Product Manager, Sanctions - Global Payment

3 Months ago • 5 Years + • Monetization • $165,120 PA - $311,600 PA

Job Summary

Job Description

ByteDance's Global Payments team is seeking a Product Manager, Sanctions to build a sanctions compliance screening system. This role will be responsible for core list data, scanning logic, alert management systems, customer/transaction screening processes, and RFI development. You will lead research on sanctions screening products within the global payments sector, engage with customer onboarding, and refine the product to maximize its business impact. You will also oversee system integration and workflow optimization.
Must have:
  • Bachelor's degree or higher
  • 5+ years in payments compliance, AML, sanctions systems, or related product roles
  • Experience with global payments, banking, and e-commerce AML and sanctions compliance policies
  • Data analytical skills
  • In-depth understanding of the global AML and sanctions compliance landscape
  • Past experience with auditors, regulators, or business partners
Good to have:
  • Experience working in a cross-functional team and fast-paced environment
  • Compliance product design and operational experience with international or cross-border payment processors
  • Ability to complete product research, requirement analysis, project planning, and system designs
  • Strong problem-solving abilities, embraces challenges, and excels in innovative thinking
  • A collaborative team player with an entrepreneurial mindset, exceptional communication skills
Perks:
  • 100% premium coverage for employee medical insurance
  • 75% premium coverage for dependents
  • Health Savings Account(HSA) with a company match
  • Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans
  • Flexible Spending Account(FSA) Options like Health Care, Limited Purpose and Dependent Care
  • 10 paid holidays per year
  • 17 days of Paid Personal Time Off (PPTO)
  • 10 paid sick days per year
  • 12 weeks of paid Parental leave
  • 8 weeks of paid Supplemental Disability
  • Mental and emotional health benefits through EAP and Lyra
  • 401K company match
  • Gym and cellphone service reimbursements

Job Details

Responsibilities
Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok and Helo 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. About the Team In line with the globalization strategy and vision of the company, the Global Payments team builds platforms to provide cross-border payment solutions for all ByteDance's products and services worldwide. Responsibilities - Responsible for building a sanctions compliance screening system for Global Payment, including core list data, foundational scanning logic and algorithms, alert management systems, customer/transaction screening processes, and the development of transaction and channel RFI (Request for Information). - Lead research on sanctions screening products within the global payments sector, leveraging research to identify advanced product solutions. Proactively seek internal collaboration with existing advanced technologies or capabilities, and plan product development and design solutions. - Engage with customer onboarding, transaction scanning, compliance policy, and operational needs, refining the sanctions screening product to maximize its business impact, and collaborate with development teams to ensure product implementation. - Oversee the integration of the sanctions screening system with surrounding systems and the optimization of the scanning workflow to enhance service efficiency continually.
Qualifications
Minimum Qualifications - Bachelor's degree or higher with 5 years in payments compliance, anti-money laundering (AML), sanctions systems, or related product roles. - Relevant experience and domain knowledge of global payments, banking, and e-commerce AML and sanctions compliance policies and procedures. - Data analytical skills to determine control effectiveness, measure customer impacts, and articulate risks. - An in-depth understanding of the global AML and sanctions compliance landscape, including regulatory updates, with the ability to determine future strategic directions clearly and accurately. - Past experience with auditors, regulators, or business partners. Preferred Qualifications - Experience of working in a cross-functional team and fast-paced environment to deploy complex compliance applications or projects. - Compliance product design and operational experience with international or cross-border payment processors or service providers. - Ability to complete product research, requirement analysis, project planning, and system designs independently, with the skill to coordinate with development and testing teams to ensure high-quality product deployments. - Demonstration of strong problem-solving abilities, embraces challenges, and excels in innovative thinking. - A collaborative team player with an entrepreneurial mindset, exceptional communication skills, and a steadfast commitment to work with passion and responsibility. 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. ByteDance Inc. 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://shorturl.at/cdpT2.
Job Information
【For Pay Transparency】Compensation Description (annually)

The base salary range for this position in the selected city is $165120 - $311600 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.

Our company benefits are designed to convey company culture and values, to create an efficient and inspiring work environment, and to support our employees to give their best in both work and life. We offer the following benefits to eligible employees:

We cover 100% premium coverage for employee medical insurance, approximately 75% premium coverage for dependents and offer a Health Savings Account(HSA) with a company match. As well as Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans. In addition to Flexible Spending Account(FSA) Options like Health Care, Limited Purpose and Dependent Care.

Our time off and leave plans are: 10 paid holidays per year plus 17 days of Paid Personal Time Off (PPTO) (prorated upon hire and increased by tenure) and 10 paid sick days per year as well as 12 weeks of paid Parental leave and 8 weeks of paid Supplemental Disability.

We also provide generous benefits like mental and emotional health benefits through our EAP and Lyra. A 401K company match, gym and cellphone service reimbursements. 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.

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