Job Description
Scalapay is seeking a Head of Risk for its Payment Institute in Milan, Italy. This role reports to the CEO of Scalapay IP and functionally to Scalapay’s Group Chief Risk Officer. The ideal candidate will establish and maintain a robust risk and control environment, safeguarding the Payment Institute’s business and reputation in its BNPL operations. They will provide the 2nd Line of defence, reviewing, challenging, and overseeing the IP business, with a focus on credit and fraud metrics, and liaise with regulators to ensure compliance.
Role Involves:
- Owning the Second Line Risk Framework with a focus on credit and fraud.
- Developing and maintaining independent risk policies and standards.
- Reviewing and challenging First Line risk strategies, models, and policies.
- Leading periodic portfolio reviews and stress testing.
- Representing the Risk function in governance forums.
- Engaging with regulators and external stakeholders.
Requirements:
- Solid experience in credit risk within the financial industry.
- Italian mother tongue (or equivalent knowledge).
- Professional level of English.
- Strong track record of data-driven decision-making.
- 5+ years’ experience working in a regulated environment.
- Experience interacting with regulators.
- Strong operational risk experience.
- Ability to communicate regulatory updates to the board and executives.
- Team player attitude.
Scalapay Offers:
- Attractive packages based on skills and experience.
- International environment.
- Opportunities to work with industry tech leaders.
- Personalised support for professional growth.
- Latest technologies.