Job Description
Responsibilities
About the team
Livestream Team is committed to creating real-time interactive scenes, As a new form of content, livestream creates value for all parties in the ecology. Livestream provides users with a unique consumption experience and further generalizes content. It is also a new way of employment to provide more direct fan interaction and deepen relationships to authors; It provides healthy and objective revenue to the platform and promotes content exclusivity. It also serves as a new infrastructure for the expansion of ecological boundaries.
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. Relationship Management:
- Maintain and strengthen relationships with the 2nd Line of Defense to ensure seamless communication and alignment on compliance objectives.
Qualifications
Minimum Qualification(s)
- Bachelor's degree in Business, Finance, Law, or related field.
- Experiences 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 Qualification(s)
- 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.
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 we also have offices in New York City, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo.
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.
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.
