Reuters reported late last year that the bank intended to hire 100 staff to kickstart its digital assets strategy.The head of TTS digital assets will be a member of the TTS partnership and innovation team and among other things will be charged with working with venture-backed startups in blockchain and digital assets in identifying their technical and commercial challenges and mapping them to Citi technology and products"This individual will lead global efforts in formulating a TTS digital assets strategy, building out cross-TTS/TTS digital asset products and capabilities, implementing a governance structure, and engaging with key internal and external stakeholders including partners, clients and regulators," states the job posting. The chosen candidate "will work closely with the in-business innovation and business development leads as well as product heads to identify, develop and scale capabilities, knowledge and products across first line (Product & Tech), and second line with an aim to create readiness for TTS with respect to digital assets.
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