OUR TEAM

Patrick Haggerty focuses on banking, payments, digital assets, risk management, consumer compliance, regulatory strategy and enforcement.

 

Patrick has extensive experience advising clients on matters related to financial institutions and financial services regulation, including business strategy, risk management and compliance, regulatory policy, bank powers, licensing requirements, and supervisory processes. Patrick joined Klaros from Discover Financial Services, where he was responsible for advising the company on corporate governance, prudential and consumer protection laws and regulations. While at Discover, Patrick helped develop and maintain programs to meet evolving legal and regulatory standards across multiple agencies at both the federal and state levels. He also helped coordinate the company’s preparation for and response to regulatory examinations and external engagement on regulatory policy. Patrick previously worked for nearly a decade in the Law Department at the Office of the Comptroller of the Currency. While at the OCC, he provided counsel to the agency’s Bank Supervision function on supervisory and enforcement matters and assisted with complex rulemakings and the promulgation of regulatory guidance. Patrick also advised the OCC’s Licensing staff on significant issues related to new bank formation, charter conversions, business combinations, and expansionary activities.

 

Patrick holds a BA from Denison University and a JD from Chicago-Kent College of Law with High Honors, where he was an editor of the law review.