FINANCE & BANKING / SALARY
NICOSIA, CYPRUS

SALARY SURVEYS

31

UPDATED
April 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

€48,678 EUR

$53,762 USD

Limassol

€47,228 EUR

€19,919 EUR

$22,000 USD

Including "Limassol"

Excluding "Limassol"

Every employed person on the world should know this website.
You can help a lot if you add your survey and tell others about the site.
It is translated into 35 languages.

Average Salary / Finance & Banking / Nicosia, Cyprus

Advertising

Average salary for Finance & Banking / Nicosia, Cyprus is €48,678 EUR per year. The most typical earning is €19,919 EUR. All data are based on 31 salary surveys. Salaries are different between men and women. Men receive an average salary of €53,059 EUR. Women receive a salary of €30,332 EUR.

Based on education, the highest salaries receive people with Bachelors Degree with salary of €57,586 EUR. The second most paid education level is Masters Degree with salary of €44,276 EUR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of €109,016 EUR. Employees with 0-1 Year of experience receive €90,182 EUR.

Levels / Finance & Banking / Nicosia, Cyprus (Gross EUR)

Salary Levels (EUR) per Year	Surveys	[%]
€2,700 EUR - €4,499 EUR	0	n/a
€4,500 EUR - €9,099 EUR	0	n/a
€9,100 EUR - €13,599 EUR	1	100% 3.23%
€13,600 EUR - €18,099 EUR	3	96.77% 9.68%
THE MOST TYPICAL SALARY
€18,100 EUR - €22,599 EUR	4	87.1% 12.9%
€22,600 EUR - €27,199 EUR	4	74.19% 12.9%
€27,200 EUR - €31,699 EUR	4	61.29% 12.9%
€31,700 EUR - €36,199 EUR	2	48.39% 6.45%
€36,200 EUR - €40,699 EUR	1	41.94% 3.23%
€40,700 EUR - €45,299 EUR	4	38.71% 12.9%
€45,300 EUR - €49,799 EUR	0	n/a
€49,800 EUR - €54,299 EUR	0	n/a
€54,300 EUR - €58,899 EUR	1	25.81% 3.23%
€58,900 EUR - €63,399 EUR	1	22.58% 3.23%
€63,400 EUR - €67,899 EUR	0	n/a
€67,900 EUR - €72,399 EUR	0	n/a
€72,400 EUR - €76,999 EUR	1	19.35% 3.23%
€77,000 EUR - €81,499 EUR	0	n/a
€81,500 EUR - €85,999 EUR	1	16.13% 3.23%
€86,000 EUR - €90,499 EUR	0	n/a
€90,500 EUR - €95,099 EUR	0	n/a
€95,100 EUR - €99,599 EUR	0	n/a
€99,600 EUR - €104,099 EUR	0	n/a
€104,100 EUR - €108,699 EUR	0	n/a
€108,700 EUR - €113,199 EUR	0	n/a
€113,200 EUR - €117,699 EUR	0	n/a
€117,700 EUR - €122,199 EUR	1	12.9% 3.23%
€122,200 EUR - €126,799 EUR	2	9.68% 6.45%
€126,800 EUR - €131,299 EUR	0	n/a
€131,300 EUR - €135,799 EUR	0	n/a
HIGH SALARIES
€135,800 EUR - €144,899 EUR	0	n/a
€144,900 EUR - €153,899 EUR	0	n/a
€153,900 EUR - €162,999 EUR	0	n/a
€163,000 EUR - €171,999 EUR	0	n/a
€172,000 EUR - €181,099 EUR	0	n/a
€181,100 EUR - €190,099 EUR	0	n/a
€190,100 EUR - €199,199 EUR	0	n/a
€199,200 EUR - €208,299 EUR	0	n/a
€208,300 EUR - €217,299 EUR	0	n/a
€217,300 EUR - €226,399 EUR	0	n/a
€226,400 EUR - €316,899 EUR	1	3.23% 3.23%

Gender / Finance & Banking / Nicosia, Cyprus (Gross EUR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	25	€53,059 EUR
2	Women	6	€30,332 EUR

Education / Finance & Banking / Nicosia, Cyprus (Gross EUR)

#		Surveys
1	Bachelors Degree	11	€57,586 EUR
2	Masters Degree	19	€44,276 EUR
3	High School	1	€33,682 EUR

Experience / Finance & Banking / Nicosia, Cyprus (Gross EUR)

#		Surveys
1	20+ Years	3	€109,016 EUR
2	0-1 Year	3	€90,182 EUR
3	16-20 Years	3	€57,314 EUR
4	8-12 Years	5	€48,532 EUR
5	12-16 Years	2	€42,737 EUR
6	4-8 Years	6	€34,226 EUR
7	2-4 Years	5	€26,620 EUR
8	1-2 Years	4	€18,199 EUR

