Selby Jennings Hong Kong

Digital Currency Opportunities and the E-HKD


Hong Kong, China -- (SBWIRE) -- 10/13/2021 -- A national digital currency has been the theme for many countries in recent months and Hong Kong has now taken the first steps towards making this a reality. The Hong Monetary Authority (HKMA) has issued a whitepaper on the e-HKD looking at the design options and the architecture that could be put in place to make this happen. HKMA made it clear that the whitepaper is not a decision to launch a digital currency but to look into what might be required to bring it into being. It comes after speculation about the possibility of using the Chinese Central Bank's digital currency in Hong Kong. If the digital currency does eventually get the go ahead it will have many different implications, including when it comes to the Hong Kong currency's existing US dollar peg. The idea is to make it easier for people and businesses to use the full spectrum of payment options and to ensure that Hong Kong is ahead of the game on fintech innovation.

Selby Jennings was established in 2004 and is a financial technology recruiter with a finger on the pulse of banking and financial services evolution in the region. In addition to expertise as a financial technology recruiter the firm is also well known for experience in a range of other key hiring fields, including corporate and investment banking, quantitative research and trading, legal and compliance, risk management, investment management and sales and trading. The firm has extensive ties in the region and an in-depth understanding of the hiring market within banking and financial services here. It has also established a database of more than a million mid-to-senior professionals and connections with hiring managers across a broad spectrum of businesses. A combination of permanent, contract and multi-hire solutions ensure that there are hiring options for every need and every organisation, whether a small start-up or a global brand.

Vital to the firm's growth has been the emphasis placed on developing its own people. Consultants at the firm are trained on an ongoing basis and work with best-in-class recruitment technology and strategies. Selby Jennings is also a financial technology recruiter with a unique aspect to its practice that includes a broad international reach. It is part of an international workforce that numbers 1,000+ and also the recruitment partner of choice to hundreds of world-leading companies as part of the Phaidon International group, which operates across 6 countries. For a financial technology recruiter working in a field that is driven by international innovation and collaboration this kind of global perspective is vital to ensuring that the right connections can be made. There are many different positions available via the firm today, including Crypto Trading System [Java Backend], LME Sales, Investment Advisor, Quantitative Developer and Research Scientist [Machine Learning].

"Like for many sectors, 2020 marked a defining moment for recruitment. Challenged by uncertainty, but unwavering in our commitment to our clients, we have endured through 2021 with a sense of duty to clients and candidates" commented Andrew McNeilis, Managing Director at Selby Jennings. He went on to say, "as we reflect on the challenges of virtually securing and retaining talent, we're inspired by a team who have demonstrated a remarkable ability to adapt and continue to help all our clients secure top talent on a global scale."

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About Selby Jennings
Selby Jennings creates a range of recruitment solutions that are designed to support the growth of organisations across the financial services sector. Transforming the way that hiring is handled is a tool that any business can use to build in resilience and potential even in challenging times.