Compliance Specialist

Shinda Management CorporationQueens Village, NY
18h$55,000 - $60,000

About The Position

SMC is seeking a Compliance Specialist to join our compliance department. Under the supervision of the Manger and/or Director of Compliance, this candidate is responsible to maintain the SMC portfolio in accordance with regulatory program and agency requirements, applicable Fair Housing Laws, and the company policy and procedures. Essential Role and Responsibilities Ensure compliance with program regulatory requirements (e.g. LIHTC, Section 8, Inclusionary Housing, HOME, and other programs), Fair Housing Standards Fully process and complete initial certifications, annual recertifications, leases and lease renewals within assigned portfolio - e.g. move-in's, move-out's, transfers. Some sites may require recertifications, gross rent change, 50059's etc Participation in marketing and leasing functions related to all affordable housing programs and applications, including remarketing assessments, interviewing applicants, and processing appeals Process tenant rental payments, Housing Assistance Payments (HAP), post HAP Payments, manage Tenant Rental Assistance Certification System (TRACS) and review Tenant Income Certification (TICs). Some sites required processing and reviewing EIV reports/corrections, repayment agreements, and process special claims Pre-audit LIHTC/HUD and HOME tenant files for all properties including mixed-blended Assist with preparation of site audits Assist with the LIHTC portion of the rent ups Assist with review of Certified Rent Rolls mid-year and at year end Assist with preparation of Annual Owner Certifications Tracking and corrections of any and all 8823s Prepare of HOME Annual Owner Certifications Centralize and maintain LIHTC tenant files for audit ready purposes Perform in-house audits as needed Prepare reports as needed Other duties as assigned

Requirements

  • 1-2 years’ minimum experience in LIHTC and/or Section 8 multi-family property management
  • Experience with Yardi, One-Site/SitCompli (or other housing software)
  • Full knowledge of NYC rent stabilization and HUD Handbook 4350.3, Rev-1 Chg. 4 rules and regulations
  • Excellent knowledge of Microsoft Office Suite
  • Must demonstrate that “resident satisfaction comes first” through excellent communication, customer service skills and a willingness to “go the extra mile”
  • Bilingual Spanish is a plus
  • Travel required up to 15%
  • Shinda Management Corporation requires all newly hired employees are fully vaccinated in an effort to protect the health and safety of our community. New employees must be fully vaccinated by October 1, 2021, and will be required to show proof of vaccination by showing their physical vaccination card or using the Excelsior Pass or other government-sanctioned vaccine app. All vaccine-related information will be kept private under HIPAA regulations by EA and its employees. If you have a qualifying medical exemption or sincerely held religious belief that prevents them from getting that vaccine, you should request a Reasonable Accommodation Form from the Human Resources department, which will be reviewed by the Human Resource Manager. You may be required to substantiate their request for exemption with the appropriate documentation. You will not be subject to discrimination or retaliation based on their vaccination status.

Nice To Haves

  • Accredited housing certification preferred: Low lncome Housing Tax Credit and/or Certified Occupancy Specialist
  • Bilingual Spanish is a plus

Responsibilities

  • Ensure compliance with program regulatory requirements (e.g. LIHTC, Section 8, Inclusionary Housing, HOME, and other programs), Fair Housing Standards
  • Fully process and complete initial certifications, annual recertifications, leases and lease renewals within assigned portfolio - e.g. move-in's, move-out's, transfers. Some sites may require recertifications, gross rent change, 50059's etc
  • Participation in marketing and leasing functions related to all affordable housing programs and applications, including remarketing assessments, interviewing applicants, and processing appeals
  • Process tenant rental payments, Housing Assistance Payments (HAP), post HAP Payments, manage Tenant Rental Assistance Certification System (TRACS) and review Tenant Income Certification (TICs). Some sites required processing and reviewing EIV reports/corrections, repayment agreements, and process special claims
  • Pre-audit LIHTC/HUD and HOME tenant files for all properties including mixed-blended
  • Assist with preparation of site audits
  • Assist with the LIHTC portion of the rent ups
  • Assist with review of Certified Rent Rolls mid-year and at year end
  • Assist with preparation of Annual Owner Certifications
  • Tracking and corrections of any and all 8823s
  • Prepare of HOME Annual Owner Certifications
  • Centralize and maintain LIHTC tenant files for audit ready purposes
  • Perform in-house audits as needed
  • Prepare reports as needed
  • Other duties as assigned

Benefits

  • Comprehensive Medical, Dental, Vision, Life, Disability, Flexible Spending Accounts
  • Paid Time Off & Holidays
  • 401K
  • Incentive Bonus program
  • Commuter Benefits
  • Employee Assistant Program, Work | Life, and Wellness Program
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