Anti-Money Laundering Experts in Frankfurt

• Project lead
• Coordinated the rollout of 148 firewalls (Palo Alto) for 74 buildings at over 14 locations in EMEA
• Managed the team (8 employees)
• Communicated with Senior Management (local) and Site Managers (EMEA)
• Ensured work packages were completed on time and to requirements, and formally accepted
• Extensive use of relevant Microsoft tools
• Wrike (project management)

• Risk analysis
• Performing control activities
• Transaction Monitoring

• Working within a Swiss-regulated Virtual Asset Service Provider (VASP) offering institutional-grade crypto-fiat financial solutions
• Contributed to on-/off-ramp infrastructure enabling clients to convert between cryptocurrencies and fiat currencies
• Supported the rollout of Web3 payments & third-party payment services to streamline crypto operations for businesses
• Engaged with AML/KYC / regulatory compliance to ensure operations met Swiss regulatory standards
• Assisted in product development or deployment for crypto-backed real estate / luxury goods transactions
• Collaborated with institutional and high-net-worth clients to tailor crypto / financial services offerings
• Bridged traditional banking and Web3 by reducing frictions in fiat-crypto transactions

• Head of the group-wide, international, and cross-functional IT Governance & IAM department within the central IT division of a large French-German private banking group. Disciplinary management of around 30 employees at five different locations within the group (Frankfurt, Paris, Tunis, Saarbrücken, Düsseldorf). Head of IT committees and key role in direct communication with management, the supervisory board, external stakeholders, and regulators.
• Definition and establishment of a state-of-the-art IT strategy process and related IT governance structures for the group's IT department with more than 600 employees (testified by the German Federal Financial Supervisory Authority and the ACPR) and successful process run.
• Establishment of a new future-oriented process framework for IT and necessary governance structures (process squads) for the continuous improvement of IT processes with regard to new regulatory requirements (including DORA, EU AI Act, etc.).
• Establishment of stringent processes to close a historical backlog of findings (> 100 IT findings, 40 overdue findings in 2022) from internal and external auditors (WP, ACPR, BaFin). Successful reduction of stock of overdue findings to 0 at the end of 2025.
• Supporting more than 20 IT audits per year and establishment of regulatory monitoring processes. Introduction of ServiceNow to revolutionize regulatory change and IT compliance processes with advanced AI functionalities.
• Realignment of IT control processes in conjunction with the newly established ICT risk function under DORA and the three lines of defense concept using the TopEase GRC solution.
• Reduction of the application landscape, by systematically analysing the purpose with application and business owners, identifying duplicates while implementing a One-Tool Strategy throughout the group. Successful reduction of one third of the application landscape within the CMDB.
• Onboarding of all group applications into One Identity's group-wide IAM solution, as well as operation and further development of the solution in connection with segregation of duties (SoD), role-based access management (RBAC), etc.

• Stakeholder management and coordination of board meetings
• Acquisition of speakers as well as management and moderation of physical and virtual EPSM meetings for members and guests from the payment industry
• Organization and coordination of working groups on regulatory topics (DORA, PCI-DSS, AML, PSD3/PSR)
• Consulting and representing EPSM on social channels, on the web and at external events and trade fairs

• Managing TPA Manager and a team of 10 Claims Operation Assistants.

• Designing and implementing processes and workstreams using Guidewire from the ground up with European claims teams across all lines of business.

• Establishing service level agreements (SLAs) and detailed key performance indicators (KPIs) with new business intelligence (BI) reporting, payment and performance analysis.

• Developing, steering and analysing 50+ strategic, operational and IT initiatives, driving digital change and AI automation in payments while meeting DORA, GDPR, ACM and BAIT MaRisk regulatory compliance.

• Increasing customer satisfaction scores by 80%.

• Attracting and mentoring market-leading operational and TPA talent.

• Demonstrating strong stakeholder leadership and swift decisional influence.

