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Meet with Treliant at ABA Risk

Treliant is a proud Sponsor of the American Bankers Association (ABA) Risk Management Conference. Members of our Regulatory Compliance, Fair and Responsible Banking, and Global Financial Crimes Compliance teams look forward to connecting with you at the conference to discuss the changes and challenges impacting the financial services industry.

Ross Marrazzo, Managing Director, will moderate the panel "Innovations in Risk Management: AI for Risk Qualification" on Sunday, March 18th from 4:00 PM - 5:00 PM. Join for a conversation on some of the new thoughts on how AI could be used for risk quantification. The panel will explore big data, predictive analytics, and questions you should ask yourself before you invest heavily in a new set of analytic tools.

Please join Susanna K. Tisa, Chief Executive Officer, Ross Marrazzo, Managing Director, Kathlyn L. (Lyn) Farrell, Senior Advisory Board Member, and James R. Causey, Senior Director, for the Power Hour Breakfast Session: "Risk Oversight at the Board Level: What Will New Expectations Mean for Risk Executives?" on Monday, March 19th from 7:00 AM - 8:00 AM. The Fed’s proposed corporate governance guidance aims to change and clarify boards of directors’ risk oversight responsibilities. Though many current guidelines will be replaced, the Fed recently applied existing expectations in a major enforcement action against board directors. This session will discuss how risk management leaders can advise boards on best practices amid changing expectations.

Kathlyn (Lyn) L. Farrell, Senior Advisory Board Member, will address "Measuring Sales and Conduct Culture Risks" on Monday, March 19th from 2:30 PM - 3:45 PM and on Tuesday, March 20th from 10:15 AM - 11:30 AM. Everyone is talking about managing sales and conduct culture risks, but as risk managers, we know it begins with establishing a process to measure, monitor, and control for risk. Join the panel as they discuss specific key risk indicators (KRIs) and other metrics in measuring conduct/sales culture risk, developing a framework for controls, as well as specifics on auditing conduct/sales culture risk.

To learn more about our Trusted Advisory Services or to reach out to us personally in advance of the ABA Risk Management Conference:



Treliant's Trusted Advisory Services include:

Regulatory Compliance

  • Risk Assessments and Monitoring Programs (Compliance and UDAAP)
  • Regulatory Exam Readiness, Support, and Remediation
  • Compliance Management System (CMS) Program Assessments
  • Sales Incentive Practice Assessments
  • Marketing and Sales Reviews
  • Deposit or Lending Operational Reviews
  • Servicemembers Civil Relief Act (SCRA) and Military Lending Act (MLA) Reviews
  • Fair Credit Reporting Act (FCRA) Reviews, including Credit Bureau Reporting and Data Usage
  • Transactional Lookbacks (Regulation E, Credit Reporting)
  • Complaint Management Reviews
  • Compliance Training
  • Third-Party Risk Management
  • Merger & Acquisition Readiness, Due Diligence, and Integration
  • Ethics Program Reviews, Assessments, and Implementation
  • First Line and Second Line of Defense Interaction Model Assessments

Fair and Responsible Banking

  • Fair Lending/Fair and Responsible Banking Risk and Control Assessments
  • Statistical Analysis, including Regression and Proxy Capabilities
  • Quantitative and Qualitative Program Assessments
  • Home Mortgage Disclosure Act (HMDA) Program Reviews
  • CMS Program Builds and Assessments
  • Model Validation
  • Redlining, including Digital Redlining
  • UDAAP Risk and Control Assessments
  • Community Reinvestment Act (CRA) Self-Assessments
  • Fair Banking and CRA Performance Context Development
  • File Reviews and Matched Pair Testing

Global Financial Crimes Compliance

(AML/BSA; Economic Sanctions/OFAC; Anti-Bribery/Corruption)
  • Program Design, Implementation, and Assessment
  • Program Health Checks and Efficiency Reviews
  • Risk Assessments and Risk Assessment Methodology
  • Customer Risk Profiling—Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Customer Identification Program (CIP)
  • Alert and Case Management Process Reviews
  • Systems Tuning and Assessment—Rules/Scenarios; Fuzzy Logic
  • Model Governance and Validation
  • New Systems Identification and Implementation
  • Data Analytics and Investigations
  • Compliance and Audit Staff Augmentation
  • Compliance Testing
  • Independent Audits
  • Program Outsourcing
  • Lookbacks (CDD/EDD; Transactional)
  • Regulatory Issue Remediation and Corrective Action Validation
  • Regulatory Monitorships and Independent Consultancies

FinTech Compliance

  • CMS Assessments
  • Compliance Policies, Procedures, and Strategies
  • Risk Assessments and Monitoring Programs (Compliance and UDAAP)
  • UDAAP or Fair Lending Program Assessments
  • Due Diligence
  • Third-Party Risk Management
  • Strategic Advisory related to Acquisitions and Partnerships

