Bank of America (BoA), an American multinational bank headquartered in Washington DC, is seeking 27 candidates for the position of Policy Information and Analysis Manager with a primary focus on fintech, cyber, AI, cryptocurrencies, stablecoins and blockchain.

The new staff will identify new challenges and assess the possible impact on the business.

The bank aware the job application through its official LinkedIn page. According to the bank, the candidate for this position will be in charge of researching and analyzing proposed policy changes and creating and implementing promotion plans that support company goals.

Additionally, the professional will be tasked with building industry coalitions, drafting proposed laws, amendments, and commentary on regulations, creating analyses, position papers, executive summaries, and reports, and writing external communications, including testimony for government and regulatory bodies.

The ideal candidate is expected to have 2-4 years of experience in cryptocurrency markets and trading, as well as a demonstrated interest in and understanding of fintech, cyber, AI, crypto, stablecoins, blockchain, associated industries, and related laws.

Bank of America getting involved in Crypto

The bank’s job offer shows that it is very interested in the blockchain industry and is therefore looking to improve its blockchain technology arm.

Following the trend of cryptocurrencies in 2021, the BoA launched a ad to research crypto and digital assets. Bank of America created a digital currency research team for the first time, under the leadership of Alkesh Shah, as the hot ecosystem continues to gain traction among all classes of investors.

In September, Bank of America spoke about the decision of the Binance exchange platform to convert all existing client balances and future deposits of three stablecoins into their own native Binance USD (BUSD). In its research paper, the bank noted that while Binance’s decision may have only a small short-term financial impact on the exchange, it may have more significant long-term effects.

BoA strategists recently implied that the recent change in Bitcoin it is an indication that it is becoming a safe haven relative to other digital assets.

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