Senior Compliance Auditor

ITEX Property Management LLC•Houston, TX

9h•Onsite

About The Position

Founded in 2002, the ITEX Group is a privately held real estate investment firm offering expertise in property asset services, property investment, property development, consulting services, and property management. The ITEX Group pursues a broad range of real estate investments that offer risk-adjusted returns to our investors and clients. The key to ITEX’s success is dedication to fair and equitable relationships with investors. The philosophy is simple, treat investor’s capital as our own and co-invest our capital in every transaction. The Senior Compliance Auditor’s primary responsibilities is to ensure the ITEX portfolio which they are assigned to is compliant with all regulatory and monitoring agency requirements (i.e., IRS Section 42, Low Income Housing Tax Credits (LIHTC), HUD Multifamily Program including Project-Based Section 8, Public Housing Programs, HOME, CDBG, and Bond Programs). This will be accomplished by conducting file audits/reviews to confirm accuracy and completeness of files. Will be responsible for training and educating operational personnel on compliance procedures. Assist in Updating rent, income schedules, and utility allowances. Will work in collaboration with Compliance Director to implement standardized policies and procedures. The Compliance Auditor must have a full understanding of Fair Housing Laws, Section 504 ADA and the Fair Housing Credit Reporting Act.

Requirements

Demonstrated time management skills
Team player
3 years property management experience required
Proficiency in YARDI and Microsoft Office Suite
High School Diploma or GED
Full understanding of Fair Housing Laws, Section 504 ADA and the Fair Housing Credit Reporting Act

Nice To Haves

HCCP, COS, TCS, BOS, C3P certifications preferred

Responsibilities

Ensure the ITEX portfolio is compliant with all regulatory and monitoring agency requirements (i.e., IRS Section 42, Low Income Housing Tax Credits (LIHTC), HUD Multifamily Program including Project-Based Section 8, Public Housing Programs, HOME, CDBG, and Bond Programs)
Conduct file audits/reviews to confirm accuracy and completeness of files
Train and educate operational personnel on compliance procedures
Assist in Updating rent, income schedules, and utility allowances
Work in collaboration with Compliance Director to implement standardized policies and procedures
Create post audit corrective action reports
Ensure properties are properly prepared for MOR’s and Compliance Reviews
Assist in Updating rent and income schedules, utility allowances, AFHMP’s and Tenant Selection Plans
Daily Compliance Oversight-Reviewing and Approving Certifications within a 48-hour period
Responsible for reporting requirements including but not limited to USR and AOC reports
Submit all correspondents in regards to inspections. TDHCA, UPCS, REAC, MOR, Desk reviews, etc.
Provide Compliance Training
Ensure all forms are current and up to date
Other duties as directed by supervisor