Limassol, Cyprus | Full-time | OfficeAn international brokerage firm is seeking a highly skilled Head of Custody to lead and optimize their securities custody operations in Cyprus. This is a senior leadership role ideal for an experienced custody operations professional who thrives in a fast-paced, regulated environment and has a track record of building high-performing teams and scalable processes across global markets.
Key Responsibilities:- Lead end-to-end custody operations, ensuring full compliance with regulatory frameworks and internal risk controls.
- Manage the lifecycle of corporate actions, including dividends, mergers, conversions, proxy voting, etc.
- Oversee global settlement processes (DVP/RVP), cross-market securities transfers, and reconciliation.
- Supervise QI/tax withholding functions and USWT reporting, ensuring alignment with international standards.
- Drive automation initiatives including SWIFT message handling and SRD2 (Shareholder Rights Directive) processes.
- Ensure client asset segregation and full compliance with sanctions and CSD requirements.
- Lead, mentor, and expand the custody operations team; contribute to cross-departmental projects.
- Act as the key operational liaison for clients, counterparties, internal stakeholders, and auditors.
Candidate Profile:- 5+ years of leadership experience in custody operations, ideally within a brokerage, custodian bank, or financial depository.
- Expertise in corporate actions, settlements, cross-border custody across EU, UK, US, and APAC markets.
- Strong working knowledge of QI tax withholding, USWT, SWIFT standards, and SRD2 compliance.
- Proven track record in process automation, internal controls, and risk management.
- Fluent in English and Russian (additional EU languages are a plus).
- Excellent stakeholder management and people leadership skills.
What’s Offered:- Competitive salary + annual bonus
- Relocation package (flight + 1-month accommodation)
- VISA sponsorship for employee and family
- Health plan subsidy (30% of private insurance plan covered)
- 21 working days of paid vacation + 12 additional paid days off
- Paid sick leave
- Modern, centrally located office in Limassol
- Access to team events, sports activities, and internal development programs