Middle Office Specialist – Islamic Finance & Global Markets

Deen; Dubai; On-site; AED 180,000 - 260,000; Full time

Job summary

Natixis in Dubai seeks a seasoned Middle Office Specialist to support Islamic Finance desk operations, bridging Global Market Sales and Structuring with middle/back-office teams. You will ensure compliant handling of Sharia-compliant trades and maintain robust audit trails.

You will work with IRS, FX derivatives, and structured deposits, using Murex/Calypso/Kondor+ and BI tools. Fluency in English is required; Arabic is advantageous for cross-team interactions.

Qualifications

• Bachelor's degree in Finance, Economics, Banking, Islamic Jurisprudence, or related field.
• Minimum 6 years of experience in global markets operations.
• Hands-on exposure to IRS, FX derivatives, Repo, and structured deposits.
• Proficiency with core banking/front-to-back systems (Murex, Calypso, Kondor+).
• Knowledge of Islamic products including Murabaha and Wa'ad; English fluency; Arabic helpful.

Responsibilities

• Coordinate and execute Islamic trade settlements with brokers per policy.
• Validate trade bookings for complex Islamic products; map shadow risk tickets.
• Draft and issue trade confirmations including DFt; maintain audit trails.
• Control cash flow settlements and post-trade reconciliation.
• Perform daily cash and securities balance verification.
• Document workflows for new Sharia-compliant products.
• Liaise between structuring, Sharia auditors, and compliance officers.
• Lead system testing for new product launches.

Skills

Python

Alteryx

Power BI

Tableau

Attention to detail

Communication skills

Education

Bachelor's degree in Finance, Economics, Banking, Islamic Jurisprudence, or related field

Tools

Murex

Calypso

Kondor+

Job description

Natixis, a leading global investment bank and subsidiary of Groupe BPCE, is seeking a Middle Office Specialist to support its dedicated Islamic Finance desk in Dubai. This permanent, full-time role serves as the operational bridge between Global Market Sales and Structuring teams and middle/back-office functions, ensuring compliant and seamless handling of Sharia-compliant financial transactions.

Key Responsibilities:

• Coordinate and execute Commodity Murabaha trades with commodity brokers, ensuring alignment with the firm's Islamic finance policy
• Validate trade bookings for complex Islamic structured products and map shadow conventional risk tickets
• Draft and issue trade confirmations, including Designated Future Transactions (DFT)
• Control cash flow settlements and reconcile balances post-trade with full audit trail maintenance
• Perform daily cash and securities balance verification
• Document operational workflows and procedures for new Sharia-compliant products
• Liaise between structuring team, Sharia auditors, and compliance officers
• Lead system testing initiatives for new product launches

Required Qualifications:

• Bachelor's degree in Finance, Economics, Banking, Islamic Jurisprudence, or related field
• Minimum 6 years of experience in global markets operations
• Hands-on exposure to IRS, FX derivatives, Repo, and structured deposits
• Demonstrated proficiency with core banking and front-to-back systems (Murex, Calypso, or Kondor+)
• Working knowledge of Islamic financial products including Murabaha and Wa'ad
• Native or professional-level English fluency; business-level Arabic is advantageous

Preferred Skills:

• Proficiency in Python or Alteryx
• Experience with data visualization tools (Power BI, Tableau)
• Meticulous attention to detail and automation mindset
• Strong collaborative and communication skills

Location: Dubai, UAE