Director of Compliance

Director of Compliance

About the Organization For over three decades, SMC has been in the forefront of proven, quality real estate property management services in the New York/New Jersey metropolitan area. Our property management portfolio consists of rental housing for family and senior residents, developments funded by the low-income housing tax credit program, government assisted rental housing and rent stabilized properties.We care about your concerns and take excellent care of your property. As Owners, we understand that 'good management doesn't cost, it saves'. SMC is dedicated to providing quality property management services at every level of our organization. Every member of our team strives to fulfill our vision of excellent customer services to both our clients and residents. We pledge our commitment to providing quality Real Estate Property Management and Consulting Services.Our Vision: Investing in our people, our properties and our communities to build a lifestyle of prosperity.Our Mission: We're determined to maintain a thriving culture. We are focused on enhancing team effectiveness. We promote individual and collective growth within the community by redefining affordable housing.

Description

Job Purpose / Summary:

The Director of Compliance is responsible for managing all aspects of Low-Income Housing Tax Credit (LIHTC) and U.S. Dept of Housing and Urban Development (HUD) compliance for Shinda's growing portfolio.

Key Responsibilities:

Evaluate agency requirements and implement compliance procedures for developments for all properties

• • Oversee and manage Compliance Team (Tax Credit and Affordable Housing)

• Field incoming inquiries from site staff with questions directly related to income and asset eligibility, legal rents, and property-specific compliance requirements.

• Ensure that all properties meet compliance requirements for LIHTC, Section 8, and all housing programs.

• Maintain maximum income limits, rent limits, and utility allowances and coordinate annual rent adjustments within the portfolio.

• Ensure that all LIHTC certifications and re-certifications are processed in a timely manner.

• Ensure that all files are reviewed and maintained in accordance with Shinda Management & HUD/LIHTC rules and regulations.

• Conduct site visits to review resident files and implement standardization of pending and recertification files.

• Maintain an organized filing system for unit files utilizing proper forms.

• Perform file audits and identify errors and/or missing documentation.

• Prepare for and attend affordable and LIHTC audits performed by state and regulatory agencies.

• Follow up with facilities on file audits to make sure corrections have been completed. Keep a log of files audited and files to be audited.

• Review new applications for completeness prior to submission.

• Provide and/or coordinate training for property management and program staff.

• Build and maintain relationships with funding agencies

• Work with Compliance Specialists, Operations, Regional Vice Presidents and Regional Managers to prepare for MOR and other relevant agency audits. Lead team to assist in drafting and reviewing responses to audit findings and provide follow-up to local teams to ensure ongoing compliance.

• Stay abreast of changes in relevant affordable housing, rent regulation and other laws and regulations applicable to the multifamily real estate industry and initiate training to facilitate appropriate changes company wide.

• Complete other duties as assigned.

Position Requirements

Required Knowledge, Skills and Abilities

• Strong knowledge of LIHTC regulations and project-based Section 8/Tax Credit residential properties

• Well-developed administrative skills. Strong management skills-principles and people. Experienced working with multiple types of service programs.

• Exhibit good judgment, practical day-to-day experience working with a diverse group of people, and hardworking.

• Extensive experience and judgment to plan and accomplish goals. Creativity and latitude.

• Strong written and verbal skills, organizational excellence, and team oriented.

• Ability to handle confidential information with discretion and integrity.

• Previous experience in a confidential administrative role with the ability to work well independently and ability to prioritize and multitask in a fast-paced environment.

• Proficient in Microsoft Word, Excel, and Power Point.

Performance Management

• Ensure top performance by providing them adequate coaching and guidance

• Evaluate and manage staff performance

• Coach, mentor, and discipline office staff

• Allocate tasks and assignments to subordinates and monitor their performance

• Oversee training, qualifications and ensure consistent work quality of five site specific income certification specialists

Talent Management

• Responsible for recruiting staff for the office and providing orientation and training to new employees

Core Competencies:

• Attention to Detail

• Accuracy

• Ability to operate standard office equipment

• Organizational and Time Management skills

• Verbal and Written Communication Skills

Direct supervisory roles:

• Tax Credit Compliance Team

• Affordable Housing Compliance Unit

Key working relationships and interactions:

• Compliance Team (AHCU and/or TC)

• Property Managers

• Area Supervisors

• Residents

• Office Team

• Accounting Team

• Occupancy Team

Physical Demands:

The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. While performing the duties of this job, the Team Member is regularly required to sit, talk and listen. The Team Member frequently is required to stand; walk, climbs stairs; use hands and arms to finger a keyboard, handle papers and reach for the phone. The Team Member needs to walk or stand frequently.

Team Member may be required to travel to different locations for this assignment.

Minimum Requirements:

• Valid NYS Driver's License

• TaCCs, COS, HCCP, SHCM or other widely-known affordable housing compliance certifications preferred;

• Experience in affordable and/or public housing, specifically maintaining compliance of LIHTC program preferred.

• Bachelor’s Degree or equivalent experience

• At least two years of administrative experience

• Computer Skills: Proficiency in Microsoft Office, and internet usage

Location Shinda Management - NYC

EOE Statement Shinda Management Corporation is committed to workplace diversity and inclusion. We are equal opportunity employers and do not discriminate in hiring or employment on the basis of race, color, religion, national origin, gender identity and expression, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. Shinda Management Corporation takes affirmative action in support of its policy to employ and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities.

Full-Time/Part-Time Full-Time

This position is currently accepting applications.