Legal Counsel - Italy (m/f/x)

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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About the Role

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 expanding the legal function of our Italian branch in Milan, working closely with our established group legal team in Germany.

You would support the branch across the full range of its legal work: research on Italian banking and financial services regulation, drafting and maintenance of customer documentation, review of marketing material, and support on product launches and complaints. The role gives a lawyer with solid banking and finance practice of a law firm broad in-house exposure and real responsibility early in their career, working directly with the Branch Managers and the group legal team.

Job Description

• Conduct legal and regulatory research on Italian banking and financial services law (TUB, TUF, Consumer Code, transparency and consumer protection rules) and translate findings into clear, actionable recommendations
• Support the drafting and maintenance of all legal documents signed by customers (terms and conditions, pre-contractual information, disclosures and disclaimers)
• Review marketing material and communications to ensure compliance with Italian legislation and supervisory guidance
• Support the handling of customer complaints and out-of-court dispute resolution procedures (ABF / ACF) on standard cases
• Support the review of contracts with external providers and partners
• Monitor new Italian and European legislation relevant to the branch and prepare impact assessments
• Support internal operational teams on day-to-day legal questions

• Holds a law degree 
• A solid grounding background within a top-tier law firm, ideally with a strong focus on banking and financial regulation.
• Solid knowledge of Italian financial services regulation, with familiarity with European frameworks (e.g., MiFID II, PSD2) considered a strong plus.
• Exceptional legal research and drafting skills, combined with meticulous attention to detail.
• Proven ability to work independently, prioritize effectively across multiple workstreams, and deliver high-quality results in a fast-paced, multicultural environment.
• A genuine passion for fintech, innovation, and the retail investing landscape.
• Full professional fluency in both Italian and English.

Salary Range: €43,000 to €53,000 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