Head of Custody

Cyprus | Full-time | On-site

We are seeking a Head of Custody to lead and manage our securities custody operations. You will oversee the full lifecycle of custody services, including safekeeping, corporate actions, tax withholding, cross-market settlements, and regulatory compliance.
This is a high-impact leadership role, requiring deep operational expertise and the ability to drive process improvements, risk controls, and automation.

Key Responsibilities:

• Oversee custody operations, ensuring efficiency, accuracy, and regulatory adherence.
• Lead the corporate actions process (dividends, M&A events, proxy voting, conversions, etc.).
• Manage cross-border settlements, including DVP, RVP, and securities transfers.
• Oversee QI/tax withholding functions and USWT reporting processes.
• Implement SWIFT messaging workflows and SRD2 voting processes.
• Ensure client asset segregation and operational sanctions compliance.
• Lead custody operations team, manage process enhancements, and support regulatory audits.
• Act as a key liaison with internal teams, clients, and counterparties.

Profile:

• 5+ years of leadership experience in custody operations within brokerage, bank, or depository environments.
• Proven expertise in corporate actions, settlements, and cross-border custody across EU, UK, US, APAC markets.
• Hands-on knowledge of QI tax withholding, USWT reporting, and CSD segregation rules.
• Experience in SWIFT, SRD2 workflows, and settlement system automation.
• Strong team leadership, risk control awareness, and stakeholder management skills.
• Fluency in English and Russian; other European languages would be an advantage.

We offer:
1. Work in the modern office in the center of Limassol with Team of open-mind people; 
2. Relocation package included compensation for flight, accommodation 1 month; 
3. VISA sponsorship for employee and family members; 
4. The Company cover 30% of annual cost of Healthy Plan, which employee will decide to set up with any Insurance Company; 
5. 21 working days of paid vacation; 
6. 12 additional days off per year at the expense of the Сompany; 
7. The Employee is annually entitled to days sick leave with pay; 
8. Team building, corporate events, football and volleyball clubs, sports events and challenges; 
9. Competitive salary package including annual bonus.