Compliance Specialist

Founded in 1923, The Yarco Companies, is a full-service, multi-family real estate firm that delivers highly specialized Property Management Services, and focuses primarily on Affordable Housing. To learn more about our company visit

Yarco is an equal opportunity employer and does not discriminate on the basis of age, race, religion, color, sex, national origin, marital status, pregnancy, sexual orientation, or physical or mental disability. In compliance with the Immigration Reform and Control Act of 1986, we will hire only U.S. citizens and aliens lawfully authorized to work in the United States (if the position is or will be one which is subject to U.S. law).

Position Purpose:

This safety sensitive position is responsible for assisting the Community Manager with the overall operational and financial success of the residential property and exceeding resident service standards. Focus on the leasing, marketing and resident retention program of the property. Assist with the management and development of the residential staff for personal and professional growth and ensure high employee job satisfaction. Each community location has pre-designated office hours which this position will need to accompany to ensure community operations are functioning effectively.

Essential Mental Alertness Requirements:

• Work in a constant state of alertness and safe manner
• Ability to perform tasks involving high levels of cognitive function and judgment
• Not mentally or physically impaired from any cause that can adversely affect ability to safely and competently perform the duties of the position
• Ability t o take prompt and appropriate response to operating conditions
• Ability to work in an unfatigued state
• Ability to accurately gauge lengths of time and distance
• Ability to quickly store and recall instructions in one’s short-term memory
• Ability to concentrate
• Ability to cope with sudden changes in surrounding and/or emergency situations and/or alarms
• Demonstrated caring, committed and concerned attitude about safety

Key Contributions:

Compliance:

• Process new applicants and ensure compliance in processing.
• Schedule annual appointments and process annual recertifications.
• Ensure adherence to federal, state, and local affordable housing regulations, including those related to LIHTC, HUD, and other funding sources.
• Review resident files, property notebooks, recertification files, etc. Perform audits to ensure community is in compliance with regulatory requirements specific to the community.
• Monitor HUD and LIHTC websites to ensure up-to-date compliance with affordable housing policies and assist in the creation, organization, and distribution of training schedules.
• Maintain a high level with HUD Secure Systems access and ensure all team members are trained and properly documented for the EIV system.
• Support staff with compliance related questions and/or concerns.
• Ensure properties are prepared for state finance agency inspections and MOR’s
• Address audit findings and implement corrective actions as needed.
• Manage compliance-related matters and work to resolve disputes with regulatory agencies.
• Perform other duties as assigned.

Communication:

• Communicate issues or concerns directly to the Regional Property manager that are found at the property being assisted. This would include any day-today operational issues that the Operations and Support Manager (OSM) believe would be helpful to the RPM in the supervision of the property.

Position Requirements:

• Minimum two years in an affordable management level position, or progressive job growth which demonstrates the ability to deliver the required job functions and leadership.
• Demonstrated knowledge of associated regulatory and legal requirements related to Affordable Housing including, HUD’s Section 202 PRAC, Section 8 Multifamily Housing programs, Low Income Housing Tax Credit Program, the HOME Fund program, the Fair Housing Act, and the State Tenant and Landlord Laws.
• Demonstrated ability to deal directly with Senior Management and all other personnel to build consensus, establish confidence, communicate effectively and contribute to a positive work culture.
• Ability to multi-task, maintains flexibility, travel and work independently with minimal supervision.
• Excellent judgment, strong inter-personal skills, enthusiasm and positive attitude, “can-do” spirit, team player, integrity.
• Strong communication, analytical and project management skills.
• Proficiency with Microsoft Office (Word, Excel and Outlook) and OneSite Leasing, and;

If job includes or may include driving for company business :

• Driver must have a valid driver’s license and acceptable motor vehicle record with company insurance carrier
• Driver must have the ability to be insurable at standard rates for driving.
• Driver must have reliable means of transportation
• Driver must provide proof of personal auto liability insurance when using vehicles for company business