Head of Risk - Payment Institute Milan, Italy

Scalapay; Varese; In loco; EUR 80.000 - 120.000; Tempo pieno

Descrizione del lavoro

A leading company in the payment solutions sector seeks a Head of Risk for its Payment Institute. The role involves establishing a robust risk and control environment, while managing compliance and relations with regulators, all within a dynamic and innovative team.

Servizi

Competitive packages based on skills and experience

Opportunity to work with industry-leading tech teams

Support for your professional growth

Use of latest technologies and innovation encouragement

Competenze

• Fluency in Italian and professional proficiency in English.
• At least 5 years of experience in a regulated environment.
• Extensive experience in credit risk within the financial industry.

Mansioni

• Own the Second Line Risk Framework focused on credit and fraud.
• Develop and maintain risk policies and standards.
• Engage with regulators and represent Risk in governance forums.

Conoscenze

Team-oriented

Cross-functional communication

Data-driven decision making

Operational risk management

Formazione

Degree in Finance or related field

Descrizione del lavoro

Thanks to our innovative Buy Now Pay Later payment solution, Scalapay is transforming the way more than 6.5 million customers buy online and in-store, empowering 8,000+ merchants (online and in-store) to give their customers magical shopping experiences.

Being only 3 years old didn’t stop us from becoming a unicorn. We have raised over $700 million, thanks to a team built around our 4 core values : #MakeItHappen #PlayAsATeam #StayCurious #FocusOnCustomer .

This is where your magic happens. If you love it, Scalapay it!

About the role

We are looking for a Head of Risk for our Payment Institute. In this role, you will report directly to the CEO of Scalapay IP and functionally to Scalapay’s Group Chief Risk Officer. You will be responsible for establishing and maintaining a robust risk and control environment to safeguard the Payment Institute’s business and reputation in our Buy Now, Pay Later (BNPL) operations.

You will be responsible for providing the 2nd Line of defence, reviewing, challenging, and overseeing the IP business with a main focus on credit and fraud metrics. You will liaise with the regulator to ensure our risk policies and procedures comply with regulatory requirements.

Our Risk team is central to Scalapay, working across functions, products, and regions to monitor payment performance, balancing expected losses with approval rates and customer experience.

Responsibilities

• Own the Second Line Risk Framework with a focus on credit and fraud, ensuring oversight across the customer and merchant risk lifecycle.
• Develop and maintain risk policies, standards, and appetite thresholds aligned with regulatory and internal standards.
• Review and challenge First Line risk strategies, models, scorecards, and policies .
• Lead portfolio reviews, stress testing , and early warning assessments to identify emerging risks.
• Represent the Risk function in governance forums including Risk Committee and Board meetings .
• Engage with regulators, auditors, and external stakeholders on risk governance matters.
• Extensive experience in credit risk within the financial industry (payment institute or bank preferred).
• Fluent in Italian (or equivalent knowledge).
• Professional proficiency in English.
• A proven track record of data-driven decision making and applying data to risk challenges.
• At least 5 years of experience in a regulated environment.
• Experience in building relationships with regulators.
• Strong operational risk background with knowledge of other risks (reputational, regulatory, compliance).
• Ability to communicate regulatory updates effectively to senior management and the board.
• Team-oriented attitude with excellent cross-functional communication skills across geographies.
• Competitive packages based on skills and experience.
• International environment with daily challenges.
• Opportunity to work with industry-leading tech teams focused on exceptional user experiences.
• Support for your professional growth and product ownership.
• Use of latest technologies and encouragement to innovate.

Recruitment process

• A quick chat with our Talent Acquisition team.
• First interview with the Head of Compliance & AML and Internal Auditor to discuss your experience and motivation.
• A case study to assess your hard skills, debriefed with the Chief Risk Officer and CEO.
• Final interview with our CEO, Simone Mancini, to assess cultural fit.

Pro tip : We value talent over ticking all boxes. We believe in diversity and are an Equal Opportunity Employer, welcoming applicants regardless of minority status, disability, gender identity, or sexual orientation.

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