Anti-Money Laundering Experts in Frankfurt
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Meet FRATCH Experts in Frankfurt, who have recently used Anti-Money Laundering
Firas Jradi
Last position:
Interim Management Group Head of IT Governance & IAM at French-German Private Bank
- 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.
Joachim Auster
Last position:
Project Manager HubSpot, Tracking + Analytics Expert at Swiss Post
- Create a tracking concept for Google Tag Manager and Google Analytics including data layer, events, triggers, and reporting
- Manage the project team (developers, designers, performance specialists)
- Serve as communication interface between stakeholders and digital departments
Richard Reynolds
Last position:
Vice President– Head of Claims Operations, Europe at SOMPO International
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.
Axel Zimmermann
Last position:
Project Manager at NTT Global Data Centers
- Project management
- Coordination of the rollout of 148 firewalls (Palo Alto) for 74 buildings at more than 14 locations in EMEA
- Management of the team (8 employees)
- Communication with senior management (local) and site managers (EMEA)
- Ensuring work packages were completed on time and according to requirements, including formal acceptance
- Extensive use of the relevant Microsoft tools
- Wrike (project management)
Christian Schmitt
Last position:
Operation Manager at Xerof
- 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
Leonid Ravin
Last position:
IT Business Analyst / Requirements Engineer at S-Payment GmbH / Sparkasse (DSV-Gruppe)
- 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.
Akshay Singh
Last position:
Corporate Services Manager at Blitzstart Services GmbH
- 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
Tatyana Chernyshova
Last position:
Transaction Monitoring, Risk Analysis, Controls (Private and Corporate Clients) at Direct Bank
- Risk analysis
- Performing control activities
- Transaction Monitoring
Simone Kopp
Last position:
Consultant at EPSM (European Association of Payment Service Providers for Merchants)
Funda Toprakci
Last position:
Senior Business Consultant at Bethmann Bank AG
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
Oliver Kampmann
Last position:
Certified Public Accountant (German Public Auditor) at Self-employed
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.
Svenlars Anders
Last position:
Freelance Business Analyst at European payments service provider
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Statistics of experts using Anti-Money Laundering
Aggregated from the professional profiles of matched freelancers.
Experience
23 years
Position duration
2 years (Germany: 2.8 years)
Positions per freelancer
15 (Germany: 12)
Top business areas
Finance, Information Technology, Operations
Top industries
Banking and Finance, Information Technology, Professional Services
Certification focus areas
Project Management, Business Intelligence, Finance
Bachelor's degree or higher
90% (Germany: 89%)
Master's degree or higher
60% (Germany: 64%)
Doctorate
10% (Germany: 4%)
Certifications per freelancer
4 (Germany: 3)
Most common languages
German, English, French
Speak two or more languages
100% (Germany: 98%)
Based on our profile pool as of 30 Aug 2026.
Daily rate distribution
The chart shows how the daily rates of freelancers in this technology in Frankfurt are distributed, based on recent contracts on our platform. Each bar covers a rate range — its height shows how many freelancers charge within that range.
Average rates of experts in Frankfurt using Anti-Money Laundering
Rates are based on recent contracts and do not include FRATCH margin.
The average daily rate is the mean of all daily rates from recent contracts of comparable freelancers on our platform.
The median daily rate is the middle value of all daily rates — half of comparable freelancers charge less, half charge more. Unlike the average, it is barely affected by outliers.
Calculated based on our freelancers’ daily rates as of 30 Aug 2026. Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.
About the technology
AML in practice
Anti-Money Laundering, often called AML, covers the checks and workflows used to spot suspicious financial activity and support compliance reviews. It shows up in payment flows, customer onboarding, sanctions screening, transaction monitoring, case handling, and reporting paths.
Core work
- Design transaction monitoring rules and review steps
- Support KYC and customer risk scoring
- Triage alerts and document investigation outcomes
- Improve screening, escalation, and audit trails
- Align processes with internal controls and compliance teams
Tools and systems
AML work usually sits across screening engines, case management tools, data feeds, and reporting layers. Strong specialists know how to connect rules, data quality checks, watchlist logic, and evidence handling so reviews stay consistent and traceable.
