KWG Experts in Germany
for compliant financial services with fast, precise AI matchingHire experts who interpret German banking requirements, prepare licensing documentation and shape risk controls for regulated financial services. Work with vetted, available freelancers matched quickly to your project and its specific compliance needs.
Meet FRATCH Experts in Germany, who have recently used KWG
Paul K.
Last position:
Program Manager – Multi-Project Operational Stabilization (Operational Excellence) at ITDZ - IT Service Center Berlin
- Overall leadership of several strategic operations projects focusing on Workplace Services, SLA Framework, access management, certificate management, e-learning, backup & recovery, test management, and capacity management, as well as the introduction of system monitoring and feasibility studies for 24x7 operations, in some cases including implementation in ServiceNow
- Creation of various ServiceNow operating concepts covering training, access rights, and emergency management as part of a new cloud hosting initiative for the ServiceNow platform
- Executive board reports and leadership of steering committees as part of company-wide strategic objectives, as well as the establishment of new balanced scorecards for measuring KPIs related to optimization-driven project results
Katarzyna G.
Last position:
Interim Financial Accountant / Accounts Payable at Consulting for an alcoholic beverage manufacturer
- Supported monthly and annual closing activities
- Checked incoming invoices for formal and factual accuracy
- Posted incoming invoices
- Contact person for internal departments on accounting matters
- Created and maintained vendor master data
- Processed open items
- Took on additional accounting-related special tasks
- Managed the functional mailbox
- Performed payment runs
Training and knowledge transfer – Accounts Payable:
In addition to the tasks above, I was responsible for training and transferring knowledge to 8 employees of an external service provider in India who took over the accounts payable activities:
- Conducted structured training and practical guidance throughout the accounts payable process
- Trained employees in checking and posting incoming invoices, including formal and factual checks
- Taught vendor master data maintenance, open-item processing and payment runs
- Trained employees in using the functional mailbox and communicating effectively with internal departments
- Explained accounting procedures, controls and company-specific accounts payable requirements
- Conducted “Training on the Job” using practical posting cases and real business transactions
- Supported the team in independently carrying out accounts payable processes and resolving accounting questions
- Checked the quality and accuracy of work results and provided continuous feedback and coaching
- Supported the transfer of accounts payable processes to the external service provider and ensured structured knowledge transfer and an orderly handover
- Supported a smooth transition by documenting processes, clarifying responsibilities and ensuring consistent application of accounting requirements
Software: JDE, ELO, SAP Concur
Onur K.
Last position:
Project Manager & Outsourcing Manager at SENEC GmbH (EnBW Group)
- Built a scalable nearshore IT developer hub (Croatia, Czech Republic, Poland) as an independent company through a BOT model (Build – Operate – Transfer)
- Identified, selected, and managed full-service agencies; introduced management and control mechanisms, including KPIs, SLAs, and regular service reviews
- Prepared and reviewed data processing agreements and framework contracts in coordination with Legal & Compliance; integrated regulatory requirements (including KRITIS) into process design
- Advised on cloud vs. on-premise strategies, data storage, and authorization concepts; supported Procurement with tendering and service provider evaluations
- Managed change and process harmonization between internal teams and nearshore partners; reported to executive management, CFO, and CIO
Result: Scalable IT developer hub with an audit-ready governance model, reduced operating costs, and accelerated product development.
Michael S.
Last position:
Establishment of Compliance/TPRM at Haftpflichtkasse
Establishment of Compliance Department & DORA Operationalization
- Establishment of a complete compliance organization in accordance with DORA
- Development and operationalization of the SfO
- Use of AI agents for automation:
- Evaluation of due diligence questionnaires including risk classification
- AI-supported contract analysis (DORA/MaRisk compliance)
- Monitoring of external data sources (cyber incidents, newsfeeds)
- Establishment of a decentralized risk and action register
- Preparation of GAP analyses and derivation of measures
- Establishment and maintenance of the Outsourcing Information Register
- Use of proprietary TPRM frameworks, checklists and process models
Establishment of Compliance Department & DORA Operationalization
- Establishment of a complete compliance organization in accordance with DORA
- Development and operationalization of the SfO
- Use of AI agents for automation:
- Evaluation of due diligence questionnaires including risk classification
- AI-supported contract analysis (DORA/MaRisk compliance)
- Monitoring of external data sources (cyber incidents, newsfeeds)
- Establishment of a decentralized risk and action register
- Preparation of GAP analyses and derivation of measures
- Establishment and maintenance of the Outsourcing Information Register
- Use of proprietary TPRM frameworks, checklists and process models
- Project controlling - presentation and structured measurement of project goals achieved as part of management reporting.
