OUR TEAM

Michele Alt specializes in applications, business plan development, and regulatory strategy & engagement.

 

Michele helps banks and fintechs navigate the complicated regulatory issues that are critical to their growth and sustainability. She’s particularly focused on helping fintechs develop their U.S. bank licensing strategies and draft their U.S. business plans. Michele joined Klaros from Promontory Financial Group, where she led a number of major bank licensing efforts and assisted numerous major banking organizations on a range of Dodd-Frank and Volcker Rule interpretive and implementation matters. Before joining Promontory, Michele spent 22 years in the Law Department of the Office of the Comptroller of the Currency. During the financial crisis and in the years immediately following, Michele was a leader in the Law Department's Legislative and Regulatory Activities section, heading up numerous interagency rulemakings arising out of the Dodd-Frank legislation and serving as the agency's legal point person on federal preemption issues. Michele also served as OCC's district counsel in Chicago, leading a team of financial lawyers handling licensing and enforcement matters. She began her career as a judicial clerk on the U.S. Court of Federal Claims. 

 

She received her BA from the University of Michigan and her JD from Wayne State University, where she was an editor of the law review.