Global Payments Counsel, Financial Services
San Jose Regular Corporate Function / Support - Legal Job ID: A177963
Responsibilities
About the Team: PIPO is ByteDance’s Global Payments Business, playing a crucial role in the monetization of ByteDance products while operating in a highly regulated financial services environment. Given the complexity of the regulatory landscape, we require experienced legal professionals with deep expertise in payments, financial services regulation, and compliance. We are seeking an experienced Global Payments/Financial Services Legal Counsel to provide strategic commercial legal advice and ensure compliance across PIPO’s payments and financial services operations in the Americas (including Latin America) region. This role is pivotal in advising on complex regulatory and commercial matters, structuring compliant business models, and supporting the development of innovative payments and financial services solutions while ensuring adherence to AML, KYC, and other key regulatory frameworks. Key Responsibilities: - Focused on commercial work, but also advises on a range of issues including financial services regulation (e.g. Consumer/merchant financing, purchase protection, etc), consumer protection, KYC, risk assessment/compliance related to the financial services businesses worldwide. - Structure, draft, and negotiate a wide range of agreements with our various partners supporting the financial services businesses. - Actively collaborate with a wide variety of internal stakeholders, including product, engineering, compliance, marketing, business development, and risk on a range of issues related to product development and commercialization of financial services products and services. - Work closely with colleagues across the global legal team to advise on general issues in connection with the launch of projects or programs in the destination countries/regions. - Help build scalable and effective processes for legal review and launch of new features and products. - Stay up-to-date and serve as the subject matter expert of financial service regulations, including AML, KYC and KYB and other ancillary topics related to financial services. - Participate as a proactive business partner for senior managers and build a trusted advisor relationship.
Qualifications
Minimum Qualifications: - Qualified lawyer in the US, preferably NY or CA, with relevant experience, preferably across both private practice and in-house, with exposure in Technology, FinTech &/or Financial Services industries. - Strong understanding of the financial services sector, including knowledge of compliance requirements such as consumer protection, anti-money laundering rules, know-your-customer requirements, etc. - Strong contract negotiation skills with a focus on payments, financial services, technology, and commercial agreements. - Ability to navigate matters independently, demonstrate excellent judgment and decision-making capability with imperfect information. - Ability to navigate complex regulatory environments and provide practical, business-oriented legal solutions. - Exceptional stakeholder management, communication skills, with the ability to collaborate across legal, compliance, product, and risk functions. Preferred Qualifications: - Experience working with other jurisdictions in the Americas region, like Canada and Latin America. - Ability to work in a fast-paced environment while demonstrating flexibility, commitment to teamwork, and a willingness to change assignments meet clients' needs. Anticipates clients needs and delivers with timeliness, accurately sensing the urgency and sensitivity to the situation. - Ability to manage heavy workload volume and meet critical deadlines with little supervision. - Proactively makes recommendations for necessary process improvements. - Demonstrates an in-depth understanding of the clients' business, industry and organization and shows support for delivery of the product, services and initiatives of the organization. - Proactively identifies problems or issues and takes lead in resolving issues.
Job Information
【For Pay Transparency】Compensation Description (Annually) The base salary range for this position in the selected city is $170666 - $319200 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.
About UsFounded 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.
Reasonable AccommodationByteDance 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 https://tinyurl.com/RA-request