Mortgage Operations and Compliance

  • Mortgage Origination and Servicing Risk Assessments
  • Loss Mitigation Compliance Analysis, Remediation, and Process Repair
  • HMDA Data Integrity and Filing
  • Merger and Acquisition Due Diligence and Integration
  • Technology Strategy and Integration
  • Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) Compliance
  • Audit: Staff Augmentation and Training
  • Servicing Transfer Compliance Testing
  • Secondary Marketing Operational and Compliance Risk Assessments
  • TILA-RESPA Integrated Disclosure (TRID) Rule Compliance Implementation, Testing, and File Reviews
  • Process and Procedure Writing
  • Fair Lending and CRA Compliance
  • Litigation Support and Crisis Response, including Expert Services

Litigation Support

  • Pre-Trial Investigation and Claim Analysis
  • Expert Witness Services and Associated Support Teams
  • Expert Report Preparation
  • Government Investigation Response and Risk Analysis
  • Federal Housing Administration (FHA) Origination and Servicing Disputes
  • Damages Estimates and Reports
  • Litigation Document Management

Financial Markets Conduct and Compliance

  • Comprehensive Spot and Electronic Markets Expertise, including Fixed Income, Equities, Rates/Benchmarks, Futures/Derivatives
  • Health Checks of International Banks’ Trading Activities
  • Design, Implementation, and Validation of Preventative Market Surveillance and Controls
  • Automated Trading and Pricing Algorithm Model Review and Validation
  • Culture, Conduct, Sales Practices, and Governance Reviews
  • Compliance Gap Analyses and Design of Compliance Remediation Programs, including MiFID II Compliance
  • Internal Investigations and Regulatory Remediation Planning and Implementation
  • Litigation Support

Treliant Team at the ABA Risk Management Conference 2018

Kathlyn L. Farrell
Kathlyn L. Farrell
Senior Advisory Board Member

Lyn Farrell is an experienced Regulatory Compliance executive, with over 35 years of experience in banking law and compliance. She is a Senior Advisory Board Member at Treliant Risk Advisors, LLC. Lyn has led many diverse and complex compliance projects for large financial institutions, including:
 

  • Developing a regulatory compliance strategic plan for a financial institution that primarily operates in the Fintech space;
  • Assisting the CCO of a top 10 U.S. bank to make the regulatory compliance program more proactive, strategic and integrated with the businesses and other risk management disciplines within the organization;
  • Designing and building a comprehensive Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) audit program for the internal audit division of a top 10 U.S. financial institution, including developing the annual audit plan, scoping the individual audits, and writing the audit scripts;
  • Assisting a top 20 bank implement all aspects of the TILA-RESPA Integrated Disclosure Rule (TRID), including revamping business processes, enhancing risk controls, writing policies and procedures and creating job aids to assist first line staff to implement this complex regulation;
  • Developing the “UDAAP University” training program for the compliance departments at three of the top 20 financial institutions and for the internal audit departments at 3 of the top 20 US banks;
  • Overhauled the Community Reinvestment Act (CRA) program for a top 20 US financial institution, including writing a new program document, reviewing its assessment areas and investments, and implementing a shift in the critical focus of its nationwide community development staff;
  • Reviewing the potential acquisition by a top 20 U.S. bank of a large non-bank financial organization and provided advice on limiting the company’s regulatory risk by integrating and expanding the current compliance function and making it more strategic in its execution.

Lyn has a passion for leadership development and has designed the Treliant Institute for Strategic Compliance Leadership, a leadership program exclusively for compliance professionals in financial institutions She is a frequent speaker at banking events and regularly publishes articles on a variety of banking-related topics. Her recent publications include:
 

  • “Strengthening the First Line of Defense” in ABA Bank Compliance magazine, September-October 2016“TRID: A Checklist for Successful Compliance” in Mortgage Banking magazine, March 2016
  • Reference Guide to Regulatory Compliance, published by the American Bankers Association, the official study guide to the CRCM examination
  • “Is this UDAAP or Not?” in  ABA Bank Compliance magazine, July-August 2015
  • “FCRA: A Sleeping Regulation Awakes” in Banking Exchange, August 2015
  • “Effectively Managing UDAAP Compliance in Mortgage Servicing” in Mortgage Banking magazine, April 2015
  • “Managing UDAAP Compliance Risks in Financial Institutions” in Journal of Taxation and Regulation of Financial Institutions, Nov/Dec, 2013

She received her undergraduate degree from Texas A&M University and her JD from the University of Houston.  Lyn is a Certified Regulatory Compliance Manager (CRCM), and an attorney, licensed in the state of Texas.  She was the 2012 recipient of the ABA’s Distinguished Service Award.

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Areas of Specialization
News and Articles
Events
  • Anti-Money Laundering (AML)
  • Asset Portfolio Review
  • Compliance
  • Compliance Program Development
  • Corporate Governance
  • Executive Leadership
  • Fair Lending
  • Home Mortgage Disclosure Act (HMDA)
  • Model Validation
  • Project Management Office
  • Regulatory Relations
  • Remediation
  • Retail Sales Incentive Practices
  • Senior Advisory Board
  • Strategic Planning
  • Strengthening the Compliance Program
  • Third-Party Risk
  • UDAAP Readiness