Financial Crimes Compliance Risk Specialist - USDS
: Job Details :

Responsibilities About TikTok U.S. Data Security TikTok is the leading destination for short-form mobile video. Our mission is to inspire creativity and bring joy. U.S. Data Security ( USDS ) is a subsidiary of TikTok in the U.S. This new, security-first division was created to bring heightened focus and governance to our data protection policies and content assurance protocols to keep U.S. users safe. Our focus is on providing oversight and protection of the TikTok platform and U.S. user data, so millions of Americans can continue turning to TikTok to learn something new, earn a living, express themselves creatively, or be entertained. The teams within USDS that deliver on this commitment daily span across Trust & Safety, Security & Privacy, Engineering, User & Product Ops, Corporate Functions and more. 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. Team Intro USDS Financial Crime Compliance is responsible for overseeing and operationalizing all aspects related to Anti-Money Laundering (AML) and Sanctions Compliance activities related to TikTok USDS's operations. Collaborating cross-functionally with stakeholders across the U.S. and global, we address complex and cutting-edge challenges, which include the identification of money-laundering, terrorist financing and sanction violations. We seek a highly motivated, and experienced professional to join our team. In order to enhance collaboration and cross-functional partnerships, among other things, at this time, our organization follows a hybrid work schedule that requires employees to work in the office 3 days a week, or as directed by their manager/department. We regularly review our hybrid work model, and the specific requirements may change at any time. Position Overview As a Risk Specialist, you will ensure our organization's adherence to all relevant US AML and sanctions regulations and internal global AML policy. You will be responsible for assisting with the development, implementation, and oversight of an effective risk assessment program, playing a pivotal role in mitigating risk and safeguarding the organization's integrity and reputation. Responsibilities: - Complete the USDS Financial Crimes' annual AML and Sanctions Risk Assessments to help management understand USDS TikTok's key risks, control weakness, and trends to make informed and effective decisions; - Manage and perform deep-dive investigations and exploratory data analysis to uncover emerging threats and anomalies, liaise with compliance, legal, and business teams to gather intelligence and ensure risk assessments are aligned with organizational priorities; - Document the methodology for customer, geography, and product risk which address money laundering, sanctions and other financial crime risks associated with our products along with the scoring process/rationale of risk and control; - Draft written reports that contain the gaps identified, enhancement opportunities, and recommendations from the risk assessment performed; - Prepare the annual risk reporting for USDS Financial Crime Compliance lead; - Work cross functionally with colleagues across financial crimes, compliance, engineering, product and regulatory legal; - Conduct timely execution of periodic and/or event driven reviews using a risk-based approach to align with policy and regulatory requirements; - Be expected to stay up-to-date with evolving financial crimes regulations, typologies, and industry best practices, and to contribute to the continuous improvement of the team's risk assessment frameworks and techniques. - Perform special projects and additional duties and responsibilities as required. We're seeking an individual who thrives in solving puzzles and devising innovative solutions, effectively collaborates and brings Always Day 1 energy to every task. Qualifications Minimum Qualifications - 3+ years of experience in legal and compliance, financial regulation, or consulting - Experience in either technology or financial services with a focus on payments or e-commerce, with a corresponding understanding of financial technologies - Deep domain expertise in risk assessment and intelligence, enriching our quantitative approach with qualitative insight which helps in addressing emerging risks - Subject-matter-expert in US AML and sanctions regulations, adept at collaborating cross-functionally and communicating effectively with stakeholders - A builder's mindset and strong problem-solving skills. You will need to be able to continually evolve our program and your own expertise in line with TikTok's growth - Proven stakeholder management experience and the ability to understand risk assessment's role across the program and company, and influence business decisions accordingly - Excellent research and writing skills, capable of synthesizing and presenting complex information succinctly and handling confidential information with discretion - Ability to work independently, handle sensitive matters, and adapt to varied hours for global collaboration, supporting non-financial crimes investigations as needed Preferred Qualifications - Experience in fintech or another fast growing and global technology company - Experience working with transaction monitoring, sanctions screening or KYC technologies, with knowledge of financial crime compliance regulations and methodologies. - Strong data literacy and the ability to independently find, interpret and integrate data into your analyses and business recommendations - ACAMS or similar certification D&I Statement 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. Accommodation Statement 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 Data Security Statement This role requires the ability to work with and support systems designed to protect sensitive data and information. As such, this role will be subject to strict national security-related screening.