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Position Details
Reference No.
Executive Director VAC-19503C
Employment Type
Full Time
Available Positions
Posted On:
Contact Details
StafffMatters Recruitment Specialists
Contact Person
Administration Team
Job Description

Our client is a  CySEC licensed forex broker has branched out.....

An exciting opportunity has become available, they are looking for a professional candidate who has previous experience joining a start-up CIF or has worked within a similar role as an Executive Director for a small FX company. 

In the heart of Limassol with an amazing sea view, they are looking for someone who can bring positive vibes, experience and knowledge to utilise within our team. 

Main Duties and Responsibilities 

Arrange and attend all board meetings of the company and ensure that operational strategic issues are discussed. 

Issue guidance to the Company's executive officers and senior management

Oversea and take into consideration senior management actions and decisions by conducting regular reviews of the effectiveness of the senior management and its internal control systems.

Ensure that all management is aware at all times of all material matters of the company.

Discuss the company's strategy along with the other members of the Company's board of directors.

Assume the appropriate measures for the Company's strategy to be implemented.

Determine, along with the Board of Director's the Company's structure and hierarchy.

Monitoring the Company's capital adequacy

Designing internal operation procedure.

Keeping up to date with the latest local EU legislation, rules and best practice regarding risk management.

Responsible for setting and monitoring the criteria for evaluating third parties offering services to the company.

Forge and maintain relations of trust with shareholders/partners and external authorities

Reviewing/identifying and improving internal processes, ensuring that appropriate systems and internal controls are implemented and maintained. 

Manage the day to day FX operations.


University Degree in Law, Business, Economics or any other relevant field. 

Previous experience of 2-3 years at Director level within a small CIF

Strong experience of building and maintaining strong relationships with external financial regulatory bodies.

Capability and experience of interacting credibly at Board level and with CySEC and other bodies.

Understanding CIF's and the Financial Services Sector

Understand Mifid 2, Senior Managers Regime and GDPR

Holder of the Advanced CySEC Certificate 


Salary from 3000-5000 gross per  + Incentives 

Working days will be from Monday - Friday - 8 hours per day;