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The Daily Hodl
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Bank of America Posts New Job Listing for Crypto Policy Expert

by Mehron Rokhy
October 31, 2022
in Regulators

Financial services giant Bank of America is now looking to hire a crypto policy expert to help the firm navigate through regulations.

According to a new job posting on LinkedIn, Bank of America is looking for a crypto policy and insights manager to keep track of regulatory hearings by federal and state agencies as well as provide key insights into their implications.

The bank says the ideal candidate would have demonstrated knowledge of fintech and blockchain-related technologies and relevant public policies. The candidate must have least two to four years of experience in crypto under their belt.

The applicant is also expected to keep track of global regulatory trends surrounding crypto and how they could impact policies in the US.

“[The candidate will] lead the development of insightful thought leadership on the regulatory implications of emerging trends, articulating a concise and compelling point of view designed to support company leaders’ understanding and assessment of these issues.

[The candidate would] follow Congressional committee hearings and markups, Congressional Blockchain Caucus events, SEC (U.S. Securities and Exchange Commission), CFTC (Commodities Futures Trading Commission), and FinCEN (Financial Crimes Enforcement Network) regulatory hearings, and other public policy briefings related to crypto/blockchain policy and participate in industry working groups on matters of crypto policy.”

The applicant would also advocate for favorable public policies, taking into account how they would affect the business, its clients, its employees, and even Bank of America’s competitors. Other duties include communicating and complying with requests made by various regulatory agencies.

“In this role, the candidate will be responsible for analyzing proposed policy measures, developing and executing advocacy strategies that align with business goals, industry coalition building, drafting proposed legislation, amendments, and comments to regulations, preparing analyses, position papers, executive summaries and reports, and drafting external communications including testimony for legislative and regulatory bodies.”

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