TikTok Shop Financial Crime Compliance Advisor - Global Payment

TikTok Shop Financial Crime Compliance Advisor - Global Payment

Location: San Jose

Employment Type: Regular

Job Code: A186141

Responsibilities

The Global Payments Financial Crimes and Sanctions Compliance (FCC) program is responsible for protecting and mitigating Global Payments from money laundering, terrorist financing and sanctions risk exposure. By doing this, the FCC program is tasked with ensuring the integrity and effectiveness of the financial crimes compliance control development and implementation. Specifically, the FCC program leverages operations, data, strategy, and Financial Crimes Compliance technologies to detect, address, and mitigate money laundering, terrorist financing and sanction risk within Global Payments.

Job Description

1. Business Advisory Support TikTok Shop Business Solutions:

• Oversee and provide guidance for FCC control implementation for holistic compliance controls for Global Payments and services provided for TikTok Shop's fast growing e-commerce platform including:
• Product launches
• Onboarding requirements
• KYC enhancements and modifications
• Sanctions and Name Screening
• Regulatory remediation and enhancements
• Facilitate and coordinate requirements gathering and implementation from multiple stakeholders including, but not limited to, legal, compliance product managers, business product team members and legal.
• Draft business requirements documents leveraged to facilitate business growth while controlling for FCC compliance risk.
• Provide dedicated financial crimes advisory support by leveraging industry AML and Sanctions knowledge to issue spotting financial crime and regulatory gaps during control design and product implementation.
• Leveraging industry expertise to develop compliance solutions which balance business initiative goals and properly mitigate financial crimes compliance risk exposure.

Qualifications

Minimum Qualifications:

• Bachelor's degree in Finance, Business Administration, Law, or a related field. Advanced degree or relevant professional certification (e.g., CAMS, CFE) preferred.
• 5+ years of progressive experience in financial crimes compliance, with a strong focus on advising the business of risk and global payments.
• In-depth knowledge of AML/CTF laws, regulations, and guidance, including the Bank Secrecy Act (BSA), USA PATRIOT Act, and relevant international standards (e.g., FATF recommendations).
• Demonstrated experience in designing, developing, and delivering effective AML control frameworks while partnering with first line of defense stakeholders and product engineers in developing business solution requirements documentation.
• Strong understanding of global payment systems, and payment rails, and associated AML/CTF risks.

Preferred Qualifications:

• Excellent project management skills
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills, including the ability to present complex information clearly and concisely to various audiences.
• Proven ability to work independently and collaboratively within a fast-paced environment.
• Strong leadership and interpersonal skills with the ability to influence and build relationships at all levels of the organization.

Job Information

The base salary range for this position in the selected city is $121600 - $288000 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:

• Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
• Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
• Exercising sound judgment.

About TikTok

TikTok is the leading destination for short-form mobile video. At TikTok, our mission is to inspire creativity and bring joy. TikTok's global headquarters are in Los Angeles and Singapore, and we also have offices in New York City, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo.

Why Join Us

Inspiring creativity is at the core of TikTok's mission. Our innovative product is built to help people authentically express themselves, discover and connect – and our global, diverse teams make that possible. Together, we create value for our communities, inspire creativity and bring joy - a mission we work towards every day.

We strive to do great things with great people. We lead with curiosity, humility, and a desire to make impact in a rapidly growing tech company. Every challenge is an opportunity to learn and innovate as one team. We're resilient and embrace challenges as they come. By constantly iterating and fostering an "Always Day 1" mindset, we achieve meaningful breakthroughs for ourselves, our company, and our users. When we create and grow together, the possibilities are limitless. Join us.

Diversity & Inclusion

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.

TikTok Accommodation

TikTok is committed to providing reasonable accommodations in our recruitment processes for candidates with disabilities, pregnancy, sincerely held religious beliefs or other reasons protected by applicable laws. If you need assistance or a reasonable accommodation, please reach out to us at