Corporate Onboarding Associate - 12 month FTC at Modulrfinance

Corporate Onboarding Associate - 12 month FTC Edinburgh, UK Full time, 12-month FTC In office 4 days/week • Are you someone who thrives on curiosity, loves experimentation, and constantly seeks innovative ways to solve problems? • Do you want to be hands-on in embedded payments, while continuously learning and developing in a dynamic environment? • Do you want to play an important role in one of Europe’s fastest-growing fintech companies? If the answer is yes, we'd love to connect with you! Who We Are Our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, initially across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products. Find out more about us on our website and careers site. What You’ll Do • Own and manage CDD & Compliance Assessments for complex clients within the First Line CDD Operations Function. • Perform Client Risk Assessments and Customer Due Diligence (Simplified and Enhanced) during corporate onboarding. • Conduct internal and external Partner Audits and ensure alignment with Modulr’s compliance framework. • Engage with internal and external stakeholders to support compliance and onboarding processes. • Screen for Politically Exposed Persons and Sanctioned Individuals, ensuring regulatory adherence. • Review and recommend updates to Policies and Procedures in line with evolving compliance requirements. Who You Are What you’ll need: • A curious mindset and drive to explore how AI can make a real difference. • A (high-level) understanding of legislation/guidance including the Money Laundering Regulations 2017 (as amended), the Proceeds of Crime Act 2002, the Sanctions and Anti-Money Laundering Act 2018, the Terrorism Act 2000 and Counter-Terrorism Act 2008, the UK General Data Protection Regulation and Data Protection Act 2018, and HM Treasury Sanctions Notices and OFSI Guidance. You’ll also be confident applying guidance from the FCA Financial Crime Guide and SYSC Rules, JMLSG (especially Chapter 5 on Customer Due Diligence), and FCA guidance on Politically Exposed Persons. • Experience in corporate onboarding and compliance across sectors and jurisdictions, ideally with Know Your Business (KYB) and enhanced due diligence in both UK and EU contexts. • Analytical and detail-oriented, with strong communication skills, ethical judgement, and the ability to manage competing priorities. • Resilient, flexible, and confident in owning and evolving compliance processes to support business growth. Nice to haves: • Familiarity with Dutch regulations such as Wwft, Sanctiewet 1970 and Wft. • Experience with European Corporate Client Due Diligence (KYB) and enhanced risk assessments. • Exposure to AML and compliance audit procedures, including managing remediation of findings. What We Offer You • Share Options – We offer a Company Share Option Plan (CSOP), giving you the opportunity to benefit from any increase in share value in the event of a sale, merger, or flotation. • Bonus – Our annual discretionary bonus, paid in May for the previous year, is based on both company and individual performance. • Flexible benefits – £1,000 to spend on benefits to suit you, including private medical insurance, gym membership, dental etc. • Wellbeing app – confidential, on-demand access to therapy, coaching, counselling, management training or mindfulness sessions with accredited professionals, with company-funded hours and top-up options available. • Holidays – 33 days annual leave (including bank holidays) plus your birthday off. In the UK, Christmas Day, Boxing Day, and New Year's Day are fixed holidays. You can choose the remaining days to suit your personal schedule. • Learning opportunities – Our two-day onboarding programme, ModStart, helps equip you for success. Learning doesn't stop there; we'll continue to support your development through various channels. • Company-Wide Events – Participate in collaborative and engaging events with colleagues across the business. • Bike to work / E-bike scheme ModInclusion At Modulr, we're committed to building a diverse, equitable and inclusive culture where everyone feels they belong and can bring their whole self to work. We welcome applications from candidates of all backgrounds as we believe it's the right thing for our people, our business, and the community we operate in. By submitting your CV, you consent to us using your personal data to assess your application, contact you, or share your CV with relevant hiring managers. You can request removal of your data at any time by emailing [Upgrade to PRO to see contact] - though this will withdraw you from consideration for the role.