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FINANCE & BANKING / SALARY
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SALARY SURVEYS
31 |
UPDATED September 2024 About salary data? |
CALCULATE YOUR OPTIMUM SALARY!
(based on your career and experience) |
| AVERAGE SALARY / YEAR | MOST TYPICAL SALARY / YEAR |
Gross income
Net (after tax)
0.91 EUR = 1 USD |
||
€48,791 EUR$53,762 USDLimassol €47,337 EUR |
€19,965 EUR$22,000 USDIncluding "Limassol" Excluding "Limassol" |
Average salary for Finance & Banking / Nicosia, Cyprus is €48,791 EUR per year. The most typical earning is €19,965 EUR. All data are based on 31 salary surveys. Salaries are different between men and women. Men receive an average salary of €53,181 EUR. Women receive a salary of €30,402 EUR.
Based on education, the highest salaries receive people with Bachelors Degree with salary of €57,719 EUR. The second most paid education level is Masters Degree with salary of €44,378 EUR.
Different experiences affect earning as well. People with 20+ Years of experience receive salary of €109,267 EUR. Employees with 0-1 Year of experience receive €90,390 EUR.
| Salary Levels (EUR) per Year | Surveys | [%] |
|---|---|---|
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€2,700 EUR -
€4,499 EUR
|
0 |
n/a
|
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€4,500 EUR -
€9,099 EUR
|
0 |
n/a
|
|
€9,100 EUR -
€13,599 EUR
|
1 |
100%
3.23% |
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€13,600 EUR -
€18,099 EUR
|
3 |
96.77%
9.68% |
| THE MOST TYPICAL SALARY | ||
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€18,200 EUR -
€22,699 EUR
|
4 |
87.1%
12.9% |
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€22,700 EUR -
€27,199 EUR
|
4 |
74.19%
12.9% |
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€27,200 EUR -
€31,799 EUR
|
4 |
61.29%
12.9% |
|
€31,800 EUR -
€36,299 EUR
|
2 |
48.39%
6.45% |
|
€36,300 EUR -
€40,799 EUR
|
1 |
41.94%
3.23% |
|
€40,800 EUR -
€45,399 EUR
|
4 |
38.71%
12.9% |
|
€45,400 EUR -
€49,899 EUR
|
0 |
n/a
|
|
€49,900 EUR -
€54,499 EUR
|
0 |
n/a
|
|
€54,500 EUR -
€58,999 EUR
|
1 |
25.81%
3.23% |
|
€59,000 EUR -
€63,499 EUR
|
1 |
22.58%
3.23% |
|
€63,500 EUR -
€68,099 EUR
|
0 |
n/a
|
|
€68,100 EUR -
€72,599 EUR
|
0 |
n/a
|
|
€72,600 EUR -
€77,099 EUR
|
1 |
19.35%
3.23% |
|
€77,100 EUR -
€81,699 EUR
|
0 |
n/a
|
|
€81,700 EUR -
€86,199 EUR
|
1 |
16.13%
3.23% |
|
€86,200 EUR -
€90,799 EUR
|
0 |
n/a
|
|
€90,800 EUR -
€95,299 EUR
|
0 |
n/a
|
|
€95,300 EUR -
€99,799 EUR
|
0 |
n/a
|
|
€99,800 EUR -
€104,399 EUR
|
0 |
n/a
|
|
€104,400 EUR -
€108,899 EUR
|
0 |
n/a
|
|
€108,900 EUR -
€113,399 EUR
|
0 |
n/a
|
|
€113,400 EUR -
€117,999 EUR
|
0 |
n/a
|
|
€118,000 EUR -
€122,499 EUR
|
1 |
12.9%
3.23% |
|
€122,500 EUR -
€127,099 EUR
|
2 |
9.68%
6.45% |
|
€127,100 EUR -
€131,599 EUR
|
0 |
n/a
|
|
€131,600 EUR -
€136,099 EUR
|
0 |
n/a
|
| HIGH SALARIES | ||
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€136,100 EUR -
€145,199 EUR
|
0 |
n/a
|
|
€145,200 EUR -
€154,299 EUR
|
0 |
n/a
|
|
€154,300 EUR -
€163,399 EUR
|
0 |
n/a
|
|
€163,400 EUR -
€172,399 EUR
|
0 |
n/a
|
|
€172,400 EUR -
€181,499 EUR
|
0 |
n/a
|
|
€181,500 EUR -
€190,599 EUR
|
0 |
n/a
|
|
€190,600 EUR -
€199,699 EUR
|
0 |
n/a
|
|
€199,700 EUR -
€208,699 EUR
|
0 |
n/a
|
|
€208,700 EUR -
€217,799 EUR
|
0 |
n/a
|
|
€217,800 EUR -
€226,899 EUR
|
0 |
n/a
|
|
€226,900 EUR -
€317,599 EUR
|
1 |
3.23%
3.23% |
| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | Bachelors Degree | 11 | €57,719 EUR |
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| 2 | Masters Degree | 19 | €44,378 EUR |
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| 3 | High School | 1 | €33,760 EUR |
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| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | 20+ Years | 3 | €109,267 EUR |
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| 2 | 0-1 Year | 3 | €90,390 EUR |
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| 3 | 16-20 Years | 3 | €57,447 EUR |
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| 4 | 8-12 Years | 5 | €48,644 EUR |
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| 5 | 12-16 Years | 2 | €42,835 EUR |
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| 6 | 4-8 Years | 6 | €34,305 EUR |
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| 7 | 2-4 Years | 5 | €26,681 EUR |
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| 8 | 1-2 Years | 4 | €18,241 EUR |
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| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | Self Employed | 1 | €121,519 EUR |
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| 2 | Permanent | 28 | €47,918 EUR |
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| 3 | Contract | 2 | €24,049 EUR |
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| # | Surveys | AVERAGE SALARY / YEAR | ||
|---|---|---|---|---|