• Business analysis of payments for the introduction of Wero EPI in Germany.
• Analysis and optimization of merchant processes in the context of acquiring and issuing.
• Analysis of interfaces for instant payments.
• Analysis of SCT-Inst processes, settlement mechanisms and reporting processes.
• Identification and clarification of gaps in merchant processes.
• Analysis and documentation of clearing and settlement processes.
• OSPlus process analysis and documentation.
• Coordination and alignment with scheme management as well as various payment service providers and financial institutions on merchant processes.
• Preparation and follow-up as well as active participation in EPI meetings on technical coordination and regulatory topics in payments, including content familiarization and prioritization.
• Preparation and documentation of project and steering committees in the EPI environment.
• Creation of status reports for the subproject.
• Maintenance and structuring of Confluence pages for project documentation.
• Coordination and alignment with the issuing teams on individual customer processes as well as aligning with bank processes and acquirer processes in the Wero environment.
• Communication with payment service providers regarding merchant and bank processes in the Wero environment.
• Organizational support for project management in special tasks in the EPI and Wero environment.
• Digital filing and documentation in Confluence and Microsoft Teams.
• Planning, implementation and tracking of work packages and steps.
• Quality assurance and project control.
• Consulting on IT strategy, IT architecture and interface management in the EPI and Wero environment.
• Technical environment: Jira, Confluence, XML, JSON, MS Office (Word, Excel, Teams, PowerPoint), SharePoint, Draw.io, Innovator, 3rd-level support, ITIL, creation and updating of software documentation, interface management, OSPlus, Scrum, KYC, payment, European Payments Initiative (EPI), Wero, Microsoft Loop, Instant Payments, SCT-Inst.

• Contributed to the growth of the new corporate services business leveraging industry expertise with a leading corporate services provider to streamline processes and update current SOPs to boost scalability of operations, resulting in measurable increase in efficiency of task management and enhancing revenue generation from corporate services business
• Drafting tailored business proposal packages according to client specific requirements
• Assisting with and standardising KYC and AML procedures for shelf company sales and corporate service clients
• Assist managing directors of companies operating in Germany (GmbH) to ensure compliance with German legal, tax and compliance regulations, including liaising internally and externally with advisors and subject matter experts
• Assist foreign and German clients with all stages of setup of business in Germany, including shelf company purchase, formal registrations for German commercial register, tax, VAT etc
• Liaise with government authorities as well as third parties on behalf of our clients to ensure continued good standing of the client’s company in Germany
• Assist with sale and all related processes of Blitzstart shelf companies sold to foreign or German clients as part of the client’s investment/business corporate structure. Liaise with client and their advisors to ensure compliance with German legal, tax and compliance regulations, including liaising with subject matter experts

• Ad-hoc support in settlement for derivatives

• Settlement of ETD (futures & options), OTC (DTGs), give-up/take-up etc.

• Position and account reconciliation

• Coordination with trading, Eurex, UBS AG and asset management

• New setup of classes for options and series

• Support of the Securities & Operations unit for EMIR REFIT

• Advisory for project management of EMIR REFIT and support for implementation

• Communication and coordination with the software vendor to clarify business issues

• Main responsibility for creating the test concept for go-live on 29.04.2024 (Phase I) and bug fixes/cleanup actions (Phase II)

• Active support during go-live: creation of transaction, valuation and collateral reports; migration of the position report; defect management and bug fixing

• Inventory of cleanup Phase II

• Business test case creation for EMIR REFIT functionalities and coordination with IT teams and the business unit

• Creation and updating of training documents and work instructions for OBS modules WPS and GDH

Internal audit at two credit institutions in the cooperative sector: MaRisk, risk management/overall bank management, accounting according to HGB, reporting requirements, CRR, anti-money laundering, outsourcing, compliance, KWG, capital gains tax, payment transactions, credit examination (system and individual case reviews with collateral valuation), internal control system, institutional compensation regulation, balance reconciliation, electronic banking, data protection, membership matters, account openings, personnel, associated business, inheritance regulations, special matters, goods trading, CSRD/taxonomy regulation/ESRS/sustainability, problem loans and intensive support.

Internal audit at an asset management company: outsourcing, risk management, collective fund management, anti-money laundering, institutional compensation regulation, InvMaRisk, IFRS (2023-2025).

Internal audit at a CRR credit institution including risk management, liability umbrella, procurement: MiFID II conduct of business rules according to §§ 63 ff. WpHG, KWG, HGB, WpHG, WpHG compliance, WpHGMaAnzV, EBA, BaFin (2023-2025).

