Money Laundering Reporting Officer, Plaid
Europe
1-5 days a week in office
Data network powering the tools millions of people rely on to live a healthier financial life
Be an early applicant
Data network powering the tools millions of people rely on to live a healthier financial life
1001+ employees
Be an early applicant
1-5 days a week in office
1001+ employees
Company mission
To unlock financial freedom for everyone.
Role
Who you are
- 5+ years of proven experience as an MLRO or a highly experienced Deputy MLRO within a regulated financial services environment
- Demonstrated experience managing and leading compliance analysts or investigations teams
- Strong working knowledge of UK AML/CTF regulations, SAR obligations, and FCA expectations
- Practical experience with EU AML frameworks, including cross-border operational challenges
- Solid understanding of fraud typologies and fraud as a predicate offence to money laundering
- Experience in fintech, payments, banking, or financial infrastructure
- Prior engagement with regulators and auditors
- [Nice to have] Experience scaling or transforming a compliance function in a growth environment
- [Nice to have] Relevant professional qualifications (ICA, ACAMS, etc.)
- We encourage you to apply to a role even if your experience doesn't fully match the job description. We are always looking for team members that will bring something unique to Plaid!
What the job involves
- The Europe Policy, Privacy, Legal & Compliance (PPLC) team guides Plaid’s regulatory strategy and ensures strong governance across the UK and EU. We partner with business and product teams to deliver compliant growth, shape policy and regulatory engagement, and uphold high standards of legal, compliance, and governance excellence
- The MLRO will have primary responsibility for the firm’s UK AML/CTF framework and will act as the senior AML subject-matter lead for EU operations. The role includes day-to-day management of the compliance analyst team supporting AML, CDD, transaction monitoring, SARs, and fraud-related reviews, and carries personal regulatory accountability within its remit
- The MLRO will report to the Head of Legal & Compliance (Europe), who retains overall senior leadership responsibility for the firm’s financial crime framework. The MLRO is responsible for the effective operation of AML and fraud controls and for escalating material risks and issues as appropriate
- Given the firm’s risk profile, the MLRO will also initially act as the firm’s lead internal authority on fraud, recognising fraud as a key predicate offence to money laundering, and will work closely with relevant teams to ensure risks are identified and addressed promptly
- Act as the firm’s MLRO under UK regulations, including accountability under the UK Money Laundering Regulations and FCA expectations
- Receive, assess, and determine appropriate action on internal SARs, including submission of external SARs to the NCA
- Maintain and enhance the UK AML/CTF framework, including policies, procedures, controls, and risk assessments
- Serve as the primary point of contact with the FCA on AML/CTF and financial crime matters, including supervisory engagement, audits, and inspections
- Provide AML oversight for Dutch entities, ensuring compliance with EU AML directives and local legislation
- Coordinate AML activity across jurisdictions
- Drive consistency of AML standards across the UK and EU while allowing for local regulatory nuance
- Support engagement with EU competent authorities where required
- Set clear expectations for investigation standards, documentation quality, and regulatory defensibility
- Ensure sufficient resourcing, escalation pathways, and controls are in place to manage volume spikes and emerging risks
- Act as the final escalation point for complex or high-risk cases reviewed by the team
- Work allocation, prioritisation, and quality assurance
- Performance management and professional development
- Coaching analysts on AML, SAR decision-making, and fraud-related escalation
- Influence the design and improvement of fraud detection and prevention controls where they overlap with AML risk
- Act as the firm’s initial escalation point for fraud, particularly where fraud intersects with AML obligations
- Identify emerging fraud typologies
- Assess money laundering risk arising from fraud incidents
- Ensure appropriate SARs, reporting, and remediation actions are taken
- Own and maintain the enterprise-wide AML/CTF risk assessment for the UK and EU
- Provide regular, clear reporting to senior management and the Board on AML and fraud risk
- Deliver credible challenge to the business when financial crime risk exceeds appetite (even when that’s inconvenient)
- Oversee AML and fraud-related training programmes, ensuring they are practical, role-specific, and current
Salary benchmarks
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.
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