- Overall responsibility for establishing a Compliance, Governance and Risk organization
- Establishment of an integrated GRC model and executive reporting for the Management Board.
Klaus J.
Last position:
DORA & BCM Expert at Anonymous client, financial services sector (regional bank GFG)
Strengthening digital operational resilience and strategically and operationally implementing DORA requirements. ICT risk management and governance; DORA-compliant ICT incident processes; digital operational resilience testing; outsourcing and ICT service provider management.
Henry H.
Last position:
Interim Manager IT-Compliance at Int. Fertigungsunternehmen
- Industry: mechanical engineering, vehicle manufacturing
- Regulations: Data Act
- Project focus: data governance, legally compliant use of machine data, data platforms
- Assigned by: CFO, platform product owner
Successes/Results (early phase):
- Compliance support for the setup of an internal standardized data usage platform based on Databricks.
- Created the basis for the legally compliant and effective use of machine data, including:
- Technical: gap analysis and closing of gaps in the segmentation and maintenance of collected machine data.
- Technical: consideration of data flows from the platform to users and third parties.
- Organizational: drafting and finalizing the required data usage agreements.
Guido B.
Last position:
Self-employed Management Consultant and Interim Manager at BCTC Unternehmensberatung Guido Bäcker
Consulting, training and coaching in the financial sector on strategy, organization and IT topics
MorgenFund: Advising the operator of a fund platform on software selection for a sub-ledger "Cash Accounts" based on virtual IBANs (VIBAN)
Structuring requirements, market screening, preparing RfIs, communicating with vendors and conducting the selection process
UniCredit/HypoVereinsbank: Workstream Lead "Booking and Customer Reporting" in the payment transformation project "PULS"
Business analysis, preparing business requirements and coordinating the solution items as part of the functional specification with the bank's IT service providers
Business analysis of SEPA CT and SWIFT MX (.camt-, .pain- and .pacs- formats), change management, team leadership for a virtual team of fifteen line experts and stakeholder management
equensWorldline Germany: Program management for three projects of the SWIFT Service Bureau (CBPR+, ESMIG and Euro1Step1 migration) as part of the SWIFT MX migration
Managing individual project leads with regard to cross-project goals and requirements; reporting to internal and external committees and stakeholders; coordination with dependent projects and programs
Project management/PMO: Interim project management, deputizing for project leads, resource planning, budget and cost management, general PMO activities
Manfred P.
Last position:
Senior IT Project Manager EfA / OZG Online Services at Senatskanzlei ITD Hamburg, Dataport, Police Hamburg
The online service "Special Use of Streets and No-Parking Zone" was in a partially completed state. The following tasks had to be carried out to reach final completion:
- Preparation of an expert report on the status of the online service, and recommendations for action
- Ensuring that all LEIKAS to be used are available (service catalog / service descriptions of the authorities)
- Creating and aligning concepts for complex IT projects (business/IT concepts, architecture, interfaces, roadmaps)
- Requirements management
- Multi-project management with 3 stakeholders (Police, Dataport, development company)
- Determining resource needs
- Coordination to identify technical requirements through the IT architects
- Creating use cases and test cases
- Creating action items
- Managing external IT service providers
- Coordination and management of all activities
- Conflict resolution / business mediation
- User Acceptance Test (UAT) and acceptance by Hamburg Police (Traffic Directorate, Policy Department, Central Road Traffic Authority)
Technical environment: .NET, EfA minimum requirements, Leikas, Administrative Procedure Act (VwVfG), HWG (Hamburg Roads Act), Atlassian Jira, Confluence, MS Office
Peter M.
Last position:
Managing Partner without operational responsibilities at pt plus GmbH & Co. KG
- Full-service marketing agency for global technology groups
Mario K.
Last position:
Senior Manager and Transition Architect at Wavestone AG
- Designed and managed complex transformation programs in regulated industries, including target vision, operating model and governance.
- Led and coached teams and executives to establish modern delivery, portfolio and organizational structures.
- Advised executives and department heads on roadmaps, organizational development and strategic transformation decisions.
- Business development, proposal development, pitch support and building strong customer relationships.
- Built internal methods, standards and practice contributions for banking, insurance and agile transformation.
Peter K.
