Katrine Steffensen is a senior director in the Financial Crimes Compliance practice at K2 Integrity, where she advises both crypto natives and traditional finance (TradFi) clients on their financial crimes risk and compliance strategies. With an array of industry experience across banking and financial services, Fintechs, regulatory/supervisory bodies, and cryptocurrency platforms, Katrine advises and supports clients on AML/sanctions compliance program governance, performing risk assessments, drafting responses and remediation plans to address regulatory matters, and providing examination preparation and support.
Prior to joining K2 Integrity, Katrine worked as a managing strategy consultant in the financial crimes compliance and digital assets practice at Promontory Financial Group, a business unit of IBM Consulting, where she performed a number of industry standard-setting engagements, including supporting the development of the Nebraska Digital Asset Depository Institution (DDI) BSA/AML and OFAC Examination Manual to facilitate implementation of the Nebraska Financial Innovation Act, and training a supervisory agency on BSA/AML and sanctions risks and compliance program best practices unique to the cryptocurrency space. Katrine also advised virtual asset service providers on their licensing, chartering, and remediation strategies, as well as creating and implementing AML/sanctions compliance programs tailored to the virtual asset industry.
In addition, Katrine assisted both crypto and TradFi clients in conducting AML/sanctions risk assessments, writing AML/sanctions- and issues management-related policies and procedures, producing financial crimes compliance management information (MI) reporting, performing staffing and training needs assessments, and developing and executing against remediation plans in response to regulatory matters. She provided on-site support to a large foreign banking organization (FBO) facing regulatory scrutiny by assisting with regulatory examination preparation and remediation, developing an action plan for the financial crimes compliance department, and serving in the chief of staff function where she produced monthly reporting for the head of financial crimes compliance.
Katrine earned an A.B. from Princeton University’s Woodrow Wilson School of Public Policy and International Affairs.
