The problem with melting the wax is that it risks it forming a film inside the ribbon cable connectors that will be very difficult to remove and will cause bad connections. I suggest softening the wax round the connectors with hot air and peeling as much as possible off the connectors and cables *without* digging down to the PCB or trying to peel it off the board, which as Pcprogrammer points out, is risky to small SMD parts. Then, if you aren't willing to risk dismantling to melt the wax free from the back with the board upside down so it drops off in large pieces, you can protect where the cables enter the connectors with tape, orient the board heatsink side down, with foil over the heatsink so it doesn't end up coated with wax, and melt the wax off the board as suggested, starting furthest away from the connectors. Blot off as much melted wax as you can, but traces of it under and round components can be left, rather than risking aggressive cleaning. Isopropyl alcohol wont be much help removing melted wax but could be helpful peeling softened wax.