External report review for financial statements of securities institutions and crypto companies: Securities Institution Act (WpIG), KWG, IFRS, appendix, management report, MaRisk, risk management/overall bank management, accounting according to HGB, reporting requirements, CRR, anti-money laundering, outsourcing, compliance, system and individual case reviews with collateral valuation, internal control system (2025).

Internal audit at a credit institution in the cooperative sector (2023-2024): MaRisk, risk management/overall bank management, accounting according to HGB, reporting requirements, CRR, anti-money laundering, outsourcing, compliance, KWG, capital gains tax, payment transactions, credit examination, internal control system, institutional compensation regulation, balance reconciliation, electronic banking, data protection, membership matters, account openings, personnel, associated business, inheritance regulations, special matters, intensive support and problem loans.

Audit of open-ended investment funds (04/2024-05/2024): AIF, KAGB, OGAW, UCITS, SICAV, management company.

Annual financial statement audit at a leasing institution (2023-2024): KWG, HGB, leasing regulations, appendix, management report, reporting requirements, compliance, anti-money laundering, outsourcing, internal audit.

Audit of regulatory requirements at securities institution according to WpIG, MaRisk, anti-money laundering (2024).

IFRS financial statement preparation for investment funds (07/2019-05/2023): HGB to IFRS conversion, appendix, hedge accounting, provisions, equity, price review, subfunds, poolfunds, SICAV, FCP, IFRS 37, IAS 32, 39, IFRS 7, IFRS 9.

Audit of reporting requirements (banking supervision law) at PIE institution (securities trading bank) (02/2023).

Workstream lead for migration of accounting for closed-end funds including closed-end funds accounting/valuation (real estate, aircraft, infrastructure including hedge accounting), particularly multi-level fund structures at overall fund level as well as individual company financial statements within funds (SPVs) according to HGB/KAGB/IFRS, fund administration (consolidation, NAV calculation, regulatory reporting, asset management, particularly fund accounting of tangible assets such as system expansion, system change, setting up new closed-end funds in existing accounting systems), preparation of decision templates from a business perspective and presentation in a steering committee, board-level communication, interface management between IT and the business department, interim assumption of coordination and continuation of VAT reporting at an asset servicing bank (11/2022-02/2023).

Advisory and support for funding applications at a funding institution (11/2022-01/2023).

Conducting annual financial statement audits for a financial holding, credit institution and securities institution according to HGB and WpIG including banking supervision law review (internal audit, anti-money laundering, compliance, MaRisk, CRR, institutional compensation regulation) (03/2022-07/2022).

Annual financial statement audit of a credit institution with a focus on crypto business/crypto trading according to HGB and WpIG including banking supervision law review (internal audit, anti-money laundering, compliance, MaRisk, institutional compensation regulation, CRR, compliance, anti-money laundering, outsourcing) (03/2022-07/2022).

Conducting annual financial statement audits for a financial holding, credit institution and securities institution according to HGB and WpIG including banking supervision law review (internal audit, anti-money laundering, compliance, MaRisk, institutional compensation regulation) (03/2022-07/2022).

Support of internal audit at a credit institution (02/2022-04/2022).

Project-related quality assurance (internal audit, anti-money laundering, compliance, MaRisk, institutional compensation regulation, accounting according to commercial law) and report review during annual financial statement audit of a securities trading bank (10/2021-03/2022).

Project-related quality assurance and report review during annual financial statement audit (including banking supervision law including problem loans and intensive support and executed corporate actions) of a commercial bank (10/2021-03/2022).

IFRS conversion of SPACs (05/2021-08/2021).

Advisory and support for funding applications at a funding institution (04/2021-06/2021).

Support of internal audit at a credit institution (02/2021-04/2021).

Project-related quality assurance (internal audit, anti-money laundering, compliance, MaRisk, institutional compensation regulation, accounting according to commercial law) and report review during annual financial statement audit of a securities trading bank (10/2020-03/2021).

Project-related quality assurance and report review during annual financial statement audit (including banking supervision law and executed corporate actions) of a commercial bank (10/2020-03/2021).