Last position:
IT Audit Expert at Sparkasse
Support for Internal Audit:
Conducting an audit of the data protection officer and data protection management:
- Preparing an audit program based on the audit field concept
- Requesting the necessary audit documentation
- Carrying out control testing based on the audit program with the following focus:
- Reviewing the relevant PPS processes
- Reviewing the data protection mission statement, data protection policy, and data protection management concept
- Conducting audit interviews with the data protection officer
- Preparing the audit documentation
- Training a junior auditor in the methodology of Internal Audit
- Coordinating the audit documentation with the head of audit
Pierre G.
Last position:
Ansible Automation, Windows Third Level Support at DB InfraGO AG
- PRISMA project
- Ansible automation
- Windows third-level support for Windows NT, Windows 2000, Windows 2013, Windows 2016, Windows 2019
Natascha K.
Last position:
Business Analyst DORA and System Architecture at PSVaG
- DORA consulting and system optimization
- Process analysis of existing business processes that are complex from both a business and technical point of view
- Analysis of the individual business processes in the relevant business areas Trading, Back Office, Settlement, Custodian Bank
- Interface between the business units and IT to understand and define requirements
- Creation of a business concept incl. adjustments and implementation of software applications and their interfaces to the systems
- Preparation of a decision template for the management board for project approval
- Setting up and running project meetings with the relevant stakeholders and documenting them
- Close collaboration with the stakeholders
- Coordination and control of the analysis
- Creation and planning of resources and budget
- Onboarding of large banks (Asia and Eastern Europe) for Depot B
- Migration of portfolio holdings (volume around EUR 70-100 million)
Peter H.
Last position:
Consultant Financial Data Warehouse Migration Interfaces Reporting at Large bank / central institution
- New connection of the product interfaces of the Financial Data Warehouse (FDW) directly to the Abacus 360 native interfaces
- IT environment: PC, client-server, Citrix remote client, Oracle DB
- Mapping of FDW outbound to Abacus 360 Native
- Analysis of requirements documents, business concepts, and existing interface rules
- Definition of new FDW rules for outbound to Abacus 360
- Adjustment of test scripts for the new interfaces
- Execution of tests to ensure correct data delivery and processing
Julian V.
Last position:
Project Lead Change the Bank at Stock Exchange Operator, Eschborn, Germany
Led a highly complex and extensive Change the Bank project focusing on third-party risk management
Guided and supervised up to 15 qualified consultants
Defined and regularly reviewed the status of required measures to address audit findings in third-party management
Ensured and verified banking regulatory compliance (BAIT, MaRisk, DORA, BSI Standards, ISO 27001, NIST Cybersecurity Framework) of processes and artifacts
Coordinated validation of project artifacts with internal audit
Supported mitigation of identified deviations
Prepared documentation for deregistration of the corresponding finding with BaFin
Coordinated with stakeholders in the group for approval of deregistrations
Prepared, accompanied, and regularly independently reported project status to the board and C-level executives
Introduced agile (SCRUM) project management
Supported a six-month RfP and POC process for a SaaS solution for third-party management
Assisted in implementing the SaaS solution and consolidating data from various source systems into the new SaaS
Discover over 15,000 top freelancers
Statistics of experts using KWG
Aggregated from the professional profiles of matched freelancers.
Experience
27 years
Position duration
3.2 years
Positions per freelancer
17
Top business areas
Information Technology, Project Management, Operations
Top industries
Banking and Finance, Information Technology, Professional Services
Certification focus areas
Information Technology, Project Management, Audit
Bachelor's degree or higher
86%
Master's degree or higher
54%
Doctorate
11%
Certifications per freelancer
4
Most common languages
German, English, French
Speak two or more languages
100%
Based on our profile pool as of 29 Oct 2026.
Daily rate distribution
The chart shows how the daily rates of experts in this technology in Germany are distributed, based on recent contracts on our platform. Each bar covers a rate range — its height shows the share of experts charging within that range.
Average rates of experts in Germany using KWG
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 29 Oct 2026. Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.
KWG experts industry focus
See which industries our matched freelancers work in most often — every figure is calculated live from the freelancers on FRATCH.
- Banking and Finance (92%)
- Information Technology (70%)
- Professional Services (54%)
- Insurance (43%)
- Energy (35%)
- Manufacturing (30%)
- Government and Administration (24%)
- Aerospace and Defense (19%)
Please note that freelancers can work across multiple industries, so percentages overlap.
About the technology
Scope of the KWG
The Kreditwesengesetz, commonly called KWG or the German Banking Act, is a central framework for supervising banking business and financial services in Germany. It defines activities that may require authorisation, sets organisational expectations and supports the stability of regulated institutions. Companies use KWG expertise when assessing whether a planned service falls within a regulated scope.
