Senior Financial Crime Compliance Officer - TikTok Singapore - Global Payment
Responsibilities
About the Team
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, Mumbai, Singapore, Jakarta, Seoul, Tokyo, Sao Paulo, and Mexico City.
The ByteDance Global Payment team provides TikTok 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. The Global Payment Compliance team, leveraging industry and technological expertise, provides compliance policy, oversight, advisory and operational support to all of ByteDance's and TikTok's products and services.
About the Role
We are looking for an experienced Money Laundering Reporting Officer (MLRO) to oversee Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) compliance for our local entity.
In this role, you will act as the primary focal point for AML/CTF compliance. You will ensure that our platform remains safe from financial abuse while maintaining a seamless experience for our users, creators and merchants. The role will support the TikTok AML/CTF Officer and will have day-to-day responsibility for AML/CFT compliance, risk management, and reference the Payment Services Act (PSA) and MAS Notices and Guidelines.
The MLRO will act as a key point of accountability for AML/CFT matters, including potential suspicious activities reporting, regulatory interactions, audits, compliance reviews, and ongoing supervisory engagement. This role will report to the TikTok AML/CFT officer.
Key Responsibilities
Regulatory & Governance Responsibilities
- Serve as the designated Money Laundering Reporting Officer for relevant APAC TikTok entities including Singapore, with responsibility for AML/CFT oversight and has experience in managing financial crime compliance programs based on the Payment Services Act, MAS Notices (including PSN01 / PSN02, as applicable), MAS Guidelines and relevant regimes in other APAC jurisdictions.
- Serve as the primary point of contact for local financial intelligence units such as the Monetary Authority of Singapore regarding financial crime investigations involving our platform.
- Lead and coordinate responses to regulatory inspections, supervisory reviews, regulatory engagements, internal audits, and independent assurance activities, ensuring timely and effective remediation of findings.
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- Provide regular AML/CFT risk reporting and escalation to TikTok Senior Management or management committees, including notification of material issues and control weaknesses.
AML/CFT Framework Implementation
- Conduct and maintain the local entity's Enterprise-Wide Risk Assessment (EWRA) specifically focusing on risks inherent to social media , and product, customer, delivery-channel, and geographic risk analyses.
- Adapt global AML/CTF policies to fit local laws and the specific operational aspects of the local market and industry best practices.
- Assist in the oversight, design, implementation, and ongoing effectiveness of TikTok's AML/CFT control framework, covering customer due diligence, transaction monitoring, sanctions screening, suspicious transaction reporting (STRs), and record-keeping.
- Ensure TikTok's AML/CFT controls are appropriately calibrated to TikTok's products, transaction flows, and customer risk profiles.
- Identify emerging risks (including typologies relevant to digital payments and platform-enabled financial activity) and drive enhancements to policies, systems, and governance.
Advisory & Stakeholder Engagement
- Work with the advisory team during the launch of new monetization features to build "Compliance by Design."
- Provide AML/CFT advice to Senior Management, product, operations, technology, and legal teams on Singapore regulatory requirements and financial-crime risk.
- Act as a key stakeholder in new product approvals, market expansions, and significant change initiatives, ensuring AML/CFT risks are assessed and mitigated in line with regulatory expectations.
- Build strong working relationships across the business to promote AML/CFT ownership, awareness, and timely issue escalation.
Training, Awareness & Continuous Improvement
- Oversee the development and delivery of AML/CFT training programs tailored based on Singapore regulatory requirements and role-based responsibilities.
- Maintain up-to-date knowledge of MAS regulatory developments, enforcement actions, and supervisory guidance, and ensure timely implementation across the business.
- Use regulatory feedback, audit outcomes, and internal quality-assurance results to continuously strengthen the AML/CFT program.
Qualifications
Minimum Qualifications
- 5+ years of AML/CFT compliance experience, with significant experience in payments, fintech, e-money, or digital financial services.
- Proven experience serving as a designated MLRO or senior AML/CFT lead for a MAS-regulated entity (e.g., MPI, EMI, or equivalent).
- Demonstrated experience engaging directly with MAS or local financial intelligence units, including managing inspections, supervisory reviews, and regulatory correspondence.
- Strong understanding of the Singapore sanctions, AML, and payments ecosystem, the Payment Services Act, and applicable MAS Notices and Guidelines.
- Experience conducting enterprise-wide AML/CFT risk assessments and developing AML/CFT policies, procedures, and governance frameworks.
Preferred Qualification:
- Prior experience working at MAS, local FIU, or a licensed payment institution is preferred.
- Strong leadership, independence, and judgment, with the ability to operate effectively in a fast-paced, evolving regulatory and business environment.
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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