TikTok Shop Financial Crime Compliance Advisor - Global Payment

Responsibilities

• 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.

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.