Law degree; substantial professional experience in a top-tier law firm, fintech/startup, or financial services; in-depth knowledge of Italian and European financial services regulations; proven expertise in navigating complex legal environments; proven ability to work effectively in a fast-paced, multicultural environment; deep understanding of fintech business models; prior experience interacting with financial services regulators is highly desirable; strong ability to work independently; full professional fluency in Italian and English.

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Job

Full Opportunity Brief
Scalable Capital has opened a pivotal search for a

Legal Counsel – Italy (m/f/x)

based in Milan, offering one of the most exciting in-house legal roles in European fintech. As the company scales its Italian branch, the successful candidate will become the reference point for all legal matters in Italy—owning customer documentation, leading new product launches like credit and credit cards, and serving as the primary contact with Banca d'Italia and external counsel. This is not just a job posting; it is an invitation to shape the legal architecture of one of Europe's most prominent digital investment platforms.

Why This Role Marks the Next Frontier of Fintech Law
The financial services industry is undergoing a seismic transformation. Digital investment platforms, embedded finance, and open banking are rewriting the rules of customer engagement, and regulators are scrambling to keep pace. In this environment, legal counsel are no longer back-office cost centers—they are strategic partners who enable innovation while ensuring compliance. Scalable Capital,



with over €50 billion in assets and more than one million clients, sits at the very center of this revolution. Hiring a dedicated Legal Counsel for Italy signals the company's commitment to navigating the country's complex regulatory landscape without slowing down its ambitious growth plans.

Italy presents a unique challenge. The country's regulatory framework combines European directives such as

MiFID II ,

PSD II , and the new

CCD II

with strict local consumer protection and transparency requirements. For a digital-first player like Scalable Capital, understanding the nuances of these rules is not optional; it is the foundation on which customer trust is built. The lawyer who steps into this role will not merely interpret regulations—they will help design products that are compliant by default, turning legal constraints into competitive advantages.

"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."

This is the language of a company that views legal as a critical engine of growth, not a brake on it. For a legal professional, that kind of mandate is rare and transformative.

Inside the Mandate: A Day in the Life of Scalable Capital’s Italian Legal Counsel




The job description reads like a masterclass in modern in-house practice. The successful candidate will provide legal advice on an extraordinary range of issues—from financial regulations and corporate law to data protection, tax law, and employment law. But the role goes far beyond advisory work. You will

draft and own all relevant legal documents

signed by customers in Italy, lead legal research for new products, and negotiate contracts with clients, partners, and suppliers. These are hands‑on, high‑stakes responsibilities that demand both precision and commercial awareness.

The Banca d’Italia Connection: Where Law Meets Policy
Perhaps the most differentiating aspect of this role is the direct interaction with regulators. The Legal Counsel will play a key role in regulatory reports and requests from authorities, and will act as the primary liaison with external legal advisors and law firms. Prior experience dealing with financial services regulators is highly desirable—a signal that the company needs someone who can speak the language of supervision and translate business objectives into regulatory submissions. For lawyers who thrive in high-pressure environments, this is an opportunity to operate at the intersection of law, policy, and business strategy.

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.

Draft, review, and nego

📌 Legal Counsel (Milano)
🏢 Scalable Capital
📍 Milano