Karsten Rühlmann began his professional career at Landesbank Baden-Württemberg in 2004. After completing his dual studies in 2007, he worked for 4 years as an investment specialist in Wealth Management at LBBW's subsidiary BW-Bank. Since April 2012, he has been working at LBBW Research on the analysis of covered bonds and Pfandbriefe. In addition to the individual evaluation of covered bond programs, his focus is also on the analysis of the market and regulatory innovations. As a senior investment analyst, he is also responsible for the credit assessment of mortgage banks and special credit institutions in Germany.