High pay and responsibility make this role highly coveted. Recruiters say the recruitment drive for chief of staff indicates market maturity.
Make six figures, run a business strategy and meet with crypto CEOs.
If that sounds like your cup of tea, you might be perfect for the chief of staff role — and right now, there's a hiring spree for the job.
The US's largest publicly listed exchange, Coinbase, is one of multiple crypto companies that have recently advertised for a chief of staff.
Crypto industry recruiter Sam Wellalage says the role has become more popular as crypto companies mature and strengthen their management teams.
The chief of staff hiring spree comes amid a recruitment drive in the crypto industry, with the sector advertising more than 1,200 roles in recent months.
They are hired for everything from meme and content creators to legal and compliance roles.
Successful chief of staff applicants will surpass them all.
Crypto 'Swiss Army Knife'
The chief of staff's primary duty is to free up the CEO to do CEO stuff, such as being the public face of the brand, Vella said.
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Some businesses, especially those in their early stages, act as glorified personal assistants who hire their staff, run the diary and even fetch the coffee.
As crypto companies mature, this role will resemble that of traditional businesses – a linchpin of business strategy.
Coinbase's announcement, for example, calls for anyone to “act as a Swiss army knife to solve any problem.”
In addition, they should prepare CEO Brian Armstrong for key engagements, act as his stand-in if necessary, and resolve issues before they reach him.
The salary is high as it should be for a demanding strategic role. Coinbase's announcement gave a range of $206,000 to $242,500.
Applications for the Coinbase role are now closed.
Who is hiring?
But fear not – at least 15 Other institutions Many people are also looking to fill this role Recruitment platforms And LinkedIn.
These include Ondo Finance, a cross-chain decentralized finance platform for tokenization.
Ondo's Chief of Staff will work closely with and report to CEO Nathan Allman.
They make key management decisions while leading special projects and bridge the gap between various internal teams, says Josh Craven, Ondo's talent acquisition leader. News.
Be warned, though: the competition for this role is fierce. With hundreds of applications, Craven said Ondo saw “incredible interest” in the job.
The successful candidate should combine a strong background in traditional finance with a genuine enthusiasm for blockchain tech and knowledge of the crypto landscape, he said.
The ideal candidate should be a self-starter who “doesn't need hand-holding,” says Craven.
The role is new for Ondo, who has been hiring multiple executives.
Craven said this is a sign of the evolution of the industry.
“It's definitely a maturing industry, although it depends a lot on the organization,” Craven said.
Ondo's team has the advantage of experienced executives, which most startups lack, he added.
These businesses “may not be able to justify the cost, or they may not understand the value of hiring an experienced chief of staff to a growing organization.”
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