Lead Regulatory Compliance - Milan

Alma is hiring!

About

At Alma, we are convinced that trade must be well balanced to be sustainable. Because finance has a key role in business, our mission is to put it back in its rightful place : at the service of merchants and consumers!

That’s why we create financial products that empower merchants to sell more, and help consumers purchase better products while never encouraging them to get over-indebted.

Our tech solutions are accessible to all, easy to implement, and that eliminate purchase friction.

For merchants, our instalment and deferred payment solutions are excellent ways of increasing customers' loyalty and satisfaction, as well as generating up to 20% extra sales revenues without any risk.

For consumers, the purchase experience is enhanced (4.8/5 on Trustpilot) and Alma helps them handle their budget easily. They pay later, Alma pays the merchants right away.

We are the leader in France, on track to win the European market on the (very) powerful Buy Now Pay Later (BNPL) industry, as we’re now processing payments in 10 European countries. Over the past 8 years, more than 23000+ active merchants have chosen Alma to be their innovative BNPL solution, and we have served over 9 million consumers.

The team has grown from 2 to 350+ people, we raised a €115M series C early 2022 to help us accelerate further and Alma is already part of the French Tech 120 ranking of the most promising French technology companies. And that's only the beginning.

Job Description

ABOUT THE POSITION

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 in based in Milan.

YOUR MISSION

As a key member of the 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.

You'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..]

What You'll Be Doing

Regulatory Advisory & Guidance

  • Advise and translate regulatory requirements to Alma's operational teams, particularly Sales, Financial Security, Operations, and Product
  • Act as the main point of contact for regulatory matters, providing clear guidance on compliance obligations
  • Serve as a trusted compliance advisor ensuring alignment between commercial goals and regulatory adherence

Compliance Framework & Risk Management

  • Centralize and maintain Alma's regulatory compliance procedures, ensuring they remain current and fit-for-purpose
  • Proactively identify compliance risks through cross-functional projects including:
    • New product and feature reviews
    • Partnership assessments and due diligence
    • Outsourcing approvals
    • Intermediary relationships in banking and payment services


  • Develop and implement risk mitigation strategies in collaboration with stakeholders

Regulatory Intelligence & Reporting

  • Own the regulatory watch function, staying ahead of emerging regulations across our European markets
  • Monitor regulatory developments (PSD2, PSD3, AMLD, DORA, etc.) and assess their impact on Alma's business
  • Submit and develop scalable regulatory reporting processes in collaboration with Finance and Financing teams
  • Participate in preparing and submitting regulatory reports to ACPR and other relevant authorities

European Compliance

  • Support Alma's expansion by ensuring compliance with regulatory requirements in neighboring jurisdictions (Italy, Netherlands, Belgium, Germany, Spain)
  • Collaborate with local teams and external advisors to navigate multi-jurisdictional compliance challenges

You will collaborate closely with the Financial Security, Product, Sales and Legal teams.

You will report to the Head of Compliance & Internal Control in charge of the Regulatory, Financial Security and Internal Control teams.

ABOUT YOU

  • 6-10 years of experience in regulatory compliance within the banking, payments, or fintech sector
  • Deep technical expertise in EU (especially French and Italian) banking regulatory frameworks:
    • Payment Services Directive (PSD2/PSD3)
    • Anti-Money Laundering Directives (AMLD5/AMLD6)
    • Consumer credit regulations (DCC2)


  • Direct exchange with regulatory authorities (incl. ACPR, Bank of Italy, ECB, or equivalent EU supervisors)

  • Hands-on experience with regulatory reporting, compliance programs, and policy development

  • International and multicultural working environment experience

  • Fluency in Italian and English (written and spoken), French is a plus.

Your Skills & Qualities

  • Analytical Thinker – You break down complex regulatory texts, assess their implications, and identify key action points.
  • Clear Communicator – You translate regulatory language into actionable guidance, with impact across all audiences.
  • Solution-Oriented – You design pragmatic, scalable compliance solutions that enable business growth.
  • Rigorous & Detail-Oriented – Methodical and precise, you ensure nothing slips through the cracks.
  • Collaborative – You build strong cross-functional relationships while also working autonomously on complex topics.
  • Business-Minded – You balance regulatory requirements with business objectives in a payment institution context.

ABOUT THE RECRUITMENT PROCESS

We'll aim at running the process in 2 to 3 weeks following the steps below:

  • Visio call with a member of our People team
  • Visio call with the Head of Compliance & Internal Control
  • Written case study
  • Visio call with Head of Compliance & Internal Control and team member
  • Visio call with the General Secretary

 

Additional Information

  • Contract Type: Full-Time
  • Location: Paris
  • Possible partial remote