Toss Bank Accelerates Experienced Hiring, "On Track to Launch Operations by July Next Year"
[Asia Economy Reporter Kim Hyo-jin] Toss Innovation Preparation Corporation (hereinafter Toss Bank), preparing to launch the third internet-only bank "Toss Bank (tentative name)" in July next year, announced on the 17th that it will actively recruit experienced developers in key positions ahead of its official license application early next year.
This recruitment of experienced developers at Toss Bank is being conducted in major development fields such as server developers, front-end developers, system engineers, and devops, and anyone can apply regardless of their development experience or years of service.
Toss Bank obtained a preliminary license last December as the third internet-only bank in Korea. It plans to submit the official license application in January next year, and after the financial authorities' review, if the official license is granted in March, Toss Bank plans to start operations in July next year.
Toss Bank has positioned itself with the vision of being a bank of inclusion and innovation, providing optimal financial services to financially marginalized groups and focusing on low- to medium-credit individual customers and small business owners.
Currently, Toss Bank is equipped with the human and physical infrastructure necessary for the launch of an internet-only bank and is proceeding with preparations without any setbacks. The workforce is organized with key personnel from Viva Republica and those from commercial financial institutions and IT companies who share the dream of financial innovation.
Toss Bank plans to grant stock options worth 100 million KRW to all employees at the time of granting after the start of operations to secure outstanding talent.
A Toss Bank recruitment official said, "Granting stock options worth 100 million KRW to all employees is an unusual move, but it is to secure excellent talent necessary for the initial preparation process of the internet bank," adding, "It will be a meaningful reward that combines stability and growth potential as an IT-based mobile bank in the future."
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The recruitment process will be completed within three weeks from application submission to announcement of successful candidates. Evaluation results for each stage, including document screening, first practical interview, and second cultural interview, will be individually notified within three days. The application deadline is until recruitment is complete, and the number of planned hires is 00.
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