SEC set to spend up to $238,787 annually on cryptocurrency financial analyst
April 24, 2019, 8:51PM EDT
1 min read
The SEC is looking to bolster its cryptocurrency chops by hiring a "Financial Analyst Cryptocurrencies." According to the job listing, posted in early April, the analyst will have a robust set of responsibilities:
"The Crypto Specialist provides expertise and coordinates TM activities regarding crypto and digital asset securities. Duties include coordination with Division staff to establish a comprehensive plan to address crypto and digital asset securities; engage with other Divisions and Offices on such matters; serve as the Division's point of contact for domestic and international regulators, market participants, and the public; provide expert level comment on policy and workstreams."
The compensation for the role is as interesting as the responsibilities, with the analyst set to earn between $144,850 and $238,787 annually. The analyst is expected to have expert-level grasp of cryptocurrency products, policy and legal matters globally while demonstrating the ability to apply knowledge of federal securities laws to digital assets and crypto businesses.
The role requires "completion of a pre-employment security investigation" and "favorable results on a Background Investigation may be a condition of employment." Additionally, "appointment may require completion of a one-year probationary period." Finally, "this position may be subjected to drug testing requirements."
Today the always-on demands of online markets have to be matched with the ability to access opportunities instantly and with no limits. Historically correspondent banks would move large sums of money for those needing to transfer funds while creating bottlenecks of unnecessary friction.
Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.