GRS Recruitment is pleased to present an exciting opportunity for a Middle Office Specialist position based in Limassol, working with a dedicated Financial Services company. The successful candidate will provide independent oversight of trading activity across fixed income and derivatives. The role focuses on trade controls, risk monitoring, reconciliations, P&L verification, and regulatory compliance. We look forward to supporting you in your career journey and connecting you with this reputable organisation.
DUTIES AND RESPONSIBILITIES
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Reconcile trades and investigate discrepancies across OTC transactions.
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Monitor fixed income and derivatives risk, including DV01, duration, VaR, delta, and gamma.
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Monitor position, concentration, and counterparty limits and escalate breaches.
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Track counterparty exposure, margin, and collateral activity.
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Independently verify daily P&L against Front Office valuations.
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Prepare daily risk reports and support risk committee reporting.
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Maintain Middle Office controls in line with MiFID II, EMIR, and CySEC requirements.
CANDIDATE PROFILE
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Degree in Finance, Economics, Mathematics, or related field.
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1–2+ years’ experience within a financial institution.
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Understanding of fixed income and derivatives risk.
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Experience with OTC trade reconciliation and break resolution.
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Advanced Excel and Bloomberg proficiency.
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Knowledge of MiFID II, EMIR, and CySEC.
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Strong English communication skills.
Nice to Have:
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FRM/CFA, Calypso/Murex experience, emerging-market fixed income knowledge, and Russian language skills.
SALARY AND BENEFITS
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€25,000 – €40,000 Gross Per Annum
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Salary will be determined based on experience, qualifications, and skills. The advertised salary range is indicative, any offer will reflect the successful candidate’s suitability.
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21 days annual leave
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5 days sick leave
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Supportive working environment
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Company events and activities
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Visa sponsorship where applicable
Due to the high volume of applications received at GRS Recruitment, only shortlisted candidates will be contacted.
To apply for this position, please email your CV to
Emilios Eracleous, emilios@grsrecruitment.com quoting the above job reference or call +357 25 342 723 for further information.