Job description

Responsibilities
About Us
TikTok is the leading destination for short-form mobile video. Our mission is to inspire creativity and bring joy. TikTok has global offices including Los Angeles, New York, London, Paris, Berlin, Dubai, Mumbai, Singapore, Jakarta, Seoul and Tokyo.

Why Join Us
At TikTok, our people are humble, intelligent, compassionate and creative. We create to inspire - for you, for us, and for more than 1 billion users on our platform. We lead with curiosity and aim for the highest, never shying away from taking calculated risks and embracing ambiguity as it comes. Here, the opportunities are limitless for those who dare to pursue bold ideas that exist just beyond the boundary of possibility. Join us and make impact happen with a career at TikTok.

About the Team
In line with the globalisation strategy and vision of the company, the Global Payments team builds a platform to provide cross-border payment solutions for all company's products and services, that are growing rapidly worldwide.

We are seeking a Chief Risk Officer for our Europe payment centre. This role will be a key contributor to the continued success of the business in the Europe region. The new hire will play an integral role in assisting with the compliance decisions and will act as a strategic partner being part of the Leadership team.

Responsibilities

• Oversee the risk function and maintain and address any deficiencies in the company's risk management framework.
• Foster, develop and enhance a strong risk management culture, across all categories of risk, throughout the company.
• Manage and continually develop and enhance the company's Enterprise Risk Management Framework and day to day risk management processes ensuring it is fit for purpose, meets regulatory expectations and adds real value to the company.
• Maintain a strong relationship with the Central Bank of Ireland and ensure that the risk programme is operating in line with Central Bank of Ireland expectations and industry best practice.
• Establish adequate risk management policies and procedures to identify, measure and provide for the proper monitoring, reporting and mitigation of all material risks relating to the company’s activities, processes and systems.
• Ensure that the risk management policies and procedures of the company are in line with applicable law, regulations and licence obligations.
• Perform regular risk assessments to enable a risk based approach to be taken in respect of the company’s risk programme.
• Build and maintain risk register.
• Advise the board of directors of the company in relation to the overall risk appetite, tolerance and strategy of the company and assist the board of directors of the company with the execution of risk management strategies.
• Preparation of quarterly risk reports for the attention of the board of directors.
• Perform analysis of risk data to identify insights, trends and emerging risks.

Qualifications

• 10+ years experience as a Risk professional at a payment/e-money institution, bank, fin-tech, financial regulatory agency and/or professional service firm serving financial institution clients.
• 5+ years experience working in a regulated entity/environment.
• Have held a PCF approved position previously is a big plus.
• Previous Board/Executive level experience, or demonstrated the ability to directly report to the Board/Executive.
• Bachelor's degree (or an equivalent professional qualification) or above.
• Experience in and understanding of payments, e-money or wallet products/services, banking functions, MSBs and/or merchant processing.
• Ability to communicate, in a timely manner, with the Board/Executive on regulatory updates which may affect the business.
• Ability to promote the company culture, values and behaviours and to ensure standards of performance are accepted and understood.
• Demonstrate thought leadership and market presence relating to best practice and innovation.
• Good understanding of the payment technology industry.

TikTok 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 TikTok, our mission is to inspire creativity and bring joy. 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.

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