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."
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."