Regulated activities
KWG specialists analyse business models involving lending, deposit-taking, payment-related services, investment services and other financial activities. They translate product designs into regulatory questions and identify where authorisation, notification or supervisory coordination may be needed. Their work often covers fintech products, banking partnerships, embedded finance and changes to existing services.
- Classify products and business activities under the KWG
- Assess licensing and supervisory implications
- Review outsourcing and partner arrangements
- Map governance and control responsibilities
Compliance deliverables
A strong professional can prepare regulatory assessments, licensing packages, policies, control frameworks and management briefings. The work may also include documentation for fit-and-proper reviews, risk management, internal controls and supervisory communication. Clear records connect legal interpretation with operational processes that teams can actually follow.
Connected expertise
KWG work rarely stands alone. Relevant adjacent skills include German and European financial regulation, AML and KYC controls, payment services, investment law, data protection, outsourcing governance and operational risk. Familiarity with BaFin expectations, audit evidence, compliance monitoring and regulated technology environments helps turn analysis into an implementable framework.
- Regulatory perimeter and licensing analysis
- AML, KYC and transaction-monitoring interfaces
- Risk, governance and internal-control design
- BaFin communication and audit preparation
When companies engage specialists
Companies bring in freelance KWG expertise when launching a financial product, entering the German market or changing a regulated operating model. Support is also useful during licensing preparation, remediation programmes, audits, acquisitions and supervisory requests. In Germany, remote collaboration can work well when documentation and workshops are structured; on-site sessions may help with sensitive governance decisions and stakeholder alignment.
What good looks like
The best professionals distinguish legal requirements from prudent practice and explain both in language that product, legal, risk and executive teams understand. They test assumptions against the actual flow of funds, decision rights, customer journey and operating model rather than relying on generic checklists. Look for precise written reasoning, relevant financial-services context, evidence of sound stakeholder work and recommendations that remain practical after delivery.
Frequently asked questions
Everything clients usually want to know about KWG, in one place.
The KWG regulates banking business and financial services in Germany. It helps determine whether a business model requires authorisation and sets expectations for governance, risk management and supervision.
The Kreditwesengesetz is German national legislation, while European rules may apply directly or be implemented through German law. A specialist should assess both layers, including how EU requirements interact with German authorisation and supervisory practice.
A strong German Banking Act specialist often works with AML, KYC, payment services, investment law, data protection and outsourcing controls. Experience with BaFin communication, operational risk and internal audit evidence is also valuable.
A KWG project involving a new financial service, licensing assessment or major operating-model change needs substantial regulatory experience. A narrower policy review may need less specialist input, but the professional must still understand the business model and its regulated activities.
Yes, KWG work is often suitable for remote collaboration because assessments, policies and evidence can be handled digitally. On-site workshops in Germany may still be useful for confidential governance discussions, control walkthroughs and alignment with senior stakeholders.
The first sign of quality in Kreditwesengesetz work is a clear link between the legal analysis, the actual product flow and the proposed controls. Ask for reasoning that identifies assumptions, open questions, required evidence and practical owners instead of relying on broad compliance language.
Yes, KWG considerations can affect fintechs that lend, accept funds, provide financial services or operate through regulated partners. The exact analysis depends on the product structure, customer role, flow of funds and responsibilities assigned between the fintech and its partners.
A German Banking Act freelancer may deliver a regulatory perimeter assessment, licensing roadmap, governance policy, risk-control framework or response to supervisory questions. The right deliverable depends on whether the company is launching, restructuring, preparing for review or remediating an identified gap.
The average hourly rate of freelancers in Germany who have used KWG in their recent projects is 124 €, which corresponds to a daily rate of about 991 € based on an 8-hour working day.
Of the freelancers in Germany who have used KWG in their recent projects, 86% hold at least a Bachelor's degree, 54% hold at least a Master's degree, and 11% hold a doctorate.
On average, freelancers in Germany who have used KWG in their recent projects have 27 years of professional experience, with a single engagement typically lasting around 3.2 years.
The most common languages among freelancers in Germany who have used KWG in their recent projects are German (100%), English (97%), and French (27%).
The most common industries among freelancers in Germany who have used KWG in their recent projects are Banking and Finance (92%), Information Technology (70%), and Professional Services (54%).
The most common business areas among freelancers in Germany who have used KWG in their recent projects are Information Technology (92%), Project Management (86%), and Operations (73%).
Main locations of FRATCH Experts, who have recently used KWG
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.
Berlin Hamburg Munich Cologne Frankfurt Stuttgart Dusseldorf Leipzig Dortmund Essen Bremen Dresden Hanover Nuremberg 
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FRATCH CEO
