Head Islamic Trading
1 month ago
Posted by
- Mark Hibbs- International Recruiter & Executive Search I am seeking a seasoned and strategic Head of Trading to lead and enhance the bank’s Sharia-compliant trading operations. This role is integral to establishing and growing the bank’s presence in inter-bank markets, managing daily FX flows and cross asset (FX, Profit Rates and Credit) derivative activity, ensuring compliance with Islamic principles.
As the Head of Trading, you will manage a team of dealers and act as the primary inter-bank market interface. You’ll work closely with both the Sales Desk to drive customer business and balance sheet & asset management desk to support Sukuk related flows and the pro-active management of funding. This role demands an in-depth understanding of Sharia-compliant financial instruments, specifically within the Gulf region, and requires someone with proven experience in Islamic banking.
**Key Responsibilities**:
- Establish and oversee the bank’s Sharia-compliant trading operations across asset classes.
- Serve as the bank’s liaison to the inter-bank market, managing market transactions and FX flows.
- Implement and manage credit-focused trading strategies.
- Ensure compliance with Islamic banking standards across all trading activities.
- Collaborate with the broader Treasury team to optimise trading strategies in alignment with the bank’s financial goals.
**Key Product Offerings**:
- Sharia-compliant FX and profit rates
- Credit-focused products within Islamic banking frameworks
- Collateralised Murabaha and Reverse Collateralised Murabaha (Repo & Reverse Repo) funding.
**Key Requirements**:
- Strong experience in Gulf region markets, particularly in UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, or Oman.
- Proven expertise in Sharia-compliant trading and strong credit trading experience.
- Deep knowledge of FX and credit products within an Islamic banking context.
- Ability to lead a trading team in line with Sharia principles and the bank’s strategic goals.
Job ID IslamicTrading
- ABOUT COMPANY
- Butler Rose ltd
- London, United Kingdom
HR & Recruitment
Backed by private equity & majority-owned by nGAGE, a global leader in talent solutions, Butler Rose excels in addressing talent management challenges...
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