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Iris is the first person that Roy feels comfortable with and at ease to tell about his past and what happened. They also go swimming in the lake that could have been a symbolic cleansing. I recall a scene where he rests with his head in her lap, that makes me think of her mothering or nurturing him.
Memo is the anti-Iris. I agree that she was complicit in her ruin. She's not naive. She's calculating and manipulative, climbing that ladder with greed and in the end she gets to the top with Judge and we know what his principles are. I think that Pop had genuine regrets that he brought her around the team and is disappointed in her behavior.
Her name is more difficult to interpret. In Memo, the first syllable "Me" stands out to me because I think she was very self-centered. Paris is a foreign location, maybe intended to seem exotic with her attractiveness to men. I have no idea when Paris was named the City of Love.
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