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Head of Legal, Global Payments

Posted Nov 08
Full Time
On Site
Los Angeles, California

Responsibilities

Introduction: 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 its offices include New York, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo. Why join us: Creation is the core of TikTok's purpose. Our platform is built to help imaginations thrive. This is doubly true of the teams that make TikTok possible. Together, we inspire creativity and bring joy - a mission we all believe in and aim towards achieving every day. To us, every challenge, no matter how difficult, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always. At TikTok, we create together and grow together. That's how we drive impact - for ourselves, our company, and the communities we serve. Join us. About the Team: Our Global Legal team provides key support for all TikTok’s innovative initiatives, state-of-the-art products, and integrated platforms servicing our global video market. We help our technological and business teams enable their vision by providing integrated legal guidance and support. The Global Payment business (referred to as PIPO) provides an important role in the monetization of ByteDance products, but is also in the heavily regulated industry of financial services that requires a specific expertise and attention to regulatory compliance requirements. The ideal candidate will have a good background in payments, as well as excellent judgment, acute ability to identify issues of first impression, and have the courage to counsel a fast-moving business. The following describes the responsibilities and requirements for the role. Responsibilities - Serve as the lead attorney for payment matters globally - Advise the Global Payment team on a range of issues including payments, regulatory, consumer protection, marketing, intellectual property, risk assessment/compliance and data privacy related to Bytedance payment activities worldwide with both businesses and consumers. - Structure, draft and negotiate channel partner agreements with our payment partners - Actively collaborate with a wide variety of internal stakeholders, including product, engineering, compliance, marketing, business development on a range of issues related to product development and commercialization of global payment projects and services - Work closely with colleagues across the global legal team to advise on payment issues in connection with the launch of projects or programs in the destination countries/regions. - Help build scalable and effective processes for legal review and launch of new payment features and products - Stay up-to-date and serve as the subject matter expert of financial service regulations, including AML, money transmission, virtual currency, gifts, stored value card, KYC and KYB - Participate as a proactive business partner for senior managers and build a trusted advisor relationship

Qualifications

Minimum Qualifications - Qualified lawyer with proven experience in-house supporting global payment - Familiar with the electronic financial services sector to counsel and assist with payments-related matters and money service business compliance requirements, anti-money laundering rules, know-your-customer requirements, and stored value systems. - An entrepreneurial spirit – a self-starter who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact - A passion for technology and the ability to understand complex business models and product use cases quickly - Excellent judgment and capable of making smart decisions with imperfect information - Strong communication skills (both written and verbal) and presentation skills - Independent, hard-working, well organized and able to prioritize and manage numerous projects simultaneously and ability to work under tight deadlines Preferred Qualifications - Global exposure and experience gained in the Fintech startup space would be highly advantageous 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 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://shorturl.at/cdpT2.

Job Information

【For Pay Transparency】Compensation Description (annually)

The base salary range for this position in the selected city is $304000 - $468160 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.​

Our company benefits are designed to convey company culture and values, to create an efficient and inspiring work environment, and to support our employees to give their best in both work and life. We offer the following benefits to eligible employees: ​

We cover 100% premium coverage for employee medical insurance, approximately 75% premium coverage for dependents and offer a Health Savings Account(HSA) with a company match. As well as Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans. In addition to Flexible Spending Account(FSA) Options like Health Care, Limited Purpose and Dependent Care. ​

Our time off and leave plans are: 10 paid holidays per year plus 17 days of Paid Personal Time Off (PPTO) (prorated upon hire and increased by tenure) and 10 paid sick days per year as well as 12 weeks of paid Parental leave and 8 weeks of paid Supplemental Disability. ​

We also provide generous benefits like mental and emotional health benefits through our EAP and Lyra. A 401K company match, gym and cellphone service reimbursements. 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:​

1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;​

2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and​

3. Exercising sound judgment.