Compliance Manager (Affordable Housing/Multi-Family Property Management) - Pratum Companies

Compliance Manager (Multi-Family Affordable Property Management)

The Compliance Manager will be responsible for maintaining compliance with Department of Housing and Urban Development (HUD) Programs, Low-Income Housing Tax Credits (LIHTC) and  other regulatory requirements of their assigned portfolio. The position will act as the liaison with various governmental agencies and housing authorities. The Compliance Specialist will report to the Vice President of Compliance and work closely with the Community and Regional Property Managers.

At the direction of the Vice President of Compliance, the Compliance Manager is directly responsible for the following:

• Oversees completion of certifications to ensure they are compliant with applicable Affordable Programs including Move-Ins, Annual Recertification, Gross Rent Changes, and Initial Certifications.
• Monitoring Re-certification process to ensure community staff is completing the required certifications timely
• Ensure all documentation used by site staff is up to date and compliant with the governing agency
• Ensure community staff is following procedural guidelines to administer and maintain compliance with all affordable housing programs (Including but not limited to the HUD Programs and LIHTC Programs).
• Assist community staff in the preparation for MOR, LIHTC and other relevant agency reviews.
• Ensure the state monitoring databases are updated monthly as required
• Visit/travel to properties within the company’s portfolio to conduct site audits and pre-audit inspections. This role will require periodic travel in the DC metropolitan area, as well as outside of the DC metropolitan area.
• Monitor EIV Compliance including ensuring reports are run timely and track site’s review and investigation of discrepancies.
• Ensure correct usage of income and rent limits as well as utility allowances.
• Assist HAP Administrator with implementation of rent increases including assistance in oversight of utility allowance baselines
• Collaborate with compliance and operations leadership on policy and procedure updates and implementation.
• Provides superior customer service by promptly responding to all incoming calls, messages, and emails in a professional, respectful manner
• Support company goals and action plans.
• Other tasks or duties as assigned by supervisor.

Qualifications:  To perform this job successfully, an individual must be able to complete all essential duties in a fast-paced, high volume team environment and meet strict deadlines; demonstrate knowledge with affordable software, preferably RealPage and Yardi; have exceptional analytical skills and be detailed oriented; have the ability to independently problem solve and resolve compliance related issues; have the ability to communicate effectively both verbally and in writing, and have a solid comprehension of affordable program regulations and the Section 8 contract renewal process including the required utility analysis. The requirements listed below are representative of the knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

Certifications:  Formal training and/or certification in related field necessary (HCCP, SHCM, C3P, COS, CPO, BOS or equivalent). 

Education:  A college degree is preferred, but not required.   The position requires the ability to read and write English fluently, the ability to accurately perform mathematical functions and the ability to understand and perform all software functions. 

Professional Experience:  A minimum of three (3) years of experience in compliance monitoring of HUD-assisted & LIHTC multifamily housing properties. 

Attendance/Travel Requirements: This is not a remote position.  The role will be based in the corporate office, though a hybrid schedule of partial work-from-home is expected. Site visits to communities may be required, and travel out of state may be necessary at times. Primary schedule is Monday-Friday from 8:30-5:30; schedule may shift to start earlier, end later, or include weekend work based on business needs. 

Skills:  The position requires, but is not limited to, the following:

• Strong written and verbal communication skills
• Proficient in Microsoft Word, Excel and Outlook
• Strong knowledge of LIHTC and HUD regulations
• Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3
• Ability to work in a fast-paced environment
• Ability to take charge and ownership of projects
• Self-starter and independent worker

Computer Skills:

• Intermediate-advanced knowledge of computers
• Intermediate-advanced knowledge of MS Office- Outlook, Word, Excel, Power Point
• Intermediate-advanced knowledge of OneSite, Yardi
• Ability to develop advanced knowledge of other programs or systems as needed
• Basic knowledge of Internet

To learn more about our company and our benefits, go to: https://pratumco.com/careers/

Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.

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