Skip to main content

Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert

Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert

Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500 billion assets under management (AUM). The new digital currency job advertisement highlights the new employee will work with the firm’s mobile banking network with “over 30 million customers.”

Lloyds Banking Group Is Hiring a ‘Digital Currency and Innovation Senior Manager’

A job listing published on BYP Network explains that Lloyds Banking Group is in need of a digital currency expert. Lloyds notes that the company’s Payments Liquidity & Settlement team is a newly formed venture unit and the group and “global network of bank relationships” details that they “look towards the future, digital currencies.”

Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert

The job listing follows the recent surge of Fortune 500 firms that have been looking to hire digital currency experts like Amazon, Apple, and Walmart just revealed it is looking for a cryptocurrency lead as well.

“The outlook for digital assets has shifted markedly as a number of factors have converged to make them ready for the possibility of wider adoption,” Lloyd’s job listing says. “Regulatory clarity is improving whilst central banks are actively exploring digital currencies. 86% are running pilots, and certain geographies, e.g. China, are close to going live.”

Lloyds Candidate Required to Understand Cryptocurrencies, Ideally Based in Birmingham, Edinburgh, London, Possibly Remote

An individual who is interested in working for Lloyds must have a strong payments product background and “first-hand experience and knowledge of digital/cryptocurrencies and related technologies.” The Lloyds’ digital currency expert candidate must be aware of fintech services and the current market. Alongside all those requirements, the candidate must “communicate complex ideas, proposals, issues, and implications in a concise way to colleagues at all levels and to a range of business partners.”

Lloyds notes that the base salary for this position is £59,040pa and £87,600pa or $120K. However, Lloyds will also provide the potential employee with benefits such as:

  • A performance related discretionary bonus
  • Generous pension contribution
  • 30 days leave plus bank holidays
  • A flexible cash pot (4% of base salary) to spend on benefits
  • Private health cover
  • Wider corporate benefits and perks

Meanwhile, bitcoiners from the subreddit forum r/bitcoin discussed the recent Lloyds job listing for a digital currency expert and one person mentioned the bank gave them issues for purchasing BTC in the past. “I got such a bollocking for trying to buy bitcoin through my Lloyds account. Had to speak to someone from [the] top level fraud team. Got grilled about my long game, volatility etc. I was polite but if I wasn’t so English I would have told them to get f***** and give me my money. Took most of it out though,” the Redditor said.

The Lloyds’ digital currency expert job listing further details that if the candidate meets the skill sets mentioned above the bank would “ideally” like the employee to reside in Birmingham, Edinburgh or London. “These locations are our main payment hubs but applicants are welcome from across the UK,” Lloyds’ job listing concludes. However, at the very top of the advertisement, there is a remote icon hinting that the job position could be fulfiled from a remote location.

What do you think about the British retail and commercial banking group Lloyds looking to hire a digital currency expert? Let us know what you think about this subject in the comments section below.



from Bitcoin News https://ift.tt/3k6xWdi

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought