Moody’s Wants to Get Its Head Around DeFi

Moody’s Investors Service, one of the world’s largest credit-rating companies, is looking to hire crypto analysts to come to grips with “the potential wide-reaching impact of decentralized finance (DeFi) on existing ecosystem,” according to a recent job posting.

Moody’s said the right candidates for the positions, advertised in London and New York, would: “Develop deep understanding and working knowledge of blockchain and crypto-assets, plus DeFi to support research analysis on DeFi, CBDCs, stablecoins, NFTs and other crypto-assets,” referring to central bank digital currencies and non-fungible tokens.

In terms of qualifications, applicants should have an “Intermediate understanding of blockchain and crypto-asset industry, especially DeFi,” according to the ad.

Moody’s Investors Service, the bond credit rating business of Moody’s Corp., is one of the big three credit-ratings companies, along with Standard & Poor’s and Fitch Group. DeFi uses computers to match pools of lenders and borrowers, removing the need for intermediaries and the ecosystem that supports them.

Moody’s had not responded to requests for interviews by the time of publication.

Other crypto-related job postings from Moody’s included a Crypto-asset Analytical Framework Designer, which also mentions DeFi; and Senior Blockchain Analyst, that should have “1-3+ years of practical experience with crypto analysis, building blockchain applications, cryptography, stablecoins and/or DAOs.”

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