Model Development Intern

Model Development Intern

Country:
United States of America

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally.

Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally.

Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

an exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You !

Our Summer Internship Program, beginning in June 2026, provides immersive training and introduction to Santander. You will be combining this training with practical experience on both technical and interpersonal skills, helping your development during the internship.

The 2026 Santander Summer Internship Program is for undergraduate students and/or graduate level students who have an expected graduation date between December 2026 and May/June 2027.

Santander US is a nationwide business with locations across the country. This position is located in Boston, MA .

• The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Salary:
Graduate: $83,200

Undergraduate: $62,400

Before applying, please keep in mind that our internship program does not offer any relocation assistance.

You will be given exposure to the inner workings of one largest financial institutions in the world. Working with best-in-class teams and contributing to projects that drive innovation across the organization. As part of the internship program, you will participate in structured professional development opportunities, create connections with peers and meet leaders across Santander.

As a Model Development intern, you’ll play an integral role in building and refining statistical and machine learning models that support critical financial risk management strategies. This internship offers a unique opportunity to work with large-scale datasets, contribute to regulatory and business-facing analytics, and gain exposure to the full model development lifecycle-from data preparation and model design to performance evaluation and governance.

You will collaborate with experienced modelers, risk analysts, and business partners to enhance loss forecasting and stress testing capabilities, helping to ensure the organization’s resilience in diverse economic scenarios.

Responsibilities of the Model Development internship role may include but are not limited to:

• Support the design, implementation, and improvement of forecasting and stress testing models using statistical and machine learning techniques.
• Clean, transform, and analyze large datasets to uncover key risk drivers and prepare…