Senior Derivative Accountant

Ripple
Chicago
Workplace: OnsiteFull timeUSD 144,000 - 175,000 annuallyFunction: Finance & AccountingExperience: 5+ yearsSkills: ["Ownership","Communication","Critical judgment","Organization","Client-facing clarity"]

Serve as a subject matter expert on derivative instruments and hedge accounting across a portfolio of clients in the Treasury Managed Services team. Own the end-to-end technical accounting lifecycle under ASC 815 and IFRS 9, including documentation, hedge effectiveness testing, journal entries, disclosures, and client inquiries. Translate new FASB/IASB guidance into actionable impact, lead audit support with external auditors, and strengthen internal methodologies and technical templates.

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FursaFursa
Ripple
Ripple
2 days ago

Senior Derivative Accountant

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Job Summary

Serve as a subject matter expert on derivative instruments and hedge accounting across a portfolio of clients in the Treasury Managed Services team. Own the end-to-end technical accounting lifecycle under ASC 815 and IFRS 9, including documentation, hedge effectiveness testing, journal entries, disclosures, and client inquiries. Translate new FASB/IASB guidance into actionable impact, lead audit support with external auditors, and strengthen internal methodologies and technical templates.
Location: Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Own end-to-end derivative accounting for interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives across client portfolios.
  • •Prepare and review hedge documentation, designation memos, risk management objectives, and formal effectiveness testing under ASC 815 and IFRS 9.
  • •Perform quantitative and qualitative effectiveness assessments (e.g., regression analysis, dollar-offset, hypothetical derivative method) on prospective and retrospective bases.
  • •Prepare journal entries and financial statement disclosures related to hedging activities and answer client inquiries about deliverables.
  • •Lead audit support on derivative and hedge accounting matters and strengthen internal methodologies, templates, and technical guidance.

Pay and Benefits

Salary: USD 144,000 - 175,000 annually
Perks:Health InsuranceRetirementParental LeavePaid LeaveWellness StipendLearning BudgetMobile PhoneEmployee GivingMeal Allowance

Key Requirements

  • •5+ years of hands-on experience with derivative instruments and hedge accounting in public accounting, industry, or consulting.
  • •Deep technical fluency in ASC 815 and IFRS 9, including practical hedge accounting elections and disclosure requirements.
  • •Experience with fair value measurement (ASC 820 / IFRS 13) and familiarity with derivative valuation methodologies.
  • •Comfort managing multiple client engagements simultaneously while meeting tight deadlines.
  • •CPA preferred; advanced degree in Accounting or Finance a plus.
Experience:5+ yearsHedge accountingDerivativesFinancial servicesTreasury managementFintechCrypto
Education:
Skills:OwnershipCommunicationCritical judgmentOrganizationClient-facing clarity
Certifications:CPA
Languages:English
Tech Stack:ASC 815IFRS 9ASC 820IFRS 13FASBIASBRegression analysisDollar-offsetHypothetical derivative methodFair value measurementHedge documentationDesignation memosRipple TreasuryChatham FinancialRevalFIS Quantum

Company Brief

Ripple
Builds blockchain-based payment and liquidity infrastructure for financial institutions and enterprises. Its products support cross-border payments, crypto liquidity, and digital asset settlement.
Industry: Fintech Infrastructure
Company Size: Enterprise (1,001+ employees)
Growth: Established Company
Headquarters: San Francisco, United States
Founded: 2012
WebsiteLinkedIn