EnBW

EnBW is one of the largest energy supply companies in Germany and Europe, with a workforce of 27,000 employees. EnBW UK Ltd is a wholly owned subsidiary of EnBW and part of EnBW's Trading division, which is EnBW's central point of access to the energy markets. We are active in key European markets and international energy exchanges. The Trading division is responsible for the optimal management of the EnBW portfolio and energy trading. We support the energy transition through active marketing and management of renewable energies, PPAs, direct marketing and hydrogen supply and sales. This is an exciting time to be part of our international team, whose mission is to develop smart energy products and promote renewable energy. EnBW's trading business operates in 4 European countries; Germany, UK, Norway and Switzerland. This position is based in London and is a hybrid remote role.

• A competitive salary and a generous holiday package
• Pension contributions
• Health assessment, private medical and dental insurance
• Significant training, development, and career growth opportunities
• Attractive workplace in a brand-new office

• Take full responsibility for capturing and transparently communicating risk to traders and management 
• Risk analysis with a focus on the European gas and power markets (particularly the UK)
• Ensure that risk reporting is focused on providing information, not data, in a concise and simple manner to enable timely and fully informed decisions.
• Ensure that the risk assessment of new business related to the Desk is comprehensive and appropriate to the risk/return profile
• Further develop risk management for renewable PPAs and long term contracts, including challenging trading and hedging strategies. and  contribute to the development of risk governance and risk management strategies to maintain a best practice approach to risk assessment and valuation.
• Define and monitor limits
• Support the implementation of risk and PnL measurement for power assets in the new risk system based on the Beacon platform by specifying requirements from a risk manager perspective, streamlining processes and conducting user acceptance testing.
  
  

Convincing Profile 

• University degree in mathematics, physics, economics or comparable quantitative background
• Experience in risk management for asset trading in a portfolio of renewable assets, long-term contracts and supply contracts (power) 
• At least experience with delta, ideally also with gamma and vega position of power plants and hedging with market product
• Experience in dealing with the complexity of asset optimisation processes
• Very Good communication skills
• Fluent in English and ideally German

About Us

As one of the largest German utilities and the only fully integrated one, EnBW pursues a clear strategy with a focus on renewable energies and builds photovoltaic and wind farms (onshore and offshore) in Germany, as well as in other European countries such as Uk and Sweden. Additionally, we invest in electromobility and have one of the largest networks of fast-charging stations in Germany. 

EnBW Trading supports the overall strategy of EnBW by expanding its business and actively taking on risks: more markets, more products, longer durations. In this context, many processes and systems are used that generate operational risks. These risks should be minimized while considering costs. Furthermore, EnBW Trading views the minimum requirements for risk management (MaRisk) as a relevant German quality standard for EnBW Trading's risk management and undergoes compliance checks every two years. Accordingly, continuous compliance with this standard must be ensured. This role will be based in our office in London.