Middle Office Specialist – Islamic Finance & Global Markets

Groupe BPCE (Natixis)
full-timeDubai, UAEMid-LevelMid-Level
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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