Senior Derivative Accountant
"What You'll Be Doing"
What You'll Be Doing
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 both a prospective and retrospective basis.
Prepare journal entries and financial statement disclosures related to hedging activities, and respond to client inquiries about deliverables.
Apply critical judgment to 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 We're Looking For
5+ years of hands-on experience with derivative instruments and hedge accounting, gained in public accounting, industry, or consulting environments.
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.
Ability to manage multiple client engagements simultaneously while staying precise, organized, and able to meet tight deadlines.
Strong communication skills, with the ability to make complex accounting conclusions accessible to non-technical audiences.
Bonus Points
CPA preferred; an 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 tools is preferred.
Why Join Us
For positions based in NY, the annual base salary range is $144,000–$175,000 USD. Actual salaries may vary based on factors including an individual applicant's experience and qualifications. This range does not include equity or additional compensation such as bonuses or commissions.
Competitive salary, bonuses, and equity.
Competitive benefits covering physical and mental healthcare, retirement, family forming, and family support.
Employee giving match.
Mobile phone stipend.
R&R days to rest and recharge.
Generous wellness reimbursement and weekly onsite and virtual wellness programming.
Generous vacation policy, with flexibility to work with your manager on time off.
Industry-leading parental leave policies and family planning benefits.
Catered lunches, fully-stocked kitchens with premium snacks and beverages, and company events.
A professional development budget to support learning.
In-office collaboration flexibility, with managers and teams deciding which 10+ days a month to come in.
Bi-weekly all-company meetings featuring business updates and an ask-me-anything session with Leadership.
Team offsites, bonding activities, happy hours, and other team moments.
Salary Range
USD 144,000 - 175,000 per year
About Ripple
At Ripple, we're building the future of value exchange through innovative blockchain and crypto solutions. As a leader in enterprise blockchain, we enable businesses to move money faster, more reliably, and at a lower cost than traditional financial systems. Our vision is a world where value flows as seamlessly as information, and we're achieving this by developing powerful, scalable distributed ledger technology (DLT) solutions like RippleNet and the XRP Ledger. We empower financial institutions, businesses, and developers to leverage the power of crypto for global payments, liquidity, and asset tokenization. Our culture in London is a dynamic blend of innovation, collaboration, and impact. We are a team of curious, entrepreneurial minds driven by a shared passion for Web3 and a commitment to pushing the boundaries of what's possible with blockchain technology. We foster an environment that encourages bold ideas, continuous learning, and thoughtful problem-solving, all while maintaining a user-centric approach to our products and services. We believe in transparency, continuous improvement, and celebrating our collective successes. Joining Ripple means becoming part of a pioneering force in the blockchain industry. You'll work on cutting-edge projects with a global impact, contributing to initiatives that are redefining financial services. We offer an opportunity to shape the future of finance, collaborate with brilliant minds, and grow your career within a supportive and forward-thinking Web3 ecosystem. If you're ready to make a significant contribution to the decentralized economy and thrive in a fast-paced, high-impact environment, explore career opportunities with Ripple.
Ready to Apply?
To submit your application for this position, please visit Ripple's official website and follow their application process.