[Hiring] Regulatory & Compliance Counsel @Scalable GmbH

Role Description

Scalable Capital is one of Europe’s leading digital banks, with more than one million clients and over €50 billion on the platform. We are hiring a Legal & Compliance Counsel to help scale the legal and compliance function of our Italian branch in Milan.

• Advise the business on Italian banking, investment services and consumer protection law.
• Support the localisation of group policies, procedures and operational processes for the Italian branch, identifying Italian legal and regulatory deviations and helping implement them with the relevant teams.
• Support the Italian AML Officer on AML and financial crime matters, including control documentation, CDD / EDD topics, AML risk assessments, policy localisation and regulatory change.
• Review new products, features and marketing campaigns for compliance with Italian transparency and consumer protection rules before launch.
• Monitor regulatory developments, assess their impact on the branch and drive implementation together with the relevant teams.
• Support the handling, localisation and documentation of customer-facing and authority-driven processes, including complaints, legal care, authority requests and similar legal-operational matters.
• Conduct legal and regulatory research on banking transparency, investment, credit and payment services and consumer protection topics.

Qualifications

• Holds a law degree.
• Offers proven experience within legal or compliance functions at a bank, fintech, or law firm.
• Deeply understands Italian banking transparency rules (TUB), investment services regulations (TUF / MiFID II), and consumer protection frameworks (Consumer Code, AGCM practices).
• Familiar with the three lines of defense model and the Italian AML framework under D.Lgs. 231/2007, with hands-on experience in AML, CDD / EDD, transaction monitoring, or financial crime being a strong plus.
• Proven track record of translating complex legal and regulatory requirements into practical procedures, controls, implementation plans, or operational guidance.
• Experienced with regulatory authority requests, formal communications, audits, remediation tracking, or legal-operational processes (highly advantageous).
• Prior experience working within a branch network, fintech, digital bank, investment firm, or cross-border financial services environment is strongly preferred.
• Demonstrates the unique ability to combine rigorous legal analysis with pragmatic, business-oriented operational implementation.
• Thrives and collaborates effectively in a fast-paced, multicultural environment.
• Full professional fluency in both Italian and English.

Requirements

• Salary Range: €50,000 to €70,000 gross per year (RAL).
• The final salary will be determined within this range based on your individual training, qualifications, and relevant professional experience.

Benefits

• Be part of one of the fastest-growing and most visible Fintech startups in Europe, creating innovative services that have a substantial impact on the lives of our customers.
• Work with an international, diverse, inclusive, and ever-growing team that loves creating the best products for our clients.
• Be productive with the latest hardware and tools.
• Learn and grow by joining our in-house knowledge sharing or career development sessions and spending your individual Education Budget.
• Opportunity to work from abroad.
• Benefit from an attractive compensation package.
• Say goodbye to order commissions and say hello to your complimentary subscription of Scalable Capital's PRIME+ Broker.