Interest Rate Risk Analyst

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

The Interest Rate Risk (IRR) Analyst plays a key role in strengthening the organization’s (IRR) oversight by supporting accurate, timely, and well-controlled risk measurement processes. By contributing to core analytical production cycles, model governance activities, and cross-entity coordination, you help ensure the integrity of risk metrics, enhance transparency, and support informed balance sheet management decisions.

• Support the monthly Interest Rate Risk (IRR) metric production process within QRM, ensuring accuracy, completeness, and timely delivery of risk measures.
• Contribute to the annual IRR limit-setting process for SHUSA and its subsidiaries by preparing analysis, documentation, and supporting materials.
• Assist with monthly and quarterly model control activities, including ongoing performance monitoring and validation support for IRR models.
• Partner with IRR team members to learn, document, and enhance recurring analytical and reporting procedures to improve efficiency and control.
• Perform ad‑hoc IRR analyses to support risk management, regulatory, and business‑driven requests.
• Collaborate with headquarters and subsidiary stakeholders to promote adherence to established IRR procedures, standards, and governance frameworks.
• Identify opportunities to automate and streamline analytical workflows using appropriate tools and programming capabilities.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree in Finance, Mathematics, or a related quantitative field with financial coursework – Required.

• 1+ years of experience in Market Risk, Interest Rate Risk, or Asset Liability Management within the financial services industry – Required.
• Experience with QRM or similar financial risk management systems. – Preferred.

• Proficiency in Microsoft Excel, including advanced analytical functions.
• Working knowledge of financial products and interest rate risk concepts.
• Familiarity with VBA, SQL, or Microsoft Access.
• Exposure to programming languages such as R, MATLAB, or Python for data analysis and process automation.
• Strong analytical and quantitative problem‑solving abilities.
• Clear and effective written and verbal communication skills.
• Detail‑oriented mindset with a focus on accuracy and process control.
• Ability to collaborate effectively across teams and organizational levels.

None

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

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.

$63,750.00 USD

$ USD

Your contribution matters and it’s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well‑being, now and into the future. Santander Benefits - 2026…