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HSBC reveals intent to go into crypto with job posting

Arover by Arover
January 31, 2023
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HSBC reveals intent to go into crypto with job posting
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World-renowned giant bank HSBC has made it clear its intention to enter the industry by publishing important job postings such as “Tokenization Manager” related to the crypto industry.

Job postings released by leading British bank HSBC on Jan. 30 show that the giant bank is looking for a Product Director for tokenization use cases and digital assets.

The bank explained that some positions are needed due to the change and risk appetite of the crypto sector with the following sentences;

“As Digital Assets are a new topic, and as risk appetite considerations evolve rapidly, the Tokenization Manager will need to make complex business and project decisions that contribute to a high-value, strategic effort.”

In this statement, HSBC hinted that the perfect candidate will play a key role in the bank’s next product, GPB&W Digital Assets.

The job description states that the candidates will represent the company externally to the ‘regulators, customers and digital assets ecosystem’ to position HSBC as a leader and innovator in advancing its digital assets strategy.

It was also reported that candidates who succeed in the position of Product Manager for digital assets will be responsible for driving the cryptocurrency agenda.

For both roles, HSBC is seeking candidates who can work in an uncertain environment with the skills to cope with the changing regulatory environment.

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Tags: CryptoHSBCintentJobpostingreveals

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