Responsibilities
About the team
In line with Bytedance's globalization plans, there has been an increasing demand for payment services and financial services such as BNPL 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 Payments ("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 for a Compliance lead who is familiar in running a compliance function in a Multi Finance company in Indonesia. The candidate needs to have a strong knowledge of the regulations in relation to Multi Finance issued by Otoritas Jasa Keuangan (OJK); and good knowledge of the AML/CFT requirements and experience dealing with the OJK. The candidate should also be familiar with the regulatory development of Buy Now Pay Later (BNPL) in Indonesia. This role requires someone that is self driven, adaptable to changes and strong leadership qualities to lead the team to achieve its yearly objectives in a highly fast paced environment.
Responsibilities
- Develop and implement internal compliance programs (including training and awareness) tailored to payment activities (e.g. AML/CFT Programs, etc)
- Ensure all compliance related regulatory reports are submitted based on the stipulated timeline
- Provide compliance advisory for both regulatory and AML/CFT matters
Qualifications
Minimum Qualifications:
- Leadership skills to build a high performing compliance function and strong working relationship with internal and external stakeholders
- Strong understanding of financial regulations, particularly those related to Multi Finance and consumer lending issued by OJK
- Experience in conducting regulatory risk assessment, EWRA and developing compliance policy and procedures
Preferred Qualifications:
- 5+ years of experience in both regulatory and AML/CFT compliance, preferably in the Multi-Financing and/or Retail Banking industry with experience dealing with OJK
- Prior experience working as a regulator or in a Multi Finance company with exposure in BNPL is a plus
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 ByteDanceInspiring 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.
