Website Emirates NBD
Emirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across Corporate, Retail, Islamic, Investment, and Private Banking, Global Markets & Treasury, Asset Management and Brokerage operations throughout the region.Emirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across Corporate, Retail, Islamic, Investment, and Private Banking, Global Markets & Treasury, Asset Management and Brokerage operations throughout the region.
Manager – Liquidity Murabaha Desk
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.
To apply for this job please visit fa-evlo-saasfaprod1.fa.ocs.oraclecloud.com.