Head of Funding - Cyprus

XS is a licensed and fast-growing multi-asset CFD broker. We are looking for a Head of Funding to join our team of experts in Cyprus, Limassol.

XS has received numerous awards, including "Best Multi-Asset Broker - LATAM" at the UF Awards LATAM 2024 in Mexico, "Safest Broker" at the Oman Summit Smart Vision 2024 in Oman, and "Global Broker of the Year" at the Traders Fair Awards 2023 in Vietnam.

At XS, we are committed to maintaining a positive, collaborative, and friendly work environment while building a solid team of high-level professionals. Join us in shaping the future of XS and unleash your potential in an environment that values diversity, growth, and excellence.

Responsibilities:

• Lead and manage the end-to-end funding operations, including client deposits, withdrawals, and internal transfers
• Develop and implement funding strategies to optimize transaction success rates, processing times, and cost efficiency
• Oversee relationships with PSPs, banks, and alternative payment methods to ensure smooth operations and service quality
• Monitor daily funding activities, ensuring timely execution and adherence to internal policies and regulatory requirements
• Establish and enforce controls to mitigate risks related to fraud, chargebacks, and payment failures
• Ensure accurate reconciliation of client funds across trading platforms, payment systems, and bank accounts
• Collaborate with Finance, Compliance, Risk, and IT teams to align funding processes with business and regulatory requirements
• Analyze funding performance metrics and prepare reports for senior management, identifying trends and improvement opportunities
• Ensure compliance with global regulatory standards, including AML, KYC, and payment regulations
• Handle escalations related to payment issues, ensuring prompt and effective resolution
• Optimize client payment experience by introducing innovative and region-specific payment solutions
• Develop and maintain internal procedures, policies, and operational manuals related to funding operations
• Manage, mentor, and develop the funding team to ensure high performance and continuous improvement

Requirements

• Bachelor’s degree in Finance, Economics, Business, or a related field (preferred but not mandatory)
• Minimum 3 years of experience in payments, funding, treasury, or financial operations within fintech/forex
• Previous experience in a managerial or leadership role
• Strong knowledge of payment ecosystems, including PSPs, banking systems, card acquiring, SEPA, and international transfers
• Solid understanding of reconciliation processes, transaction monitoring, and financial controls
• Good knowledge of AML/KYC requirements and regulatory frameworks
• Experience working with multiple currencies and international payment flows
• Fluency in English (written and verbal); additional languages will be considered an advantage
• Advanced computer literacy, particularly in Microsoft Excel and other financial systems
• Strong analytical, problem-solving, and decision-making skills
• Ability to work under pressure and manage tight deadlines in a fast-paced environment
• Excellent organizational, communication, and leadership skills
• High level of attention to detail and accuracy

Our Offer:

• Work within a global and fast-growing organization.
• Friendly, supportive, positive, and professional team of experts.
• Multicultural and diverse environment.
• One of the best global medical insurance companies, from day one (family members included).
• Dental and optical Insurance.
• Allowances for special celebrations. 
  
• Annual leave: 21 days.
• Corporate events.

If you have passion for Funding and are eager to contribute to a dynamic team, don't hesitate to apply today! We're excited to review your application.

XS is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Note: We wish to thank all applicants for their interest, however, due to the high number of applications, only shortlisted candidates will be contacted.