Senior Derivative Accountant

Ripple • Chicago, IL

1d

About The Position

As a Senior Derivative Accountant on Ripple’s Treasury Managed Services team, you will serve as the subject matter expert on derivative instruments and hedging relationships across a portfolio of clients. You will own the full technical accounting lifecycle under ASC 815 and IFRS 9, including documentation, effectiveness testing, journal entries, and disclosures. This is a hands-on technical specialist role requiring ownership of client engagements from end to end and clear communication with treasury and finance stakeholders at every level.

Requirements

• At least 5 years of hands-on experience with derivative instruments and hedge accounting in public accounting, industry, or a consulting environment.
• Deep technical fluency in ASC 815 and IFRS 9, including practical hedge accounting elections and disclosure requirements.
• Experience with fair value measurement under ASC 820 or IFRS 13 and familiarity with derivative valuation methodologies.
• Ability to manage multiple client engagements simultaneously, with precision, organization, and the ability to meet tight deadlines.
• Strong communication skills, including the ability to make complex accounting conclusions accessible to non-technical audiences.

Nice To Haves

• CPA preferred.
• Advanced degree in Accounting or Finance is a plus.
• Experience with hedge accounting platforms such as Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or similar.

Responsibilities

• Own end-to-end derivative accounting for interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives across multiple client portfolios.
• Prepare and review hedge documentation, designation memos, risk management objectives, and formal effectiveness testing under ASC 815 and IFRS 9.
• Execute quantitative and qualitative effectiveness assessments, including regression analysis, dollar-offset, and the 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.
• Apply critical judgment on hedge accounting elections, fair value hedges, cash flow hedges, net investment hedges, and de-designation scenarios.
• Translate new FASB and IASB guidance into clear, actionable impact summaries for clients and internal teams.
• Lead audit support, including preparing work product and engaging directly with external auditors on derivative and hedge accounting matters.
• Strengthen internal methodologies, templates, and technical guidance.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed