Head of Banking, Treasury & Payments

On behalf of our client, a well-established international brokerage and financial services group, we are seeking to recruit an experienced Head of Banking, Treasury & Payments to join their growing team in Nicosia.

Operating across multiple international markets, the company provides trading and investment services to a global client base through a regulated and technology-driven environment. As part of its continued expansion, the company is seeking a commercially minded and operationally strong banking and payments professional to lead its banking infrastructure, treasury function, payment ecosystem, and strategic financial partnerships.

The Role

This is a strategic and hands-on leadership position responsible for managing and expanding the company's global banking network, treasury operations, payment infrastructure, and liquidity framework.

The successful candidate will play a key role in establishing and maintaining banking relationships, on-boarding financial partners, optimizing payment flows, managing treasury operations, and supporting the company's international growth strategy.

This role requires a professional who understands the operational realities of a high-volume financial services environment and has direct experience working with banks, payment institutions, EMIs, PSPs, and international payment infrastructure.

Key Responsibilities

Banking Strategy & Relationship Management

• Develop and execute the company's banking and treasury strategy
• Establish, maintain, and expand relationships with banks, EMIs, payment institutions, and financial partners
• Lead on-boarding projects for new banking partners, EMIs, and financial institutions across multiple jurisdictions
• Manage banking reviews, KYC requests, due diligence processes, and ongoing relationship management
• Negotiate banking agreements, transaction fees, settlement arrangements, and service terms
• Build and maintain a diversified and resilient banking infrastructure to support international operations
• Identify and mitigate banking concentration risks

Payments & PSP Management

• Manage and optimize the company's portfolio of PSPs, payment institutions, and alternative payment providers
• Identify, evaluate, onboard, and negotiate commercial agreements with new payment partners
• Improve payment routing, transaction success rates, settlement cycles, and operational efficiency
• Reduce payment processing costs and optimize transfer fee structures
• Monitor provider performance and implement contingency solutions where required
• Support the continuous development and scalability of the company's payment infrastructure

Treasury & Liquidity Management

• Oversee daily treasury operations and multi-currency liquidity management
• Monitor cash positions across banks, EMIs, payment providers, and operational entities
• Develop treasury policies, liquidity frameworks, and funding procedures
• Manage cash flow forecasting and liquidity allocation across multiple jurisdictions
• Support settlement obligations, funding requirements, and operational cash management activities
• Ensure effective management of financial flows across international operations
• Operational Oversight & Controls
• Oversee banking, payment provider, and treasury reconciliations
• Monitor operational risks relating to treasury, banking, and payments
• Ensure robust controls and efficient settlement processes across all payment channels
• Support audit requests and regulatory reviews relating to banking and payment operations

Stakeholder Management

• Collaborate closely with Executive Management, Operations, Finance, Compliance, Risk, and Technology teams
• Coordinate with external auditors, banking partners, payment institutions, EMIs, and financial service providers
• Support international business expansion initiatives and new market launches

Candidate Profile

Essential Requirements

• Minimum 5 years of experience within an online brokerage, trading services, payments, EMI, fintech, or regulated financial services environment
• Direct experience managing banking relationships, payment institutions, EMIs, PSPs, and international payment providers
• Proven experience onboarding banking partners, EMIs, PSPs, or payment institutions
• Strong understanding of international payment flows, settlements, treasury operations, liquidity management, and financial infrastructure
• Experience negotiating banking agreements, commercial terms, and payment provider contracts
• Strong knowledge of multi-currency treasury operations and international cash management
• Experience operating within high-volume international financial services environments
• Excellent analytical, commercial, negotiation, and stakeholder management skills
• Highly Desirable
• Previous experience within an online brokerage, multi-asset brokerage, trading services provider, payments company, EMI, or regulated fintech environment
• Existing network of banking, EMI, and PSP contacts
• Experience supporting international operations across Europe, MENA, LATAM, Africa, or Asia
• Experience building, expanding, or restructuring banking and payment infrastructures
• Strong understanding of client money flows, payment operations, treasury management, and settlement processes
• Experience working within regulated environments such as CySEC, FCA, ASIC, DFSA, or equivalent regulatory frameworks

Benefits

• Competitive monthly salary of up to €4,500 gross depending on experience and qualifications
• 13th Salary
• Performance-based annual bonus
• Opportunity to work within a growing international financial services group
• Professional development and career growth opportunities
• Direct collaboration with senior management and key decision-makers
• Supportive and professional working environment
• Modern offices in Nicosia

Important Note

• This role is focused on banking relationships, payment infrastructure, treasury management, liquidity, and financial operations
• Candidates whose experience is primarily focused on accounting, audit, financial reporting, financial control, FP&A, traditional CFO functions, or general finance management without direct exposure to banking relationships, treasury, payments, EMIs, PSPs, or financial infrastructure management may not be considered