Commercial Legal Counsel, Payments & Financial Services

ByteDance; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A tech company in Singapore seeks an experienced Commercial Legal Counsel for Payments & Financial Services. The ideal candidate will have a strong background in financial services regulation, excellent contract negotiation skills, and the ability to collaborate across various teams. This role involves advising on compliance matters, drafting contracts, and supporting product development in a fast-paced environment.

Qualifications

• Relevant experience in private practice and in-house.
• Exposure in Technology, FinTech and/or Financial Services.
• Ability to navigate matters independently.

Responsibilities

• Advise on financial services regulation and compliance.
• Draft and negotiate agreements with partners.
• Collaborate with internal stakeholders on product development.

Skills

Strong contract negotiation skills

Exceptional stakeholder management

Strong understanding of financial services sector

Strong problem-solving skills

Education

Qualified lawyer in common law jurisdictions

Job description

Commercial Legal Counsel, Payments & Financial Services

Location:

Team:

Legal

Employment Type:

Regular

Job Code:

A94007A

Responsibilities

• Focus on commercial work, but also advise 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, 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 senior and build a trusted advisor relationship;

Qualifications

• Qualified lawyer in common law jurisdictions, 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 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;
• Exceptional stakeholder management, communication skills, with the ability to collaborate across legal, compliance, product, and risk functions;
• A self-starter with a proactive approach, strong problem-solving skills, and the ability to thrive in a fast-paced environment;
• Strong communication skills (both written and oral) and presentation skills.

About The Team

PIPO is ByteDance’s Global Payments Business, playing a crucial role in the monetization of ByteDance products while operating in a highly regulated financial services environment. Given the complexity of the regulatory landscape, we require experienced legal professionals with deep expertise in payments, financial services regulation, and compliance. We are seeking an experienced Payments/Financial Services Legal Counsel to provide strategic commercial legal advice and ensure compliance across PIPO’s payments and financial services operations in the Southeast Asia region. This role is pivotal in advising on complex 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.

Job Information

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.