Scalable Capital is a leading digital investment platform in Europe. The company empowers everyone to shape their financial future. Scalable Broker makes it easy and affordable for clients to invest professionally in stocks, ETFs and other exchange-traded products and set up savings plans. Scalable Wealth, the digital wealth management service, offers clients professional investment in ETF portfolios and is also adopted as a white-label solution by renowned B2B partners. With the European Investor Exchange (EIX) Scalable Capital offers a stock exchange for retail investors in Europe. Over 27 billion euro is held on the platform by more than one million clients. Scalable Capital was founded in 2014 and employs more than 500 people at its offices in Munich, Berlin, Vienna, and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, they are working on a new generation of financial services.
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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.
Typically, we offer individuals with limited experience an annual salary between 50,000 EUR and 70,000 EUR. For a candidate that we assess as possessing considerable relevant experience, the salary on offer tends to be between 77,000 EUR and 99,000 EUR. The final salary will be determined within this range based on your individual training, qualifications, and relevant professional experience.
Additional Information- 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
Skills Required
- Holds a law degree
- Substantial professional experience in a top-tier law firm, fintech/startup, or financial services sector
- In-depth knowledge of Italian and European financial services regulations
- Proven expertise navigating complex legal environments and providing strategic guidance to business stakeholders
- Ability to work effectively and adapt quickly in a fast-paced, multicultural environment
- Deep understanding of fintech business models, ideally with prior similar position experience
- Prior experience interacting directly with financial services regulators
- Strong ability to work independently, excellent attention to detail, and a diligent work ethic
- Full professional fluency in Italian and English
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What We Do
Scalable Capital is a leading FinTech in Europe, bringing people and technology-based investment together. The company was founded in 2014 and has offices in Munich, Berlin and London.For private individuals, Scalable Capital offers a broker with a trading flat rate and interest and a digital wealth management. In digital wealth management, the company creates and manages globally diversified ETF portfolios for its clients with sustainable investment strategies when desired. The broker enables private individuals to trade stocks, ETFs, crypto, funds and more with as little as €1 and to set up ETF and stock savings plans with as little as €1.
