Derivatives Accounting Manager

Description

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.

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.

• 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.

• 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.

• Medical, Dental & Vision Insurance (administered through a national carrier such as Blue Cross Blue Shield)
• Prescription Drug Plans
• Pre‑Tax Flexible Spending Account (Health and Dependent Care) (FSA)
• Health Savings Account (HSA)

• Vacation/Personal Days + Holidays
• Financial & Income Protection Benefits
• PT Retirement
• Mission‑Driven Employee Stock Ownership Plan
• Voluntary Life Insurance + Long‑Term Disability Insurance

• 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)

The base salary range for this position is $175,. 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.