ABOUT THE POSITION
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We're looking for an experienced Lead Regulatory Compliance professional to join our growing team. You'll be at the forefront of ensuring Alma's operations meet the highest regulatory standards while supporting our ambitious expansion plans across Europe. This role is based in Milan.\nYOUR MISSION
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As a key member of the
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Compliance & Internal Control team, you'll translate complex regulatory requirements into practical, scalable solutions that enable Alma to operate with confidence, and will be a main contact for local regulators.\nYou’ll be the trusted advisor for our operational teams, the strategic partner for new product launches, and the bridge between Alma and our regulatory supervisors (ACPR, BoI…).\nWhat You'll Be Doing
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Regulatory Advisory & Guidance
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Advise and translate regulatory requirements to Alma's operational teams, particularly Sales, Financial Security, Operations, and Product.\nAct as the main point of contact for regulatory matters, providing clear guidance on compliance obligations.\nServe as a trusted compliance advisor ensuring alignment between commercial goals and regulatory adherence.\nCompliance Framework & Risk Management
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Centralize and maintain Alma's regulatory compliance procedures, ensuring they remain current and fit‑for‑purpose.\nProactively identify compliance risks through cross‑functional projects including:
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New product and feature reviews\nPartnership assessments and due diligence\nOutsourcing approvals\nIntermediary relationships in banking and payment services
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Develop and implement risk mitigation strategies in collaboration with stakeholders.\nRegulatory Intelligence & Reporting
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Own the regulatory watch function, staying ahead of emerging regulations across our European markets.\nMonitor regulatory developments (PSD2, PSD3, AMLD, DORA, etc.) and assess their impact on Alma's business.\nSubmit and develop scalable regulatory reporting processes in collaboration with Finance and Financing teams.\nParticipate in preparing and submitting regulatory reports to ACPR and other relevant authorities.\nEuropean Compliance
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Support Alma's expansion by ensuring compliance with regulatory requirements in neighboring jurisdictions (Italy, Netherlands, Belgium, Germany, Spain).\nCollaborate with local teams and external advisors to navigate multi‑jurisdictional compliance challenges.\nYou will collaborate closely with the Financial Security, Product, Sales and Legal teams.\nYou will report to the Head of Compliance & Internal Control in charge of the Regulatory, Financial Security and Internal Control teams.\nABOUT YOU
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6-10 years of experience in regulatory compliance within the banking, payments, or fintech sector.\nDeep technical expertise in EU (especially French and Italian) banking regulatory frameworks:
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Payment Services Directive (PSD2/PSD3)\nAnti‑Money Laundering Directives (AMLD5/AMLD6)\nConsumer credit regulations (DCC2)
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Direct exchange with regulatory authorities
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(incl. ACPR, Bank of Italy, ECB, or equivalent EU supervisors).\nHands‑on experience with regulatory reporting, compliance programs, and policy development.\nInternational and multicultural working environment experience.\nFluency in Italian and English
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(written and spoken),
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French is a plus.\nYour Skills & Qualities
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Analytical Thinker
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– You break down complex regulatory texts, assess their implications, and identify key action points.\nClear Communicator
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– You translate regulatory language into actionable guidance, with impact across all audiences.\nSolution‑Oriented
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– You design pragmatic, scalable compliance solutions that enable business growth.\nRigorous & Detail‑Oriented
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– Methodical and precise, you ensure nothing slips through the cracks.\nCollaborative
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– You build strong cross‑functional relationships while also working autonomously on complex topics.\nBusiness‑Minded
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– You balance regulatory requirements with business objectives in a payment institution context.