Senior Model / Data Risk Analyst - Global Payment

About the Team
In line with the globalization strategy and vision of the company, the Global Payments Department builds a platform to provide cross-border payment solutions for all ByteDance's products and services, that are growing rapidly worldwide.
The compliance solution function under Compliance Team is a global function responsible for building and scaling a best-in-class and end-to-end business and payment compliance solution.

About the Role
The TikTok Financial Crime Compliance (FCC) organization is dedicated to building a robust, data-driven framework to mitigate risks such as money laundering, terrorist financing, and other financial crimes. This senior analyst role is central to our Model and Data Risk Governance function, responsible for providing independent and authoritative validation of the models and critical data infrastructure that underpin our global FCC controls.

As a Senior Model / Data Risk Analyst, you will act as a subject matter expert, ensuring our risk management systems are conceptually sound, technically robust, and performing effectively. You will provide critical assurance to leadership and stakeholders by rigorously testing our models and data pipelines, influencing their design and ongoing enhancement, and upholding the highest standards of regulatory compliance and internal governance.

Responsibilities
- Independent Model Validation: Conduct comprehensive, independent validations of FCC models (e.g., transaction monitoring, sanctions screening, customer risk rating), assessing conceptual soundness, data integrity, system implementation, and performance.
- Data Risk & Lineage Validation: Perform end-to-end data validation, from source-to-target reconciliation to verifying data quality controls (completeness, accuracy, timeliness) and ETL logic within critical compliance data pipelines.
- Performance Monitoring & Backtesting: Design and execute a framework for ongoing model performance monitoring, backtesting, and outcome analysis; identify and investigate performance degradation, providing recommendations for remediation.
- Challenger Model Development: Develop and maintain challenger models and analytics to benchmark the performance of production models and identify opportunities for enhancement.
- Governance & Documentation: Create and maintain detailed validation documentation, including reports, work papers, and findings, suitable for internal stakeholders, auditors, and regulators.
- Cross-functional Influence: Collaborate closely with Data Science, Engineering, Product, and AML Operations teams to communicate validation results, drive remediation of identified issues, and provide expert guidance on model and data risk management best practices.
- Reporting & Communication: Prepare and present clear, concise reports on validation activities, findings, and model risk posture to senior management and governance committees.
- Regulatory Adherence: Stay current with regulatory expectations (e.g., SR 11-7, EU AMLDs, MAS guidelines) and ensure the validation framework and practices align with industry standards.

The base salary range for this position in the selected city is $122312 - $219556 annually.