Middle Office Specialist – Islamic Finance & Global Markets

Natixis CIB Dubaï; Dubai; Presencial; AED 240.000 - 360.000; Jornada completa

Descripción de la vacante

Natixis Dubai, part of Natixis Middle East, seeks a Middle Office Specialist for Islamic Finance & Global Markets to manage end-to-end lifecycle, trade validation, and settlements of Sharia-compliant transactions. Based in Dubai, you will coordinate with Front Office, Back Office, and external brokers in a fast-paced environment.

The role requires six-plus years in global markets operations, fluency in English, and a strong automation mindset.

Formación

• Bachelor’s degree in Finance, Economics, Banking, Islamic Jurisprudence, or related discipline.
• Min 6 years of relevant operations experience in global markets (IRS, FX Der, Repo, Structured deposits).
• Hands-on experience with core banking systems such as Murex, Calypso, or Kondor+.
• Nice to have: Python or Alteryx for automated reconciliation workflows. Dataviz tools Power BI or Tableau are a plus.

Responsabilidades

• Serve as the operational bridge between Global Market Sales and Structuring in Dubai for Sharia-compliant trades.
• Coordinate end-to-end lifecycle management and validation of OTC and structured products.
• Perform trade confirmations, settlement, and lifecycle monitoring in line with sharia policy.
• Maintain auditable records, support audits, and drive automation opportunities.

Conocimientos

Islamic product knowledge

Automation mindset

Attention to detail

Collaborative mindset

Educación

Bachelor’s degree

Herramientas

Murex

Calypso

Kondor+

Python

Alteryx

Power BI

Tableau

Descripción del empleo

Middle Office Specialist – Islamic Finance & Global Markets

• CDI
• 22019

Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire & Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks.

Natixis Middle East is focused on:

• Structured finance in our four core sectors, Natixis being one of the leading banks in financing renewable energy.
• Global Markets, Fixed Income, Equities and Commodities.
• Trade Finance Solutions
• Islamic Finance
• Investment Banking, DCM, ECM and M&A
• Coverage

Natixis Middle East region spans 14 countries from Egypt to Turkey, but our main focus is in the GCC countries.

MIDDLE OFFICE SALES– ISLAMIC FINANCE & GLOBAL MARKETS

Name of Staff: TBC

Date of Join: TBC

Entity: Natixis Dubai

Department: Islamic Middle Office

Job Title: MIDDLE OFFICE SPECIALIST – ISLAMIC FINANCE & GLOBAL MARKETS

Corporate Title: VP

Leader Role [optional]: NA

Location: Dubai

Geographic Scope of Activity:

Reporting Line: Functional: Global Markets Middle Office London, Local: GM & Treasury Sales Dubai

This job description will be reviewed periodically to ensure alignment with the evolving needs of the organization. Any updates will reflect changes in responsibilities, strategic objectives, and industry best practices, ensuring the role remains relevant and effectively supports the organization’s goal.

Role Summary

The Middle Office Specialist in Islamic Finance serves as the critical operational bridge between Global Market Sales and Structuring team in Dubai and the operations. This role is responsible for the end-to-end coordination, operational control, trade validation, and lifecycle management of Sharia-compliant global market transactions (OTC and structured products). The successful candidate will ensure that all transactions strictly adhere to the legal and operational guardrails set by the bank, while maintaining pristine transaction management in the systems to comply with sharia policy.

Key Responsibilities

Operational Duties / Business-as-Usual (BAU)

• Commodity Murabaha (Tawarruq) Coordination: This is the key aspect of the role: work directly with commodity brokers on trade orders when payoff dates kick in and ensure that they are dully executed in line with our Islamic finance policy.
• Trade Booking Validation: Verify complex Islamic structured products, ensuring the correct mapping of "shadow" conventional risk tickets to their corresponding Islamic term-specific wrappers.
• Trade confirmation: drafting and issuance of execution of the relevant trade confirmations including but not limited to Designated Future Transactions (DFT) confirmations, Undertakings or transaction schedules to generate. Control and validate with external counterparts.
• Settlement & Post-Trade Lifecycle Monitoring: Control with operational teams that all cash flows are settled and pursuant to commodities trades, promises or certificate transfers.
• Reconciliations: Reconcile daily cash and securities balances as well conventional legs with Murabaha transactions. Revert timely to any specific audit request to check sharia conformity for the transactions. Maintain an auditable track record of bookings, confirmations and legal documents collected during the Islamic deal lifecycle.
• Knowledge maintenance: Every time a new Sharia-compliant structured product is validated internally, immediately draft and integrate its bespoke end-to-end operational booking and settlement workflow. Document and maintain the Service Level Agreement with bank internal clients and customers for all key operational BAU processes and pinpoint all exceptions for client and/or products.

Liaison and Risk Management

• Assist Structuring team for external Sharia auditors and internal compliance.
• Responsible for record-keeping of all Islamic operational aspects. Auditable and accessible records must be well kept for any ad-hoc or recurring request.
• Lead System Integration Testing (SIT) and User Acceptance Testing (UAT) for new system modules, system upgrades, or bespoke Islamic fintech wrappers.

Qualifications and Education Requirements

• Bachelor’s degree in Finance, Economics, Banking, Islamic Jurisprudence, or related discipline.
• Min 6 years of relevant experience in operations specifically on global markets activities (IRS, FX Der, Repo, Structured deposits).
• Hands-on experience with core banking systems such as Murex, Calypso, or Kondor+.
• Nice to have: Proficiency in Python or Alteryx for developing automated reconciliation workflows. Dataviz tool experience (Power BI, Tableau) is also a plus.

Skills and Competencies

• Islamic Product Knowledge: Proficient operational understanding of Murabaha, Wa'ad, etc.
• Comfortable to explain specificities of popular Islamic products (PRS, Islamic CCS, etc.) and/or key player markets (UAE, Saudi Arabia, Qatar, Indonesia, Malaysia).
• Native or professional-grade fluency in English is mandatory. Conversational or business-level Arabic is a strong advantage.
• Automation Mindset: Proactively identify opportunities for automation within daily processes to improve efficiency and reduce manual errors.
• Meticulous Attention to Detail: Essential for managing multi-step timestamped execution.
• Collaborative Mindset: Capable of working effectively in a fast-paced environment across Front Office traders, Back Office settlement, and external commodity brokers.