DOJ Veteran Claiborne (Clay) W. Porter Joins Navigant’s Global Investigations Practice
Financial crime specialist offers expertise to financial institutions and corporations
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 fraud.
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
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
Navigant's 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.