Financial Crime Compliance Specialist- Global Payment

at  ByteDance

About Us
Founded in 2012, ByteDance’s mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok, Helo, and Resso, as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content.
Why Join Us
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.
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 ByteDance, 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
In line with the globalization strategy and vision of the company, the Global Payments team builds a platform to provide cross-border payment solutions for all ByteDance’s products and services, that are growing rapidly worldwide. We provides payment solutions - including payment acquisitions, disbursements, transaction monitoring, payment method management, foreign exchange conversion, accounting, reconciliations, and so on to ensure that our users have a smooth and secure payment experience on the platform.

MINIMUM REQUIREMENTS:

• Significant experience in financial crime compliance, AML and/or sanction-related roles
• Strong in-depth knowledge of AML, CTF, Sanctions and other financial crime regulations
• Experience developing and implementing AML and Sanctions policies and procedures
• Strong analytical skills and attention to detail - Strong written and verbal communication skills
• Ability to collaborate with and partner stakeholders across the organization

Preferred Requirements

• Familiarity with AML technologies and tools such as transaction monitoring, customer due diligence & sanctions systems
• Experience with interactions with regulatory agencies
• Obtained CAMs or other relevant certification

ByteDance is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At ByteDance, our mission is to inspire creativity and enrich life. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too

1. Policy Development: - Assist in the development and alignment of financial crime compliance and sanctions policies and procedures with PIPO policies. - Ensure that policies are aligned with regulatory requirements and industry best practices.
2. Process Governance: - Assist in overseeing the effectiveness of FCC related processes including, but not limited to, transaction monitoring, sanctions screening, list management, and the request for information process.
3. Risk Assessment: - Conduct comprehensive risk assessments related to financial crime, identifying potential vulnerabilities and recommending appropriate risk mitigation strategies. - Stay informed about emerging trends and changes in financial crime regulations to proactively address potential risks.
4. Training and Awareness: - Develop and monitor global training programs to enhance awareness of financial crime compliance and sanctions compliance within the organization.
5. Reporting and Communication: - Prepare and present regular reports to senior management on financial crime compliance activities, issues, and mitigation efforts. Communicate effectively with internal and external stakeholders regarding compliance requirements and expectations.