BlocksInform
After announcing significant positions in the cryptocurrency industry, Great Bank of the United Kingdom has suggested that it plans to enter the growing digital asset sector in the future. According to advertisements for open positions that were published recently, the leading financial institution is particularly interested in recruiting a Product Director to oversee “tokenization” use cases and
HSBC’s Crypto Job Openings
At the same time detailing the new position, HSBC states that the data subject would be accountable to the Global Digital Asset Manager and the HSBC Open Manager, demonstrating that this role is a high-level position within the banking conglomerate. The bank claims that the positions have become necessary due to the rapidly changing nature of the cryptocurrency industry and the involved risk appetite.
HSBC appears to have said:
The Chief Tokenisation Officer will have to make complex business and project decisions that contribute to a strategic initiative of great value.
Applicants would be externally responsible for representing the company before "regulatory bodies", clients, and the digital asset ecosystem to position hsbc" as a trailblazer and innovator in pursuing the digital asset initiative, as depicted. In addition, the prospective applicant should consider, design and implement a global tokenization proposal that is commercially significant given the hsbc scale. At the same time, those who have successfully applied for the Digital Asset Product Manager role will be responsible for driving the cryptocurrency program forward.
Read More: Will This New Development Help Terra Classic’s (LUNC) Price To 5X?
Crypto’s Growing Influence
“The Product Manager for Digital Assets will be required to build strategic frameworks and policies to help drive complex business, project and governance decisions. This will include the strategic creation and day-to-day management of governance fora and committees to drive the digital asset agenda in an efficient and transparent manner," said the financial giant.
Hsbc is looking for candidates for these jobs who are ready to work in a dynamic regulatory environment and who are able to work in difficult circumstances. Interestingly, the UK, that will be the workplace - is one of the international jurisdictions intensifying its efforts to establish new legislation on cryptocurrencies in light of increasing consumer interest.
HSBC follows in the footsteps of other well-established banking giants such as JPMorgan in offering products related to blockchain and cryptocurrency. But, where other banking heavyweights are primarily concerned with providing depository or trading facilities for elite individuals, hsbc's position on "tokenization" may be on an entirely different route.
Also Read: FBI’s Most Wanted Crypto Scammer of $4 Bn Ponzi Scheme Finally Found In This Country
