AML Compliance Advisory - Global Payment

Responsibilities

About the team
In line with Bytedance's globalization plans, there has been an increasing demand for payment services and financial services such as BNPL to: (1) enhance and support our current business needs; and (2) increase our service offerings to the end user. As such, the need for payment services has gradually increased in our overseas business development strategy. Whether it's paying money to creators/users to encourage aggressive user growth, or offering paid services to users, payments have become an important step in our integrated service offerings.

In order to facilitate and provide such services, Global Payments ("GP") was set up. GP is supported by a group of payments licensed entities which are subsidiaries under Bytedance Ltd.

About the role
We are seeking for an AML/CFT Compliance Advisory officer to support the SG MLRO as well as other MLROs across the APAC region to advise and operationalise AML programs.

This role requires someone that is familiar with the AML/CFT requirements in the payment and financial services space across the region, self driven and adaptable to changes to achieve its yearly objectives in a highly fast paced environment.

Key Responsibilities

• Support SG MLRO to provide AML/CFT compliance advisory to the business counterparts in relation to Payment Services Act.
• Working with the local MLROs across the region to operationalise AML/CFT programs
• Liaise with the regulatory bodies where applicable on any AML/CFT related enquiry
• Prepare and maintain AML/CFT policies, procedures and controls in accordance with respective local requirements and global policies
• Support regulatory examinations, internal and external audit engagement
• Monitor for new AML/CFT requirements and implementation including conducting gap analysis
• Prepare regular management reports to the Board and Senior management and Compliance committees in respective APAC entities.

Qualifications

Minimum Qualifications

• 5 years of experience in AML/CFT compliance in a financial institution, preferably at banks/payment institutions/money service business/consulting environment.
• Familiarity with the Payment Services Act and the applicable AML/CFT requirements
• Familiarity with the 3 Lines-of-Defense risk model.
• Strong analytical, research and problem solving skills.
• Good at execution, pressure handling and teamwork.

Preferred Qualifications

• Prior experience working as a regulator or in a payment institution in a regional capacity is a plus
• Ability to organize work, prioritize tasks and handle multiple assignments simultaneously.
• Proven ability to work and execute with minimal supervision or remote management.

Job Information

About Us

Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok, Lemon8, CapCut and Pico as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content.

Why Join ByteDance

Inspiring creativity is at the core of ByteDance's mission. Our innovative products are 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 enrich life - a mission we work towards every day.

As ByteDancers, 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. 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

ByteDance 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 ByteDance, our mission is to inspire creativity and enrich life. 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.