Head of Financial Crimes and Sanctions Compliance

About Us Founded in 2012, ByteDance's mission is to inspire creativity and enrich life.
With a suite of more than a dozen products, including TikTok, Helo, and Resso, as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content.
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About the Team In line with the globalization strategy and vision of the company, the Global Payments team builds platforms to provide cross-border payment solutions for all ByteDance's products and services worldwide.
We are seeking for a Head of Financial Crimes Compliance (FCC) and Sanctions Compliance to join the leadership team of Global Payments Compliance.
This seasoned leader will drive the strategic direction of our FCC and sanctions compliance program and will be responsible for designing, implementing and overseeing a variety of global FCC programs including but not limited to the Bank Secrecy Act (BSA), anti-money laundering (AML), counter-terrorism financing (CTF), Financial Action Task Force (FATF) recommendations, and sanctions compliance.
This person will lead teams in the United States, LatAm, APAC, and EMEA to ensure our FCC and sanctions compliance programs are scalable as the business expands globally.
This leader is both a strategist and a subject matter expert with extensive knowledge of financial crimes compliance, BSA/AML/CTF/Sanctions, FATF and other international AML regulations/standards, with demonstrable leadership abilities and the ability to collaborate across multiple departments and regions.
This role reports to the Head of Global Payments Compliance.
Key Responsibilities - Lead the development of Global Payments' FCC and sanctions compliance framework, including but not limited to anti-money laundering, counter-terrorist financing and sanctions compliance for our payments business - Ensure the implementation of comprehensive FCC and sanctions compliance policies, procedures, programs and compliance controls (e.
g.
KYC/KYB, transactions monitoring and investigations, list management, sanctions screening and filtering rules, etc) and across all products and geographies - Manage, develop and lead a high performing FCC advisory function, including providing support to the money laundering reporting officers (MLROs) for our regulated business - Provide strategic direction and practical guidance on FCC and sanctions compliance requirements to our business partners to enable the sustainable growth of products and geographic expansion while mitigating risks and protecting our reputation and brands - Monitor for regulatory changes, ensure change management and FCC and sanctions compliance controls are fully implemented within the products and services, with periodic validation, testing and assurance - Ensure proper monitoring and surveillance systems are in place to detect and prevent suspicious activities, including the use of technology and data analytics to identify potential financial crime activities - Ensure periodic FCC and sanctions risk assessments are completed with risk mitigation identified across geographies and products and services, with a particular focus on the regulated entities - Ensure training and awareness programs are in place for employees and business partners - Collaborate with various stakeholder teams across the company, including Legal, Internal Audit, Product, Channel Partnership, Fraud Risk, FCC Operations, and regulatory compliance officers - Provide periodic reporting to senior management and board of directors on FCC and sanctions compliance program development Qualifications - 15+ years in an AML/CTF, including executive or senior leadership positions in global organizations - 10+ years in development and managing teams, including senior compliance leaders - Demonstrated experience in designing and executing complex and global FCC frameworks across the Americas, APAC and EMEA - Strong executive communications skills - ability to distill complex information into business friendly terms, be business forward while always maintaining a high degree of compliance integrity - Low-ego, servant leader mentality with excellent leadership and team management skills - Ability to work efficiently and independently in a fast-paced geographically dispersed environment - Payments and/or financial service industry experience with strong familiarity in related fields, such as anti-bribery and corruption, consumer financial services, international policy, licensing and auditing - Prior work experience as a financial regulator or managing regulatory affairs function - JD, CAMS or CFE certification preferred ByteDance 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 ByteDance, our mission is to inspire creativity and enrich life.
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.
ByteDance Inc.
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 rd.
accommodations@bytedance.
com.