Business Consultant - Financial Services (m/f/d)
We're looking for a Business Consultant – Financial Services (m/f/d) to join our team in Frankfurt and surrounding areas, Germany in a hybrid working mode. In this role, you will act as the link between client business and technology teams, focusing on requirement gathering, process design and project delivery across retail banking, payments, trade finance, wealth management and capital markets. You will analyze current processes against key regulatory drivers such as MiFID II, Basel IV, PSD2/3, DORA and AML/KYC frameworks, identify improvement opportunities and support solution delivery aligned with client strategies. Additionally, you will assess opportunities to integrate emerging technologies – including AI-powered fraud detection, credit scoring automation and intelligent regulatory reporting – to enhance financial services processes and create measurable client value.
Responsibilities
- Gather, analyze and document business requirements across financial services domains including retail banking, payments, trade finance, lending, wealth management and AI-enabled transformation initiatives
- Collaborate with stakeholders to define processes, prioritize scope and validate business needs
- Conduct workshops and interviews with clients to confirm requirements and expected outcomes
- Translate business needs into functional specifications for implementation teams
- Maintain requirement traceability throughout the delivery lifecycle
- Support solution design, user acceptance testing and change management planning
- Advise clients on regulatory compliance areas including MiFID II, PSD2/3, DORA, Basel IV and AML/KYC frameworks
- Identify, assess and recommend opportunities for AI-driven business process improvements including fraud detection, credit risk scoring and regulatory reporting automation
Requirements
- 4–8 years of experience in business consulting or analysis within the financial services industry or consulting environment
- Solid understanding of banking, payments or capital markets processes and European regulatory frameworks (MiFID II, Basel IV, PSD2/3, DORA, AML)
- Proven capability in requirement elicitation, documentation and stakeholder engagement
- Familiarity or practical knowledge of generative AI concepts and frameworks (e.g., LLMs, prompt engineering, retrieval-augmented generation) and ability to identify business use cases within regulated environments
- Awareness of enabling technologies such as cloud and AI, combined with knowledge of agile delivery practices
- Strong communication, presentation and client interaction skills
- Fluency in English and German
- Bachelor's or Master's degree in Business Administration, Finance or related field
Nice to have
- Hands-on experience with core banking platforms (e.g., Temenos Transact, Finastra Fusion) or digital banking ecosystems
- Exposure to AI-enabled or data-driven transformation programs in regulated financial services environments
- Industry certifications such as CBAP, IIBA, PMP or financial certifications (CFA, FRM, CAMS)
