About this role
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 social media platform. 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 company products. Many of PIPO's initiatives are in heavily regulated financial services that require specific expertise and attention to regulatory compliance requirements. The ideal candidate will have a strong background in the global payments and Fintech industry, as well as excellent judgment, acute ability to identify issues, and have the ability to counsel a fast-moving business. The following describes the responsibilities and requirements for the role.
Responsibilities
- Serve as the lead legal business partner and counsel for the Global Payments organization leading a team of legal professionals across all payment and financial services matters globally
- Advise the Global Payment team on a range of issues including payments, lending, financial services, regulatory, consumer protection, marketing, intellectual property, risk assessment/compliance and data privacy related to the company's financial services 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 financial 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 diverse 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 on financial service regulations for the company, including payments, money transmission, virtual currency, gifts, stored value card, lending, KYC and KYB
- Participate as a proactive business partner for senior managers and build a trusted advisor relationship
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 social media platform. 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 company products. Many of PIPO's initiatives are in heavily regulated financial services that require specific expertise and attention to regulatory compliance requirements. The ideal candidate will have a strong background in the global payments and Fintech industry, as well as excellent judgment, acute ability to identify issues, and have the ability to counsel a fast-moving business. The following describes the responsibilities and requirements for the role.
Responsibilities
- Serve as the lead legal business partner and counsel for the Global Payments organization leading a team of legal professionals across all payment and financial services matters globally
- Advise the Global Payment team on a range of issues including payments, lending, financial services, regulatory, consumer protection, marketing, intellectual property, risk assessment/compliance and data privacy related to the company's financial services 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 financial 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 diverse 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 on financial service regulations for the company, including payments, money transmission, virtual currency, gifts, stored value card, lending, KYC and KYB
- Participate as a proactive business partner for senior managers and build a trusted advisor relationship