Solas Capital AG is an investment advisor founded by a leading team of sustainable finance investment professionals with experience in the fields of energy efficiency, renewable energy and infrastructure finance. Solas Capital’s goal is to support society’s transition to carbon neutrality by developing and managing sustainable finance products that have a double bottom-line investment objective. Located in Zurich and Munich, the company has a European outreach. To support the company’s continued growth, we are looking for a Compliance Officer to join our Munich team.
This is a permanent, 40-60% role in Germany working either remotely or based in our office in Munich. You will be reporting directly to the Managing Director of our German subsidiary as well as the group’s COO.
Tasks
* Serving as Compliance Officer (registered with BaFin) for the German MiFID-licensed entity, reporting to the Managing Director (Munich) and the Group COO (Zurich)
* Primary point of contact for the external Compliance Consultant of the Swiss parent entity (FINMA-regulated)
* Independent ownership of all compliance processes in day-to-day operations
* Maintaining and developing the internal compliance framework (policies, manuals, guidelines)
* KYC and AML checks for investors and business partners (German Anti-Money Laundering Act / GwG)
* Planning and delivering internal compliance training
* Regulatory reporting to BaFin and other relevant authorities
* Coordinating and managing external regulatory and statutory audits, including preparation of required documentation and resolution of audit findings
* Supporting the internal audit function by providing information, documentation and evidence as requested
* Preparation and documentation of board and supervisory board meetings
Possible extended scope (not essential - depending on experience)
* Contributing to the creation and updating of fund documentation (PPM, subscription agreements, constitutional documents)
* Supporting waiver processes and amendment procedures for existing fund documents
* Assisting with the legal structuring of new fund vehicles in coordination with external counsel
Requirements
Candidates must have:
* Minimum 5 years of hands-on compliance experience at a BaFin-regulated financial institution (MiFID, WpIG, KWG or equivalent)
* Solid knowledge of German compliance requirements: MiFID II, AML/KYC (GwG), regulatory reporting
* Experience in the role or in establishing the function of a Compliance Officer
* Fluency in German and English, written and spoken
* Self-directed, structured working style, suited to a lean team without a dedicated compliance department
* Comfortable working in a small, international, entrepreneurial team and taking ownership of a broad range of tasks
* German work permit or EU citizenship
Candidates may also have:
* Legal background (degree or professional qualification) in alternative investments, capital markets law, or fund law)
* Experience drafting or reviewing fund documentation and handling waiver and amendment processes
* Knowledge of relevant EU frameworks: AIFMD, SFDR, ELTIF Regulation
* Familiarity with fund vehicles (e.g. Luxembourg, Ireland) or cross-border EU fund distribution
* Exposure to sustainable finance regulation (SFDR Article 8/9, EU Taxonomy)Knowledge of Swiss FINMA regulation (FINIG/FINMAG) is a plus, but not required
Benefits
* Collaborative international team with a positive, proactive culture
* European experts in energy efficiency and sustainable finance
* Direct impact on the European energy transition
* Broad and varied role with real ownership and responsibility
* Culture of inclusion that values each employee’s unique perspective
Please submit applications in english.
Solas Capital's supports society’s move to a carbon-neutral economy by matching the investment needs of sustainable energy projects and institutional investors.