Age / Finance & Banking / Nicosia, Cyprus (Gross EUR)

#		Surveys
1	56-60	1	€122,960 EUR
2	46-50	2	€102,044 EUR
3	21-25	5	€63,924 EUR
4	31-35	9	€45,453 EUR
5	36-40	8	€40,745 EUR
6	26-30	6	€21,187 EUR

Work Type / Finance & Banking / Nicosia, Cyprus (Gross EUR)

#		Surveys
1	Self Employed	1	€121,239 EUR
2	Permanent	28	€47,807 EUR
3	Contract	2	€23,994 EUR

Careers / Finance & Banking / Nicosia, Cyprus (Gross EUR)

#		Surveys
1	Finance Manager	6	€125,948 EUR
2	Bank Manager	1	€44,276 EUR
3	Risk Manager	2	€37,395 EUR
4	Stock Broker	2	€37,032 EUR
5	Financial Analyst	3	€34,407 EUR
6	Banks	3	€29,970 EUR
7	Financial Accountant	1	€29,155 EUR
8	Other Finance Career	9	€28,431 EUR
9	Investment Manager	1	€27,616 EUR
10	Fund Manager	1	€24,718 EUR
11	Risk Analyst	1	€17,475 EUR
12	Financial Adviser	1	€12,314 EUR

People's individual salary examples (surveys)

Financial Analyst

Posted 28 September 2022
Key knowledge and tasks

"Check accurcy of investment models to assess pricing."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	4-8 Years	Advanced	€61,100 EUR

Head Of Rto

Posted 13 April 2022
Key knowledge and tasks

"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	€29,500 EUR

Back Office

Posted 13 January 2022
Key knowledge and tasks

"Fund Administration, accounting, ."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	0-1 Year	Intermediate	€21,400 EUR

Analyst

Posted 16 February 2021
Key knowledge and tasks

"Analyse some stuff."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	0-1 Year	n/a	€17,500 EUR

Portfolio Manager

Posted 28 July 2020
Key knowledge and tasks

"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

Business Analyst

Posted 22 March 2020
Key knowledge and tasks

"Business Analysis."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Bachelors Degree	16-20 Years	n/a	€41,800 EUR

Dealer

Posted 10 November 2019
Key knowledge and tasks

"Currency exchange."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	2-4 Years	n/a	€24,700 EUR

Associate Consultant

Posted 24 September 2019
Key knowledge and tasks

"Licensing in Forex Industry."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	1-2 Years	n/a	€17,500 EUR

Customer Acceptance And Monitoring Officer

Posted 17 July 2019
Key knowledge and tasks

"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

Backoffice Officer

Posted 23 June 2019
Key knowledge and tasks

"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

Manager Strategy & Corporate Finance

Posted 30 May 2019
Key knowledge and tasks

"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	€82,800 EUR

Trader Assistant

Posted 31 March 2019
Key knowledge and tasks

"Treasury liquidity management."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	2-4 Years	n/a	€20,600 EUR

Banking Operations Manager

Posted 13 March 2019
Key knowledge and tasks

"Exciting and challenging."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Bachelors Degree	12-16 Years	n/a	€44,300 EUR

Risk Manager

Posted 11 March 2019
Key knowledge and tasks

"Handle the risk, evaluate, and mitigate."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Bachelors Degree	12-16 Years	n/a	€41,200 EUR

Compliance

Posted 17 December 2018
Key knowledge and tasks

"Day to day compliance functions."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	1-2 Years	n/a	€23,300 EUR

Analyst

Posted 09 October 2018
Key knowledge and tasks

"Financial analyst."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	8-12 Years	n/a	€33,600 EUR

Chief Financial Officer

Posted 03 October 2018
Key knowledge and tasks

"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	€123,300 EUR

Brokerage Services

Posted 30 August 2018
Key knowledge and tasks

"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	€44,900 EUR

Risk Manager

Posted 22 August 2018
Key knowledge and tasks

"Assets management."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	High School	8-12 Years	n/a	€33,600 EUR

Settlements

Posted 05 June 2018
Key knowledge and tasks

"Emir, cash outs, free deliveries, Derivatives equities."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	1-2 Years	n/a	€19,800 EUR

Digital Marketing

Posted 16 May 2018
Key knowledge and tasks

"Marketing automation, digital campaigns and customer communication technologies."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Bachelors Degree	4-8 Years	n/a	€37,000 EUR

Trader

Posted 31 July 2017
Key knowledge and tasks

"-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	€29,200 EUR

FINANCE & BANKING / SALARY NICOSIA, CYPRUS

31