Senior Manager, Hedge Accounting

Ripple Ripple · Fintech · Chicago, IL +1 · Managed Services

This role is for a Senior Manager of Hedge Accounting at Ripple, focusing on technical expertise, team management, and process improvement within the Treasury department. The individual will lead the team responsible for delivering hedge accounting excellence for managed services clients, acting as a subject matter expert on complex accounting standards like ASC 815 and IFRS 9. Responsibilities include overseeing deliverables, managing and developing the derivative accounting team, driving process discipline, and collaborating with clients and internal teams. The role requires deep technical knowledge of derivative instruments and hedge accounting, strong leadership skills, and a proven ability to implement process improvements.

What you'd actually do

  1. Serve as the company’s primary SME for hedge accounting under ASC 815 and IFRS 9 — providing authoritative technical guidance on fair value hedges, cash flow hedges, net investment hedges, de-designation scenarios, and disclosure requirements.
  2. Review and approve hedge documentation, designation memos, risk management objectives, and effectiveness testing methodologies across the client portfolio.
  3. Manage, mentor, and develop the derivative accounting team.
  4. Identify and implement process improvements across the hedge accounting lifecycle — from trade capture and documentation through close, disclosure, and audit response.
  5. Serve as the senior escalation point for client inquiries, audit questions, and complex accounting positions across the managed services portfolio.

Skills

Required

  • CPA required
  • 10+ years of progressive accounting experience
  • at least 7 years focused on derivative instruments and hedge accounting under ASC 815 and IFRS 9
  • Proven experience managing and developing accounting teams
  • Deep technical fluency in ASC 815 and IFRS 9
  • Strong understanding of derivative instruments across asset classes: interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives
  • Demonstrated track record of designing and implementing process improvements
  • Strong communicator

Nice to have

  • advanced degree in Accounting or Finance a plus
  • Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or comparable TMS) strongly preferred
  • Comfortable managing multiple client engagements simultaneously

What the JD emphasized

  • ASC 815
  • IFRS 9
  • derivative instruments
  • hedge accounting