Summer Student - Derivatives Accounting

Getting to Know the Opportunity:

A Derivatives Accounting Intern will assist the team in accounting of complex derivative instruments, including swaps, options, futures, and forwards, by performing tasks such as data analysis, journal entry preparation, reconciliation, and reporting, while gaining exposure to reporting for derivatives under USGAAP and Statutory accounting standards related to derivatives with close supervision from senior team members.

• Completion of daily/monthly close procedures including accounting data reconciliation between general ledger, derivatives sub-system, data warehouse and core data sets.
• Ensure accurate and timely resolution of daily exceptions from the derivatives sub-system including research on issues and proper corrective action.
• Assist department with other derivatives reporting deliverables including business unit and management reporting.
• Perform various analysis to explain balance sheet and income statement movements under US GAAP and Statutory accounting bases.
• Evaluate current processes and participate in process improvement projects.
• Facilitate internal and external audits of derivatives.
• Participate in cross-training of key functional areas.
• Other duties as assigned

• Pursuing an undergraduate degree in accounting or finance.

• Strong computer and automation skills, including strong proficiency in Excel spreadsheet functionality and Microsoft Access.

• Well-developed organization and communication skills, and ability to operate in a complex and dynamic environment.

Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$23.00/hr usd

Be Well. Stay Well.

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

Learn more about Voya benefits.

At Voya, we have identified the following critical skills which are key to success in our culture:

• Customer Focused
  :
  Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking
  :
  Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
• Team Mentality
  :
  Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen
  :
  Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility
  :
  Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn more about Critical Skills.

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.

Misuse of Voya s name in fraud schemes