Regulatory Affairs and Licensing Compliance Officer, APAC - Global Payment
ByteDance
Responsibilities
About Global Payment In line with ByteDance's globalization plans, there has been an increasing demand for payment services to: (1) enhance and support our current business needs; and (2) increase our service offerings to the end user. As such, the need for payment services has gradually increased in our overseas business development strategy. Whether it's paying money to creators/users to encourage user growth, or offering paid services to users, payments have become an important step in our integrated service offerings. In order to facilitate and provide such services, Global Payment ("GP") was set up. GP is supported by a group of payments licensed entities which are subsidiaries under ByteDance Ltd. About the role We are seeking a Regulatory Affairs and Licensing Compliance officer to support the APAC Compliance Officer in providing regulatory compliance oversight over licensed entities and supporting the licensing agenda within the APAC region. This role requires someone that is familiar with the payments regulatory regime, self driven and adaptable to changes to achieve its yearly objectives in a highly fast paced environment. Responsibilities - Stay informed about changes in financial regulations and compliance standards in APAC countries. - Coordinate and support onsite regulatory examinations and audits (internal/external) by regulators and auditors - Track, renew, and manage payment licenses in APAC countries. - Coordinate with regulatory bodies to ensure timely and accurate license applications. - Conduct regular assessments to ensure ongoing compliance with licensing requirements. - Provide expertise on licensing requirements for new market entries and expansions. - Draft clear compliance requirements and work with tech and product teams to translate into engineering requirements. - Ensure compliance requirements are implemented by establishing project plans, defining owners and milestones and management reporting to senior management. - Promote a culture of compliance, proactively engaging peers and stakeholders across business, operations, and technology teams to educate on compliance awareness
Qualifications
Minimum Qualifications: - 5+ years of experience in regulatory change management, compliance or advisory roles in a financial institution, preferably at banks/payment institutions/money service business/consulting environment. - Prior experience working as a regulator or working in a payment institution with regional exposure - Hands-on, with working familiarity on compliance related matters, especially with the implementation and operationalization of regulations, rules, policies and processes. - Experience running regulatory change management projects at country or regional level Preferred Qualifications: - Good analytical, project management and problem solving skills. - Good at execution, pressure handling and teamwork. - Ability to organize work, prioritize tasks and handle multiple assignments simultaneously. - Proven ability to work and execute with minimal supervision
Job Information
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, Lemon8, CapCut and Pico 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 ByteDance
Inspiring creativity is at the core of ByteDance's mission. Our innovative products are 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 enrich life - a mission we work towards every day.
As ByteDancers, 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. 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
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.