Corporate Onboarding Associate (Direct and Partner Client Onboarding)

Corporate Onboarding Associate - Direct and Partner Client Onboarding 
Location: Amsterdam 

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! 

We're looking to hire passionate, talented individuals to join Modulr, one of the fastest-growing payments businesses in the UK and Europe. This role will focus on leading and managing CDD (Customer Due Diligence) and Compliance Assessments for our clients. 

About Us 

At Modulr, we envision a world where all businesses are powered by embedded payments. We enable businesses, from SMEs to enterprises, across the UK and Europe to efficiently make payments, collect funds, and disburse money instantly through a range of payment schemes, accounts, and card products. 

Our industry-leading API platform provides comprehensive online tools to meet the demands of daily business payments. We’ve partnered with leading accounting and payroll platforms, including Sage, Xero, BrightPay, and IRIS. This expertise and product capability allow us to craft tailored solutions to solve complex payment challenges for hundreds of clients in industries such as Travel, Merchant Payments, Lending, Wage Advance, and Investment & Wealth. 

Deeply integrated into the payment ecosystem, we are direct participants of Faster Payments and Bacs in the UK and hold settlement accounts at the Bank of England. Our payment network includes CHAPS, Open Banking, SEPA, SWIFT, and account issuance in 11 currencies. Additionally, we are principal issuing members of Visa and Mastercard in the UK and Europe. 

As an Authorised Electronic Money Institution (AEMI), we are regulated by the Financial Conduct Authority in the UK and De Nederlandsche Bank in the Netherlands. 

Founded by industry experts with extensive experience in payments and scaling successful businesses, Modulr is backed by venture arms of PayPal, FIS, and other growth investors. Today, we have over 400 employees across offices in London, Edinburgh, Amsterdam, and Mumbai. 

Our Values 

• Building the extraordinary – Always going the extra mile. 

• Owning the opportunity – Be passionate about your work. 

• Move at pace – Achieve goals quickly, while being supported in your career growth. 

• Achieve it together – Collaboration is key to our success. 

The Role: Corporate Onboarding Associate 

As a Corporate Onboarding Associate, you'll play a pivotal role in managing and executing CDD & Compliance Assessments for our more complex clients. You'll be part of our First Line CDD Operations function, responsible for mitigating risks related to our services as an Electronic Money Institution. Your primary focus will be on Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Sanctions control, while also ensuring compliance with broader business objectives such as proposition and consumer duty. 

Given the ever-evolving regulatory landscape, we’re looking for someone with a sharp, inquisitive mindset, ready to dive deep into compliance and regulatory matters. In this growing team, you’ll have the opportunity to shape and implement best practices for a market-leading compliance function. 

Key Responsibilities 

• Client Risk Assessments: Perform detailed risk assessments for corporate clients. 

• Corporate Onboarding & CDD: Execute Customer Due Diligence, including Simplified and Enhanced Due Diligence. 

• Partner Audits: Conduct internal and external partner audits. 

• Stakeholder Engagement: Collaborate with internal and external stakeholders to ensure compliance. 

• PEP & Sanction Screening: Screen clients for Politically Exposed Persons and Sanctioned Individuals. 

• Policy Review: Review and recommend changes to compliance policies and procedures to align with Modulr’s regulatory requirements. 

About You 

The ideal Corporate Onboarding Associate will thrive in a fast-paced, scaling environment and be comfortable with change and ambiguity. You bring 2–5 years of experience in compliance and onboarding, and: 

• Regulatory Knowledge: 
  Solid understanding of Dutch financial regulations, including the Wwft, Sanctiewet 1970, and Wft, ensuring effective risk mitigation and collaboration with the second-line team. 

• Industry Experience: 
  Experience in a compliance or onboarding role within financial services, particularly in Corporate Client Due Diligence (KYB) and AML procedures across various sectors or jurisdictions. 

• Analytical Mindset: 
  Skilled at analysing data to identify patterns, risks, or anomalies—particularly in onboarding and audit processes. 

• Attention to Detail: 
  Accurate and thorough in handling compliance documentation, reporting, and identifying areas of risk. 

• Communication & Collaboration: 
  Clear written and verbal communication skills, with the ability to engage confidently with clients and internal stakeholders. 

• Ethical Judgment & Integrity: 
  High ethical standards with a strong sense of responsibility and confidentiality. 

• Organisation & Ownership: 
  Ability to manage competing tasks and projects effectively, taking ownership of compliance processes. 

• Adaptability & Problem Solving: 
  Flexible in the face of regulatory or operational change, and proactive in finding solutions. 

Skills and Experience We’re Looking For 

• 2–5 years of relevant experience in Customer Due Diligence (CDD), KYB, or Audit roles. 

• Proven ability to identify compliance issues through analytical review. 

• Working knowledge of Dutch financial regulatory frameworks (Wwft, Sanctiewet 1970, Wft). 

• Comfortable operating in a regulated financial services environment. 

What Modulr Offers You 

• Incentive Scheme: Share Options for all employees. 

• Company Bonus: The more successful we are, the greater the reward. 

• Flexible Benefits: Over €1,000 per year to use however you like (add to your pension, use for travel, etc.). 

• Pension: We contribute 10% of your pensionable salary to your company pension scheme. 

• Share Options: Modulr share options are offered depending on your level and are issued in January following your start date. 

• Perkbox: Access to discounts and freebies on various products and services. 

• 33 Days Holiday: Including your birthday off. Choose the days you want to take off. 

• Learning Opportunities: Our two-day onboarding program, ModStart, helps equip you for success. Learning doesn’t stop there; we’ll continue to support your development through various channels. 

• Company-Wide Events: Join colleagues for fun, collaborative events throughout the year. 

• Great Workspace: Innovation thrives through in-person collaboration. Our offices in Edinburgh, London, and Amsterdam are designed to encourage this. 

ModInclusion 

We believe that a diverse and inclusive culture is vital to our success. We encourage applications from individuals of diverse backgrounds, ensuring that everyone at Modulr feels they belong and can bring their authentic selves to work.