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Exciting job Opportunity at ByteDance
ByteDance, a leading organization in the legal industry, is seeking a talented Global Payments Counsel, Financial Services to join their team in San Jose, Ca. This is an excellent opportunity for a Counsel professional to advance their career in Legal.
Position Overview
- Position: Global Payments Counsel, Financial Services
- Company: ByteDance
- Location: San Jose, Ca
- Type: Job
- Work Arrangement: Hybrid
- Experience Level: Counsel
- Practice Area: Legal
- Compensation: $170,667 - $376,200/year
About the Role
This Global Payments Counsel, Financial Services position offers an outstanding opportunity to work with ByteDance's dynamic legal team. The role involves:
Qualifications
- Qualified lawyer in the US, preferably NY or CA, with relevant experience, preferably across both private practice and in-house, with exposure in Technology, FinTech &/or Financial Services industries
- Strong understanding of the financial services sector, including knowledge of compliance requirements such as consumer protection, anti-money laundering rules, know-your-customer requirements, etc
- Strong contract negotiation skills with a focus on payments, financial services, technology, and commercial agreements
- Ability to navigate matters independently, demonstrate excellent judgment and decision-making capability with imperfect information
- Ability to navigate complex regulatory environments and provide practical, business-oriented legal solutions
- Exceptional stakeholder management, communication skills, with the ability to collaborate across legal, compliance, product, and risk functions
- Anticipates clients needs and delivers with timeliness, accurately sensing the urgency and sensitivity to the situation
- Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
- Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
Benefits
- 【For Pay Transparency】Compensation Description (Annually)
- The base salary range for this position in the selected city is $170667 - $376200 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
- Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others
- Employees also receive 10 paid holidays per year, 10 paid sick days per year and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure)
Responsibilities
- This role is pivotal in advising on complex regulatory and commercial matters, structuring compliant business models, and supporting the development of innovative payments and financial services solutions while ensuring adherence to AML, KYC, and other key regulatory frameworks
- Focused on commercial work, but also advises on a range of issues including financial services regulation (e.g. Consumer/merchant financing, purchase protection, etc), consumer protection, KYC, risk assessment/compliance related to the financial services businesses worldwide
- Structure, draft, and negotiate a wide range of agreements with our various partners supporting the financial services businesses
- Actively collaborate with a wide variety of internal stakeholders, including product, engineering, compliance, marketing, business development, and risk on a range of issues related to product development and commercialization of financial services products and services
- Work closely with colleagues across the global legal team to advise on general issues in connection with the launch of projects or programs in the destination countries/regions
- Help build scalable and effective processes for legal review and launch of new features and products
- Stay up-to-date and serve as the subject matter expert of financial service regulations, including AML, KYC and KYB and other ancillary topics related to financial services
- Participate as a proactive business partner for senior managers and build a trusted advisor relationship
- Ability to manage heavy workload volume and meet critical deadlines with little supervision
- Proactively makes recommendations for necessary process improvements
- Demonstrates an in-depth understanding of the clients' business, industry and organization and shows support for delivery of the product, services and initiatives of the organization
- Proactively identifies problems or issues and takes lead in resolving issues
Key Responsibilities
Requirements and Qualifications
Why Join ByteDance?
ByteDance offers an exceptional work environment where legal professionals can thrive and grow their careers. Benefits of joining their team include:
- Competitive compensation and benefits package
- Professional development opportunities
- Collaborative and supportive work environment
- Opportunity to work on challenging and meaningful cases
- Work-life balance initiatives
How to Apply
If you're interested in this exciting Global Payments Counsel, Financial Services opportunity at ByteDance, we encourage you to apply through LegalAlphabet. This position offers excellent career growth potential and the chance to work with a respected legal organization.
Job Reference ID: job-id-29
Apply Today
Don't miss this opportunity to advance your legal career with ByteDance. View the full job posting and apply now through LegalAlphabet's secure application system.
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