Risk Analyst, Plaid
Plaid Transfer
$111.6-140.4k
1-5 days a week in office
Infrastructure and APIs for FinTech
Be an early applicant
Infrastructure and APIs for FinTech
1001+ employees
Be an early applicant
$111.6-140.4k
1-5 days a week in office
1001+ employees
Company mission
Plaid's mission is to unlock financial freedom for everyone.
Role
Who you are
- 2+ years of experience in financial services
- Experience within Payments is essential, candidates with previous experiences with ACH, Credit Card, BNPL and/or other merchant acquiring businesses, including acquiring banks, payment gateways, processors, payfacs or other payments companies are strongly preferred
- Bachelor’s degree
- Strong verbal and written communication skills
- Proficiency in commonly used office productivity, communication, and collaboration tools (e.g. Google Workplace, MS Office Suite, Slack)
- Ability to work independently, and from within a team, in a face-paced, demanding, and ever-changing environment; must work well under pressure
- Has a growth mindset and is eager to learn and acquire context by executing operational workflows
- Exposure and intellectual curiosity about payments, technology, and risk
- Enthusiastic about being part of a highly evolving cross functional team in a rapidly growing organization
- Looking to make a significant impact on the future of financial services
What the job involves
- In this role, you will work cross-functionally with Go-To-Market (GTM), ACH Operations, AML Compliance, and Product teams, as well as our banking partners, to ensure that Plaid is able to successfully and efficiently qualify GTM opportunities from a payments compliance perspective, and guide them through the onboarding funnel
- You will perform customer application reviews and transaction analysis for possible suspicious activities to ensure compliance with the Bank Secrecy Act, the USA Patriot Act, and the Office of Foreign Assets & Control
- You will provide research and evaluation of anti-money laundering (AML) reviews and accurately and sufficiently document analysis and findings
- Your other main responsibilities will include conducting onboarding reviews, watchlist screening, KYC, ongoing monitoring, transactions monitoring, fraud monitoring, enhanced due diligence, customer auditing, proof of authorizations, and escalation of Suspicious Activity Reports (SAR)
- Building and maintaining highly effective cross functional relationships in a product focused organization
- Interfacing directly with GTM teams and prospective customers to ensure an efficient onboarding experience for money movement products
- Partnering with GTM to help identify high potential prospects, identify prospect risk profiles, and perform customer onboarding diligence adjusted to a prospect’s risk profile
- Interfacing with both our banking partners and customers throughout the customer onboarding process
- Actively identifying and exploiting opportunities to increase the efficiency of the customer diligence process for money movement related products
- Working directly with Plaid customers to compile onboarding & compliance requirements, as well as additional due diligence requests
- Being a key resource in developing, implementing, and enhancing internal policies and procedures required of a rapidly evolving risk management function
Our take
Plaid builds infrastructure that allows a consumer to interact with their bank account on the web through a number of third-party applications, like Venmo, Robinhood, Coinbase, Acorns and LendingClub.
Plaid has integrated with 12,000 financial institutions in the US, Canada, the UK and Europe. About a quarter of people living in North America with bank accounts have linked with Plaid through at least one of the hundreds of apps that leverage Plaid’s application program interfaces (APIs). The platform allows companies to create financial services applications without having to hire their own team of engineers to build out a tool that connects apps to its users’ bank accounts.
This is very valuable in a world where there are increasing number of fintechs, so the demand for Plaid's services are only going to grow. Despite its strong position, it has not been immune to the difficult global economic situtation and was forced to restructure at the end of 2022, laying off some of its workforce. However it is still experiencing growth and is well-positioned to weather the current economic uncertainty.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 6 rounds)
Apr 2025
$575m
LATE VC
Apr 2021
$425m
SERIES D
Total funding: $1.3bn
Company benefits
- Monthly wellness stipend (gym on us)
- We offer breakfast, lunch, and dinner to keep you well-fed and healthy (when working from the office)
- From medical, life, dental and pension schemes, we’re here to support your physical, mental, and financial wellbeing
- We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids
- Every Plaid is in control of their career development with our learning stipends, tools, and trainings
- We give Plaids the freedom and flexibility to choose where they work - whether that is in a Plaid office, at home in any supported location, or a mix of both!
- Two weeks of synchronous, company-wide vacation
- We want to make sure you have time to meet your personal needs with unlimited PTO
Company HQ
SoMa, San Francisco, CA
Leadership
Zach Perret
(CEO)He was a Consultant at Bain and previously a Research Fellow and Trustee at Duke before co-founding Plaid
William Hockey
(Board Director)He was previously an associate at Bain and has since moved on from Plaid to become Co-CEO at Column
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