Operational Lead – Banking Operations - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:

    Payment Processing

  • Job type:

    Permanent

  • Benefits:

    Attractive remuneration of around 65,000 Euros gross annually based on experience and qualifications.

  • Published:

    21-07-2025

  • Expiry date:

    21-10-2025

  • Reference:

    3644

Our client a Payment Service Provider based in Limassol are looking to recruit a tech-savvy, compliance-conscious, and hands-on Operational Lead to drive and scale their banking operations in a regulated fintech environment.

The successful candidate will be instrumental in building the infrastructure behind the company’s  payment operations, onboarding journeys, and core banking processes. This is a hybrid role that bridges technology, compliance, and cross-border coordination, ensuring smooth internal execution and external scalability.

Reports to: COO and GM UK 
Department: Banking 

Key Responsibilities:

Payments & Operational Infrastructure

  • Constant optimization end-to-end banking and payments flows, including real-time payment processing, reconciliation, and settlements.
  • Oversee the implementation and improvement of core banking and payment platforms - ensuring they're robust, scalable, and compliant.
  • Build process and tech-enabled solutions to support onboarding, KYB, and payment monitoring.
  • Own the back-office operations: transaction monitoring, payment routing logic, internal dashboards, and reconciliation systems.

Onboarding & Back Office Oversight

  • Oversee onboarding flows for clients and partners — ensuring seamless integration between frontend, back-office, and compliance systems.
  • Identify and fix friction points in onboarding journeys for corporate clients and counterparties.
  • Ensure compliance procedures (ex: 6-eye check) are embedded within onboarding tools and tech flows.

Tech & Systems Ownership

  • Work closely with product and tech teams to define and prioritize ops-tech requirements.
  • Lead the evaluation and onboarding of third-party platforms (e.g., core banking, payment gtw, AML/KYB,C tools).
  • Own the configuration, testing, and optimization of operational systems (API integrations with banks or payment providers).

Regulatory & Compliance Integration

  • Coordinate with Compliance to ensure systems and workflows are aligned with regulatory standards.
  • Support changes in control, safeguarding, and audit requirements from an operational tech perspective.
  • Maintain clear documentation of operational controls and technical processes.

Cross-Border Coordination & Team Structuring

  • Act as an operational bridge between the UK and CY entities — ensuring consistency in processes, systems, and team collaboration together with UK GM.
  • Assist in building and scaling internal operational support structures across jurisdictions.
  • Support knowledge transfer, continuity, and training across ops and tech teams.

Liquidity & Treasury Oversight (Operational View)

  • Maintain an operational overview of liquidity flows across banking partners and accounts.
  • Ensure visibility of available funds, settlement cycles, and partner SLAs across systems.
  • Collaborate with the CFO and treasury team to align operations with funding and liquidity planning.

Audit, Risk & Controls

  • Own operational preparation and coordination of internal and external audits (e.g., financial and regulatory audits).
  • Maintain traceable processes and system logs to meet audit and compliance requirements.
  • Implement operational KPIs and exception reporting for audit readiness and internal oversight.

External Partner Management

  • Open and manage technical and operational relationships with banking and payment partners.
  • Ensure operational readiness for go-lives, migrations, and new partner integrations.

Requirements:

  • 8+ years of experience in fintech, banking operations, or payment infrastructure roles.
  • Deep understanding of payment flows, banking integrations, and fintech system architecture.
  • Experience with onboarding platforms, transaction monitoring systems, and back-office automation.
  • Familiarity with regulatory requirements for PIs/EMIs and their tech implementation.
  • Good collaboration skills — able to work with tech, compliance, and business teams.
  • Proven experience managing operational change and introducing scalable technical solutions.

Working hours:  

  • Monday to Friday 9:00 – 17:00

Salary and Benefits:

  • Attractive remuneration of around 65,000 Euros gross annually based on experience and qualifications.
  • Yearly bonus upon performance and at the discretion of Management.
  • Company-sponsored lunches (choice from a menu).
  • EKO petrol Card.

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Operational Lead – Banking Operations with reference number 3644.
Or you can apply directly through your candidate login by hitting the APPLY button.