Director, Managed Services
Ripple
- Location
- Chicago, Illinois, United States
- Work model
- On-Site
- Level
- Staff
- Salary
- $196k/yr
- Posted
- 1h ago
Skills
About this role
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 Head of Managed Services at Ripple Treasury, you own the delivery, performance, and growth of our Hedge Accounting managed services practice — spanning both FX and Interest Rate Risk management. You lead a team of Derivative Accountants who deliver technical excellence to our client portfolio, and you're accountable for the practice's operational health end to end: client satisfaction, delivery quality, staffing, and the workflows that let the team execute quarter after quarter.
You are responsible for running the Hedge Accounting practice: forecasting capacity against a growing client portfolio, making staffing calls, tracking delivery KPIs, resolving client escalations, and building the processes that let the team scale. When something technically hard comes up — a contested de-designation, a novel structuring question, an auditor pushing back — you're the person who steps in and gets it right.
This is a role for someone who can run a service organization day-to-day, and who has the technical depth to support the team when they need it.
WHAT YOU'LL DO
Practice Management & Operations
• Design the day-to-day operating model for how the practice delivers — from trade capture through close, disclosure, and audit response — across both FX and interest rate programs.
• Lead Hedge Accounting Managers, and through them, the Derivative Accountants who bring technical excellence to every client engagement.
• Drive resource planning and capacity forecasting for a growing portfolio — your call on staffing, your call on how the team scales.
• Set the KPIs that define what great delivery looks like, and step in personally the moment one signals trouble.
• Build the workflows, templates, and close checklists the whole practice runs on — then make them sharper every single cycle.
• Bring in the technology that makes the team faster and more accurate.
• Own hiring and workforce planning as the practice grows under you.
• Provide advisory on best practices on hedge accounting strategies related to FX and Interest Rate exposures.
Team Leadership & Development
• Set clear performance expectations for Managers and team members, and provide ongoing coaching and feedback that develops both technical depth and delivery discipline.
• Build a team culture grounded in accountability, technical rigor, and continuous improvement.
• Develop each Manager’s technical and people leadership capability, so routine delivery decisions get made confidently without you.
Technical Expertise & Escalation
• Serve as a practice technical expert on hedge accounting under ASC 815 and IFRS 9, across FX risk management and Interest Rate risk management.
• Act as the escalation point when a Manager or team member surfaces a hedge accounting question that's genuinely novel, contested, or high-risk, de-designation disputes, structuring problems without precedent, or positions an auditor is challenging.
• Step into audit conversations personally when a