Training in IFRS 17 topics (01/2021).

Annual financial statement audit according to HGB (including banking supervision law and corporate actions) at a factoring company (09/2020-11/2020).

Support in preparation of consolidated financial statement at a real estate leasing company according to HGB (08/2020).

Final audit of 4 leasing companies including banking supervision law and executed corporate actions (04/2020-08/2020).

Project-related quality assurance (internal audit, anti-money laundering, compliance, MaRisk, institutional compensation regulation, accounting according to commercial law) and report review during annual financial statement audit of a securities trading bank (12/2019-06/2020).

Project-related quality assurance and report review during annual financial statement audit of a commercial bank (12/2019-04/2020).

Functional quality assurance during preparation of annual financial statement according to HGB and answering technical questions (management report, notes) regarding accounting according to HGB at a commercial bank specializing in project and aircraft financing (11/2019-02/2020).

Support of "Accounting Principles" department at a commercial bank with focus on "consumer credit business" particularly on IFRS 9 (hedge accounting, deferred taxes HGB and IFRS) and IFRS 16 (12/2018-06/2019).

Preparation of model audit report and critical review of fund reports for an audit firm.

Preparation of checklists for WpHG audits (12/2018-03/2019).

Project-related quality assurance and report review during annual financial statement audit of a commercial bank (12/2018-03/2019).

Project-related quality assurance (internal audit, anti-money laundering, compliance, MaRisk, institutional compensation regulation, accounting according to commercial law including executed corporate actions) and report review during annual financial statement audit of a securities trading bank (12/2018-03/2019).

Interim management at an international bank with focus on wealth management: advisory on classification of financial instruments under HGB and IFRS, ensuring IFRS reporting preparation, monitoring and derivation of measures to ensure annual financial statement according to HGB considering Brexit changes, ensuring and documenting expert concepts and process descriptions, advisory on technical questions regarding BFA 2, BFA 3, IAS 39, IFRS 9 (06/2018-11/2018).

Internal inspection (04/2018-05/2018).

Project-related quality assurance during execution of annual financial statement audit (with corporate actions) at a securities trading bank and commercial bank (01/2018-03/2018).

Internal audit at an asset management company (anti-money laundering, KAMaRisk, MAD, MIFIR, PRIIP regulation, WpHG) (12/2017-01/2018).

Participation in monthly reconciliations and plausibility checks of derivative results according to HGB and IFRS including executed corporate actions (IAS 39 and IFRS 9), preparation of reports on development and analysis of derivative results, regular preparation of IFRS reporting package, support of commercial law annual financial statement preparation (appendix, management report), support in SAP Fin introduction relating to derivatives including testing of financial instruments in SAP Bank Analyzer for correct posting and support in basic work and basic questions at a public-law development bank in Frankfurt (11/2016-11/2017).

Report review for WpHG audit at a securities trading bank (10/2017).

Project-related quality assurance during execution of annual financial statement audit at a securities trading bank by a mid-size audit firm (01/2017-04/2017).

Preparation of technical IT concept IFRS 9 for loans and answering technical questions IAS 39, IFRS 9 for loans, treasury, hedge accounting and fair value (05/2016-10/2016).

Audit of consolidated package according to IFRS (01/2016).

Participation in development of a group-wide chart of accounts (including representation of corporate actions) according to HGB and IFRS (07/2014-03/2016).

Participation in preparation of a cross-functional (risk management, controlling, accounting, tax) valid new product hierarchy - financial instruments in the group (07/2014-03/2016).

ECB audit: Asset Quality Review Phase 2 PPA (spring 2014).

Audit according to WpHG and deposit law (including MiFID) (spring 2014).

Audit of annual financial statement of a credit institution (including FinRep) (11/2013-03/2014).

Preparation of annual financial statement at a leasing company (accounting according to HGB) including substance value calculations according to HGB and IFRS (10/2012-11/2013).

Preparation of (consolidated) financial statements of credit institutions, clearing and exchange companies (accounting according to HGB and IFRS), preparation of notes according to HGB and IFRS and comparison of annual financial statement information with FINREP criteria and considering MiFID requirements (11/2010-06/2012).

Management of internal audit at an investment stock corporation and securities trading bank (2012).

