Hybrid Money Laundering Reporting Officer, Europe

at Plaid

• Job title: Money Laundering Reporting Officer, Europe
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, London, United Kingdom

About the role

• MLRO managing compliance for financial regulations within Plaid's growing operations in Europe. Leading AML/CTF framework and fraud oversight for EU operations.

Responsibilities

• 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.

Requirements

• 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.).

Benefits

• We are always looking for team members that will bring something unique to Plaid!
• Plaid is proud to be an equal opportunity employer and values diversity at our company.
• We do not discriminate based on race, color, national origin, ethnicity, religion or religious belief, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, military or veteran status, disability, or other applicable legally protected characteristics.
• Plaid is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance with your application or interviews due to a disability, please let us know at [email protected].