Level

Ripple

Senior Derivative Accountant

Ripple is hiring a Senior Derivative Accountant in New York, United States. It pays $144k-$175k a year and Level rates it ; you can apply on Ripple.

Level's read on this job

  • On Level's scale, this accountant role is Little AI ●○○○: aI is not part of the work.
  • The listed pay starts 31% above the typical accountant posting on Level.
  • Tools and skills the posting cites include accounting, derivatives and hedge accounting.
  • Level lists 98 other open roles at Ripple.
  • The role was posted in the last few days.

AI in this role

Manage end-to-end derivative accounting and hedging relationships as a Senior Derivative Accountant on the Ripple Treasury team.

accountingderivativeshedge-accountingasc-815ifrs-9

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 NY, 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. 
NY Annual Base Salary Range$144,000—$175,000 USD

WHO WE ARE:

Do Your Best Work

  • The opportunity to build in a fast-paced start-up environment with experienced industry leaders
  • A learning environment where you can dive deep into the latest technologies and make an impact.  A professional development budget to support other modes of learning.
  • Thrive in an environment where no matter what race, ethnicity, gender, origin, or culture they identify with, every employee is a respected, valued, and empowered part of the team.
  • In-office collaboration for moments that matter is important to our culture, and we give managers and teams the flexibility to decide which 10+ days a month they come in. 
  • Bi-weekly all-company meeting - business updates and ask me anything style discussion with our Leadership Team
  • We come together for moments that matter which include team offsites, team bonding activities, happy hours and more!

Take Control of Your Finances

  • Competitive salary, bonuses, and equity
  • Competitive benefits that cover physical and mental healthcare, retirement, family forming, and family support
  • Employee giving match
  • Mobile phone stipend

Take Care of Yourself

  • R&R days so you can rest and recharge
  • Generous wellness reimbursement and weekly onsite & virtual programming
  • Generous vacation policy - work with your manager to take time off when you need it
  • Industry-leading parental leave policies. Family planning benefits.
  • Catered lunches, fully-stocked kitchens with premium snacks/beverages, and plenty of fun events

Benefits listed above are for full-time employees. 

Ripple is an Equal Opportunity Employer. We’re committed to building a diverse and inclusive team. We do not discriminate against qualified employees or applicants because of race, color, religion, gender identity, sex, sexual identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, military status, or any other characteristic protected by local law or ordinance.
Please find our California, UK/EU, Singapore, DIFC, ADGM, Australia, and Switzerland  Applicant Privacy Notice for reference.

How we rate this

Senior Derivative Accountant at Ripple rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

AccountingDerivativesHedge AccountingAsc 815Ifrs 9

Also common in accountant jobs at this level

Pay

This job starts at
$144k
Typical accountant job
$110k

This posting starts 31% above the typical accountant job. See accountant jobs

Questions you could be asked

  1. Tell me about a project where accounting was part of your work. What did you do?
  2. Tell me about a project where derivatives was part of your work. What did you do?
  3. Tell me about a project where hedge accounting was part of your work. What did you do?
  4. Tell me about a project where asc 815 was part of your work. What did you do?
  5. Tell me about a project where ifrs 9 was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Accounting, Derivatives, Hedge Accounting, Asc 815, and Ifrs 9. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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