Additional topics: WpHG compliance audit, anti-money laundering and notification requirements, risk management systems (MaRisk and InvMaRisk), compliance, contingency plan, outsourcing, trading book – investment book, trading and settlement, investment limits, management fees and performance calculations, accounting topics particularly financial instruments including hedge accounting, fair value measurement, pensions, disposal of business segments, interest effects on long-term provisions and liabilities, deferred taxes, subsidiary and associated companies, impairment, foreign currency translation, support of accounting during planned merger of two exchange companies, support of accounting during implementation of full banking license requirements, support of accounting during integration of a majority-owned company into group chart of accounts, risk management audit, audit of processes for restructuring and workout loans, portfolio audit according to WpHG, technical project responsibility for central price provision project for securities/active market, organization and management of meetings and preparation of decisions on this project, development/preparation of IFRS expert concepts considering accounting modernization law on equity-debt, impairment, market price use according to IAS 39/active market considering exposure draft fair value measurement, deferred taxes, operational support in determination of notes according to HGB in a securities and loans group, technical contact person for IFRS questions in the Financial Instruments department, preparation of seminar materials on foreign currency translation according to BilMoG, ad hoc special investigations.

• Jul 2024 – Feb 2025 Transformation (NDA – Clients)

• Implementation of the value creation plan in a private equity-backed industrial company

• Served as Interim Transformation Officer; responsibilities: central project management including timeline, budget, resources, reporting, risks

• Oct 2023 – Apr 2024 Sourcing, Regulation (Retail Bank DE)

• Change Lead for the implementation of a regulation (CESOP), responsible for project governance, project controlling (budget, resources) and project reporting, stakeholder management, timeline and project risks

• Drafted SLAs and aligned with relevant 2nd lines (Legal, Compliance, Tax, Third Party Risk – MaRisk BAIT, ORM) for sourced services; aligned on the Statement of Work

• Apr 2023 – Aug 2023 IT Program Management (Retail Bank DE)

• Local coordinator for the rollout of a project management software combining program and agile backlog management views

• Responsible for migration preparation, communication of changes and new logic in Germany, stakeholder management

• Oct 2022 – Aug 2023 Regulation (Retail Bank DE)

• Local lead of the global program; combined 4 local projects (retail/wholesale banking) to implement the next generation messaging standard (ISO 20022)

• Implemented local project governance, communicated progress, aligned and managed stakeholders with global HQ

• Jul 2022 – Mar 2023 Digitalization, Data Management (Retail Bank DE)

• Change Lead aligning the local retail data model to the global standard and its implications for internal data providers and consumers

• Designed and aligned a detailed implementation plan with global and local stakeholders

• Project management: set up new project governance and routines, reviewed progress in weekly meetings with product owners, chaired SteerCo meetings, documentation

• May 2022 – Apr 2023 KYC Regulation, Process Management (Retail Bank DE)

• Built a highly automated customer offboarding process for retail clients due to non-compliance

• Change Lead in development, testing and implementation in an agile environment with a 40-FTE project team

• Project management: held SteerCo meetings, accountable for the business case, project risk management, stakeholder management

• Jan 2022 – Mar 2022 Strategy, Product Development (NDA - Exchange)

• Coordinator in the concept phase for developing a cryptocurrency certificate with an external investment bank

• Orchestrated 5 workstreams, provided overarching PMO and stakeholder management

• Created the business case and aligned strategic options

• Oct 2020 – Oct 2021 Business Transformation, Sourcing (Largest German Bank)

• Implemented the organizational target operating model for KYC Germany as project manager

• Managed staffing and location setup (hired 250 FTE, logistics for new site)

• Built the KYC competence center for German large caps (department, team, roles) process-wise and organizationally

• Advised on contract negotiations with procurement for sourcing an external KYC provider

• Jan 2020 – Sep 2020 Digitalization, KYC Regulation (Largest German Bank)

• Germany coordinator (project manager) in an agile project to introduce an AMLD-5 compliant KYC software (MVP)

• Stakeholder management as nexus between local staff and management (back & front office), global project management, product owners, IT

• Incident management (capture, prioritization, tracking) with JIRA

• Jan 2018 – Jun 2019 Business Transformation, Tax Evasion Prevention Act Regulation (Largest German Bank)

