Compliance Analyst

ConcordRENTSMaitland, FL
5d$50,000 - $52,000Onsite

About The Position

ConcordRENTS is a distinguished leader in providing a quality and customer-centric property management experience with a focus on affordable and market rate multifamily communities throughout Florida. Our continued success is based upon our exceptional team members. Join ConcordRENTS to advance your career while working for a company with over a 30-year history investing in maintaining our community and our team members while also enjoying industry-leading starting wages. ConcordRENTS is committed to creating a pathway to a minimum wage of at least $20 per hour within the first 6 months of satisfactory employment. In addition, we offer rental discounts ranging from 20% to 50% at participating communities for select team members. Our team members' commitment to the company is strengthened by ConcordRENTS belief that everyone has a right to earn a living wage and prepare themselves for a secure retirement. ConcordRENTS is proud to make continued investments in our valued team members by offering a rich 401-K program that includes a company match of up to $5,250 per year. Our 401-K program offers a company match of 150% on the first 3% invested by an eligible team member, with additional matching up to $5,250 annually. Team members joining us with industry experience sometimes cite lack of investment by their previous organizations as a motivating reason to make a career change. Our management approach is to maintain the value and integrity of our communities while demonstrating exceptional customer service. This philosophy is accomplished by building relationships with our residents while providing them with a quality housing experience without the concern of whether the community can afford a repair. Ultimately, we measure the value of our performance based on the satisfaction of our residents. ConcordRENTS recognizes that the spirit of teamwork and community is the true key to our growth as a company. Our legacy is propelled by the ability to meet the needs of a changing market and to stay ahead of the competition, making ConcordRENTS a meaningful place to work. BASIC PURPOSE: Responsible for understanding and interpreting the compliance policies for Florida and ensures each assigned property’s adherence to those policies, as well as acting as a liaison between various governmental agencies (state, federal, and local) monitoring personnel and the site staff. The position requires exercise in analytical skills and judgment that the information does/does not meet our criteria.

Requirements

  • Must become familiar with Concord Management policies and procedures relating to both operations and compliance.
  • Must have an intermediate knowledge of computer programs including, but not limited to, MS Word, Excel, Outlook, and Property Management Software.
  • Must possess a positive attitude, excellent verbal, written and interpersonal skills. Must have the ability to work well in a fast-paced environment with little supervision and be able to resolve conflicts.
  • Must be proactive, work independently and follow tasks through to completion.
  • Duties require attention to detail and the ability to analyze complex data. Advanced knowledge of the Housing Credit, Income Averaging, Tax-Exempt Bond, SAIL, SHIP and HOME is preferred.
  • A college degree is preferred but not required.
  • Travel may be required.
  • Two plus years of experience with the Housing Credit and other federally assisted programs.
  • Ability to speak, read and write English for safety and productivity reasons.

Nice To Haves

  • A college degree is preferred but not required.
  • Advanced knowledge of the Housing Credit, Income Averaging, Tax-Exempt Bond, SAIL, SHIP and HOME is preferred.

Responsibilities

  • Review legal documents to determine required compliance criteria.
  • Monitor set-aside levels of Extremely Low Income (ELI) units, and warning supervisor if the set-aside is jeopardized and assisting staff with reallocation of units to maximize rent revenues.
  • Assist with compliance related activities for lease-up properties, including reviewing applications, and auditing and correcting move-in files to ensure that first occupant file are complete and correct before submission to the Limited Partner.
  • Monitor overall property set asides for Income Averaging properties to ensure Federal Compliance is being met.
  • Processing of all reasonable accommodation and reasonable modification requests for portfolio assigned.
  • Perform unit conversions and monitoring for all Qualified Contract (QC) properties, assisting with QC activities as requested.
  • Coordinates monitoring agency file reviews and site visits with site staff and assists the site in preparing for the review.
  • May attend some state agency monitoring reviews.
  • Reviews findings letters from monitoring agencies and investors, coordinate with the appropriate CD/VRD to complete the corrections and ensure that the response is delivered to the monitor on or before the required date.
  • Reviews and submits required reports to monitoring agencies; provides response to any report discrepancies. Reports must be reviewed monthly regardless of the required reporting frequency.
  • Monitors a percentage of files approved and disqualified by the Application Support or Recertification Teams and provide “spot training” if discrepancies are discovered.
  • Responsible for reviewing and determining income for local and state tax abatement programs as well as updating unit trackers for submission to the local county offices.
  • Answers questions and delivers “spot training” to site staff as needed to ensure that corrections are complete and accurate and to mitigate errors in the future.
  • Works with Application Support / Recertification Team to ensure that proper file documentation is gathered prior to resident move-in or annual recertification.
  • May attend continuing education sponsored by a state agency or investor.
  • Responsible for developing and maintaining positive relationships with all monitoring personnel.

Benefits

  • ConcordRENTS is committed to creating a pathway to a minimum wage of at least $20 per hour within the first 6 months of satisfactory employment.
  • In addition, we offer rental discounts ranging from 20% to 50% at participating communities for select team members.
  • ConcordRENTS is proud to make continued investments in our valued team members by offering a rich 401-K program that includes a company match of up to $5,250 per year.
  • Our 401-K program offers a company match of 150% on the first 3% invested by an eligible team member, with additional matching up to $5,250 annually.

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

No Education Listed

Number of Employees

501-1,000 employees

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