Frontline Compliance Partner - TikTok Money Platform

Frontline Compliance Partner - TikTok Money Platform About TikTok TikTok is the leading destination for short-form mobile video. At TikTok, our mission is to inspire creativity and bring joy. TikTok's global headquarters are in Los Angeles and Singapore, and its offices include New York, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo. Why Join Us Creation is the core of TikTok's purpose. Our products are built to help imaginations thrive. Together, we inspire creativity and enrich life - a mission we aim towards achieving every day. To us, every challenge, no matter how ambiguous, is an opportunity; to learn, to innovate, and to grow as one team. Join us. Responsibilities: AML Policy and Procedure Review:

• Assist in reviewing the effectiveness and operational applicability of AML policies and procedures developed by the 2nd Line of Defense.
• Provide feedback on the practical implications of these policies and their impact on business operations.

Collaboration and Strategy Development:

• Work closely with the 2nd Line of Defense to design and establish transaction monitoring (TM) strategies and robust Know Your Customer (KYC) controls.
• Contribute to the development of risk-based solutions to enhance compliance and operational workflows.

Preventive Control Design and Implementation:

• Design and implement preventive controls within business operations to mitigate identified AML risks proactively.
• Regularly review and update these controls to adapt to emerging risks and regulatory changes.

Escalations and RFI Assessment:

• Review escalated AML cases and evaluate whether further information requests (RFIs) are required to address potential risks effectively.
• Provide clear, actionable recommendations for handling escalations.

Operational Effectiveness and Balancing Expectations:

• Act as a bridge between the 1st and 2nd Lines of Defense to balance expectations and maintain operational effectiveness without compromising compliance standards.
• Ensure efficient resolution of compliance challenges while adhering to regulatory requirements.

Training and Awareness:

• Facilitate AML training workshops to ensure 1st Line staff are knowledgeable about compliance requirements and equipped to meet regulatory expectations.
• Promote a culture of compliance and awareness across the organization.

Relationship Management: - Maintain and strengthen relationships with the 2nd Line of Defense to ensure seamless communication and alignment on compliance objectives. Qualifications Minimum Qualifications:

• Bachelor’s degree in Business, Finance, Law, or related field.
• Proven years of experience in AML compliance, operations, or related roles.
• Strong understanding of AML regulations, KYC principles, and transaction monitoring.
• Excellent communication and interpersonal skills to collaborate across functional teams.
• Analytical mindset with the ability to assess risks and propose practical solutions.
• Proficiency in regulatory compliance requirements and related operational expectations.
• Strong organizational and time management skills.

Preferred Qualifications:

• Proactive problem-solving and decision-making.
• Ability to manage competing priorities in a dynamic environment.
• Collaborative and relationship-focused approach to achieving compliance objectives.
• High ethical standards and commitment to regulatory compliance.

TikTok is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. We celebrate our diverse voices and aim to create an environment that reflects the many communities we reach. Seniority level Not Applicable Employment type Full-time Job function Finance and Sales Industries Technology, Information and Internet #J-18808-Ljbffr