Corporate Functions

TikTok Shop Financial Crime Compliance Advisor - Global Payment

Location
:

Singapore

Employment Type
:

Regular

Job Code
:

A59534

Responsibilities

About the Team
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.

2. Leadership and Oversight:

• Provide leadership, guidance, and support to the financial crimes compliance team.
• Develop and maintain strong working relationships with key stakeholders across the organization, including TikTok Shop, Governance and Experience, Legal, Operations, Technology, and Risk business units.
• Monitor and analyze relevant AML/CTF regulations, enforcement actions, and industry trends to identify potential impacts on the company's compliance program.
• Contribute to the development and implementation of AML/CTF policies, procedures, and internal controls.
• Act as Global Payments point of contact to support internal and external audits and regulatory examinations related to AML/CTF compliance.
• Assist in the investigation of potential AML/CTF violations and the development of remediation plans.
• Prepare and present reports on AML/CTF compliance activities to senior management and relevant committees.

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

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.

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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.

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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.

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Diversity & Inclusion

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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.