Senior Compliance Oversight Specialist - TikTok - Global Payment

Responsibilities

About The Team
The Global Payment team of TikTok 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 TikTok platform.

Responsibilities
1. Drive independent compliance product and control effectiveness testing across TikTok business functions (including TikTok Live, TikTok Shop, creator monetisation, virtual gifting, and payments adjacent activities) with a focus on financial crime risk controls embedded within products, systems, and rule frameworks.
2. Design and uplift a compliance control testing framework, covering:
- Product-level control inventories and risk to control mappings
- Control design effectiveness (CDE) and operating effectiveness (OE) methodologies
- Standardised testing documentation, workpapers, and reporting standards
3. Assess whether financial crime controls embedded within compliance products and systems:
- Appropriately designed to address inherent financial crime risks
- Properly governed, approved, and maintained
- Operating effectively and consistently across jurisdictions and product variants
4. Execute control focused testing across core FCC domains, including:
- KYC / KYB control frameworks (e.g. risk scoring logic, onboarding decision rules, trigger based reviews)
- Name and sanctions screening controls (e.g. rule configuration, list management, alert logic, tuning governance)
- Transaction monitoring controls (e.g. scenario coverage, typology alignment, thresholds, change management)
- Suspicious activity escalation and reporting controls (e.g. trigger mechanisms, decision governance, oversight controls)
5. Evaluate control coverage, configuration, and dependency on data inputs, including:
- Reliance on automation, thirdparty tools, and internal systems
- Completeness, accuracy, and appropriateness of data feeding key FCC controls
- Limitations, assumptions, and compensating controls where automation is incomplete
6. Own the issue lifecycle management for control testing outcomes, including:
- Definition of root causes and risk impacts
- Tracking remediation actions to completion
- Performing targeted retesting to validate control remediation
7. Develop management reporting and indicators focused on:
- Control effectiveness trends across products and regions