ByteDance

Payments Compliance Counsel

ByteDance  •  Singapore, SG (Onsite)  •  1 month ago
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Job Description

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

About the Team
The Payments Legal team reports directly into the Global Legal Corporate Compliance organization and serves the ByteDance group of companies, including TikTok, in respect to payment compliance matters.

In this role, you will dive deep into multi-jurisdictional regulations, synthesizing complex legal advice to achieve a cohesive, global standard for payments compliance. As a vital bridge between our Payment Legal experts and dynamic product teams, you will translate intricate legal frameworks into legal advice and mitigating solutions to relevant lines of business.

We are looking for a dynamic talent with deep expertise in Fintech payments regulatory compliance and product counseling, demonstrate sound judgement to navigate ambiguity and strong cross-functional partnership to drive operational excellence and achieve strategic goals at pace. You will bring a strong sense of ownership and energy to lead systematic and impactful changes for a fast-scaling business. This is a fantastic opportunity to grow your career in a company that is enjoying hyper growth on a truly international scale.

Your role will be based in Singapore.

Responsibilities
- Act as the subject matter expert on legal payment compliance, building deep trust with Product teams and the wider business to influence and foster a strong, proactive culture of payments compliance.
- Provide strategic advice and continuous review of laws, regulations, and payment network rules - money transfer, e-money, payment tokens (virtual assets), AML, and stored value/prepaid instruments - with emphasis on ad monetisation and e-commerce products.
- Partner closely with Product, Compliance, Legal, Operations and other cross-functional teams across ByteDance and TikTok to mitigate risk, drive compliant product development and commercialisation of global payment initiatives.
- Translate and communicate complex risk, legal, and regulatory concepts into actionable guidance for Creator Monetization and other product teams as well as external stakeholders.
- Ensure seamless alignment between business goals and legal requirements, managing escalations effectively when necessary.
- Standardise global payment legal guidelines and risk assessment frameworks, ensuring risk matrices remain robust, consistent, and up-to-date.
- Manage partner engagement by collaborating closely with internal stakeholders to develop and execute engagement strategies for current and prospective external partners regarding payment compliance matters.
- Navigate complex projects and lead multi-regional projects spanning diverse product lines and partners, effectively prioritising tasks and mitigating legal risks within fast-paced, high-impact timelines.
- Drive ad-hoc initiatives and special projects as necessary to support the broader strategic objectives of the Global Payments and Global Legal Compliance teams.
ByteDance

About ByteDance

ByteDance is a global incubator of platforms at the cutting edge of commerce, content, entertainment and enterprise services - over 2.5bn people interact with ByteDance products including TikTok.

Creation is the core of ByteDance'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. At ByteDance, we create together and grow together. That's how we drive impact - for ourselves, our company, and the users we serve. We are committed to building a safe, healthy and positive online environment for all our users.

We have over 110,000 employees based in more than 30 countries globally. Join us.

Industry
IT & Software
Company Size
10,000+ employees
Headquarters
China, CN
Year Founded
Unknown
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