| 1 | Finance Manager | 6 | €126,238 EUR |
|
| 2 | Bank Manager | 1 | €44,378 EUR |
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| 3 | Risk Manager | 2 | €37,481 EUR |
|
| 4 | Stock Broker | 2 | €37,118 EUR |
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| 5 | Financial Analyst | 3 | €34,486 EUR |
|
| 6 | Banks | 3 | €30,039 EUR |
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| 7 | Financial Accountant | 1 | €29,222 EUR |
|
| 8 | Other Finance Career | 9 | €28,496 EUR |
|
| 9 | Investment Manager | 1 | €27,679 EUR |
|
| 10 | Fund Manager | 1 | €24,775 EUR |
|
| 11 | Risk Analyst | 1 | €17,515 EUR |
|
| 12 | Financial Adviser | 1 | €12,342 EUR |
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What I do?
"Check accurcy of investment models to assess pricing."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 4-8 Years | Advanced | €61,200 EUR |
What I do?
"Ensuring client orders are received and executed appropriately Report to the Board Prepare and submit reports for the regulator Prepare client reports."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 2-4 Years | Expert | €29,600 EUR |
What I do?
"Fund Administration, accounting,."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 0-1 Year | Intermediate | €21,500 EUR |
What I do?
"Analyse some stuff."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 0-1 Year | n/a | €17,500 EUR |
What I do?
"CySEC Advanced Certificate Approved by CySEC Portfolio Manager."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Bachelors Degree | 8-12 Years | n/a | €27,600 EUR |
What I do?
"Business Analysis."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Bachelors Degree | 16-20 Years | n/a | €41,900 EUR |
What I do?
"Currency exchange."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 2-4 Years | n/a | €24,800 EUR |
What I do?
"Licensing in Forex Industry."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 1-2 Years | n/a | €17,500 EUR |
What I do?
"Monitor transactions against AML and Bank's procedures Review customer's accounts Investigations and research."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 4-8 Years | n/a | €14,400 EUR |
What I do?
"Kyc docs, withdrawal process, client approval, reconciliations."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Bachelors Degree | 4-8 Years | n/a | €22,100 EUR |
What I do?
"Responsible for Bank's Strategy / Business Plans and for M&A transactions."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 20+ Years | n/a | €83,000 EUR |
What I do?
"Treasury liquidity management."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 2-4 Years | n/a | €20,600 EUR |
What I do?
"Exciting and challenging."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Bachelors Degree | 12-16 Years | n/a | €44,400 EUR |
What I do?
"Handle the risk, evaluate, and mitigate."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Bachelors Degree | 12-16 Years | n/a | €41,300 EUR |
What I do?
"Day to day compliance functions."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 1-2 Years | n/a | €23,400 EUR |
What I do?
"Financial analyst."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 8-12 Years | n/a | €33,700 EUR |
What I do?
"Investment appraisal & evaluation process Strategy deployment Reporting to BOD."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 8-12 Years | n/a | €123,600 EUR |
What I do?
"Brokerage services, receive and transmission of orders for best execution on bonds, stocks."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 4-8 Years | n/a | €45,000 EUR |
What I do?
"Assets management."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | High School | 8-12 Years | n/a | €33,700 EUR |
What I do?
"Emir, cash outs, free deliveries, Derivatives equities."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Masters Degree | 1-2 Years | n/a | €19,900 EUR |
What I do?
"Marketing automation, digital campaigns and customer communication technologies."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Bachelors Degree | 4-8 Years | n/a | €37,100 EUR |
What I do?
"-Managing the company's risk exposure/position and executing trades for its several books at various counter parties accounts using different platform for each. -Guiding clients through the market’s situation using fundamental, technical, and sentimental analysis and alerting them to upcoming economic events. -Executing clients’ orders for currencies, commodities, CFDs, Metals, Futures & Equities. -Recording client complaints and resolving them personally if necessary. -Executing the settlement/delivery process on all CFD instruments. -Reviewing clients’ portfolios and positions on a daily basis. -Monitoring client account margin and liquidation levels and informing them."
| City | Education | Experience | Knowledge | Gross salary / year |
| Nicosia, Cyprus | Bachelors Degree | 2-4 Years | n/a | €29,300 EUR |
