Senior Payments Compliance Counsel - Global Legal

Responsibilities

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 its offices include New York, London, Dublin, Paris, Berlin, Dubai, 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.

Join us.

About The Team

The Senior Payments Compliance Counsel will be part of the Global Legal Compliance Payments team reporting into the Global Legal Compliance organization. It is one of the centres of excellence within GLC. We provide strategic guidance and leadership regarding all payments related matters of TikTok globally in order to ensure a consistent global approach towards payments, payments solutions, and money transmission licensing matters

Responsibilities

• Counsel product and broad cross-functional teams on a wide range of legal issues (payments, virtual currency, money transmission, financial services, consumer protection, and other relevant laws) regarding existing and planned products, including e-commerce
• Manage local outside counsel to secure and provide advice regarding the launch of payments products and features across various geographies in North America
• Identify and advise on risks arising from payments regulatory regimes and provide practical solutions to address risks identified and business needs
• Collaborate with subject matter experts within the legal team to ensure comprehensive and consistent legal risk mitigation strategies
• Work closely with compliance, product, policy, finance, security, and payments team.
  
  

Qualifications

Minimum Qualifications:

• Bachelor’s degree and Juris Doctorate from an ABA accredited law school (or foreign equivalent) with membership in good standing in a US State Bar
• Extensive experience advising technology companies as in-house or outside counsel on payments, in-app or virtual currency, and consumer protection matters
• Experience advising business teams on issues involving payment products'Strong familiarity with FinCEN, AML, OFAC, and other state and federal regulations related to payments
  
  

Preferred Qualifications:

• Experience working independently and cross-functionally within a global tech environment
• Familiarly with analogous regulations in Canada
• Prior experience related to a user-generated content platform
• Comfort working in a global environment with colleagues at all levels in various time zones in a fast-paced, cross-functional environment
• Excellent written and verbal communication skills with strong documentation skills
• Self-starter with a sense of humor, positive attitude, and passion for the creator economy
  
  

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 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 https://shorturl.at/cdpT2.

Job Information

【For Pay Transparency】Compensation Description (Annually)

The base salary range for this position in the selected city is $228000 - $357390 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.