Project Intern – Payment Strategy

Job Description

Payment Strategy Project Intern (Global Payment LATAM) | ByteDance

The Tone:
This is an internship at ByteDance, likely located in Los Angeles, CA, based on provided pay transparency details. ByteDance is a global technology company founded in 2012, dedicated to inspiring creativity and enriching life through a suite of products like TikTok, Lemon8, CapCut, Toutiao, Douyin, and Xigua. The Global Payment team, where this role sits, is responsible for providing comprehensive payment solutions—including payment acquisitions, disbursements, transaction monitoring, and foreign exchange conversion—to ensure ByteDance users worldwide have a smooth and secure experience across its diverse platforms. This Payment Strategy Project Intern role is crucial for supporting regional strategy leads in developing forward-thinking payment strategies, directly contributing to the unblocking of payment channels and the effective expansion of overseas business and product offerings.

The TL;DR
• Role: Internship
• Location: In-person, Los Angeles, CA
• Pay: $55 hourly
• Team: Global Payment team, specifically the Payment Network team, supporting regional strategy leads.
• Mission: To develop comprehensive and forward-thinking payment strategies that align with business objectives and growth goals, ensuring a smooth and secure payment experience on ByteDance platforms.

What You’ll Actually Do
• Payment Strategy Development: Support regional strategy leads in developing comprehensive and forward-thinking payment strategies that align with overall business objectives and growth goals.
• Market Research & Analysis: Analyze industry trends and gather market and sector insights to stay updated on developments in the ecommerce and payments industry, market changes, and emerging technologies.
• Cross-functional Collaboration: Work closely with key stakeholders to facilitate cross-departmental collaboration across departments.
• Project Management: Support the successful execution of payment-related initiatives, ensuring timely project delivery for strategic projects.

The Must-Haves
• Background: This role requires candidates currently pursuing a Master of Business Administration (MBA). A background in business administration, finance, or other related fields is preferred for success in this global payment strategy position.
• Experience: Candidates should possess an understanding of current payment industry trends and emerging technologies. Prior internship experience in investment, consulting, accounting, or finance is considered advantageous. The role also requires demonstrated project management experience, specifically with a focus on delivering tangible results, and the ability to adapt to cross-timezone collaboration in a challenging work setting.
• Skills: Strong analytical and Excel skills are essential, including practical experience in strategic research, data modeling, and business valuation. An analytical mindset is crucial for translating data into actionable insights and strategies, alongside proficiency in interpreting financial statements to inform business decisions.
• Bonus: Experience in market research would be a valuable addition for this payment strategy role.