Risk Analyst @ Plaid | Simplify Jobs

INACTIVE

Full-Time

Risk Analyst

Posted on 4/19/2024

Plaid

1,001-5,000 employees

Secure financial data connectivity platform

Data & Analytics

Financial Services

Junior

Remote in USA

Requirements

2+ years of relevant compliance, risk, or operational experience with a specific focus on financial services.
Desire to learn relevant laws and regulatory requirements; experience with KYC/BSA/AML FCRA, GLBA, UDAAP, PSD2 or GDPR requirements is preferred
Strong familiarity with financial services and high technology verticals
Understanding and empathy to the challenges of early stage companies
Strategic decision-maker that can help shape a global Risk function
Willingness to roll up your sleeves and balance cross-functional projects with different stakeholders
Intellectual honesty and humility

Responsibilities

Conducting and managing compliance reviews and risk analyses of prospective customers
Building, automating, scaling, and improving operational workflows and processes
Performing periodic reviews of client accounts as required by the onboarding policies
Developing and implementing internal policies and procedures required of a rapidly-evolving risk management function
Learning about and operationalizing relevant regulatory requirements in new jurisdictions to support Plaid’s international expansion
Articulating complex compliance requirements into understandable concepts
Supporting the broader team to operationalize relevant regulatory and legal requirements
Supporting inbound assessments and audit engagements

At Plaid, our mission is to unlock financial freedom for everyone. There has never been a better time than now to start building the future of fintech with us. Plaid powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo, SoFi, and Betterment, 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. #LI-Remote

At Plaid, we’re convinced 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 that thousands of developers use to create their own products.

The Risk Team at Plaid is a cross functional team whose responsibility is to enable the business by mitigating risks and maintaining controls that ensure trust in the platform.

Plaid sits in the middle of this ecosystem, and we’re the gateway used by our customers to build, launch, and scale FinTech applications that democratize financial services. In this role, you’ll be responsible for supporting Plaid’s ecosystem risk management activities from security, regulatory, and reputational perspectives. You’ll work closely with our GTM, Security Engineering, Legal, and Financial Access teams to ensure trust in the platform and protect the ecosystem.

Responsibilities

Being part of a highly evolving cross functional team in a rapidly growing organization.
Having a significant impact on the future of financial services.
Conducting and managing compliance reviews and risk analyses of prospective customers as they come through the Sales pipeline.
Building, automating, scaling, and improving operational workflows and processesPerforming periodic reviews of client accounts as required by the onboarding policies.
Being a key resource in developing and implementing the internal policies and procedures required of a rapidly-evolving risk management function.
Learning about and operationalizing relevant regulatory requirements in new jurisdictions to support Plaid’s international expansion.
Articulate complex and nuanced compliance requirements into understandable concepts both internally and externally.
Support the broader team to operationalize relevant regulatory and legal requirements.
Support inbound assessments and audit engagements.

Qualifications:

2+ years of relevant compliance, risk, or operational experience with a specific focus on financial services. Fintech experience strongly preferred.
Desire to learn relevant laws and regulatory requirements; experience with KYC/BSA/AML FCRA, GLBA, UDAAP, PSD2 or GDPR requirements is preferredIdeal candidate is positive, collaborative, organized, focused, and a self-starter.
Strong familiarity with financial services and high technology verticals.
Being understanding and empathetic to the challenges of early stage companies.
Strategic decision-maker that can help shape a global Risk function.
Willingness to roll up your sleeves; you’ll wear many hats and will have to balance cross-functional projects with different stakeholders in a wide variety of roles.
Intellectual honesty and humility; you should be willing to admit when you don’t know something and should have the discernibility to escalate urgent issues when necessary

Our mission at Plaid is to unlock financial freedom for everyone. To support that mission, we seek to build a diverse team of driven individuals who care deeply about making the financial ecosystem more equitable. We recognize that strong qualifications can come from both prior work experiences and lived experiences. 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!

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. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local laws. 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].

Please review our Candidate Privacy Notice here.

Plaid

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Website

View Company Profile

Plaid is a data network that enables secure connections between users' financial accounts and various apps, with a network covering over 12,000 financial institutions. The company's technologies provide seamless user experiences and accessible financial solutions for developers, empowering over 7,000 apps and services.

Company Stage

Series D

Total Funding

$739M

Headquarters

San Francisco, California

Founded

2013

Growth & Insights

Headcount

6 month growth

↑ 5%

1 year growth

↑ 8%

2 year growth

↑ 8%

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.

INACTIVE