Description:
Responsibilities:About the Team:
This role is
part of the Global Payments Legal team within the Global Legal Corporate
Compliance organization. The Global Payments business plays a critical
role in the monetization of TikTok, operating in the heavily regulated
financial services industry. This demands specific expertise and close
attention to regulatory compliance.
- The ideal candidate will bring a strong payments background, excellent judgment, a keen ability to identify issues of first impression, and the confidence to counsel a fast-moving business.
- Interpret federal and state money transmission laws, stored value laws, and payment network rules, and provide strategic guidance to Lines of Business to ensure payments regulatory compliance across the U.S., Canada, and LATAM.
- Advise product counsel on new products and features by providing subject matter expertise in payments and financial services.
- Review and negotiate agreements with third-party payment service providers, financial services companies, and banks in partnership with Payments Commercial Legal.
- Manage cross-functional projects spanning multiple departments, partners, and product offerings across the Americas.
- Communicate complex risk, legal, and regulatory concepts clearly to internal and external stakeholders.
- Build strong working relationships with business leaders, fostering a culture of payments compliance and trust.
- Support the E-Commerce, LIVE, Global Payments, and Global Legal Compliance teams with additional projects and ad-hoc work as needed.
Qualifications:
Minimum Qualifications:
- J.D. (or equivalent law degree) and active bar membership in at least one U.S. jurisdiction.
- Experience advising on U.S. federal and state money transmission, stored value, and prepaid access laws.
- Experience with payments regulatory compliance in the fintech or financial services industry.
- Demonstrated ability to interpret regulations and regulatory guidance and translate them into actionable business advice.
- Experience working with cross-functional teams, including legal, compliance, product, and business stakeholders.
- Strong written and verbal communication skills, with the ability to simplify complex regulatory concepts for non-legal audiences.
- Experience reviewing and negotiating commercial agreements with payment service providers or financial institutions.
Preferred Qualifications:
- Experience with payment network rules in the U.S. and Canada; similar experience in LATAM is a plus.
- Experience with payment product compliance advisory and review, including risks and regulations applicable to consumer-facing financial products.
- Exposure to the creator economy, e-commerce, or digital platform industries.
- Ability to take a leadership role in addressing complex and ambiguous legal matters with a high degree of autonomy.
- Global or regional experience in the fintech startup space.
- Strong analytical and problem-solving skills with a solutions-oriented approach.
- Ability to manage a high-volume workload and meet critical deadlines in a fast-paced, multi-timezone environment.
Job Information:
For Pay Transparency -Compensation Description (Annually)
The base salary range for this position in the selected city is $153600 - $287280 annually.
Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.
Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others. Employees also receive 10 paid holidays per year, 10 paid sick days per year and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure).
The Company reserves the right to modify or change these benefits programs at any time, with or without notice.
For Los Angeles County (unincorporated) Candidates:
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:
- Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
- Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
- Exercising sound judgment.
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.
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.
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.
Diversity & Inclusion
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.
TikTok Accommodation
TikTok is committed to providing reasonable accommodations in our recruitment processes for candidates with disabilities, pregnancy, sincerely held religious beliefs or other reasons protected by applicable laws. If you need assistance or a reasonable accommodation, please reach out to us at https://tinyurl.com/RA-request