About Global Payment

The Global Payment team of Bytedance provides payment solutions - including payment acquisitions, disbursements, transaction monitoring, payment method management, foreign exchange conversion, accounting, reconciliations, and so on to ensure that our users have a smooth and secure payment experience on ByteDance platforms including TikTok.

The Compliance team in Global Payment is responsible for protecting users and communities by validating user identities while onboarding and transacting, and establishing control pre and post transaction to prevent money laundering and other illegal activities. In addition, the team ensures the platform adheres to the requirements of financial regulations, financial supervision, and customs.

Responsibilities:

AML Transaction Monitoring Analysis and Strategy

- Partner with business lines (live streaming, e-commerce etc.) to understand their business models and risk exposure, and design monitoring rules and models. Conduct monitoring effectiveness analysis and reporting if needed.

- Support AML operations including executing AML related reviews, managing and documenting identified financial crime risks, designing solutions based on set procedures and policies as well as technical capabilities.

- Support the evolution of transaction monitoring life cycle, including reviews of monitoring rules, conduct periodic threshold tuning and validation, and perform underlying data analysis.

Transaction Monitoring Product and Project Management

- Based on business line nature, design monitoring models and rules including tuning, calibration, optimization and validation.

- Coordinate with cross-functional teams to implement the rules and strategies.

- Work collaboratively with cross-functional teams within Global Payment to ensure effective and efficient operations with clearly defined roles and responsibilities.

- Work independently and can resolve complex problems.

- Apply project management skills to support operational projects.

- Apply professional judgment and attention to detail when interpreting data and results based on analysis.

Qualifications

Minimum Qualifications:

- Bachelor's degree, and preferably Master's degree or equivalent experience.

- Strong data analytical and research skills, attention to details, excellence in executing, great at problem solving, self-driven and can handle pressure;

- Familiar with implementing, testing and evaluating performance of monitoring systems. Have solid and comprehensive understanding of AML compliance related risks.

- Experience in submitting suspicious transaction reports.

- Knowledge of AML data including KYC, customer, merchant and transactional data.

- Ability to collaborate with cross functional teams in multiple regions to organize projects, prioritize tasks, and handle multiple assignments simultaneously.

Preferred Qualification:

- Minimum 5 years of experience in strategy related positions, and preferably experience in one of the following industries: Fintech, live streaming, e-commerce, ads, games etc.