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Global Payments Counsel, Financial Services

ByteDance · San Jose, CA, United States United States flag · Hybrid · $170,667 - $376,200/year
0 Applicants · 10 Views · Posted 2 days ago

Job Description

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


Compensation

$170,667 - $376,200/year

Practice Area

General Legal

Position

Counsel

Application Contact

Contact: ByteDance Hiring Team

Application Deadline

Not specified

Employment Type

Full time

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