Independent Director (BSP-regulated entity) - Philippines - Global Payment

ByteDance; Taguig; On-site; PHP 4,000,000 - 7,000,000; Full time

Job summary

ByteDance seeks an Independent Director to oversee governance, risk management, and regulatory compliance for a BSP-regulated Operators of Payment Systems entity. You will provide objective board-level oversight, ensuring independence from management and related interests.

Responsibilities include chairing committees as needed, and guiding governance frameworks, internal controls, and regulatory engagement with BSP to maintain compliance and sound risk practices.

Qualifications

• Strong background in corporate governance, risk management, and regulatory compliance within financial services.
• Familiarity with BSP regulations, particularly Operators of Payment Systems and electronic money issuers.
• Experience as independent director or committee chair, or as a senior regulator/advisor in a BSP-regulated institution.

Responsibilities

• Act as an independent director, exercising objective judgment and maintaining independence from management.
• Chair the Audit Committee or Governance, Risk and Compliance Committee as determined by the Board.

Skills

Governance

Risk management

Regulatory compliance

Job description

Responsibilities

Team Introduction

In line with the globalization strategy and vision of the company, the Global Payments team builds a platform to provide cross-border payment solutions for all ByteDance's products and services, that are growing rapidly worldwide. This is an exciting opportunity to make an impact on global scale across all ByteDance's business usecases.

We are seeking a highly qualified and independent director to join the Board of a BSP-regulated entity operating as an Operator of Payment Systems (OPS). The Independent Director shall provide objective oversight of governance, risk management, and regulatory compliance in accordance with the Manual of Regulations for Payment Systems (MORPS) and the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI).

Key Responsibilities

• - Act as an independent director, exercising objective judgment and maintaining independence from management, controlling shareholders and related interests and free from conflicts of interest
• - Serve as Chair of either the Audit Committee or the Governance, Risk and Compliance Committee, as determined by the Board, consistent with MORPS governance requirements

If designated as Chair of the Audit Committee

• - Provide independent oversight of:
• - Integrity of financial reporting and disclosures
• - Effectiveness of internal controls over financial reporting
• - Internal audit function, including audit plans, findings, and management remediation
• - Engagement, independence, and performance of external auditors
• - Ensure coordination with the Governance, Risk and Compliance Committee on matters relating to internal control effectiveness, without assuming risk management or compliance ownership

If designated as Chair of the Governance, Risk and Compliance Committee

• - Provide board-level oversight of:
• - Enterprise and operational risk management frameworks
• - Technology, cybersecurity, outsourcing, and operational resilience risks
• - Regulatory compliance and supervisory matters
• - AML CTF and end user protection frameworks
• - Compliance culture, escalation protocols, and risk appetite alignment
• - Ensure coordination with the mandatory Audit Committee on internal audit results and control issues, while maintaining clear segregation of committee responsibilities
• - Ensure the adequacy and effectiveness of board-approved governance frameworks, risk appetite statements, and internal control systems
• - Oversee compliance with Bangko Sentral ng Pilipinas (BSP) regulations applicable to OPS entities, including governance, risk, AML/CFT, technology risk, and consumer protection
• - Provide guidance on regulatory expectations arising from BSP examinations, supervisory communications, and industry advisories
• - Serve as a credible and constructive interface with the BSP, including during regulatory engagements and audits
• - Contribute an independent voice to board deliberations, ensuring alignment with sound governance and risk practices

• - Attend quarterly board meetings and committee meetings as required

Time Commitment

• - Attendance at quarterly board meetings and scheduled committee meetings
• - Availability for regulatory engagements, supervisory discussions, and incident-related deliberations as required
• - Sufficient preparation time to discharge fiduciary duties effectively

Qualifications

Minimum Qualifications

• - Strong background in corporate governance, risk management, and regulatory compliance within financial services
• - Demonstrated familiarity with BSP regulations, particularly those relevant to:
• - Operators of Payment Systems
• - Electronic money issuers, fintechs, or other BSP-supervised institutions
• - Prior experience as:
• - An independent director or committee chair, or
• - A senior executive, regulator, or advisor in a BSP-regulated institution
• - Established professional credibility and working relationships with BSP regulators
• - Well-regarded within the payments, fintech, or financial services industry

Preferred Qualifications

• - Meets BSP fit-and-proper standards and independence requirements

About Us

Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok, Lemon8, CapCut and Pico 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 ByteDance

Inspiring creativity is at the core of ByteDance's mission. Our innovative products are built to help people authentically express themselves, discover and connect – and our global, diverse teams make that possible. Together, we create value for our communities, inspire creativity and enrich life - a mission we work towards every day.

As ByteDancers, we strive to do great things with great people. We lead with curiosity, humility, and a desire to make impact in a rapidly growing tech company. By constantly iterating and fostering an "Always Day 1" mindset, we achieve meaningful breakthroughs for ourselves, our Company, and our users. When we create and grow together, the possibilities are limitless. Join us.

Diversity & Inclusion

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.