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Senior Derivative Accountant

Ripple

Chicago, Illinois, United StatesSenior$144k/yr
Sign in to applyVerified 1h ago
Location
Chicago, Illinois, United States
Work model
On-Site
Level
Senior
Salary
$144k/yr
Posted
1h ago

Skills

REST

About this role

At Ripple, we’re building a world where value moves like information does today. It’s big, it’s bold, and we’re already doing it. Through our crypto solutions for financial institutions, businesses, governments and developers, we are improving the global financial system and creating greater economic fairness and opportunity for more people, in more places around the world. And we get to do the best work of our career and grow our skills surrounded by colleagues who have our backs.

If you’re ready to see your impact and unlock incredible career growth opportunities, join us, and build real world value.

THE WORK

As a Senior Derivative Accountant on the Ripple Treasury Managed Services team, you serve as the subject matter expert on derivative instruments and hedging relationships across a portfolio of clients. You own the full technical accounting lifecycle under both ASC 815 and IFRS 9: documentation, effectiveness testing, journal entries, and disclosures.

This is a hands-on role for a technical specialist who thrives with complexity, takes ownership of client engagements end-to-end, and communicates clearly with treasury and finance stakeholders at every level.

WHAT YOU'LL DO

• 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 (regression analysis, dollar-offset, hypothetical derivative method) on both a prospective and retrospective basis.

• Prepare journal entries and financial statement disclosures related to hedging activities and answer client inquiries about our 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 — preparation of work product and direct engagement with external auditors on derivative and hedge accounting matters.

• Strengthen internal methodologies, templates, and technical guidance.

WHAT YOU'LL BRING

• CPA preferred; advanced degree in Accounting or Finance a plus.

• 5+ years of hands-on experience with derivative instruments and hedge accounting — in public accounting, industry, or consulting environment.

• 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.

• Comfortable managing multiple client engagements simultaneously — precise, organized, and able to meet tight deadlines.

• Strong communicator: you make complex accounting conclusions accessible to non-technical audiences.

• Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or similar) preferred.

For positions that will be based in IL, the annual salary range for this position is below. Actual salaries may vary based on numerous factors including, among other things, an individual applicant’s experience and qualifications for the position. This range does not include equity or additional compensation, such as bonuses or commissions.

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