Responsibilities
TikTok is the leading destination for short-form mobile video. Our mission is to inspire creativity and bring joy. TikTok has global offices including Los Angeles, New York, London, Paris, Berlin, Dubai, Singapore, Jakarta, Seoul and Tokyo.
Why Join Us
Creation is the core of TikTok's purpose. Our platform is built to help imaginations thrive. This is doubly true of the teams that make TikTok possible.
Together, we inspire creativity and bring joy - a mission we all believe in and aim towards achieving every day.
To us, every challenge, no matter how difficult, 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 communities we serve.
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About the Team
Global Payments Legal reports directly into the Global Legal Compliance organization and serves the ByteDance group of companies, including Tik Tok and the Global Payment business (referred to as PIPO), in respect of payments compliance matters. PIPO plays an important role in the monetization of Bytedance products, but is also in the heavily regulated industry of financial services that requires specific expertise and attention to regulatory compliance requirements. The ideal candidate should have a good background in payments, as well as excellent judgment, acute ability to identify issues of first impression, and have the courage to counsel a fast-moving business. The role will be based in Singapore.
Responsibilities
In this role, you will advise Global Payments team on a range of issues including payments, regulatory, risk assessment/compliance related to the Bytedance payment activities in Singapore and other Southeast Asia ("SEA") markets. This includes:
- Actively collaborating and providing guidance with a wide variety of internal stakeholders, including product, compliance, marketing, business development on a range of issues related to product development and commercialization of global payment projects and services
- Working closely with colleagues across the global legal team to advise on payment issues in connection with the launch of features, projects or programs
- Assisting and providing guidance to the Global Payments team regarding payments licensing and dealing with regulators.
- Structuring, drafting, and negotiating channel partner agreements with our payment partners.
- Help build scalable and effective processes for legal review and launch of new payment features and products.
- Stay up-to-date and serve as the subject matter expert of financial service regulations, including AML, money transmission, virtual currency, gifts, stored value cards and facilities, KYC, and KYB in the SEA region.
- Participate as a proactive business partner for senior managers and build a trusted advisor relationship with the SEA Global Payments business.
Qualifications
- Qualified lawyer in Singapore with at least 4-8 years experience (either in-house or top law firm) with 2+ years in the fintech/payments industry. Global or regional exposure and experience gained in the Fintech startup space is highly advantageous.
- Familiar with the electronic financial services sector to counsel and assist with payments-related matters and money service business compliance requirements, anti-money laundering rules, know-your-customer requirements, and stored value facilities in Singapore and/or other SEA markets. Exposure and/or experience to other Southeast Asia countries besides Singapore, such as Indonesia or Thailand, will be advantageous.
- An entrepreneurial spirit - a self-starter who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact.
- A passion for technology and the ability to understand complex business models and product use cases quickly.
- Excellent judgment and capable of making smart decisions with imperfect information.
- Strong communication skills (both written and verbal) and presentation skills to interact with a wide variety of individuals and to convey legal facts clearly and simply.
- Possess strong analytic capabilities and ability to use good judgement to respond at speed and as a business partner.
- Independent, hard-working, well organized and able to prioritize and manage numerous projects simultaneously and the ability to work under tight deadlines.
TikTok 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 TikTok, our mission is to inspire creativity and bring joy. 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.