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Scalablegmbh

Scalablegmbh

Legal Counsel - Italy (m/f/x)

Role

Legal Counsel - Italy (m/f/x)

Location

Milan, it

Job type

Full-time

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Salary

€50k - €70k/yearly

Job description

Scalable Capital is one of Europe's leading digital banks, with more than one million clients and over €50 billion on the platform, growing across Munich, Berlin, Vienna, Milan and London. We are hiring a Legal Counsel to own the legal side of our Italian branch.

You would be the reference point for legal matters in Italy: owning customer documentation, leading the legal work on new product launches such as credit and credit cards, and acting as a primary contact with Banca d'Italia and external counsel. You would work directly with the Branch Managers and the established group legal team in Germany.

  • Provide legal advice on a wide range of issues such as financial regulations, corporate law, data protection, tax law and employment law
  • Draft and own all relevant legal documents to be signed by customers in Italy
  • Lead legal research and document drafting for new products (e.g. credit and credit card), covering local requirements end to end
  • Play a key role in interactions with regulators and external institutions, including regulatory reports and requests from authorities
  • Draft, review, and negotiate contracts with clients, partners, and suppliers
  • Act as the primary liaison with external legal advisors and law firms
  • Lead the management of complaints and contentious customer cases, including out-of-court resolution systems (ABF / ACF), inheritance, garnishment and insolvency cases
  • Support internal operational teams in setting up and running processes for the Italian market in line with local regulations
  • Advise on branch governance, policies and the correct implementation of relevant legislation (e.g. MiFID II, PSD II, CCD II, transparency and consumer protection requirements)
  • Holds a law degree
  • Substantial professional experience within a top-tier law firm, a fintech/startup, or the broader financial services sector.
  • In-depth knowledge of Italian and European financial services regulations.
  • Proven expertise in navigating complex legal environments and providing strategic guidance to business stakeholders.
  • Proven ability to work effectively and adapt quickly in a fast-paced, multicultural environment.
  • Deep understanding of fintech business models, ideally with prior experience in a similar position at a comparable company.
  • Prior experience interacting directly with financial services regulators is highly desirable.
  • Strong ability to work independently, paired with excellent attention to detail and a diligent work ethic.
  • Full professional fluency in both Italian and English.

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.

  • 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 
  • Ppportunity 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
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