Compliance Onboarding Specialist

About IFX Payments

We're an award-winning global provider of foreign exchange and payment solutions. At IFX, our mission is to become the number one service-led alternative banking partner in EMEA for corporates and Financial Institutions that add value beyond the transaction. We have one guiding principle: to Win. Properly.

Overview of the role

As the EDD/KYC Specialist you will support the IFX business predominantly the Onboarding team servicing mainly corporate clients.

You will work directly with the Due Diligence Manager and Sales/Client Relationship managers that are responsible for the client relationships to complete client KYC adoptions and reviews, ensuring strict adherence to IFX KYC policy and procedures & Anti-Money Laundering (AML) Compliance requirements.

This particular role will be focus on the onboarding of new clients which will involve CDD and EDD checks, including PEP, sanctions and adverse media screening, ownership structure, risk assessments, and occasional compliance audits with clients. 

Responsibilities 

• Conduct in-depth due diligence reviews for high-risk clients, particularly Payment Service Providers and other financial institutions, in line with regulatory and internal compliance standards.
• Reviewing and carrying out PEP, Sanction and Adverse Media checks as necessary, ensuring ongoing checks are completed in a timely fashion and any false positives are recorded and escalated as required
• Analyse corporate structures, ownership hierarchies, licensing, transactional behaviour, and geographic risk exposure to assess financial crime risks.
• Prepare comprehensive EDD reports with clear risk assessments and recommendations, supporting onboarding and ongoing monitoring decisions.
• Liaise with internal stakeholders including compliance, legal, and relationship management teams to ensure accurate risk classification.
• Understanding of High Risk industries onboarding and the risk associated with them
• Supporting the Due Diligence Manager in presentation of clients in relevant internal committees
• Conducting event driven reviews and periodic review when required.

Requirements

• Professional qualification in KYC, KYB or AML in desired
• Must have funds and mifid experience
• Relevant experience in a similar role within a Financial Institution
• An understanding of KYC law – regulations, compliance risk as well as non-financial risk, and documentation aspects of KYC process for correspondent banking relationships
• Experience in conducting risk assessment on various corporate and complex structures such us Funds, Charities, Trusts, Partnerships
• Motivated self-starter who can handle competing priorities and work effectively in a challenging, fast-paced environment
• Strong analytical and organisational skills; a proactive and fast learner
• Strong writing skills, capability to document relevant information in a clear, structured and comprehensive way
• Excellent communication skills and the ability to build and maintain relationships with colleagues and clients at all levels of seniority
• Team player with strong work ethics
• Resilience and commitment, ability to plan, prioritise and work under pressure
• Accuracy, diligence and the ability to deliver high quality results within tight deadlines
• Command of MS Office applications and general computer proficiency.

Success Measures

Corporate Onboarding: Seamless corporate onboarding

Quality Assurance: Maintain a good monthly result

Team Player: Support the Associates and DD Manager on training and guidance

What we offer

Everyone at IFX Payments has a meaningful and impactful role to play in helping us achieve that goal. We take pride in the quality of our work but balance that with the speed, intent, tenacity, and focus needed to win. We're a high-performance team who can trust each other as individuals to get the job done so we can be successful together.

Being part of IFX Payments, you'll receive every opportunity to thrive in your role to contribute to that success. We'll invest in you along the way to genuinely help you grow and take your career to new and exciting places. You'll work alongside experienced industry leaders, receive guidance from pioneering performance coaches and have the option to gain qualifications in your field that help you realise your ambitions. In exchange, we don't expect anything extra from you during your time here. We only ask you to do one thing: Make it count.

Benefits

• 25 days of annual leave + bank holidays and your birthday off. 
• Holiday loyalty scheme.
• Pension auto-enrolment with salary sacrifice contributions.
• Healthcare cash plan including support for dental, physio and therapies. 
• Discounts on fitness, cinema discounts, shopping, travel, entertainment and more
• Life Insurance.
• Work Abroad.
• Cycle to work.
• Nursery fees salary exchange.
• Employee Assistant Programme
• Career progression with excellent training and development.
• Company events – Pub nights, sporting events, seasonal parties, socials

Diversity & Inclusion

We believe that diversity and inclusion are essential to our success. We are committed to fostering a culture where everyone feels valued and respected, regardless of their background, identity or experiences. By embracing diverse perspectives and promoting equity, we aim to create an environment where all employees can perform and reach their full potential.  

Additional Information

- You must be eligible to work in the UK to be considered for this position. 
- Full background check will be carried out including DBS checks.