Legal Counsel, Financial Services Product

1 Week ago • All levels • Legal

About the job

SummaryBy Outscal

Must have:
  • Qualified lawyer with relevant experience
  • Strong understanding of the financial services sector
  • Ability to navigate matters independently
  • Strong communication skills (both written and verbal)
  • Has initiative, a positive attitude, collaborative and a confident self-starter
Good to have:
  • A passion for technology and the ability to understand complex business models and product use cases quickly
  • Experience supporting multiple markets in Asia, especially Southeast Asia
  • Independent, hard-working, well organized and able to prioritize and manage numerous projects simultaneously
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Responsibilities
About ByteDance ByteDance will be prioritizing applicants who have a current right to work in Singapore, and do not require ByteDance sponsorship of a visa. 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. About The Global Payment business (referred to as PIPO) provides an important role helping with the monetization of Bytedance products, but is also in the heavily regulated industry of payments and financial services, that requires a specific expertise and attention to regulatory compliance requirements. PIPO's Global Legal BP team reports directly into the Global Legal Compliance organization and serves PIPO's businesses as the generalists experts. The team is now expanding its capabilities with the purpose of serving as specialists for financial services other than payments. The ideal candidate will have a background in financial services (e.g. Buy Now Pay Later, lending, merchant financing, insurance, etc), payments and tech, as well as excellent judgment, acute ability to identify issues of first impression, and have the courage to counsel a fast-moving business. Responsibilities - Advise on a range of issues including financial services regulation (e.g. Consumer/merchant financing, purchase protection, etc), commercial, 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, 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 anciliary topics related to financial services. - Participate as a proactive business partner for business leaders and build a trusted advisor relationship
Qualifications
Minimum Qualifications - Qualified lawyer 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. - Ability to navigate matters independently, demonstrate excellent judgment and decision-making capability with imperfect information. - Strong communication skills (both written and verbal) and presentation skills. - 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; Preferred Qualifications - A passion for technology and the ability to understand complex business models and product use cases quickly - Experience supporting multiple markets in Asia, especially Southeast Asia - Independent, hard-working, well organized and able to prioritize and manage numerous projects simultaneously and the ability to work under tight deadlines. --- 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. --- #LI-Hybrid
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