Job Description

TikTok will be prioritizing applicants who have a current right to work in Singapore, and do not require TikTok's sponsorship of a visa.

About TikTok

TikTok is the leading destination for short-form mobile video. At TikTok, our mission is to inspire creativity and bring joy. TikTok's global headquarters are in Los Angeles and Singapore, and its offices include New York, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo.

Why Join Us

Creation is the core of TikTok's purpose. Our products are built to help imaginations thrive. This is doubly true of the teams that make our innovations possible. Together, we inspire creativity and enrich life - a mission we aim towards achieving every day. To us, every challenge, no matter how ambiguous, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always. At TikTok, we create together and grow together. That's how we drive impact-for ourselves, our company, and the users we serve. Join us.

About the team

We are seeking a highly skilled and experienced Frontline Compliance Partner to join our team. As the Frontline Compliance Partner, you will be responsible for ensuring compliance with Anti-Money Laundering (AML) regulations, and mitigating financial crime risks. You will serve as the primary point of contact for AML-related matters and provide guidance and support to clients in implementing effective AML programs.

This role offers an opportunity to influence and strengthen the organization’s AML framework, ensuring a robust defense against financial crimes while supporting business growth.

Responsibilities:

1. AML Policy and Procedure Review:

- Assist in reviewing the effectiveness and operational applicability of AML policies and procedures developed by the 2nd Line of Defense.

- Provide feedback on the practical implications of these policies and their impact on business operations.

2. Collaboration and Strategy Development:

- Work closely with the 2nd Line of Defense to design and establish transaction monitoring (TM) strategies and robust Know Your Customer (KYC) controls.

- Contribute to the development of risk-based solutions to enhance compliance and operational workflows.

3. Preventive Control Design and Implementation:

- Design and implement preventive controls within business operations to mitigate identified AML risks proactively.

- Regularly review and update these controls to adapt to emerging risks and regulatory changes.

4. Escalations and RFI Assessment:

- Review escalated AML cases and evaluate whether further information requests (RFIs) are required to address potential risks effectively.

- Provide clear, actionable recommendations for handling escalations.

5. Operational Effectiveness and Balancing Expectations:

- Act as a bridge between the 1st and 2nd Lines of Defense to balance expectations and maintain operational effectiveness without compromising compliance standards.

- Ensure efficient resolution of compliance challenges while adhering to regulatory requirements.

6. Training and Awareness:

- Facilitate AML training workshops to ensure 1st Line staff are knowledgeable about compliance requirements and equipped to meet regulatory expectations.

- Promote a culture of compliance and awareness across the organization.

7. Relationship Management:

- Maintain and strengthen relationships with the 2nd Line of Defense to ensure seamless communication and alignment on compliance objectives.