Bitcoin News and Finance Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert 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.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Blogarama - Blog Directory