Sanctions Compliance Remediation Lead - Global Payment
Responsibilities
About the Team
The Global Payment team provides TikTok payment solutions, including payment acquisition, disbursements, transaction monitoring, payment method management, foreign exchange conversion, accounting, and reconciliations, ensuring a smooth and secure payment experience on the TikTok platform. The Global Payment Compliance team leverages industry and technological expertise to provide compliance policy, oversight, advisory, and operational support across our company's products and services.
We are seeking a detail-oriented and strategic Sanctions Remediation Lead to drive critical enhancement initiatives within our compliance framework. This role is specifically focused on sanctions compliance, ensuring that all remediation items are executed effectively and in strict accordance with Office of Foreign Assets Control (OFAC) requirements. You will be the architect of our corrective action plans, ensuring that historical gaps are closed and future controls are strengthened.
Responsibilities
- Project Remediation: Lead the end-to-end execution of remediation items related to special compliance programs Analyze historical transaction data and compliance gaps to implement corrective measures that align with OFAC standards.
- System & Process Enhancement: Identify weaknesses in current sanctions screening logic and operational workflows. Design and implement enhancements to prevent recurrence of historical issues.
- Regulatory Alignment: Serve as the subject matter expert on OFAC requirements for this project, ensuring that all remediation outputs meet regulatory expectations and audit standards.
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Internal Remediation Planning: Draft, maintain, and track detailed internal remediation plans. Monitor progress against milestones and report status to senior leadership.
- Data Analysis & Validation: Oversee the "Look Back" review process, validating data integrity and ensuring that historical alerts are properly adjudicated and documented.
Qualifications
Minimum Qualifications
- 5+ years of experience in Sanctions, AML, or Financial Crimes Compliance.
- Proven experience managing large-scale remediation projects or "Look Back" reviews.
- Deep understanding of OFAC regulations and sanctions screening technologies.
- Strong project management skills.
Preferred Qualifications:
- PMP certification.
Job Information
[For Pay Transparency] Compensation Description (annually)
The base salary range for this position in the selected city is $122312 - $264960 annually.
Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.
Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others. Employees also receive 10 paid holidays per year, 10 paid sick days per year and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure).
The Company reserves the right to modify or change these benefits programs at any time, with or without notice.
For Los Angeles County (unincorporated) Candidates:
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:
1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
3. Exercising sound judgment.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- HSA
- Life Insurance
- Fitness Subsidies
- Short-Term Disability
- Long-Term Disability
- On-Site Gym
- Mental Health Benefits
- Virtual Fitness Classes
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
Work Flexibility
- Flexible Work Hours
- Hybrid Work Opportunities
Office Life and Perks
- Casual Dress
- Snacks
- Pet-friendly Office
- Happy Hours
- Some Meals Provided
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
Financial and Retirement
- 401(K) With Company Matching
- Performance Bonus
- Company Equity
Professional Development
- Promote From Within
- Access to Online Courses
- Leadership Training Program
- Associate or Rotational Training Program
- Mentor Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
Company Videos
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