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Professional Bio

Kathlyn L. Farrell, CRCM, CAMS, AMLP
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 received is the 2012 recipient of the ABA’s Distinguished Service Award.
Areas of Specialization
News and Articles
Events
Asset Portfolio Review
Anti-Money Laundering (AML)
Compliance
Compliance Program Development
Corporate Governance
Executive Leadership
Fair Lending
Model Validation
Project Management Office
Regulatory Relations
Remediation
Senior Advisory Board
Strategic Planning
Strengthening the Compliance Program
UDAAP Readiness
Third-Party Risk
Retail Sales Incentive Practices
Home Mortgage Disclosure Act (HMDA)
Taking a Risk-Based Approach to Innovation Partners - Kathlyn L. Farrell
Strengthening the First Line of Defense - Kathlyn L. Farrell
Personal Liability after the Yates Memo - Kathlyn L. Farrell
Testing - Essential TRID Armor - Kathlyn L. Farrell
Kathlyn L. Farrell Quoted in ABA Banking Journal
TRID: A Checklist for Successful Compliance - Kathlyn L. Farrell
Is This UDAAP or Not? - Kathlyn L. Farrell
Optimizing Complaint Management to Improve Regulatory Compliance - Kathlyn L. Farrell
FCRA - A Sleeping Regulation Awakes - Kathlyn L. Farrell
What to Look for When Hiring an Effective Compliance Officer