When to bring in specialists
Companies bring in freelance AML experts when they need help with a new monitoring setup, a control gap, a backlog of alerts, or a change in product, market, or entity structure. In Frankfurt, this often matters for firms working with banking, payments, and cross-border financial services.
What strong experts do
Strong professionals understand both the compliance goal and the operational detail. They write clear procedures, test edge cases, explain false positives, and work well with risk, legal, operations, and data teams. They also keep documentation clean enough for reviews and audits.
Remote or on-site
AML projects can often be handled remotely, especially for rule tuning, documentation, and workflow design. On-site work helps when teams need access to internal systems, sensitive case material, or close coordination with Frankfurt-based stakeholders. German and English communication both help in mixed regulatory teams.
Frequently asked questions
The facts hiring teams ask for most often when it comes to Anti-Money Laundering.
A strong Anti-Money Laundering freelancer helps design and improve controls that detect suspicious activity and support internal reviews. That can include transaction monitoring, alert triage, KYC support, escalation steps, and audit-ready documentation. The exact scope depends on whether the project is about setup, cleanup, or ongoing operations.
Anti-Money Laundering is the broader discipline, while KYC and sanctions screening are common parts of it. AML work also includes transaction monitoring, investigation handling, and reporting workflows. If a company only needs one part of the chain, the specialist should still understand how that part fits into the wider control model.
A good Anti-Money Laundering specialist combines compliance knowledge with structured process work and clear documentation. Useful adjacent skills include KYC review, sanctions awareness, data analysis, case management, and working with risk or operations teams. For technical projects, familiarity with rules engines, data quality issues, and workflow tooling helps a lot.
A Anti-Money Laundering project that only needs document cleanup or review support may work with a focused specialist. A new monitoring framework, model tuning effort, or control redesign usually needs someone who has handled similar work in regulated settings. The more sensitive the workflow, the more important it is that the expert has seen real investigations and audit expectations.
Anti-Money Laundering focuses on money movement linked to financial crime, regulatory review, and evidence trails. Fraud detection is usually aimed at unauthorized behavior, account abuse, or loss prevention. The two areas overlap in data and alerts, but the decision logic, reporting duties, and stakeholders are not the same.
Yes, many Anti-Money Laundering tasks can be done remotely, especially process design, alert review support, and documentation. Frankfurt teams often still want close communication because financial services workflows are sensitive and involve internal stakeholders across compliance, operations, and legal. Hybrid or occasional on-site work can help when access to systems or case discussions is needed.
Look for clear examples of how the Anti-Money Laundering specialist improved a workflow, reduced noise, or made reviews easier to audit. Good signs are structured thinking, precise documentation, and the ability to explain why a control exists, not just how to use a tool. Ask how they handle false positives, evidence gathering, and handoffs between teams.
For Anti-Money Laundering work in Frankfurt, ask which systems, business lines, and review steps the expert has handled before. Also check language comfort, availability for stakeholder calls, and whether the work is remote, hybrid, or tied to a specific office process. That helps you avoid a mismatch between compliance needs and day-to-day delivery.
The average hourly rate of freelancers in Frankfurt, Germany who have used Anti-Money Laundering in their recent projects is 135 €, which corresponds to a daily rate of about 1,078 € based on an 8-hour working day.
Of the freelancers in Frankfurt, Germany who have used Anti-Money Laundering in their recent projects, 90% hold at least a Bachelor's degree, 60% hold at least a Master's degree, and 10% hold a doctorate.
On average, freelancers in Frankfurt, Germany who have used Anti-Money Laundering in their recent projects have 23 years of professional experience, with a single engagement typically lasting around 2 years.
The most common languages among freelancers in Frankfurt, Germany who have used Anti-Money Laundering in their recent projects are German (100%), English (100%), and French (33%).
The most common industries among freelancers in Frankfurt, Germany who have used Anti-Money Laundering in their recent projects are Banking and Finance (92%), Information Technology (58%), and Professional Services (50%).
The most common business areas among freelancers in Frankfurt, Germany who have used Anti-Money Laundering in their recent projects are Finance (83%), Information Technology (83%), and Operations (83%).
Main locations of FRATCH Experts, who have recently used Anti-Money Laundering
Our freelancers and interim experts are at home across the DACH region — available on-site in the major business hubs or fully remote. Choose a location to discover matched specialists, local market insights and up-to-date availability.
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Munich