Compliance Analyst

Job Description

POSITION SUMMARY

The Compliance Analyst is responsible for monitoring agency and vendor compliance with HUD regulation and contract requirements to assure that program administration processes are followed in an accurate, timely manner and to ensure accountability and integrity in the management of financial activities. Primary activities include reviewing financial data and documentation, reviewing owner records and documents, and ensuring payments and retroactive adjustments are correct. Reports to the HCV Compliance Manager.

DUTIES AND RESPONSIBILITIES

• Maintain full understanding of program requirements, procedures, goals, as well as HUD and internally established measurement systems, including satisfactory performance thresholds,
• Maintain a full understanding of PHA and vendor contract requirements
• Ensure HUD financial requirements are met and funds are accounted for and properly spent
• Work with CHA Accounting staff to ensure HUD financial submissions are timely and accurate
• Review retroactive adjustments for accuracy
• Monitor back payments for timeliness and accuracy
• Review procedures for program compliance
• Monitor vendor records for accuracy and compliance
• Perform other HCV compliance functions, including but not limited to department reports, special projects and assist with audits.
• Performs all other duties and projects as assigned.

QUALIFICATIONS

This position requires a Bachelor's degree in Accounting, Business Administration, or a related field and/or a minimum of three years of relevant experience that includes the use of electronic and computerized information systems and Microsoft Word and Excel. Experience in conducting audits and/or financial reviews preferred. Must possess excellent verbal and written communication skills. Requires effective problem-solving, analytical, and organizational skills. The ideal candidate will display enthusiasm for undertaking challenges, a professional and respectful demeanor, and the ability to establish and meet critical goals.

This position is required to achieve a minimum passing score of 85% on the HCV Certification exam within 180 days post-hire.

BENEFITS AT-A-GLANCE

• Vacation, Sick and Personal, competitive PTO package
• Medical (HMO, PPO, and No employee cost High-Deductible PPO) Dental, Vision, and Life Insurance
• Short-Term and Long-Term Disability Insurance
• Long-Term Care Insurance
• Pet Insurance
• Parking Transit
• Prepaid Legal Services
• Brightstar 529 College Savings Plan
• Identity Theft Protection
• Hospital Indemnity Insurance
• Voluntary Critical Illness Insurance
• Deferred Compensation Plan: Empower 457/401(a) with a 3% employer match
• Pension Plan: CHA makes contributions on behalf of the employee, along with the employee's 3% contribution; 100% vesting occurs after 6 years of continuous employment or opt-out of CHA's Retirement Plan and continues to participate in the Municipal Employees Annuity and Benefit Fund of Chicago
• Hybrid work schedule (position specific) This position may be eligible for remote work following a successful completion of a 90-day probationary period according to CHA's established policies and procedures.

"Applications will be accepted for 30 days from the date of posting. However, the position may be closed at any point if a sufficient number of qualified applications are received."

Salary Range: $75,000 - $80,000
Grade: S7
FLSA: Exempt
Union: None