We are excited to partner with a reputable Financial Services company in Limassol that is seeking a dedicated Settlement Officer for a permanent position. With regulated entities in Cyprus and Europe, our clients provide global payment infrastructure, including virtual IBANs, SEPA/SWIFT transfers, and crypto settlement services. Their Limassol office acts as the core operational hub for Europe. In this role, you will take ownership of daily payment operations, balance reconciliations, and treasury movements across both fiat and crypto rails. You’ll work closely with local finance, compliance, and risk teams to keep daily processing accurate and on schedule.
DUTIES AND RESPONSIBILITIES
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Process and monitor incoming and outgoing payments via SEPA, SWIFT, local rails, and crypto channels (fiat-to-crypto / crypto-to-fiat).
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Perform daily reconciliations across bank accounts, payment gateways, liquidity providers, and crypto wallets using Excel / Google Sheets.
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Investigate and resolve failed transactions, settlement discrepancies, and routing issues in a timely manner.
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Monitor balance levels across multi-currency fiat accounts and crypto wallets to ensure smooth internal transfers and fund availability.
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Work with internal teams (Compliance, Risk, Support) and external partners (banks, PSPs, exchanges) to resolve operational blockers.
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Keep accurate operational logs, flag suspicious activity to Compliance, and prepare daily/weekly reports in line with internal standards and FIA/FIU guidelines.
CANDIDATE PROFILE
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Work Authorization - must possess existing, unrestricted legal authorization to work in Cyprus / EU (no visa sponsorship provided).
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Availability and willingness to work flexible hours / shifts (including potential weekend/evening coverage if required).
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Solid understanding of fiat payment flows (SEPA, SWIFT, local transfers) and cryptocurrency transactions.
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Strong numerical skills and proficiency in MS Excel / Google Sheets (formulas, data analysis, and basic balance reconciliation).
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Excellent written and verbal English communication skills; previous experience in customer support, client service, or back-office operations is a strong plus.
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Trustworthy, highly responsible, and detail-oriented with the ability to work independently and manage multiple tasks under tight deadlines.
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Prior experience in settlements, banking, payment institutions, or crypto operations is considered a distinct advantage.
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Basic understanding of Financial Intelligence, AML guidelines, and compliance standards for payment and crypto flows.
SALARY AND BENEFITS
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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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Benefits package (including medical insurance and other perks), tailored based on candidate experience and interview outcomes.
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Opportunity to grow your career within a rapidly scaling global fintech group.
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Modern, fully equipped office in Limassol with a energetic team culture, regular team events, and plenty of snacks & drinks.
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Collaborative, non-bureaucratic work environment where your impact is visible from day one.
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
Alex Evangelides, alex@grsrecruitment.com quoting the above job reference or call +357 25 3427 21 for further information.