Compliance Manager

HomeRiseSan Francisco, CA
13d$92,800 - $100,000

About The Position

The Compliance Manager manages the Compliance team responsible for assuring all HomeRise buildings, applicants and current residents are in compliance with all applicable local, state and federal regulatory requirements. The position is a mid-level management position provides housing operations staff with the support necessary to ensure ongoing resident eligibility is maintained at each of our housing sites. The Compliance team is a division within the Housing Operations Department. The Compliance Manager, designs and implements policies and procedures that ensure administrative compliance continually improves and that targeted milestones towards optimal performance are met.

Requirements

  • Bachelor’s degree in business, real estate, or related field preferred.
  • Valid and current Certified Occupancy Specialist (COS) or Certified Professional of Occupancy designation or ability to successfully attain either of these certifications within six (6) months of hire date.
  • Minimum of five (5) years’ experience working with tax credit and/or affordable housing.
  • Extensive operating knowledge and experience with HUD Occupancy Requirements pursuant to the HUD Handbook 4350.3.
  • Experience working with complex financing and subsidy sources that are layered with competing occupancy and demographic restrictions.
  • Must have exposure to supportive housing project debt structures and associated regulatory agreements.
  • Proficiency with Microsoft Office related programs—specifically Word, Excel and Outlook.
  • Able to exercise broad judgment in defining work objectives and determining methods and systems to meet objectives.
  • Must be able to develop solutions to problems of unusual complexity, which require a high degree of creativity and innovation.
  • An understanding, sensitivity and experience working in a supportive housing environment and with issues of homelessness and recovery issues.
  • Valid phone number required.
  • Valid and current California Driver's License.

Nice To Haves

  • Advanced experience with Yardi property management software
  • Certified Tax Credit Specialist
  • Certified Occupancy Specialist

Responsibilities

  • Generally responsible for providing oversight to the broader Housing Operations Department for a wide range of tasks related to keeping supportive housing projects in regulatory compliance.
  • Stays abreast of and is responsible for disseminating local, state, and federal guidelines as itrelates to housing compliance.
  • Responsible for maintaining comprehensive project descriptions which includes a matrix of demographic restrictions and unit designations.
  • Responsible for ensuring the technical terms of subsidy/lender/investor contracts are correctly reflected in property management software, up to and including document creation and amendment.
  • Able to create collaboration between teams, deliver project or work plan expectations, and achieve interdepartmental goals when put into a leadership role where no direct authority exists.
  • Acts as the agency’s point person for housing compliance-related inquiries.
  • Develops, issues, and revises policies and procedures related to occupancy and compliance, and trains staff to ensure consistent practices and performance across the portfolio.
  • Works collaboratively with the Housing Operations senior leaders to develop standard file and other review practices that will mitigate findings from lender and investor site audits.
  • In collaboration with Real Estate Development, Asset Management, and site Management, the CM will develop and maintain marketing plans for each building.
  • Takes direction from the Asset Management team in reviewing the schedule of rental income and works to maximize highly- regulated rents for the entire portfolio.
  • Prepares regular compliance reports for organization leadership.
  • Reviews, monitors, and may be required to submit reports related to occupancy and compliance requirements sent to federal, state, and local agencies including State Finance Agencies, TCAC, HUD, and City/Local Agencies.
  • Investigates non-compliance violations and assists in responding to findings for all lender and investor site visits.
  • Assists in the lease-up functions at new and existing properties.
  • Additional duties as assigned.

Benefits

  • HomeRise provides an excellent comprehensive benefits package including: 100% employer-paid employee healthcare options (Kaiser or Sutter), dental, vision, life & disability insurance; FSA for childcare, medical and commuter expenses; a 403(b) retirement investment plan with employer match; Employee Assistance Program; paid on-the-job training, career advancement within a growing organization and professional development opportunities with an annual Education Benefit that includes paid time off.
  • We also include PTO (2 weeks accrued for the first 12 months and 3 weeks accrual from 13-36 months of continuous service); 14 paid holidays with one floating day for your birthday, and of course, sick time accrual.
  • Other advantages of working for us are: Employee Referral Program, our HERO Award recognizing outstanding performance in the line of duty, sabbatical leave after 5 years of service, and a 45-minute paid lunch period per shift.
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