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EnBW Energie Baden-Württemberg

Credit Risk Analyst (m/f/d)

Become a Credit Risk Analyst with EnBW in Karlsruhe, Germany. Evaluate credit risks, conduct analyses, and manage a portfolio of counterparties. Enjoy 30 days of annual leave, flexible working models, and financial extras for added security.
EnBW Energie Baden-Württemberg
EnBW Energie Baden-Württemberg
Karlsruhe, Germany   Flexible   Full Time  UTC+01:00

EnBW Energie Baden-Württemberg

Company Overview

EnBW Energie Baden-Württemberg AG

Karlsruhe, Germany

1997

Approximately 28,600 employees (as of December 31, 2024) and a revenue of €34.919 billion in the fiscal year 2023 (source: stockanalysis.com)

What They Do

EnBW focuses on renewable energies, including onshore and offshore wind power, solar energy, and run-of-river hydroelectric power. Additionally, the company invests in thermal generation with hydrogen-capable gas power plants intended to replace coal. EnBW also offers customer solutions, such as electric mobility infrastructure through the EnBW HyperNetwork. Their products and services include the supply of electricity and natural gas, trading and marketing to end consumers through the subsidiary Yello Strom, as well as environmental services and network expansion (source: enbw.com). The target markets focus on Germany, particularly Baden-Württemberg, with expansions into France for renewable energies and international charging infrastructure.

Projects & Track Record

Notable projects by EnBW include the expansion of 280 MW of wind and photovoltaic systems in 2023, which supply renewable energy to a total of 1.1 million households. The company has also decommissioned coal power plants in Altbach/Deizisau, Stuttgart-Münster, and Heilbronn to replace them with hydrogen-capable gas power plants. Current major projects include the He Dreiht offshore wind farm in the North Sea, the conversion of gas power plants at three locations in Baden-Württemberg for hydrogen operation in the 2030s, and the construction of high-voltage lines such as SuedLink and ULTRANET (source: enbw.com). EnBW has also established partnerships for industrial PPAs and LNG procurements approved in 2023 to ensure supply security.

Recent Developments

In the past two years, EnBW reported a revenue of €26.7 billion in the first half of 2023 and an adjusted EBITDA of €3.5 billion, supported by €2 billion from thermal generation and trading. Key announcements included the results for the fiscal year 2023, highlighting an investment sum of €40 billion by 2030 in renewable energies and networks. Additionally, there was a deconsolidation of bmp greengas GmbH, which negatively impacted revenues in the Smart Infrastructure sector (source: enbw.com). CEO Andreas Schell stepped down due to strategic differences, while the company continues to invest in energy supply security.

Working There

EnBW offers positions in various departments, including sustainable generation infrastructure, critical infrastructure, and smart solutions for customers. The employee count is approximately 28,600, with growth in these areas. The main employment occurs at the headquarters in Karlsruhe as well as at key locations in Baden-Württemberg such as Stuttgart and Heilbronn. The corporate culture is strongly focused on sustainability, reflected in the HR strategy and investments in energy supply security (source: enbw.com). Documented benefits include a strong balance sheet to accelerate investments in a changing sector.

Contact


Last updated on 2025-12-27 | Report an issue

We are looking for people who believe in the positive power of energy and in their own ability to move things forward. People who know the importance of energy and infrastructure and recognize the immense opportunities they present to shape the future for everybody. Because we are just the same: a large, dynamic company that opens its door wide to people who want to join us in turning ideas into real change.

Our benefits

We want our employees to feel secure - in every aspect. That is why we value stable working relationships, safely equipped workspaces, regular health checks and individual onboarding and development. Financial extras such as and allowances provide additional security.

Further benefits:

  • 30 days annual leave
  • Financial extras such as vacation pay and Christmas bonus, profit-sharing, an employee savings plan, company pension scheme, energy price discount and child bonus
  • Leasing options for mobile devices and bicycles
  • Discounted "Deutschland-Ticket" (train ticket)
  • Flexible working models such as part-time hours and home office
  • More about our various employer benefits at a glance

Your tasks

The Credit Risk Team oversees the counterparty onboarding process for all trading activities - pipeline flow, seaborne activities and more structured deals such as PPAs - from the KYC to Agreements negotiation and management the credit risk arising in the Trading Business unit. With a relatively flat structure, you will learn but also provide your expertise and knowledge on a wide array of commodities and topics to many internal and external stakeholders:

  • Evaluate credit risk of prospective deals and propose mitigation strategies.
  • Conduct credit ratings and analysis for both new and existing counterparties.
  • Monitor and manage a dedicated portfolio of counterparties.
  • Prepare and present recommendations to the Head of Credit or Risk Committees.
  • Ensure accurate maintenance of static and reference data for counterparties in relevant systems.

Your profile

  • University degree in economics or business administration.
  • 2-5 years of experience in credit risk management within the energy sector, preferably in trading or utilities; banking experience considered.
  • Strong analytical and conceptual skills.
  • Excellent communication abilities with internal and external stakeholders.
  • Autonomous working style with fluency in English; German language skills preferred.

EnBW's Trading business unit is EnBW's central market access point to the energy markets. We are active in key European markets and on international energy exchanges. Our Trading unit is responsible for the optimal management of EnBW's portfolio, is active in the trading of renewable energies and thus supports the Energiewende. We are also involved in future topics such as hydrogen or smart & digital in trading, as well as in new supply contracts and the management of renewable energies. EnBW's Business Unit Trading operates with an international team with employees from more than 30 nations, represented at 4 European locations: Germany, England, Norway and Switzerland. Take the chance and play a part in shaping the future.

Contact

Are you interested? Apply online now! A cover letter is not required; we may ask a few job-specific questions in our application form.

In addition to EnBW, our recruiting team also recruits for other Group companies. If you have any questions, please contact Manuela Wieckenberg | [email protected].

Everyone is embraced here, irrespective of gender, age, sexual orientation, heritage, faith, beliefs, or physical ability.

Our information on data protection for applicants (f/m/d).

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About the role

December 23, 2025

Full Time

Company

January 9, 2026

Flexible

EnBW Energie Baden-Württemberg

enbw.com

  •  Karlsruhe, Germany

2-5 years

UTC+01:00

Apply now

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