Selby Jennings USA

The Global Rise of CBDCs as the Digital Revolution Continues


New York, NY -- (SBWIRE) -- 09/23/2021 -- Bitcoin has made huge strides in 2020-21 - it's now accepted legal tender in companies like Starbucks and was adopted as legal currency by El Salvador earlier this year. The growing mainstream acceptance of bitcoin has forced central banks to accelerate their own digital currency initiatives - CBDCs. These are basically digital versions of existing national currencies and are designed to compete with bitcoin etc. China has been spearheading this initiative - the digital Yuan has now been used in more than $5 billion in transactions. 80+ countries have said that they are looking into launching their own digital currencies and there are many advantages to this, including facilitating direct government payments and a range of new financial instruments. There are plenty of challenges too, including the need for infrastructure that is both secure and well designed and the necessity of ensuring optimum privacy and safeguarding user data while also allowing some data mining.

Innovation is par for the course in the field of financial technology jobs in USA. This is one of the fastest evolving areas of banking and financial services and there are many opportunities for talented people looking to take career-defining next steps. Selby Jennings works with businesses across the spectrum of financial technology jobs in USA, facilitating connections with enterprise-critical talent in locations nationwide, including Dallas, Los Angeles, New York, Chicago and San Francisco. The firm also has expertise in hiring for many other fields within banking and financial services, including risk management, quantitative research and trading, investment management, sales and trading and legal and compliance. A combination of permanent, contract and multi-hire solutions is used to create options for organizations of all sizes and needs, from global brands to agile and innovative start-ups. With a database of more than a million mid-to-senior professionals, the firm is well placed to make key connections happen.

In addition to nationwide coverage within the USA, Selby Jennings also brings a unique international perspective to the table. This is one of the reasons the firm has been able to build a reputation as a leading specialist recruiter for financial technology jobs in USA, as well as many other strategic areas. The team in the USA is part of a 1,000+ strong international workforce and is also the recruitment partner of choice to hundreds of world-leading companies as part of the Phaidon International group, which operates across 6 countries. Selby Jennings was established in 2004 and has built a resilient and specialist team with in-depth insight across banking and financial services. This has been possible thanks to consistently training consultants and ensuring that all are working with best-in-class recruitment technology and strategies. There are currently many different roles available via the firm today, including Private Credit Senior Associate, Investment Associate [Direct Lending] and Model Validation.

"As many sectors have recovered from the uncertainty faced in 2020, hiring has accelerated rapidly over the course of 2021. The talent market is more competitive than ever, and we remain committed to helping clients solve one of the top business challenges: talent," commented Kieran Behan, Managing Director at Selby Jennings. He went on to say, "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."

To find out more information about Financial Technology jobs in USA visit:

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About Selby Jennings
Selby Jennings was founded in 2004 and provides both local and international connections and perspective with respect to financial services roles. The firm is a specialist leading recruiter with a wealth of experience and the resources and expertise to ensure peace of mind for both clients and candidates.