Walmart Just Made an Interesting Move in the Crypto Boom

Retail giant Walmart is looking to hire a digital cryptocurrency lead. At least according to the company’s careers page.

The largest U.S. retailer by total sales is seeking to hire the digital currency and cryptocurrency product lead, which is a new role that would provide leadership with ways to identify technology and customer trends.

Investments needed to build on those existing trends will be advised by the Bentonville, Ark.-based crypto product lead.

Part of the role would include driving Walmart’s digital currency strategy as well as identifying crypto-related partnerships and investments.

It was about two years ago that Walmart applied for a patent on a price-stable crypto that was like Libra, Facebook’s then nascent project.

It was this year that Walmart also created a fintech unit called Hazel.
Walmart’s full ad reads:

Job Description

Are you passionate about Digital Currencies and driven by opportunities to scale new products and businesses? As one of the largest retailers and e-commerce companies, Walmart enables broad set of payment options for its customers. As Digital Currency/ Cryptocurrency lead at Walmart you will be responsible for developing the Digital Currency strategy and product roadmap. As an expert in Digital Currencies/ Cryptocurrency and Blockchain related technologies, you will drive the vision for the product and capabilities roadmap. You will provide the leadership to identify technology and customer trends and the investments needed to build on those trends.

We are seeking a visionary leader who has a history of leading and scaling businesses. You will have a proven track record of building innovative solutions to customer problems by leveraging new technologies and customer insights.

We are looking for a leader who will:

Own and drive the Digital Currency strategy for Walmart

Identify customer needs and translate them into product requirements

Partner effectively with the product, technology, and design leaders to deliver results

Commit to a product roadmap and drive the project execution

Identify Crypto related investment and partnerships

Serve as a subject matter expert internally and externally

Basic Qualifications

Bachelor’s Degree
10+ years of experience in product or program management, technology commercialization and/or technology
Experience with the cryptocurrency ecosystem and related technologies
Experience in developing strategy and the execution roadmap

Preferred Qualifications
MBA or equivalent experience
Possess significant functional knowledge of the cryptocurrency ecosystem and players involved
Strong problem-solving skills and creativity to identify new opportunities
Ability to be able to dive into technology discussions and provide product leadership
Have a strong background in technology-based product commercialization
Strong desire and track record of working in fast paced environment
Strong communication skills with the ability to influence across all levels of an organization
Demonstrate strong entrepreneurial mindset with the ability to learn quickly
Proven ability to successfully build strong partnerships with cross-functional teams

Minimum Qualifications…
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Bachelor’s degree in Business, Engineering, or related field and 7 years’ experience in Merger & Acquisitions, Investment Banking, Business Development, or related area.

Preferred Qualifications…
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Leading cross-functional teams, Led post merger management activities involving acquisitions and divestitures, Master’s degree or higher in Business, Engineering, or related field., Project management experience, Supervisory experience leading Corporate Development teams

Primary Location…

702 SW 8TH ST, BENTONVILLE, AR 72716, United States of America

Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.