Global Payments Compliance Counsel (METAP), Dubai

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." The Team This role will be part of the global payments legal team reporting directly into the Global Legal Compliance organization and serves TikTok and the ByteDance group of companies. The Global Payments business within the Group provides an important role in the monetization of TikTok and Bytedance products, but is also in the heavily regulated industry of financial services that requires specific expertise and attention to regulatory compliance requirements. The Role The ideal candidate should have a good background in payments, as well as excellent judgment, acute ability to identify issues of first impression, and have the courage to counsel a fast-moving business. Responsibilities - Advise and counsel relevant Bytedance product teams and/or the Global Payments team on a range of payment matters including payments and risk assessment/compliance related to the Bytedance payment activities in the Middle East, Turkey, Africa and Pakistan (the "Region"), and this includes: - Actively collaborating and providing guidance with a wide variety of internal stakeholders, including product, engineering, compliance, marketing, business development on a range of issues related to product development and commercialization of global payment projects and services. - Working closely with colleagues across the global legal team to advise on payment issues in connection with the launch of features, projects or programs. - Assisting and providing guidance to the Global Payments team regarding payments licensing and dealing with regulators. - Structuring, drafting, and negotiating channel partner agreements with our payment partners. - Help build scalable and effective processes for legal review and launch of new payment features and products. - Stay up-to-date and serve as the subject matter expert of financial service regulations, including AML, money transmission, virtual currency, gifts, stored value cards and facilities, KYC, and KYB in the region. - Participate as a proactive business partner for senior managers and build a trusted advisor relationship with various businesses within the group, including the METAP TikTok product and Global Payments businesses.
Minimum Qualification - Qualified lawyer with experience in the fintech/payments industry dealing with money service business compliance requirements, anti-money laundering rules, know-your-customer requirements, and stored value facilities in the Region. - Possess knowledge of sanctions and other financial crimes compliance rules and regulations in the Region. - Global or regional exposure and experience gained in the Fintech startup space or creator economy industry is highly advantageous. - Knowledge and experience with payment product compliance advisory and review. - Experience managing global or regional compliance, as well as the risks and regulations applicable to consumer-facing financial services and products. - Ability to understand and interpret regulations and regulatory guidance, and adept in simplifying complex themes into understandable communications. Preferred Qualifications - A passion for technology and the ability to understand complex business models and product use cases quickly. - Hands-on experience managing distinct projects and programs, with particularly strong skills in stakeholder management and influence and a strong sense of ownership. An entrepreneurial spirit – a self-starter who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact. - Excellent cross-functional collaboration skills, including navigating leadership, external partners, and regulators and exercising sound compliance judgment in a complex and challenging environment; - Has initiative, a positive attitude, collaborative and a confident self-starter who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact; - Pragmatic and possess strong analytical and problem solving skills. - Independent, hard-working, well organized and able to prioritize and manage numerous projects simultaneously and the ability to work under tight deadlines. 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.