Senior Vice President of Compliance - Multi-Family Affordable Housing

Pratum Companies•Gaithersburg, MD
•Onsite

About The Position

The Senior Vice President of Compliance provides leadership and operational oversight for the organization’s Compliance Department, ensuring adherence to affordable housing programs and requirements, including LIHTC (Section 42), HUD Project-Based Section 8/PBRA/PBV, HUD Handbook 4350.3, TRACS, layered program properties, HOME, Bond, fair housing requirements (FHA, Section 504, VAWA), and HOTMA/NSPIRE/MOR readiness. The role leads compliance program planning and implementation, manages compliance staff and day-to-day activities, oversees file reviews and reporting, and serves as a subject matter expert for internal teams, ownership entities, and regulatory agencies. This is a non-remote position based at the company’s Gaithersburg, Maryland headquarters in the Washington, DC metro region. Relocation assistance is available for highly qualified candidates who do not currently live in DC, Maryland, or Virginia. The role is exempt, with an anticipated annualized base salary of $200,000–$235,000 for a new employee. It may also be eligible for discretionary and/or performance-based bonuses. Full-time positions of 30 or more hours per week are eligible for two weeks of paid vacation, one week of sick and related leave, 11 paid holidays, and health and welfare benefits as described on the company’s website.

Requirements

  • At least 12 years of experience in compliance monitoring of HUD-assisted and LIHTC multifamily housing properties.
  • At least 7 years leading a team in management roles across a comparable portfolio, including team leadership, training, and performance management.
  • Experience reviewing, interpreting, and applying government regulations.
  • Demonstrated knowledge of Yardi affordable software, including 7 or more years of hands-on experience.
  • Strong knowledge of LIHTC, HUD programs, the IRS 8823 Guide, and the HUD 4350.3 manual.
  • Strong Microsoft Office skills, including Word, Excel, Outlook, Teams, PowerPoint, and SharePoint.
  • Effective communication skills and the ability to interact professionally with executives, owners, asset managers, agency representatives, and department staff.
  • Performance management experience, including training, coaching, and mentoring.
  • Management experience building and managing a highly engaged team.
  • Ability to work effectively independently and as part of a team of professionals.
  • Ability to perform essential duties in a fast-paced, high-volume team environment and meet strict deadlines.
  • Ability to read, speak, and write English fluently; represent the company professionally with stakeholders; accurately perform mathematical functions; and understand and perform software functions.
  • Formal training and/or certification in a related field, such as HCCP, SHCM, C3P, COS, CPO, BOS, or equivalent.

Nice To Haves

  • A college degree is preferred but not required.

Responsibilities

  • Lead, manage, and mentor compliance managers and staff, fostering professional growth through teaching, collaboration, and coaching.
  • Provide individual and group training across the compliance department and other departments.
  • Build collaborative, positive relationships with clients, agencies, investors, and ownership entities.
  • Plan and implement compliance measures at newly acquired or transitioning properties.
  • Participate in acquisition review calls, providing HUD and LIHTC expertise and risk assessment.
  • Contribute to the development of compliance initiatives, reporting standards, and technology enhancements.
  • Ensure household certification files—including move-ins, recertifications, terminations, gross rent changes, and interim certifications—comply with program requirements.
  • Oversee compliance audits, internal file reviews, and pre-occupancy approvals across affordable housing programs.
  • Monitor waitlists and EIV master binders for compliance with federal and state regulations.
  • Coordinate and respond to internal and external audits.
  • Oversee monthly and annual reporting to external agencies and prepare compliance reports for state housing agencies.
  • Oversee or directly prepare HUD submissions, including HAP vouchers, OCAF adjustments, budget-based rent increases, management agent renewals, NSPIRE inspections, MOR inspections, and Resident Service Coordinator grant submissions.
  • Review and interpret HUD regulations, the IRS 8823 Guide, and the HUD 4350.3 manual to ensure organizational compliance.
  • Maintain comprehensive knowledge of affordable housing compliance programs across the portfolio.
  • Respond promptly and professionally to residents’ and prospective tenants’ incoming calls, messages, and emails, providing superior customer service.
  • Perform other duties as assigned.

Benefits

  • Two weeks of paid vacation for eligible full-time positions of 30 or more hours per week.
  • One week of sick and related leave for eligible full-time positions of 30 or more hours per week.
  • 11 paid holidays for eligible full-time positions of 30 or more hours per week.
  • Health and welfare benefits for eligible full-time positions of 30 or more hours per week.
  • Potential eligibility for discretionary and/or performance-based spot or annual bonuses.
  • Relocation assistance for highly qualified candidates not currently residing in DC, Maryland, or Virginia.
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