Ripple in push for Europe with new job role


  • Ripple, which is currently embroiled in a series of allegations about its securities offering, is now hiring a managing director to work in the European market and to report to the London office.
  • The successful candidate will be expected to work on stakeholder and partnership management – and the firm is looking for someone with over a decade of experience.
  • The new staff member will also be asked to run a “strategic receiver program” – in return for a strong package of benefits.

Embattled international money transfers service provider Ripple has announced a new job vacancy covering the major European market.

Ripple said that it is looking to hire a managing director to be based in Europe and to focus on the expansion of RippleNet, which is its blockchain-powered service for financial institutions.

RippleNet offers services such as on-demand liquidity designed to improve the speed and efficiency of a client’s payments offer to its users.

The job advertisement appears to be based in London – in a sign that financial technology companies are not necessarily vacating Britain in the aftermath of Brexit.

The successful candidate will report to the general manager of the RippleNet platform, the company said in a job post online.

In the advert, the firm went into more depth about what its strategic goals for its presence in the region are – and how the new staff member can help.

“Ripple is sharpening its focus on the dynamic payments landscape across Europe,” it said, before going on to explain that the role would require “an extremely high level of autonomy”.

Its requirements for the successful office holder are strict.

The company is asking for an individual with “15+ years experience in-market”, specifying that experience with “high-growth” technology companies or other financial services firms would be required.

A key part of the job role appears to be partnership and stakeholder management.

The successful candidate will need to “manage strategic partners in the region by proactively monitoring performance, developing improvement plans and ensuring strong executive relationships,” it said.

They will also be required to “develop and manage a strategic receiver program that optimizes for best in class user experience, commercial pricing and quality”.

The posting of this advertisement comes during a difficult period for Ripple.

The firm itself, plus two of its senior leadership figures, have been told that they face charges from an American regulator.

The charges relate to allegations that the firm sold XRP, its digital currency, in a way that contravened securities laws.

However, the firm’s job advertisement did not refer to these worries at all.

Instead, it focused on the wide variety of benefits that it offers to its staff.

It said that it offers a “learning environment where you can dive deep into the latest technologies and make an impact”.

It also provides a “competitive salary and equity”, plus insurance benefits.

Ripple is one of many cutting-edge companies working in the online money transfer market – more information about these firms is just a click away over at our reviews section.

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