Business Analyst - Islamic Banking

About the role

Synpulse is building its Middle East delivery team around a growing book of Islamic banking and wealth management transformations. It is looking for a Business Analyst who understands how an Islamic bank works, from product structuring to Sharia governance and the operational and accounting treatment that follows, and can turn that knowledge into requirements, designs and test cases for a technology team. You will join the Dubai office and work across engagements in Kuwait, Qatar, Saudi Arabia and the UAE, alongside the Avaloq and digital banking practices.

Key responsibilities

• Lead requirement workshops with business, Sharia, risk, finance and operations stakeholders and document outcomes as functional specifications, process flows and user stories.
• Translate Islamic product structures (Murabaha, Ijara, Mudaraba, Musharaka, Wakala, Sukuk, Islamic funds and treasury) into system configuration and data requirements, including profit calculation, pool management, late payment treatment and purification.
• Map the end-to-end client lifecycle for Islamic private banking and asset management: onboarding, suitability, investment advisory, portfolio management, fund subscriptions and redemptions, Zakat and reporting.
• Own the functional side of implementation: analysis and design, build support, SIT, UAT, data migration validation and training.
• Produce gap analyses, traceability matrices, test scenarios, migration mapping sheets, user guides and sign-off packs.
• Work with Sharia boards and internal Sharia audit to confirm designs stay within approved structures and AAOIFI standards.
• Support proposals and client presentations with product knowledge, demonstrations and effort estimates.
• At Senior Consultant level, run a workstream, coach junior analysts, own the client relationship for the stream and contribute to account growth.

Required profile

• Five to eight years in business analysis or product roles in an Islamic bank, an Islamic window of a conventional bank, an Islamic investment company or a consultancy serving them.
• Working knowledge of AAOIFI accounting and Sharia standards and at least one GCC regulator's Islamic banking framework (CBUAE, CBK, QCB, SAMA or CMA).
• Hands-on experience on at least one core banking or wealth platform implementation; Avaloq is an advantage.
• Strong documentation discipline, with requirements and test cases that stand up in UAT and before a client's audit team.
• Track record of running a functional stream through UAT and go-live, and of managing client stakeholders directly.
• Fluent English; Arabic is an advantage. Willingness to travel within the GCC during workshops and testing.

Required skills

• SQL for validation, migration mapping and reconciliation of positions and balances.
• Core banking platforms: Avaloq, Temenos T24, Transact, Path Solutions iMAL, Oracle FLEXCUBE, Finacle.

What we offer

• A seat at the centre of Synpulse's Middle East growth in a small, visible team.
• Exposure to full lifecycle greenfield and replacement core banking programmes.
• Structured development through the Synpulse Academy, Avaloq certification and a career advisor model with transparent promotion criteria.
• Competitive package with DIFC employment, medical cover and relocation support where applicable.