Sign of the Changing Times as Goldman Sachs Looks to Hire Lead Crypto Asset Project Manager

Goldman Sachs is looking for a Project Manager. This is according to a job listing posted which described that the right person for the job would be responsible for creating a ‘comprehensive road-maps for Distributed Ledger Technology.’

The listing further stated that the technology will be expected to help define the scope as well as the route in which the business will take. It, however, comes barely a month after the CEO, David Solomon, expressed interests in going the JP Morgan Chase way and creating a crypto token.

The bank’s Chief had said that they are seriously researching the crypto-sphere. Mentioning stablecoins and asset tokens, he had hinted that their payment system was considering going for them.

The bank’s search for a Project Manager, however, highlights firm-wide initiative, whose aim is to bring together different institutions for a collective growth and innovation. One of the roles of the person selected to fill the position will, therefore, will involve working in tandem with other departments within the firm.

Basically, the Project Manager will be consulting with its risk, compliance, operations, legal and finance departments to create “unprecedented projects.”

Goldman Sachs has previously been involved in crypto and blockchain. The bank first mulled on establishing a crypto-backed fund and custody services in 2018, although this was quickly speculated that they were planning to delve into custodial services.

It was also around the same time when Morgan Stanley was first using Blockchain-based payments getaway. The two are the first to use an IBM and CLS-developed currency trading hub. Goldman Sachs just recently, in May, started providing crypto future.