Compliance Specialist

Job Description

Job Description

Purpose:  The Compliance Specialist is responsible for daily management of applicant resident files to ensure each property is compliant with all funding requirements. The Compliance Specialist also supports as well as local housing rules and regulations and company policy. The Compliance Specialist also assists with lease-up activities of new sites and training of property management and/or leasing staff.

Job Duties and Responsibilities:

·         Track all annual recertifications to ensure each file is completed at least 30-days prior to the effective date.

·         Audit move in and annual recertification packets to ensure each file qualifies under all funding regulations.

·         Accurately review compliance information in Yardi/Rent Cafe, generate tenant income certification for Property Manager to obtain signature(s).

·         Verify all adult applicant/resident signatures are obtained on the day of move in or prior to the effective date for an annual recertification

·         Audit each digital resident file in accordance with Real Estate Equities policies to ensure each applicant/resident file is complete and ready for a 3rd party audit.

·         Develop and maintain positive working relationships with compliance team and property management to promote a positive image for the development, housing programs, and Real Estate Equities.

·         Prepares various compliance reports to present to the Director of Compliance

·         Assist with lease-up activities of new sites, which may include attending meetings, providing staffing support, assisting with processing files, and organization of new resident files.

·         Assist with training of site property management and/or affordable housing leasing staff.

·         Direct correspondence with 3rd party compliance processors.

·         Assist with completing monthly and annual year-end owner reporting requirements.

·        Travel as needed to properties in state and out of state to assist site teams with lease ups, and training compliance

Non-Essential Job Duties:

·         Perform other duties, as assigned. 

Position Requirements:

·         Minimum 3 years of affordable housing compliance experience, including Housing Tax Credit. 

·         Industry compliance certifications preferred or ability to obtain within the next 12 months of hire.

·         Must possess the ability to communicate effectively, both written and oral.

·         Strong organization/planning skills, with ability to pay close attention to detail and multi-task. 

·         Must have the ability to meet deadlines and work in a fast-paced environment. 

·         Must have intermediate proficiency with Microsoft Office applications, Yardi and Rent Café experience, preferred.

·         Travel  as necessary to help at REE sites in the Metro and Rochester area. Must work at REE corporate office or on site 1 day per week. 

·         Must have a valid driver’s license, insurance, and a reliable vehicle.

·         Thorough knowledge and application of Fair Housing Laws.

·         Consistently follow, enforce and support REE screening criteria as required by the Fair Housing Laws and REE.

Physical Requirements:

Sit for extended periods of time in front of a computer.

Ability to sit, stand, bend and stoop and go up and down stairs as necessary.

Ability to lift up to 10 pounds.