Legal Counsel/ Senior Legal Counsel (Payments), London

Legal Counsel/ Senior Legal Counsel (Payments), London at TikTok in London, United Kingdom.

Responsibilities

The Payments Counsel will be part of the Payments Legal team, and will serve TikTok, Bytedance and its affiliates, in respect of payments compliance matters with respect to Europe and the UK. The ideal candidate should have a good background in payments, product counseling as well as excellent judgment, acute ability to identify issues on first impression, and have the courage to counsel a fast-moving business.

• Counsel and partner with product teams on a range of payment issues such as money transfer services, e-money, payment tokens, AML, gifts, stored value cards and facilities relevant to the region. This includes:
• Actively collaborating and providing guidance with a wide variety of internal stakeholders, including product, compliance, business development on a range of issues related to product development and commercialisation of global payment projects and services;
• Working closely with colleagues across the global legal team to advise on payment issues in connection with the launch of features, projects or programs or payment solutions; and
• Assisting and providing guidance to the global payments business regarding payments licensing and dealing with regulators.
• Help build scalable and effective processes for legal review and launch of new payment solutions, features and products.
• Stay up-to-date and serve as the subject matter expert of financial service regulations, including AML, money transmission, virtual currency, gifts, stored value cards and facilities, KYC, and KYB in the EU/UK region.
• Participate as a proactive business partner for senior managers and build a trusted advisor relationship with the various businesses within the group, including the TikTok product and global payment businesses.

Requirements

• Qualified lawyer with a minimum of 5 years experience in the fintech/payments industry dealing with money service business compliance requirements, anti-money laundering rules, know-your-customer requirements, and stored value facilities. Possess knowledge of sanctions and other financial crimes compliance rules and regulations.
• Global or regional exposure and experience gained in the Fintech startup space or creator economy industry is highly advantageous.
• Knowledge and experience with payment product compliance advisory and review. Experience managing global or regional compliance, as well as the risks and regulations applicable to consumer-facing financial services and products.
• Ability to understand and interpret regulations and regulatory guidance, and adept in simplifying complex themes into understandable communications.

Preferred Qualifications

• A passion for technology and the ability to understand complex business models and product use cases quickly.
• Hands-on experience managing distinct projects and programs, with particularly strong skills in stakeholder management and influence and a strong sense of ownership. An entrepreneurial spirit - a self-starter who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact.
• Excellent cross-functional collaboration skills, including navigating leadership, external partners, and regulators and exercising sound compliance judgment in a complex and challenging environment;
• Has initiative, a positive attitude, collaborative and a confident self-starter who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact;
• Pragmatic and possess strong analytical and problem solving skills.
• Independent, hard-working, well organised and able to prioritise and manage numerous projects simultaneously and the ability to work under tight deadlines.

About the Company

The Global Business Solutions (GBS) team is responsible for the revenue growth of the TikTok business, and our teams include Sales, Marketing, Ops, Account Managers, Agency and partnerships, as well as Marketing Science.

At TikTok, our Global Business Solutions (GBS) team plays a key role in generating revenue by promoting our advertising solutions, onboarding new clients, driving ad campaigns, and more. As the TikTok community grows at an unprecedented speed around the world, our GBS team leads groundbreaking projects that are changing the landscape of the advertising industry in real time.

We're seeking an analytically driven, and detail-oriented Client Solutions Manager (CSM) Intern to join our Ecommerce Team. As a CSM, you will partner closely with Client Partners and Client Solutions Managers to drive revenue by identifying opportunities, leveraging data insights, and delivering consultative solutions for advertisers.

This role centers on client education, relationship growth, data analysis, and campaign success. You will provide strategic recommendations to both clients and internal teams, ensuring campaigns achieve business objectives while optimizing long-term partnerships. Success in this role requires strong data analytics skills, adaptability in a fast-paced environment, and a test-and-learn mindset to uncover the best solutions.