Derivatives Accounting Manager at PT FINANCIAL HOLDINGS INC

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

26 Jun, 26

Salary

225000.0

Posted On

28 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Derivatives Accounting, Hedge Accounting, ASC 815, GAAP, Client Service, Data Accuracy, Quality Control, Regulatory Developments, FASB, Automation, Reporting Projects, Data Integration, Excel, VBA, SQL, Bloomberg

Industry

Financial Services

Description

Description About Us: Headquartered in Chicago, Performance Trust Capital Partners, LLC is an investment bank that combines Wall Street scale with the agility of an independent, employee-owned firm. We help financial institutions uncover overlooked opportunities, navigate complexity, and make decisions grounded in insight—not impulse. Our work is focused on long-term impact and relationships built on what matters most: trust and enduring performance. About the Position: We are seeking a motivated and detail-oriented Derivatives Accounting Manager to join our growing team. We are seeking candidates with strong client service and derivative accounting backgrounds. Reporting directly to the Head of Bond Trust, the Manager will be a subject matter expert in derivative accounting as well as oversee the high level strategy and client service, creating scalable products. This is a great opportunity to contribute to a rapidly growing area of the business, be involved in shaping the operational architecture, and work closely with cross-functional teams including technology, sales, and client services. While the position is based in Chicago, remote candidates are encouraged to apply. Specifically, this individual will be responsible for the following: Oversee deliverables: generate, audit, and upload accounting reports while ensuring data accuracy and quality control. Serve as escalation point for complex/new strategies, operational issues, and accounting questions related to derivatives. Act as a firm-wide subject matter expert on derivative and hedge accounting, including interpretation and application of ASC 815 and other relevant guidance. Monitor emerging FASB and regulatory developments related to derivatives and hedging; assess impact and lead implementation of new standards and interpretations. Interact with sales and client services teams to address data and reporting questions. Serve as a resource and educator for prospects and clients throughout onboarding and ongoing servicing. Partner with technology to manage automation and reporting projects in collaboration with the Derivatives and Analytics teams. Lead in building out quality control and reconciliation checks to strengthen reporting accuracy. Work with internal teams to integrate data across groups and platforms. Develop a working knowledge of client regulatory filing requirements with support from internal resources. Requirements We are seeking candidates with the following qualifications: Bachelor's degree in Accounting, Finance, or related field. The ideal candidate would also be a CPA. 10+ years of progressive experience in accounting or finance, with a strong focus on derivatives and hedge accounting (ASC 815). Demonstrated experience managing teams and leading through change and growth. Deep knowledge of U.S. GAAP derivative and hedge accounting standards (ASC 815). Excellent communication, organizational, and time management abilities Detail-oriented with the ability to manage multiple priorities in a fast-paced, high-pressure environment High emotional intelligence and professional demeanor; able to build trust and maintain confidentiality Proficiency in Microsoft Excel; experience with VBA, SQL, or Bloomberg (MARS, HEFF, SWPM) is a plus Demonstrated experience in data and process management Required to complete registration as an Associated Person with the NFA within 120 days of hire date Candidates must be eligible to work permanently in the United States without sponsorship. Featured Benefits Health Coverage Medical, Dental & Vision Insurance (administered through a national carrier such as Blue Cross Blue Shields ) Prescription Drug Plans Pre-Tax Flexible Spending Account (Health and Dependent Care) (FSA) Health Savings Account (HSA) Time Off & Work-Life Benefits Vacation/Personal Days + Holidays Financial & Income Protection Benefits PT Retirement Mission-Driven Employee Stock Ownership Plan Voluntary Life Insurance + Long-Term Disability Insurance Wellness & Everyday Support Discounted Fitness Memberships (Free membership for Chicago office) Pre-Tax Commuter Benefits – Transit & Parking Mental Health support through company provided Employee Assistance Program Employee recognition programs (PT Rewards and Annual Awards) Compensation: The base salary range for this position is $175,000 - 225,000. This is an estimated range based on the circumstances at the time of posting, however, may change based on a combination of factors, including but not limited to skills, experience, education, market factors, geographical location, budget, and demand. This position is also eligible for a bonus component that would be dependent on pre-defined performance factors. All compensation determinations are based on the skills and experience required for the position and commensurate with experience of selected individuals, which may vary above and below the stated amounts. For Recruitment Agencies: As our recruitment is primarily handled in-house, we work only occasionally with external agencies, and only those on our existing, pre-approved vendor list. At this time, we are not reviewing or expanding that list. Unsolicited agency resumes, emails or other channels of outreach will not be reviewed. Unsolicited resumes or submissions from external agencies not authorized by our Talent Acquisition team will be considered direct candidate applications. As such, Performance Trust will not assume responsibility for any placement fees associated with these submissions.

Responsibilities

The manager will oversee the generation, auditing, and uploading of accounting reports, serving as the firm-wide subject matter expert on derivative and hedge accounting, including the application of ASC 815. This role involves monitoring regulatory developments, leading implementation of new standards, and partnering with technology and sales teams on automation and reporting projects.