Citi kickstarts recruitment for top job in digital assets unit

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Wall Street heavyweight Citigroup is hiring a global head of digital asset risk management, signifying the latest move in a broader strategic push toward crypto services. 
A post on LinkedIn said the role would be “accountable for all matters relating to the risk management of digital asset activities globally and across all Citi business lines.” 
The advert states that due to the “high-profile nature” and “regulatory focus” on digital assets, the successful candidate will have contact with the most senior leaders of business, risk and control functions.
The remit will include evaluating “all digital assets (beyond bitcoin and ether)” before any asset can be used in any initiative firm-wide. 
A spokesperson from the bank told The Block that Citi is “focused on assessing the needs of [its] clients in the digital asset space,” adding that before offering products and services it is studying these markets as well as the regulatory landscape with relation to its busi

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