Bank of America is looking for a crypto expert to track digital asset activity.
Traditional banks are stepping up their efforts to keep up with the emerging technology and crypto industry. Many financial firms are taking new steps towards blockchain-connected businesses. One of them was the American banking giant Bank of America.
New Step for Crypto Services from Bank of America
Bank of America is seeking a crypto policy expert to monitor digital asset regulations and identify key risks fintech may pose to its business.
“We are seeking a policy analysis and insight manager who will identify emerging issues and assess their potential impact on the organization, with a primary focus on fintech/cyber/AI/crypto/stablecoin/blockchain,” Bank of America said in the job posting.
The candidate for Bank of America’s crypto business will be responsible for analyzing policy proposals, drafting legislation, developing advocacy strategies and building coalitions within the industry. It will also draft wording for submission to regulators and provide feedback to regulators on legislative changes.
The task also includes identifying key risks posed by emerging financial technologies and fintech business models, according to the job posting.
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