British Lloyds Banking Group Recruits Digital Cryptocurrency Experts

Annie Li  Aug 20, 2021 17:40  UTC 09:40

2 Min Read

British retail banking giant Lloyds Banking Group is seeking for hiring digital cryptocurrency experts.

According to BYP Network recruitment information, Lloyd’s Banking Group aims to find qualified candidates for a “digital currency and innovation senior manager”, who should be familiar with financial technology services and the current market and have a specific in-depth understanding of cryptocurrency and related technologies. 

Lloyd's job posting read that:

“The outlook for digital assets has evolved considerably as several factors have combined to make them ready for the possibility of wider use.” “While central banks are aggressively studying digital currencies, regulatory clarity is improving. 86 percent are conducting pilots, and some geographies, such as China, are on the verge of becoming live."

Lloyd said that a newly established risk department is mainly responsible for leading the company's payment liquidity and settlement. As the senior digital currency or cryptocurrency manager, the candidate is expected to develop payment use cases based on the group’s "global network of bank partnerships" and conducting business or investment around digital currency.

The starting salary for this position is £59,040 per year, and the bonus is £87,600 per year, or $120,000. And the position would be based in Birmingham, Edinburgh, or London.

Lloyds Banking Group is one of the UK's largest financial services organizations, with 30 million customers and 65,000 employees with nearly $500 billion in assets under management(AUM). Lloyds Banking Group is listed on the London Stock Exchange (LSE) and the FTSE 100 Index constituent.

Lloyds Banking Group made the job announcement following the recent surge of Fortune 500 companies trying to hire digital currency expertise.

In addition, as reported by blockchain.News on August 16, The multinational retail giant in the United States, Walmart, hired the leader for cryptocurrency and digital products.


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