Full-Time

Head of Policy

Confirmed live in the last 24 hours

Plaid

Plaid

1,001-5,000 employees

Connects financial accounts to apps securely

Fintech
Financial Services

Compensation Overview

$168.5k - $313.2kAnnually

Expert

Remote in USA

Strongly preferred location is Washington D.C.; exceptions may be made for exceptional candidates in San Francisco or New York. Must be willing to travel 20-30%.

Category
Financial Consulting
Consulting
Requirements
  • Location: Washington D.C. is strongly preferred. An exception may be made for exceptional candidates in San Francisco or New York. Must be willing to travel (20-30%).
  • 10+ years of experience in federal policy, ideally with experience at the Consumer Financial Protection Bureau (CFPB), on Capitol Hill, with prudential regulators, or in a financial services trade association.
  • Proven track record of success in advocacy and policy influence within the financial services sector.
  • Strong interpersonal and communication skills, with the ability to engage and build consensus among diverse stakeholders.
  • High-level analytical ability, capable of understanding complex technical and policy issues quickly and thoroughly.
  • Technical and product affinity, with the ability to bridge the gap between business strategy, technology, and policy.
  • Positive, collaborative, and organized approach, with the tenacity to drive initiatives to completion.
Responsibilities
  • Build and sustain strong, strategic relationships with regulators, legislators and staff, consumer groups, trade associations, financial institutions, and other key stakeholders.
  • Participate in industry working groups focused on consumer financial data sharing, cybersecurity, and privacy.
  • Collaborate cross-functionally with Legal, Privacy, Public Affairs, and Industry Relations to align Plaid’s policy initiatives with business objectives.
  • Drive policy analysis, regulatory engagement, and advocacy efforts, contributing to Plaid’s broader business strategy and reputation-building activities.
  • Lead and manage the Public Policy team, including recruitment, development, and mentorship.
  • Represent Plaid in critical forums, ensuring the company advocates for open finance, data privacy, and competition.
  • Stay abreast of evolving policy trends and identify new opportunities for Plaid to influence industry standards and regulatory frameworks.

Plaid simplifies financial data management for individuals and businesses by connecting various financial accounts to apps and services. Its main product is a set of APIs that allow developers to integrate financial data into their applications, enabling users to track spending, initiate payments, and access financial services all in one place. Plaid serves a wide range of clients, including app developers and financial institutions, and is used by popular apps like LendingTree and Square. Unlike many competitors, Plaid focuses on providing a comprehensive and scalable platform for seamless data sharing, charging fees based on API usage or subscriptions. The company's goal is to enhance the way users interact with their financial data, making it easier and more secure.

Company Stage

Series D

Total Funding

$714.3M

Headquarters

San Francisco, California

Founded

2013

Growth & Insights
Headcount

6 month growth

6%

1 year growth

14%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Plaid's new pay-by-bank solution offers a cost-effective alternative to traditional payments.
  • Increased adoption of open banking APIs boosts Plaid's innovation in financial services.
  • Plaid's collaboration with Salsa simplifies payroll, potentially expanding its market reach.

What critics are saying

  • Rising competition from API-based banking solutions like FIS's Code Connect platform.
  • New data-sharing rules in the U.S. may increase compliance costs for Plaid.
  • Potential legal challenges from data-sharing practices could impact Plaid's operations.

What makes Plaid unique

  • Plaid offers seamless financial data integration through robust APIs for diverse clients.
  • Plaid's platform supports secure and efficient financial data sharing across various applications.
  • Plaid's strategic partnerships enhance its capabilities in pay-by-bank and payroll solutions.

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Benefits

We've got you covered: From medical, life, and 401ks, we’re here to support your physical, mental, and financial wellbeing.

Everyone is an owner: We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids.

Vacation your way: We want to make sure you have time to meet your personal needs with unlimited PTO and two weeks of synchronous, company-wide vacation.

Grow your skills: Every Plaid is in control of their career development with our learning stipends, tools, and trainings.