Money Laundering Reporting Officer & Compliance Lead, Plaid
Data network powering the tools millions of people rely on to live a healthier financial life
Job no longer available
Data network powering the tools millions of people rely on to live a healthier financial life
1001+ employees
Job no longer available
1001+ employees
Company mission
To unlock financial freedom for everyone.
Role
Who you are
- The ideal candidate should have experience working in a regulated Fintech environment, with a deep understanding of requirements applicable to Plaid’s business under the Payment Services Regulations, Electronic Money Regulations, and AML/CTF regulations in the UK and Europe
- This candidate should have a proven record of building a compliance program that takes into consideration a risk-based approach and Plaid’s special regulatory position
- We’re looking for the sort of person who is as comfortable presenting to senior leaders as they are rolling up their sleeves and diving into the details of individual processes and customers
- If you’re interested in a forward-thinking role within an ambitious and dynamic company, and pride yourself on seeing around corners and connecting dots, we’d love to talk to you!
- Experience as a MLRO, Head of Compliance, or Deputy at a PSD2 regulated organization, preferably with experience in both regions (UK and NL or other EU member state)
- Deep subject matter expertise in regulatory compliance and financial crime risks, while understanding Plaid’s regulatory position as TPP and the associated risks
- Experience balancing cross-functional stakeholders pushing in different directions. This role will reward entrepreneurial and creative problem solvers who approach challenges with curiosity and a solutions-oriented mindset
- Ability to manage people, earn their confidence, optimize their productivity, and nurture their career growth
- Experience managing relationships with regulators and auditors, and filing regulatory reports
- The ability to juggle multiple deadlines in a fast-paced environment
- Strong analytical, organizational, and communication skills with deep attention to detail
- A good sense of humor and a “roll up your sleeves” attitude
- ICA, CAMS or other relevant professional qualifications
What the job involves
- We’re looking for a senior compliance professional to lead our compliance team in the UK and Europe
- This individual will act as Money Laundering Reporting Officer (MLRO) for the UK and be part of Plaid’s UK Board of Directors, and be the Compliance Lead for the EU in support of the Director of Compliance and Risk in the Netherlands
- You’ll help us mature and scale our UK and European compliance program, and will be responsible for building a fit-for-purpose compliance strategy, and for overseeing the effectiveness of Plaid’s UK and European systems and controls
- You’ll have responsibility for Plaid’s compliance with all applicable requirements under UK, Dutch, and European legislation
- You’ll serve a lead role in a team that ensures Plaid remains at all times in good regulatory standing in the UK and the Netherlands
- Plaid’s UK and European businesses are developing products on the cutting edge of payments and open banking activity, and we’ll be counting on you to help ensure we’ve got appropriate systems and controls in place
- Managing and enhancing a second line Compliance and AML/CTF function at a dynamic company, while supporting ongoing operations
- Being a leader within the team. You recognize that leading with humility and influence rather than authority is typically more effective
- Building a compliance function that can support new license applications, maintain existing licenses, and support operations under future regulatory obligations or licenses
- Leading and improving all elements of a Compliance program, including: creating Board of Directors, partner, and regulatory reporting; performing monitoring and testing activities; maintaining and drafting policies and procedures; overseeing staff compliance training; advising on product development; and advising on the effectiveness of existing systems and controls and Plaid’s risk and compliance standing
- Overseeing all activity relating to anti-money laundering, such as carrying out investigations and suspicious activity reporting
- Overseeing Plaid’s UK and European business from a 2LoD position
- Being the point of contact for regulators; law enforcement; external auditors; and Compliance vendors
Our take
Plaid builds infrastructure that allows consumers 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 over 12,000 financial institutions in the US, Canada, the UK and Europe. And 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.
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
- Vibrant offices in SF, NYC, and Raleigh-Durham—with catered meals, happy hours, and clubs to keep you connected
- Competitive pay, comprehensive health benefits, and support for fertility, mental health, and parental leave
- Lifestyle perks including home office stipends, daycare support, and commuting benefits like CitiBike and Lyft
Company HQ
SoMa, San Francisco, CA
Leadership
Zach Perret
(Co-Founder & CEO)Previously, Zach was a Consultant at Bain and a Research Fellow and Trustee at Duke before co-founding Plaid ion 2012.
Salary benchmarks
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