Business Analyst (Islamic Banking)

Synpulse Holding AG; Dubai; On-site; AED 140,000 - 210,000; Full time

Benefits offered by this job

DIFC employment

Medical cover

Relocation support

Job summary

Synpulse is building its Middle East delivery team around Islamic banking and wealth management transformations. We are looking for a Business Analyst who knows how an Islamic bank works, from product structuring to Sharia governance and related operational and accounting treatment.

You will join the Dubai office and work across engagements in Kuwait, Qatar, Saudi Arabia and the UAE, alongside Avaloq and digital banking practices.

Qualifications

• 5–8 years in business analysis roles within Islamic banking or related advisory
• Working knowledge of AAOIFI accounting and Sharia standards and GCC regulator frameworks
• Hands-on experience on core banking or wealth platform implementations (Avaloq, Temenos T24, Transact, iMAL, Oracle FLEXCUBE or Finacle)
• Strong documentation discipline for requirements and test cases
• Comfortable with SQL for validation, data mapping, and reconciliation
• Track record of leading functional streams through UAT and go-live, with direct client stakeholder management
• Fluent English; Arabic is an advantage; willingness to travel within GCC

Responsibilities

• Lead requirement workshops with business, Sharia, risk, finance and operations stakeholders and document outcomes as specifications and user stories
• Translate Islamic product structures into system configuration and data requirements (profit calculation, pool management, purification)
• Map end-to-end client lifecycle for Islamic private banking and asset management (onboarding, suitability, advisory, portfolio management, subscriptions, redemptions, Zakat, reporting)
• Own the functional side of implementation phases: analysis, design, build support, system integration testing, UAT, data migration validation and training
• Produce artefacts: gap analyses, traceability matrices, test scenarios, migration sheets, user guides, sign-off packs
• Coordinate with Sharia boards and internal audit to ensure designs stay within AAOIFI standards
• Support proposals and client presentations with product knowledge and effort estimates
• At Senior Consultant level, run a workstream, coach junior analysts, maintain client relationships
• Be part of Synpulse’s Middle East growth with visibility to clients and partners from day one
• Exposure to greenfield and replacement core banking programmes, not a single module
• Structured development through Synpulse Academy, Avaloq certification, and clear promotion criteria
• Competitive package with DIFC employment, medical cover, and relocation support where applicable

Skills

Business analysis

Sharia knowledge

Documentation

SQL

Stakeholder management

UAT facilitation

Test case development

English fluency

Tools

Avaloq

Temenos T24

Transact

Path Solutions iMAL

Oracle FLEXCUBE

Finacle

Job description

Synpulse is building its Middle East delivery team around a growing book of Islamic banking and wealth management transformations. We are looking for a Business Analyst who knows how an Islamic bank actually works, from product structuring to Sharia governance to the operational and accounting treatment that follows, and who can turn that knowledge into requirements, designs and test cases a technology team can build against.
You will join the Dubai office and work across engagements in Kuwait, Qatar, Saudi Arabia and the UAE, alongside our Avaloq and digital banking practices.

Job requirements

• Five to eight years in business analysis or product roles in an Islamic bank, an Islamic window of a conventional bank, an Islamic investment company, or a consultancy serving them.
• Working knowledge of AAOIFI accounting and Sharia standards and of at least one GCC regulator’s Islamic banking framework (CBUAE, CBK, QCB, SAMA or CMA).
• Hands on experience on at least one core banking or wealth platform implementation. Avaloq, Temenos T24 or Transact, Path Solutions iMAL, Oracle FLEXCUBE and Finacle are all relevant. Avaloq is an advantage.
• Strong documentation discipline: you write requirements and test cases that stand up in UAT and in front of a client’s audit team.
• Comfortable with data: SQL for validation, migration mapping, reconciliation of positions and balances.
• A track record of running a functional stream through UAT and go live, and of managing client stakeholders directly.
• Fluent English. Arabic is an advantage. Willingness to travel within the GCC during workshops and testing phases.

Job responsibilities

• Lead requirement workshops with business, Sharia, risk, finance and operations stakeholders at Islamic banks and investment companies, and document the outcomes as functional specifications, process flows and user stories.
• Translate Islamic product structures (Murabaha, Ijara, Mudaraba, Musharaka, Wakala, Sukuk, Islamic funds and treasury) into system configuration and data requirements, including profit calculation, pool management, late payment treatment and purification.
• Map the end to end client lifecycle for Islamic private banking and asset management: onboarding, suitability, investment advisory, portfolio management, fund subscriptions and redemptions, Zakat and reporting.
• Own the functional side of implementation phases: analysis and design, build support, system integration testing, user acceptance testing, data migration validation and training.
• Produce the artefacts the programme runs on: gap analyses, traceability matrices, test scenarios, migration mapping sheets, user guides and sign off packs.
• Work with Sharia boards and internal Sharia audit to confirm that proposed designs stay within approved structures and AAOIFI standards, and keep a clear record of what was agreed.
• Support proposals and client presentations with product knowledge, demonstrations and effort estimates.
• At Senior Consultant level, run a workstream, coach junior analysts, own the client relationship for your stream and contribute to account growth.
• A seat at the centre of Synpulse’s Middle East growth, in a small team where your work is visible to clients and to partners from day one.
• Exposure to the full lifecycle of greenfield and replacement core banking programmes, not a single module.
• Structured development through the Synpulse Academy, Avaloq certification, and a career advisor model with transparent promotion criteria.
• Competitive package with DIFC employment, medical cover, and relocation support where applicable.