Britt Faircloth is a senior regulatory consultant for Wolters Kluwer U.S. Advisory Services, where she focuses on CRA, HMDA, fair lending and redlining data analytics for institutions of all sizes, including CRA and fair lending market analysis, fair lending risk reviews, and integrated redlining reviews. In this role, Faircloth brings over 20 years of relevant banking and regulatory compliance experience to assist institutions in performing fair lending risk assessments, UDAAP risk assessments, CRA self-assessments, compliance management system (CMS) reviews, complaint management program reviews, third party vendor program reviews, and other types of quantitative and qualitative data analytics.
Most recently, Faircloth has helped clients understand the challenges of the new Dodd-Frank HMDA 2018 data requirements, providing training, analysis and guidance for improving data integrity. She also assists with CRA self-assessments, and provides strategic support pre- and post-mergers and acquisitions, including goal-setting.
Faircloth provides onsite, customized training to institutions of all sizes for both CRA Wiz and Fair Lending Wiz software, as well as training on other regulatory topics such as HMDA, CRA community development and regulatory change management.
Prior to joining Wolters Kluwer, Faircloth held senior-level compliance roles with financial institutions of varying sizes for 10 years and spent an additional eight years in operational positions. With her varied career, she often held positions with concentrations in fair lending, CRA, and HMDA. She attended the American Bankers Association Compliance School and is a Certified Regulatory Compliance Manager (CRCM.)
Faircloth is a frequent presenter at compliance industry events, including:
- Wolters Kluwer Regional Roundtable - Regulatory Update (New York and Chicago, 2018)
- American Bankers Association RCC – Customer Experience (Nashville, 2018)
- Florida Bankers Association Compliance Seminar – Fair Lending Self Assessments (Orlando, 2018)
- Wolters Kluwer Regional Roundtable - Regulatory Update (San Francisco/Hawaii, 2018)
- CRA Fair Lending Colloquium (Nashville, 2017)
Faircloth is also experienced in providing training for consumer regulatory changes including The HMDA Roadmap Webinar Series (August, October, and December 2017; April 2018).