Compliance Onboarding Specialist

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Overview

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.

Role: 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 to complete client KYC adoptions and reviews, ensuring strict adherence to IFX KYC policy and procedures and Anti-Money Laundering (AML) compliance requirements. This role focuses on onboarding new clients, including CDD and EDD checks, 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.
• Review and carry 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.
• Understand High Risk industries onboarding and the risks associated with them.
• Support the Due Diligence Manager in presenting clients in relevant internal committees.
• Conduct event-driven reviews and periodic reviews when required.

Qualifications / Requirements

• Professional qualification in KYC, KYB or AML (preferred).
• Must have funds and MiFID experience.
• Relevant experience in a similar role within a Financial Institution.
• Understanding of KYC law – regulations, compliance risk as well as non-financial risk, and documentation aspects of KYC for correspondent banking relationships.
• Experience in conducting risk assessments on various corporate and complex structures (Funds, Charities, Trusts, Partnerships).
• Motivated self-starter who can handle competing priorities in a fast-paced environment.
• Strong analytical and organisational skills; proactive and fast learner.
• Strong writing skills with the ability to document information clearly and comprehensively.
• Excellent communication skills and the ability to build and maintain relationships at all levels of seniority.
• Team player with strong work ethics; resilience and ability to plan, prioritise and work under pressure.
• Accuracy and diligence; ability to deliver high quality results within tight deadlines.
• Proficiency with MS Office applications.

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 our goals. We balance quality with speed, focus, and tenacity to win. We are a high-performance team that trusts each other to get the job done.

We offer opportunities to thrive, with guidance from industry leaders and performance coaches. You may have the option to gain qualifications in your field. We ask you to 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, shopping, travel, entertainment and more.
• Life Insurance.
• Work Abroad.
• Cycle to work.
• Nursery fees salary exchange.
• Employee Assistance Programme.
• Career progression with training and development.
• Company events – pubs, sports, seasonal parties and socials.

Diversity & Inclusion

We believe diversity and inclusion are essential to our success. We are committed to fostering a culture where everyone feels valued and respected, regardless of background, identity or experiences. We strive for equity and an environment where all employees can perform at their best.

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.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Human Resources