We believe that the way people interact with their finances will drastically improve in the next few years. We’re dedicated to empowering this transformation by building the tools and experiences that thousands of developers use to create their own products. Plaid powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo, SoFi, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaid’s network covers 12,000 financial institutions across the US, Canada, UK and Europe. Founded in 2013, the company is headquartered in San Francisco with offices in New York, Washington D.C., London and Amsterdam.
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.