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.

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.

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. The successful candidate must have funds and mifid experience.
The role requires to work 3 days a week from London office and 2 days remotely.

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.