Compliance Officer, Malaysia - Global Payment

About ByteDance Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok 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 Us Creation is the core of ByteDance's purpose. Our products are built to help imaginations thrive. This is doubly true of the teams that make our innovations possible. 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. Status quo? Never. Courage? Always. At ByteDance, we create together and grow together. That's how we drive impact-for ourselves, our company, and the users we serve. Join us. In line with Bytedance's globalization plans, there has been an increasing demand for payment services and financial services such as BNPL to: (1) enhance and support our current business needs; and (2) increase our service offerings to the end user. As such, the need for payment services has gradually increased in our overseas business development strategy. Whether it's paying money to creators/users to encourage user growth, or offering paid services to users, payments have become an important step in our integrated service offerings. In order to facilitate and provide such services, Global Payments ("GP") was set up. GP is supported by a group of payments licensed entities which are subsidiaries under Bytedance Ltd. About the role We are seeking for a Senior Compliance officer who is familiar in running a compliance function for Credit Service company in Malaysia. The candidate needs to have a strong knowledge of the regulations in relation to Consumer Loans issued by the authorities; and good knowledge of the AML/CFT requirements and experience dealing with the authorities. The candidate should also be familiar with the regulatory development of Buy Now Pay Later (BNPL) in Malaysia. This role requires someone that is self driven, adaptable to changes and resourceful to achieve its yearly objectives in a highly fast paced environment. This role will be reporting to the Chief Compliance Officer, MY who oversees both payment financial services for the Malaysia Business.

Minimum Qualifications - 5+ years of experience in both regulatory and AML/CFT compliance, preferably in the Financing and/or Retail Banking industry - Experience dealing with BNM, KPKT and SC - Strong understanding of financial regulations, particularly those related to personal and BNPL issued by authorities - Experience in conducting regulatory risk assessment, EWRA and developing compliance policy and procedures Preferred Qualifications - Prior experience working as a regulator and/or experience working in a MAS/EMI institution is a plus 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.