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Job Description

Job Description

Run a Liquidity Murabaha desk in a brokerage environment. Offer placement and investment opportunities to clients using Sharia-compliant structures, while building out the infrastructure and securing counterparties.

Key Responsibilities

Setup:

  • Create the full setup model for the Murabaha desk (End-to-En).
  • Coordinate with Treasury, Sharia Board, IT, Compliance, Legal, and Ops.
  • Oversee onboarding with counterparties and settlement agents.
  • Ensure integration with the bank’s core systems and treasury platforms.

Sales & Execution:

  • Promote interbank and client-side Murabaha liquidity placements.
  • Structure and price transactions within market/credit limits.
  • Offer solutions to manage excess cash, LCR, or short-term placements.
  • Maintain competitive pricing and manage profit margins.
  • -Pitch to high-net-worth clients, corporates, and institutions with surplus funds.
  • Offer competitive short-term investment options via Murabaha placements.

Client Coverage:

  • Engage with corporates, FIs, and government entities for placement deals.
  • Work with AWAI to offer the inhouse Murabaha platform to their clients.
  • Educate clients and internal stakeholders on Sharia-compliant liquidity tools.

Operational Oversight:

  • Ensure correct trade booking, and reporting.
  • Monitor daily P&L, limits, and transaction flows.
  • Provide after-sales support, client reporting and update custodian register on daily basis.

Experience:

  • 9+years in Islamic money markets or brokerage treasury desk.
  • Experience in onboarding clients for structured products preferably institutional clients.
  • Strong Knowledge of Islamic product structuring and brokerage operations.
  • Strong Network of counterparties and treasury contacts a plus.


Job Details

Role Level: Mid-Level Work Type: Full-Time
Country: United Arab Emirates City: Dubai
Company Website: http://www.emiratesnbd.com Job Function: Investment & Treasury
Company Industry/
Sector:
Banking

What We Offer


About the Company

About Emirates NBD Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. As at 30th September 2023, total assets were AED 836 billion, (equivalent to approx. USD 228 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region.Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE’s main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE’s Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.

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