Head of Risk - Payment Institute

Overview

Thanks to our innovative BuyNow PayLater payment solution, Scalapay is transforming the way millions of customers buy online and in-store, empowering thousands of merchants to give their customers magical shopping experiences.

Being only 3 years old, we have become a unicorn, raised over $700m, and built a team 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.

As part of our team, you will be responsible for providing the 2nd Line of defence reviewing, challenging, and overseeing the IP business with 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 sits at the core of Scalapay. It works across functions, products, and regions to monitor the performance of our payments, balancing expected losses against approval rates and customer experience.

Responsibilities

• Own the Second Line Risk Framework with main focus on credit and fraud
• Ensure robust oversight across the customer and merchants risk lifecycle
• Develop and maintain independent risk policies, standards, and appetite thresholds in line with regulatory and internal requirements
• Review and challenge First Line risk strategies, models, scorecards, and policies
• Lead periodic portfolio reviews, stress testing, 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 matters of risk governance

Qualifications

• Solid experience in credit risk position in financial industry (payment institute preferably or bank)
• Italian mother tongue (or equivalent knowledge)
• English at a professional level
• 5+ years\' experience working in a regulated entity / environment
• Experience interacting with regulators
• Strong operational risk experience and knowledge across other risks (reputational, regulatory, compliance)
• Ability to communicate with board, internal auditors & executives on regulatory updates
• Team player attitude, able to work across functions, manage teams across geographies, and communicate with senior management

Why you should join Scalapay

• Attractive packages based on skills and experience
• International environment with significant daily challenges
• Opportunities to work with industry tech leaders focused on delivering exceptional user experiences
• Personalised support to accelerate professional growth and ownership of the products you deliver
• Latest technologies and encouragement to bring your flair to the role

Recruitment Process

• A quick chat with a Talent Acquisition team member
• The first interview with the Head of Compliance & AML and Internal Auditor
• A case study to test hard skills, debriefed with the Chief Risk Officer and CEO of Scalapay IP
• A final call with the CEO to assess cultural fit

Want to learn more? Explore our Careers website, LinkedIn, and Glassdoor pages.

We believe in the power of diversity: Scalapay is an Equal Opportunity Employer for any minority, disability, gender identity or sexual orientation.