Facebook is continuing to expand its blockchain team with a new job posting for a Director of its Payment Partnerships team. The hire will be responsible for bringing in new partners and investors to further the company's blockchain projects, as well as working with current partners.
Whoever heads the team could have a role in shaping Facebook's relationships with regulators as well as its business partners, since the team is focused on negotiating partnerships for Facebook. The posting said this requires bridging product and engineering with legal, policy, sales and markets.
The role could also entail some work surrounding regulation in different jurisdictions, since the responsibilities include working with the policy team to "educate policymakers in each region where needed on new product efforts."
Facebook has reportedly been in talks with regulators about its upcoming coin, Libra, with some policymakers responding more positively than others. The company is also still seeking to expand the members of the Libra Association from its founding cohort to reach the planned 100 nodes.
While the payment partnerships director could have a hand in these developments, the posting lists consumer use case as a primary focus, meaning the director would develop partnerships focused on benefiting the consumer.