Financial Crimes Compliance Risk Specialist

Responsibilities
Team Intro

USDS Financial Crimes Compliance is responsible for overseeing and operationalizing all aspects related to Anti-Money Laundering (AML) and Sanctions Compliance activities related to TikTok USDS. Collaborating cross-functionally with stakeholders across the U.S. and globally, we address complex and cutting-edge challenges, which include the identification of money-laundering, terrorist financing and sanction violations. We seek a highly motivated, experienced, and dynamic professional to join our team.

About the Role

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:

• Create or enhance policy and procedure in response to internal changes and evolving regulatory requirements, amend key program documentation through monitoring regulatory changes, and coordinate implementation of required updates with internal teams and external vendors.

• 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 the enterprise-wide BSA/AML/OFAC governance framework design, execution, and improvement, leveraging deep knowledge of AML and sanctions-related regulations, money laundering typologies, and industry best practices.

• Develop and implement a data-driven Business-Wide Risk Assessment (BWRA) methodology for TikTok Live, TikTok Shop, and other products, evaluating inherent customer, geographic, and product/service risks, assessing control effectiveness, and identifying areas for improvement in collaboration with Business teams.

• Conduct New Product Risk Assessments (NPRA) to evaluate and summarize new TikTok features and products for BSA/AML and OFAC risk exposure and deliver actionable guidance to ensure operational, strategic, and regulatory readiness across FCC and USDS.

• Maintain and execute the internal BSA/AML and OFAC training program across frontline, second line, and leadership audiences ensure awareness and procedures for identification, escalation, and mitigation of financial crime risks.

• Manage and continuously improve the FCC Change Management process in response to internal and external changes, ensuring comprehensive review and timely execution of updates within defined SLAs.

• Draft written reports that contain the gaps identified, enhancement opportunities, and recommendations from the risk assessment performed;

• 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 along with the ability to work independently, handle high-priority 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

About USDS
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.​

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On-site presence across teams allows the company to operate with greater speed, alignment, and agility — especially in areas like real-time decision-making, team development, and integrated execution. As such, the company is shifting from a hybrid work model to a fully in-person schedule up to 5 days a week.​

Why Join Us
Inspiring creativity is at the core of TikTok's mission. Our innovative product is 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 bring joy - a mission we work towards every day.​

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. Every challenge is an opportunity to learn and innovate as one team. We're resilient and embrace challenges as they come. 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.​

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Diversity & Inclusion​

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.​

USDS Reasonable Accommodation
USDS 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 ​

Job Information
【For Pay Transparency】Compensation Description (Annually)

The base salary range for this position in the selected city is $ $196000 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.​

Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others. Employees also receive 10 paid holidays per year, 10 paid sick days per year and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure).​

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.​