• Led the implementation of the Tax Evasion Prevention Act in the global Corporate & Investment Banking division

• Analyzed legal requirements and developed a control concept in alignment with business and infrastructure units

• Successfully implemented IT and process solutions within budget and timeline; prepared initial regulatory reporting to the Federal Central Tax Office

• Project management: initiation, chaired SteerCo meetings, communication

• Dec 2016 – Dec 2017 Business Transformation, Banking Separation Act Regulation (Largest German Bank)

• Led the implementation of the Banking Separation Act in the global Global Transaction Banking (GTB) division

• Developed target operating model and process design (control concept) in coordination with IT and 2nd lines (Legal, Compliance)

• Successfully implemented changes in business units and IT per regulatory requirements

• PMO and represented the internal GTB project management in committees

• Jul 2015 Project Management (Largest German Bank – Asset Management)

• Implemented an asset management front-office system

• Interim head of the global PMO (Frankfurt, New York) with 4 staff

• Planned milestones, budget, regular reporting

• Prepared, attended and followed up on senior governance meetings

• Apr 2015 – Jun 2015 M&A Consulting – Due Diligence (NDA – Asset Management)

• Led a European operational due diligence (buy side) for a European asset manager back-office provider

• Produced red flag reports: screened data rooms, assessed organizational structure, identified risks in acquisitions

• Designed operating model scenarios for operations including business case

• Jan 2015 – Feb 2015 Target Operating Model (Largest German Bank)

• Conducted market and competitor analysis to realign multiple securities processing units (private & corporate clients)

• Ran a strategy workshop to develop a new target operating model for securities processing

• Jan 2014 – Dec 2014 M&A Consulting – Post Merger Integration (Largest German Bank)

• Organizational restructuring and group integration during the post-merger integration phase

• Deputy project manager leading 4 staff in the Integration Management Office (status reporting, attended sponsor meetings with senior management)

• Advised workstreams on cost reduction, synergy realization and business case controlling across 11 subprojects

• Feb 2013 – Dec 2013 Sourcing (State-owned Resolution Agency)

• Coordinated sourcing activities for the bankwide service-level agreement (SLA) creation with an external service provider

• Checked SLAs for completeness and consistency, facilitated cross-functional alignment within the bank

• Advised on preparing negotiation positions and participated in discussions with service providers and senior management

• Jun 2012 – Jan 2013 Sourcing (State-owned Resolution Agency)

• Developed site strategy: scenario analysis for European locations and created business case

• Advised and prepared tender and contract documents per EU procurement rules for outsourcing portfolio management services

• Led a team in drafting portfolio management service-level agreements

• Mar 2012 – Jun 2012 M&A Consulting – Carve-Out (Largest German Bank – Asset Management)

• Global carve-out of the institutional asset management business to a US investor

• Led the global operations workstream focusing on 3rd-party contract review, portfolio analysis, drafting and negotiating transitional service agreements

• Oct 2011 – Feb 2012 Regulation (various banks)

• Central support for FATCA project teams with technical work and Deloitte position papers

• Conducted client workshops for a cooperative bank on FATCA strategy for foreign financial institutions

• Process redesign and advisory support during implementation

• Jul 2011 – Oct 2011 M&A Consulting – Carve-Out (Life Insurance)

• Planned and prepared an M&A carve-out transaction

• Analyzed existing processes and defined target processes; facilitated cross-functional workshops and created day-1 checklists

• Operationally led the PMO with 3 staff for the carve-out (prepared and participated in steering committee, developed project plan)

• Feb 2011 – Jul 2011 Project Management (Life Insurance)

• Operational leadership of the PMO, project risk management

• Prepared post-merger integration steering committee at C-level

• Project reporting, stakeholder management, project and budget controlling

• Nov 2010 – Jan 2011 Securities Processing (Landesbank)

• Created data processing and business concepts for securities trading

• Designed test cases for IT interfaces

• Independently coordinated test execution with business requirements

• Sep 2010 – Oct 2010 Project Management (Asset Manager)

• PMO for introducing an independent P&L

• Budget tracking, prepared and documented steering committee