Financial crime specialist offers expertise to financial institutions
CHICAGO--(BUSINESS WIRE)--Jan. 8, 2018--
Navigant Consulting, Inc. (NYSE: NCI) has expanded its global
investigations and compliance practice (GIC) with the addition of
Claiborne “Clay” W. Porter, a former supervisor and trial attorney with
the U. S. Department of Justice’s (DOJ) Money Laundering and Asset
Recovery Section, the company announced today.
Porter has been named managing director and head of investigations.
Navigant’s GIC practice combines industry experience, forensic
accounting, and an investigative approach to help financial institutions
and companies effectively respond to inquiries and government
investigations, and navigate compliance. The practice produces
strategies and programs related to anti-money laundering, anti-bribery
and corruption, Dodd-Frank compliance, FATCA, accounting, and financial
Porter’s responsibilities will include oversight of Navigant’s
anti-bribery and corruption compliance, and forensic accounting and
financial investigations teams, and he will also work on anti-money
laundering and economic sanctions matters, including issues related to
asset tracing and recovery.
“During his 16 years as a white-collar defense attorney, state
prosecutor, and most recently as a federal prosecutor, Clay handled
complex international investigations and prosecutions related to
white-collar crime,” said Ellen Zimiles, managing director and leader of
Financial Services Advisory and Compliance. “His work with U.S. and
foreign regulators and law enforcement has given him a unique and
valuable perspective into the government’s expectations as to what
constitutes an effective and comprehensive compliance program for
financial institutions and multinational corporations.”
Porter previously served as the acting principal deputy chief of the
DOJ’s Money Laundering and Asset Recovery Section and as chief of the
Bank Integrity Unit. In those roles, he supervised approximately 150
attorneys and staff, in addition to managing complex financial
investigations and prosecutions conducted in partnership with U.S.
Attorneys’ offices across the country. He has been involved in almost
every significant Bank Secrecy Act and sanctions prosecution of a
financial institution during the last seven years.
Prior to his supervisory roles, he led teams of prosecutors in
investigations of financial institutions of all kinds. Before joining
the DOJ, he was an associate with two international law firms. He also
served as an examining attorney for the New York City Mayor’s Commission
to Combat Police Corruption and an assistant district attorney in
Brooklyn, NY, prosecuting violent crime.
Financial Services Advisory and Compliance practice advises with
banking, insurance, and investment management firms to enhance and
streamline compliance, manage risk, safeguard reputations, and create
competitive advantage. Navigant helps clients address issues related to
regulatory compliance, risk management, process improvement, business
model transformation, information technology, and outsourcing.
Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global
professional services firm that helps clients take control of their
future. Navigant’s professionals apply deep industry knowledge,
substantive technical expertise, and an enterprising approach to help
clients build, manage, and/or protect their business interests. With a
focus on markets and clients facing transformational change and
significant regulatory or legal pressures, the firm primarily serves
clients in the healthcare, energy, and financial services industries.
Across a range of advisory, consulting, outsourcing, and
technology/analytics services, Navigant’s practitioners bring sharp
insight that pinpoints opportunities and delivers powerful results. More
information about Navigant can be found at navigant.com.
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Source: Navigant Consulting, Inc.
Navigant Investor Relations