About Us: Headquartered in Chicago, Performance Trust Capital Partners, LLC is an institutional fixed income broker/dealer, specializing in highly analytical, performance driven strategies. Our core clients include community and middle-market banks, credit unions, and insurance companies. Our unique and customized approach to strategic advisory, mergers and acquisitions, and balance sheet solutions provides financial institutions the confidence to manage the full lifecycle of their institution, earn their independence, and expand strategic alternatives through enhanced financial performance and good regulatory standing.
About the Position: We are seeking a motivated and detail-oriented Derivatives Accounting & Operations Associate to join our growing team. This role is central to our derivatives program, overseeing client onboarding, ongoing servicing, and the accuracy of accounting and regulatory reporting. In addition, the Associate will drive automation, process improvements, and cross-team data integration initiatives.
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. This position offers the opportunity to play a key role in scaling our derivatives platform, with visibility to senior leadership and potential for future advancement. This role will be based in our Chicago office, with a hybrid schedule combining in-office and remote work.
Specifically, this individual will be responsible for the following:
- Manage deliverables: generate, audit, and upload accounting, operational & regulatory reports with a focus on accuracy and timeliness. Troubleshooting any issues independently.
- Manage client inquiries within department SLAs and working with SMEs as needed.
- Interact with sales and client services teams to address data and reporting questions.
- Manage contract creation and user access to client reporting portals.
- Lead and manage the SOC1 process with external auditors.
- Support automation and reporting projects in collaboration with the Derivatives Accounting and Analytics teams.
- Prototype new reports and liaise with the Technology team to support development efforts. Managing IT priorities.
- Assist in building quality control and reconciliation checks to strengthen reporting accuracy.
- Work with internal teams to integrate data across groups and platforms.
We are seeking candidates with the following qualifications:
- Bachelor's degree in Accounting, Finance, Statistics, STEM, or related field
- 3-5 years’ experience in derivatives or financial service operations
- Hands-on experience with hedge accounting standards and derivatives accounting
- Strong understanding of interest rate derivatives
- Strong quantitative and analytical problem-solving skills
- 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
- Strong aptitude for learning technical software solutions
- Required to complete registration as an Associated Person with the NFA within 120 days of hire date
Featured Benefits
Medical
Dental
Vision
Health and Wellbeing
Prescription Drug Plans
Voluntary Life Insurance + Long term disability insurance
PT Retirement
Mission Driven Employee Stock Ownership Plan
Stability
Pre-Tax Commuter benefits – Transit & Parking
Lifestyle
Discounted Fitness memberships
Lifestyle Management – Tobacco Cessation & Weight Management
Vacation/Personal Days + Holidays
Pre-tax Flex Spending Account (FSA) and Health Savings Account (HSA)
Compensation: The base salary range for this position is $100,000 - $125,000. 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.
