JPMorgan job listings reveal the bank’s crypto ambitions

JPMorgan

Now hiring! JPMorgan Chase & Co. is on the hunt. The megabank is looking for its first crop of crypto savvy employees, and those who have experience with Bitcoin and Ethereum will have a huge plus.

In other words, the bank has a number of digital asset crossover jobs, and this hint at broader cryptocurrency ambitions over at JPMorgan that continues to grow — even after years and years of its CEO Jamie Dimon badmouthing Bitcoin.

Yet, at the same time, the bank has begun laying the foundations for the crypto space.

JPMorgan has been aggressively hiring folks with crypto credentials for a while now, and many of these positions stretch beyond its Onyx blockchain project, which is an effort mostly concerned with wholesale banking.

However, six new positions have popped up at the company’s job boards since April, and show how the financial services giant is bolstering its crypto readiness at multiple fronts. These positions range from New Jersey to Illinois to Hong Kong.

The prospective hires will join at least 255,000 others that work for JPMorgan.

JPMorgan is assembling a new payments team that will look into crypto tie-ins for its over $1 trillion annual transactions payments processing operation.

The wealth management, corporate banking, consumer payments, and investment conglomerate is also adding a pair of cryptocurrency risk managers to its corporate compliance ranks. As for decentralized finance, much of the activity in this space is coming out the US, especially in Asia.

Even in Onyx, the fast-growing blockchain division that is building the JPM coin ad other projects, recent job postings are taking direct aim at cryptocurrencies.

All of these new job postings that mentioned digital assets have been removed from the job site, but not before providing us a hint at the company’s crypto flirtations.

Something big approaches!


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