Product Manager, Risk - Global Payment

3 Months ago • 3 Years + • Monetization • $165,120 PA - $414,000 PA

Job Summary

Job Description

The Global Payments team is building a platform to provide cross-border payment solutions for all ByteDance's products and services, such as TikTok, Helo, Games, Education, etc. As a Product Manager, Risk - Global Payment, you will be responsible for designing features on an AI/machine learning driven decision engine integrated with core tech stack, writing clear requirements and documents to communicate with developers. You will also be responsible for risk operation system requirements, taking into account both implementation solutions and good user experience. You will need a deep understanding of upstream and downstream systems to ensure the application of risk systems in overall architecture, as well as a deep understanding of business to ensure integration between business and risk systems. You will also be responsible for cooperating with the strategy team to execute, and diving deep into data through systematic and ad hoc analyses that identify root causes of loss segments and improve the new products and processes.
Must have:
  • Master's degree in Statistics, Mathematics, Finance, Computer Science Engineering or a similar Quantitative field
  • 3+ years of experience as a product manager in financial industry
  • Strong analytical skillset and experience with analytics tools
  • Excellent written and verbal communication skills and ability to influence others
  • Strong leadership skills and ability to manage
Good to have:
  • Experience in payment risk industry
  • Experience in risk decision engine
  • Results-oriented and comfortable working in a fast-paced environment
  • Creative problem solving and critical thinking 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
  • 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 The Global Payments team is building a platform to provide cross-border payment solutions for all ByteDance's products and services, such as TikTok, Helo, Games, Education, etc. Responsibilities - Design features on an AI/machine learning driven decision engine integrated with core tech stack, write clear requirements and documents to communicate with developers - Responsible for risk operation system requirements, taking into account both implementation solutions and good user experience - In-depth understanding of upstream and downstream systems to ensure the application of risk systems in overall architecture - In-depth understanding of business, responsible for integration between business and risk systems, and cooperating with the strategy team to execute - Deep dive into data through systematic and ad hoc analyses that identify root causes of loss segments and improve the new products and processes - Lead risk product research to ensure that risk systems have the ability to prevent various attacks - Communicate results on a regular basis to stakeholders around the world, including executive leadership
Qualifications
Minimum Qualifications - Master's degree (Ph.D. is a plus) in Statistics, Mathematics, Finance, Computer Science Engineering or a similar Quantitative field, or equivalent practical experience - 3+ years of experience as a product manager in financial industry -Strong analytical skillset and experience with analytics tools (Excel, SQL, R, Python, Hive, Spark, and other statistical or data analysis packages) - Excellent written and verbal communication skills and ability to influence others, with strong leadership skills and ability to manage Preferred Qualifications - Experience in payment risk industry, experience in risk decision engine. - Results-oriented and comfortable working in a fast-paced environment requiring prioritization and ownership Creative problem solving and critical thinking skills 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 - $414000 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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