Compliance Manager

Job Description

Job Description

Salary:

POSITION TITLE: Compliance Manager

MANAGER: Chief Compliance Officer

GENERAL DESCRIPTION: GENERAL DESCRIPTION:

The Compliance Manager provides leadership and support to the compliance team and manages the day-to-day activities of the compliance specialists to ensure GCHP affordable housing communities adhere to all federal, state, and local compliance requirements. Clear knowledge of layered funding programs is required including Low Income Housing Tax Credit (Section 42), HOME, TCAP, Section 202 and 811, HTF, Bond, NSP, and Rural Development. This position is expected to work closely with the Property Management team. Position located in Baton Rouge, New Orleans, or Jackson.

Experience

• Previous management of compliance staff and properties with multiple funding sources
• Active HCCP and/or SCHM certification in LIHTC Compliance from an accredited provider required (within the last 12 months) and maintained annually
• Minimum (7) years previous LIHTC work experience as a lead compliance expert
• Seasoned knowledge of applicable affordable housing-related laws and regulations
• Proficiency in OneSite Affordable or similar property management system
• Proficiency in Microsoft Office Suite

Abilities

• Be committed to, and find passion in, GCHPs mission.
• Excellent organizational skills, initiative, and ability to complete all duties in a fast-paced environment.
• Ability to shift priorities in an atmosphere where interruptions are frequent.
• Act professionally. Possess high ethical standards.
• Effective communication and writing skills across a diverse range of audiences.
• Position requires some travel to various communities throughout the portfolio.

ESSENTIAL JOB FUNCTIONS/RESPONSIBILITIES

• Lead, manage, and direct daily activities of the compliance specialists and provide updates to the Chief Compliance Officer.
• Ensure adherence to multiple funding regulatory requirements, including but not limited to LIHTC, HOME, HUD, Bond, FHLB AHP, RD, TCAP, and Public Housing programs.
• Assist in the review and certification of all initial and recertification household files.
• Provide oversight and training to Compliance team members and property management staff to ensure compliance with all relevant programs.
• Assist compliance specialists in monitoring past due recertifications and regularly report such findings to property management leadership and site teams.
• Ensure the completion and submission of all required Annual Owner Compliance reports.
• Coordinate the creation of and updates to all Affordable Restriction Summaries and Tenant Selection Plans, including but not limited to rent and income limits, and utility allowances.
• Develop and implement corrective action plans, in collaboration with property management team, for communities that are out of compliance.
• Participate in on-site and electronic third-party file audits and conduct annual on-site file reviews to mitigate risk.
• Actively pursue and maintain current, comprehensive knowledge of all affordable housing programs in GCHPs property portfolio.
• Other duties as assigned by the Chief Compliance Officer.