Banking / Financial Institutions

Cyprus

iSX Financial EU Plc

Finance

Accountants

Banking

ISX Financial EU Plc is a leading financial technology company that provides secure and efficient payment solutions. We are looking for talented individuals to join our team and help us continue to innovate in the fintech industry.As an Electronic Money Institution licensed by the Central Bank of Cyprus, we offer a wide range of financial services, including&nbsp;payments, e-money issuance, and identity verification. Our advanced anti-fraud and anti-money laundering systems ensure the highest level of security for our customers.We are a global company with offices in multiple countries, and our team is committed to delivering exceptional customer service and innovative solutions.&nbsp;Join us and be part of a team that's shaping the future of finance.&nbsp;Role PurposeISX Financial EU PLC is seeking a Treasury Operations Professional to oversee the financial and operational aspects of its card issuing and acquiring business. This role is critical to ensuring compliance with regulatory requirements, and seamless transaction processing across the card ecosystem. The successful candidate will act as a vital link between internal teams, banks, and card networks, contributing to the company’s operational efficiency and growth ambitions.&nbsp;Key ResponsibilitiesCard Issuing Treasury Operations:<ul><li>Monitor and reconcile daily cardholder activities, including funding, settlements, chargebacks, and refunds.</li><li>Manage relationships with payment processors and card schemes (e.g. Mastercard, Diners/Discover, China Union Pay, etc.), ensuring full compliance with settlement requirements.</li><li>Submit required reports to card schemes and regulatory authorities in a timely manner.</li></ul>Card Acquiring Treasury Operations:<ul><li>Oversee daily merchant settlements, ensuring accuracy and timeliness of payouts.</li><li>Monitor and reconciliation of acquiring account balances.</li><li>Reconcile incoming transactions from card schemes with merchant payouts, addressing discrepancies effectively.</li><li>Collaborate with risk and compliance teams to resolve chargebacks, disputes, and fraud-related financial issues.</li></ul>Foreign Exchange (FX) Management:<ul><li>Manage multi-currency receipts from card schemes and oversee accurate conversions into settlement currencies such as EUR.</li><li>Work with banks and FX providers to secure competitive exchange rates for settlements.</li><li>Implement and maintain robust reconciliation processes for multi-currency transactions.</li></ul>Additional Key Responsibilities:<ul><li>Track and reconcile customer funds by currency, identifying and addressing any surplus or deficit.</li><li>Monitor and reconcile transaction activities across the issuing and acquiring networks, including identifying chargebacks, fees, and costs.</li><li>Ensure timely and accurate fulfillment of all regulatory and card scheme financial obligations.</li><li>Establish, monitor, and report on key performance indicators (KPIs) and service level agreements (SLAs).</li><li>Regularly review reconciliations to ensure accuracy and completeness.</li><li>Prepare monthly management reporting packs for business and product team reviews, providing insightful commentary.</li><li>Identify opportunities to enhance ISX Financial EU PLC’s reporting standards, processes, and systems.</li><li>Handle internal and external finance queries related to card issuing and acquiring program management.</li><li>Support the Deputy Head of Treasury Operations on card issuing and acquiring projects and initiatives.</li><li>Assist the finance team in ensuring the timely completion of statutory accounts and year-end audits.</li><li>Responsible for the issuing and acquiring elements of the Monthly Regulatory Reporting (Central Bank of Cyprus Appendix A, Statistical Reporting).</li></ul>Cross-functional Collaboration:<ul><li>Align treasury operations with financial reporting and audit requirements in partnership with the finance team.</li><li>Work with technology teams to optimize payment processing systems and enhance reconciliation automation.</li><li>Contribute to the development of treasury policies and procedures tailored to card issuing and acquiring activities.</li></ul>Risk Management and Compliance:<ul><li>Maintain robust controls to minimize financial and operational risks in treasury operations.</li><li>Ensure adherence to all regulatory and card scheme rules related to card issuing and acquiring.</li></ul>Performance Monitoring and Reporting:<ul><li>Develop and maintain KPIs to measure treasury operations performance in card issuing and acquiring.</li><li>Provide regular reports on settlement performance, liquidity positions, and operational efficiencies.</li><li>Identify and implement workflow improvements to support scalability.</li></ul>Qualifications &amp; SkillsEssential:<ul><li>Professional qualifications such as ACCA, or equivalent.</li><li>A minimum of 4 years proven experience in treasury operations within the card issuing and/or acquiring sector.</li><li>Strong knowledge of card scheme rules, settlement cycles, and operational processes.</li><li>Proficiency in financial reconciliation and treasury management systems.</li><li>Experience managing foreign exchange transactions and mitigating FX risks.</li><li>Excellent analytical and problem-solving skills.</li><li>Strong communication skills, with the ability to build relationships across internal and external stakeholders.</li></ul>Desirable:<ul><li>Experience with payment technology platforms and APIs.</li><li>Familiarity with regulatory frameworks governing card operations (e.g., PSD2 and Central Bank of Cyprus reporting requirements).</li><li>Familiarity with regulatory frameworks governing Electronic Money Issuance</li><li>Advanced Excel skills.</li></ul>Our Values:<ul><li>Customer Focus: Dedicated to delivering exceptional service to all stakeholders.</li><li>Accountability: Takes ownership of outcomes and ensures tasks are completed effectively.</li><li>Responsibility: Adheres to and enforces high standards of regulatory and operational compliance.</li><li>Engagement: Builds strong collaborative relationships to drive excellence.</li></ul>&nbsp;Benefits<ul><li>Private health insurance plan fully sponsored by the company from day one</li><li>21 days of Annual Leave (reaching up to 30 days)</li><li>Birthday leave</li><li>Happy hour every Friday</li><li>Employee Training plans</li><li>Benefits card with exclusive discounts to shops, restaurants, private school etc</li><li>Sports Benefit participation scheme (Platinum Package)</li><li>Employee Referral bonus</li><li>Internal cafeteria with barista, unlimited snacks, fruits, coffee</li><li>Performance Bonus</li><li>Employee wellness application (mental, financial, nutritional)</li><li>Gaming Corner</li></ul>&nbsp;Apply at: <a href="https://onlinerecruitment.exelsyslive.com/?c=F7044C33-424A-4AE9-A9FF-410CE0637EC5&amp;v=2025/000044">https://onlinerecruitment.exelsyslive.com/?c=F7044C33-424A-4AE9-A9FF-410CE0637EC5&amp;v=2025/000044</a>&nbsp;Please note that our company works with recruitment agencies on a pre-approved basis only. A recruitment agency that wishes to submit candidate profiles or resumes for consideration must obtain prior written consent from our HR team.We do not accept unsolicited resumes from recruitment agencies, and we will not be responsible for any fees related to unsolicited CVs.

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