Compliance Specialist

Realty Management Services Inc • Bethesda, MD

33d

About The Position

We’re seeking a skilled individual to join our Compliance team who is well versed in documentation to ensure adherence to ROSS on-site policies and procedures in the areas of lease administration, systems compliance, and government regulations including, but not limited to HUD, HOC, CDA, Low Income Tax Credit and Section 8, as well as general Fair Housing laws.

Requirements

• College degree or relevant experience in affordable property management is required.
• Position requires at least two years’ experience in subsidized property management, working with initial and annual LIHTC/HOME/HUD recertifications.
• Excellent interpersonal, written and verbal communication skills; ability to present information in a creative, concise manner; detail oriented with ability to analyze issues and utilize problem solving skills in decision-making; must possess excellent computer skills and familiarity with property management software.

Nice To Haves

• Previous accounting and/or auditing experience a plus.
• Tax Credit Specialist (TCS), or equivalent HUD certification(s) preferred. If not certified, candidate to must become certified within six months of the date of hire.

Responsibilities

• Ensure compliance with Low Income Housing Tax Credit (LIHTC), HOME, HUD and other subsidized programs across the portfolio. Review applications, recertifications, and lease files for legal requirements and adherence to subsidy regulations (IE: required documentation, signatures, rent and resident data, and security deposits), as well as adherence to ROSS, HUD and Tax Credit policies and procedures regarding application requirements (IE: Income and credit score minimums, criminal background checks, US residency restrictions, occupancy limits, etc.). Identify areas of concern and report deficiencies to appropriate management personnel.
• Provide help and support, via phone, e-mail, or on-site, for property personnel to ensure established ROSS policies and procedures are followed along with Federal, state, and local regulations pertaining to fair housing, housing assistance programs, etc. Assist with training employees in property management reporting, Yardi, LIHTC/Sec 8, and Operations policies and procedures.
• Identify any on-going policy concerns; work with Compliance Manager & VP of Compliance when needed to implement changes and/or modifications to Operations and On-site Systems policies and/or procedures. Communicate regularly with team members regarding any changes or updates.
• Assist with start-up of new communities in Yardi. Assist with set up of initial TIC/recertifications in the system. Assist with preparation of manuals, takeover package of forms, etc. and ensure delivery to new community.
• Review recertifications and provide support to properties to assist with timely completion of recertifications
• Assist other executives and Main Office staff as necessary with special projects and analysis.
• Additional responsibilities include overall support of property and Main Office personnel on system related issues; auditing system-wide set-up, policies, and processes to determine compliance with established ROSS directives and initiatives; maintain compliance with local and state laws regarding lease documents and ROSS policies and update each as needed; assist with due diligence through lease audits of prospective acquisition properties.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level