Sep 12, 2020
The Bank of America has stopped accepting applications for its “treasury product manager” designation. The job was posted to hire a manager for the Ripple related services. As seen on LinkedIn, the firm no more takes applications, which certainly hints at the vacancy being occupied. The move suggests the accumulation of BoA in the increasing number of banks adopting Ripple.
The second-largest bank of the United States, Bank of America, has ceased receiving applications for “treasury product manager” for Ripple, hinting at the fulfillment of the vacancy.
According to LinkedIn, the job description states, “This role leads the product management team for the Ripple Project, a decentralized ledger technology-based solution to cross border payments marketed to GTS clients.” It also describes the responsibility of driving product strategy and growth, managing daily product routines, and more.
BoA has initially been a firm critic of cryptocurrencies. It blocked accounts of holders to halt the completion of crypto transactions. However, today seems like the bank has flipped the side of its digital money views. In August, it submitted a patent for a cryptocurrency wallet. Also, it joined R3’s Marco Polo blockchain trade platform last month.