Prepares and organizes the Internal Capital Adequacy Assessment Process of the Group. Prepares and updates the Risk Appetite Framework and implements allocation of risk appetite to business lines. Prepares assessments of financial and capital plans, strategic projects and transactions. Prepares analyses, presentations and reports to senior management as well as executive and board committees. Manages ad-hoc projects of the Risk Management Division partnering with other stakeholders and liaising with external advisors where necessary. Contributes to continuous improvement of key policies, processes and documents related to strategic risk management. Reviews and implements regulatory guidance and recommendations related to Risk Strategy and Enterprise Risk Management. Manages and supports methods, automations and improvements in the strategic risk management process.

What we're looking for

Academic Qualifications Bachelor's degree in quantitative disciplines such as Mathematics, Sciences, Engineering, Finance, or Economics. Master’s degree related to Risk Management or Finance or a professional qualification such as CFA, ACA, ACCA, FRM, PRM, will be considered an advantage. Experience / Technical Skills 3 years of experience in an area related to risk management, risk strategy, or capital management in banking or financial services environment. Working knowledge of finance and risk management concepts, ICAAP and RAF will be considered an advantage. Programming knowledge and data analysis skills (VBA, Python, R, SQL, etc.) highly desirable. Advanced knowledge of Microsoft Office suite especially in Excel. Other Skills Structured and critical thinking with attention to detail. Excellent analytical and problem-solving abilities. Ability to work independently, take initiatives and make decisions. Ability to manage time, multiple tasks, and work under pressure. Excellent teamwork, interpersonal and presentation skills. Excellent verbal and written communication in both Greek & English.

Total Rewards Competitive salary - Up to €40.000 (depending on qualifications and experience) 9% Provident Fund from day one Performance bonus opportunities (discretionary) Preferential financing rates Work–Life Support 28 days annual leave (increases with tenure) Sabbatical/part time options Growth Continuous learning Personal and Professional development programs Recognition for great work Wellbeing Medical & life insurance Wellbeing Program: team‑building, mental‑health, nutrition & financial guidance Employee Assistance Line

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Risk Strategy Advisor (Ref. 1019) - Nicosia

We are looking for a Risk Strategy Advisor to join the Enterprise Risk Management team and assist with management, coordination and preparation of strategic projects and reports of the Risk Management Division.

As a Risk Strategy Advisor, you will also be involved in risk assessments, designing frameworks related to the Group’s Risk Appetite, preparing the Internal Capital Adequacy Assessment Process, and supporting other strategic initiatives of the Bank of Cyprus Group.

More information

- Prepares and organizes the Internal Capital Adequacy Assessment Process of the Group.
- Prepares and updates the Risk Appetite Framework and implements allocation of risk appetite to business lines.
- Prepares assessments of financial and capital plans, strategic projects and transactions.
- Prepares analyses, presentations and reports to senior management as well as executive and board committees.
- Manages ad-hoc projects of the Risk Management Division partnering with other stakeholders and liaising with external advisors where necessary.
- Contributes to continuous improvement of key policies, processes and documents related to strategic risk management.
- Reviews and implements regulatory guidance and recommendations related to Risk Strategy and Enterprise Risk Management.
- Manages and supports methods, automations and improvements in the strategic risk management process.
Academic Qualifications
- Bachelor's degree in quantitative disciplines such as Mathematics, Sciences, Engineering, Finance, or Economics.
- Master’s degree related to Risk Management or Finance or a professional qualification such as CFA, ACA, ACCA, FRM, PRM, will be considered an advantage.
Experience / Technical Skills
- 3 years of experience in an area related to risk management, risk strategy, or capital management in banking or financial services environment.
- Working knowledge of finance and risk management concepts, ICAAP and RAF will be considered an advantage.
- Programming knowledge and data analysis skills (VBA, Python, R, SQL, etc.) highly desirable.
- Advanced knowledge of Microsoft Office suite especially in Excel.
Other Skills
- Structured and critical thinking with attention to detail.
- Excellent analytical and problem-solving abilities.
- Ability to work independently, take initiatives and make decisions.
- Ability to manage time, multiple tasks, and work under pressure.
- Excellent teamwork, interpersonal and presentation skills.
- Excellent verbal and written communication in both Greek & English.
Total Rewards
- Competitive salary - Up to €40.000 (depending on qualifications and experience)
- 9% Provident Fund from day one
- Performance bonus opportunities (discretionary)
- Preferential financing rates
Work–Life Support
- 28 days annual leave (increases with tenure)
- Sabbatical/part time options
Growth
- Continuous learning
- Personal and Professional development programs
- Recognition for great work
Wellbeing
- Medical & life insurance
- Wellbeing Program: team‑building, mental‑health, nutrition & financial guidance
- Employee Assistance Line
Create your account on our recruitment platform and take the first step toward your next adventure!
- Sign in or Create an account in our 'e-recruitment System' and complete your profile
- From the ‘Candidate Profile’ section, click on the following:

Additional Information

Location: Nicosia

Employment Type: Permanent, full time

Apply by: Sunday, 21/06/2026

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Need More Info?

Feel free to reach out to our recruitment team at hr@bankofcyprus.com