ALM Accounting Specialist - Fixed Income - Executive Director

Key Responsibilities

• Serve as the primary US accounting subject matter expert working with CDG and broader US sales coverage on client transactions involving derivatives, structured hedging, and complex financing-linked trades.
• Provide real-time accounting input during deal structuring, identifying P&L, balance sheet, hedge accounting, and disclosure implications under US GAAP ASC 815 and related standards.
• Partner with CDG originators, structurers, and traders to align commercial outcomes with the appropriate accounting treatment.
• Advises on the accounting treatment of interest rate, FX, and cross-currency derivatives under US GAAP (and IFRS where relevant).
• Assess hedge designations, effectiveness requirements, documentation, and ongoing testing considerations for client and firm-side hedges.
• Participate in internal transaction and new product reviews, ensuring accounting considerations are fully reflected in deal approval and documentation.
• Liaise with Product Control, Financial Reporting, Legal, Risk, and Credit to ensure consistent treatment across execution, booking, and reporting.
• Develop US GAAP-focused accounting guidance, frameworks, and decision tools for CDG and broader FID stakeholders.
• Deliver targeted training to CDG teams on derivatives accounting, hedge accounting, and emerging technical standards.
• Serve as a go-to resource for team members on accounting issues impacting deal viability, structuring decisions, or execution timing.
• Identify accounting areas that constrain commercial activity and work with CDG and Finance stakeholders to develop scalable solutions.
• Contribute to firmwide discussions on derivatives accounting policy as it relates to structured client solutions across ISG.
• Function as a visible leader across CDG and Finance, helping set standards for technical rigor, governance discipline, and judgment quality.

  Candidate Requirements

  • Bachelor’s degree required; MBA, CPA, and/or CFA designation is an asset.
  • Significant experience in derivatives accounting, product control, technical accounting, or financial reporting, with direct exposure to Rates and/or FX derivatives.
  • Strong understanding of hedge accounting concepts and practical application to real-world transactions.
  • Prowess in engaging with front-office professionals and influencing deal structuring decisions.
  • Experience interacting with auditors, regulators, and senior Finance stakeholders.
  • Comfortable operating independently on complex issues while collaborating across multiple control and business functions.