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Head of Product Compliance
ByteDance Austin, TX
$195k-261k (estimate)
Full Time 7 Months Ago
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ByteDance is Hiring a Head of Product Compliance Near Austin, TX

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.
Why Join Us
Creation is the core of ByteDance's purpose. Our products are built to help imaginations thrive. This is doubly true of the teams that make our innovations possible.
Together, we inspire creativity and enrich life - a mission we aim towards achieving every day.
To us, every challenge, no matter how ambiguous, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always.
At ByteDance, we create together and grow together. That's how we drive impact - for ourselves, our company, and the users we serve.
Join us.
About the Team
In line with the globalization strategy and vision of the company, the Global Payments team builds a platform to provide cross-border payment solutions for all ByteDance's products and services, that are growing rapidly worldwide.
We are seeking for a Global Head of Product Compliance to oversee and manage product compliance initiatives and ensuring that all products meet regulatory standards and requirements in various markets worldwide. This role requires extensive knowledge of international product compliance regulations, strong leadership abilities, and the ability to collaborate across multiple departments and regions.
Key Responsibilities
  • Develop overall product compliance implementation strategy by empowering product teams to build compliant-by-design new products and services
  • Establish proper product launch governance to ensure all compliance controls are implemented correctly by the product team
  • Advising product team on how to implement regulatory requirements in a customer-oriented way while fully adhering to regulatory requirements
  • Ensure regulatory analysis of new products and services are performed and well-documented, and that related controls are implemented consistently prior to launch for each market we operate in
  • Collaborate with in country compliance CCOs, regional head of compliance, FinCrimes compliance team and product team on product design to ensure compliance controls are in place
  • Monitor and assess the compliance of all products with applicable regulations in multiple countries
  • Ensure proper compliance change controls are in place, where issues are identified, work with Compliance Oversight team to ensure remediation plans are implemented properly
  • Advise product and operational teams on how to interpret regulatory requirements or improve processes to avoid regulatory breaches and/or incidents
  • Represent Global Payments in external meetings with third party channel partners and be able to clearly and effectively articulate all of our payments product offerings and its compliance controls
  • Develop, manage and lead the global product compliance team in different regions and countries
  • Stay abreast of evolving global product compliance regulations and trends
  • Provide guidance to internal teams on regulatory requirements for new product development and existing product enhancements
  • Conduct new product risk assessments to identify and address potential compliance issues
  • Develop and implement risk mitigation strategies related to product compliance
  • Prepare and present compliance reports to senior executives and stakeholders
  • Communicate updates on product compliance initiatives to relevant teams and departments
Qualifications
  • Similar product compliance role or CCO in multi-national fintech or financial services industry preferred
  • Ability to prioritize effectively and identify key areas of improvement and implementation required from a regulatory point of view
  • Ability to effectively communicate with Product Managers and Engineers, and provide practical, actionable, and value added compliance recommendations
  • Expert of major international financial regulations and familiarity of regulatory regimes in the Americas, APAC and Europe
  • Ability to analyze and interpret complex regulatory frameworks and apply them effectively
  • Ability to navigate complex regulatory environments across different jurisdictions (e.g. U.S. State MSB regulators, FinCEN, Fintrac, Central Bank of Brazil, Central Bank of Ireland, MAS, etc)
  • Ability to deal with multiple regulatory domains (i.e. regulatory licensing, consumer protection, payments, BSA/AML/sanctions, privacy, etc ) and to understand how they interact with one-another
  • More than 12 years of experience in product compliance management, with a strong track record of enabling products in a compliant way
  • Deep understanding of international product compliance regulations, standards, and best practices
  • Excellent leadership and team management skills
  • Strong analytical and problem-solving abilities
  • Exceptional communication and interpersonal skills
  • Juris Doctorate a plus
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.

Job Summary

JOB TYPE

Full Time

SALARY

$195k-261k (estimate)

POST DATE

10/18/2023

EXPIRATION DATE

05/14/2024

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