Head of Risk and Compliance

Obligo Investment Management AS is an alternative asset manager (AIFM) within sustainable infrastructure with presence in Oslo and Stockholm. We are experiencing significant growth and have big ambitions for the coming years; therefore, we are recruiting for a Head of Risk & Compliance to our Oslo office to strengthen the organization as a whole. This is a unique opportunity for an experienced talent to join Obligo on its journey to become a leading Nordic manager within sustainable infrastructure.

About the role:

Obligo is taking the lead on sustainable infrastructure investments in the Nordics, and in line with the growth of our organization, we need to further focus on identifying and managing regulatory risk and compliance. Our new Head of Risk & Compliance will be an important contributor to the organization, working closely with the senior management, and reporting directly to the Board of Directors.

The successful candidate will lead the firm-wide compliance operations and initiatives by managing policies, processes, disclosure obligations and partnering with management to identify and mitigate financial, operational, legal, regulatory, and reputational risks.  The Head of Risk & Compliance will take charge of conducting risk assessments, documenting processes and workflows, and providing ongoing operational and regulatory recommendations. Given the importance of compliance engagement to the firm, the successful candidate will have exposure to the firm’s senior leadership and have an opportunity to influence and shape the firm’s approach to legal and compliance integration. The right candidate will also become a vital part of the transaction team, handling corporate law-related issues in current- and future investments in close collaboration with external advisors and the management team.

The role will involve working on a variety of legal and compliance-related matters across the firm. Primary job responsibilities include:

• Ensuring that our company complies with our regulatory and legal requirements

• Liaising with management, external resources, the Norwegian Financial Supervisory Authority (FSA), and market development to drive consistency and achieve best practices within compliance
• Providing an in-house service that effectively controls and supports our business in our duty to comply with all relevant internal procedures
• Working with management and staff to identify and manage regulatory risk
• Providing advice and guidance to the business and key stakeholders in line with regulations, and industry best practice
• Shaping and updating our internal routines and instructions
• Reporting directly to Obligo’s board of directors
• Contributing to other administrative tasks and responsibilities
• Training of our organization’s employees and management
• Fulfilling the role as the Secretary of the Board of Directors
• Acting as our legal advisor on corporate law-related matters, and an important resource on all transactions and investments that Obligo is involved in (SHA, SPA, finance agreements, structuring, etc.)

About the qualifications:

We are looking for a professional with a problem-solving attitude, committed to the finish line and eager to be an important contributor to the company’s success. The minimum requirements are as follows:

• Graduate degree in law  
• Minimum 2-5 years relevant compliance experience from a similar role within banking/finance, or from a law firm, preferably with AIFM relevance
• Professionally strong with an interest in regulatory issues, as well as a good understanding of investment products and markets
• Excellent communication skills
• Native Nordics language, fluent English speaking

About Obligo:

Established in 2012, Obligo is a Nordic sustainable alternative asset and investment manager with an extensive focus and track record in infrastructure and real estate investments. Within infrastructure, Obligo and its predecessors have been a pioneer within the asset class in the Nordics for the past 15 years, and later within responsible investments, implementing ESG practices into the investment strategy and assets under management.

Obligo currently manages three infrastructure funds as well as managing among others a separate mandate for Amundi, the largest asset manager in Europe.

Obligo’s new direct infrastructure fund is currently fundraising and will invest in climate impact assets in the Nordic lower/mid-market to facilitate the transition to a decarbonized and sustainable society. This fund will include a new measurement and valuation framework for social and environmental impact, elevating our investments beyond the traditional reporting standards.

Obligo operates from Oslo and Stockholm, with about 10 dedicated investment professionals.

If you match the qualifications and think you are the right person for the role, please send your CV and a short cover letter to Knut Bringedal at kb@obligoim.com. Feel free to ask any questions relating to the position.