Chip Poncy is the co-leader of K2 Intelligence Financial Integrity Network’s (K2-FIN) Financial Crimes Risk and Compliance practice.
Mr. Poncy is a Senior Advisor for the Center on Economic and Financial Power and a board member of FinClusive, a financial security company dedicated to financial inclusion, and Atomic 47, a global financial services company integrating underserved consumers with new financial technologies.
Mr. Poncy has led and advised financial security remediation, transformation, and enhancement efforts with and for various financial institutions covering:
- Cultural change and enterprise-wide financial crimes compliance (FCC) risk management;
- Risk assessments addressing money laundering, terrorist financing, sanctions, and bribery / corruption threats and vulnerabilities;
- Gap analyses of FCC programs, including with respect to anti-money laundering and countering the financing of terrorism (AML/CFT), sanctions, and anti-bribery and corruption (ABC) global standards, laws, and regulations; and
- Enterprise-wide and targeted training programs for boards, senior executives, and first, second, and third lines of defense covering specialized business, compliance, and audit teams.
Mr. Poncy has also led jurisdictional engagements with countries seeking to strengthen their AML/CFT regimes in accordance with global standards.
From 2002-2013, Mr. Poncy served as the inaugural Director of the Office of Strategic Policy for Terrorist Financing and Financial Crimes and a Senior Advisor at the U.S. Department of the Treasury. Mr. Poncy led an office of strategic policy advisors in creating policies and initiatives to combat the full spectrum of illicit finance and assisted Treasury leadership in developing the U.S. Government’s post-9/11 strategy to combat terrorist financing. Mr. Poncy led the U.S. delegation to the Financial Action Task Force (FATF) from 2011-2013, co-chaired the policy working group of the FATF from 2007-2013, and managed U.S. participation in various G7, G8 and G20 illicit finance expert groups from 2008-2013.
Mr. Poncy began his career as an associate in the New York offices of the law firm White & Case and has served as general counsel to biotechnology and internet radio companies. He has co-pioneered a graduate course on national security and the international financial system as an adjunct associate professor at Georgetown University’s Edmund A. Walsh School of Foreign Service. Mr. Poncy graduated with honors from Harvard College (Bachelor of Arts in Government) and The Johns Hopkins School of Advanced International Studies (Masters of Arts in International Relations), and holds a Juris Doctor from the Georgetown University Law Center.