Regulation

Bank of America Posts New Job Listing for Crypto Policy Expert

Monetary companies big Financial institution of America is now trying to rent a crypto coverage professional to assist the agency navigate by way of rules.

Based on a brand new job posting on LinkedIn, Financial institution of America is in search of a crypto coverage and insights supervisor to maintain observe of regulatory hearings by federal and state companies in addition to present key insights into their implications.

The financial institution says the perfect candidate would have demonstrated data of fintech and blockchain-related applied sciences and related public insurance policies. The candidate will need to have least two to 4 years of expertise in crypto below their belt.

The applicant can also be anticipated to maintain observe of world regulatory developments surrounding crypto and the way they might impression insurance policies within the US.

“[The candidate will] lead the event of insightful thought management on the regulatory implications of rising developments, articulating a concise and compelling standpoint designed to assist firm leaders’ understanding and evaluation of those points.

[The candidate would] observe Congressional committee hearings and markups, Congressional Blockchain Caucus occasions, SEC (U.S. Securities and Trade Fee), CFTC (Commodities Futures Buying and selling Fee), and FinCEN (Monetary Crimes Enforcement Community) regulatory hearings, and different public coverage briefings associated to crypto/blockchain coverage and take part in business working teams on issues of crypto coverage.”

The applicant would additionally advocate for favorable public insurance policies, considering how they might have an effect on the enterprise, its shoppers, its workers, and even Financial institution of America’s rivals. Different duties embrace speaking and complying with requests made by numerous regulatory companies.

“On this function, the candidate will likely be answerable for analyzing proposed coverage measures, creating and executing advocacy methods that align with enterprise targets, business coalition constructing, drafting proposed laws, amendments, and feedback to rules, getting ready analyses, place papers, government summaries and studies, and drafting exterior communications together with testimony for legislative and regulatory our bodies.”

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Featured Picture: Shutterstock/Digital Retailer/Natalia Siiatovskaia



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