Compliance Specialist I

Job Description

Job Description

Benefits:

• 401(k)
• 401(k) matching
• Company parties
• Competitive salary
• Dental insurance
• Health insurance
• Opportunity for advancement
• Paid time off
• Profit sharing
• Training & development
• Tuition assistance
• Stock options plan
• Vision insurance

| Requirements: | North Florida: This is an on-site position working within the SMG office. Candidates must be prepared for weekly travel primarily within N/NW Florida, including overnight stays. 

| About us: | SMG’s mission is to provide quality services for the affordable housing industry, including credit underwriting, construction loan servicing, permanent loan servicing, compliance monitoring, and financial monitoring locally in Panama City Beach, and throughout Florida communities. 

| About the role:  | The Compliance Specialist I is primarily responsible for scheduling, conducting, assisting, and following up on a minimum of 4 monthly management reviews and physical inspections, ensuring compliance to regulatory requirements for various affordable housing programs. This position requires a detailed and thorough review of regulatory agreements, property documentation, files and onsite inspections. Additionally, the role requires the ability to compile and produce a detailed written report within required contractual deadlines.

| Responsibilities: | ·        Perform initial and annual onsite management reviews and physical inspections of Affordable Housing Properties, documenting findings in detailed professional reports based on program requirements and follow through resolution of all identified issues.
·        Conduct desk reviews or physical inspections as needed, documenting findings in detailed professional reports based on program requirements and follow through resolution of all identified issues.
·        Proactively follow up on management reviews and physical inspections, diligently tracking findings until complete resolution utilizing internal reports.
·        Thoroughly Review monthly and annual program reports, Tenant Income Certifications, and Continued Program Compliance Certifications as assigned. Maintain correspondence detailing outstanding issues and follow up.
·        Maintain detailed records of outstanding issues and track their resolution through effective correspondence.
·        Proactively follow up on management reviews and physical inspections, diligently tracking findings until complete resolution utilizing internal reports.
·        Maintain and update all contractual reporting requirements, ensuring accuracy and timely submissions.
·        Remain current on evolving housing industry compliance issues and regulations.
·        Maintain a comprehensive understanding of compliance monitoring for various State and Federal Affordable Housing programs, including but not limited to:
o   Housing Credit
o   SAIL (State Apartment Incentive Loan)
o   HOME (Home Investment Partnerships Program)
o   NHTF (National Housing Trust Fund)
o   CDBG-DR (Community Development Block Grant-Disaster Recovery)
o   State and County Bonds

| Candidate requirements:  | ·        Minimum of 2-years’ experience in the Affordable Housing Industry. 
·        Able to travel weekly throughout Florida with some overnight. 
·        Attend annual SMG compliance meeting in home office (4 days). 
·        Computer skills proficient in MS Office products with in depth experience in Excel. 
·        Highly organized with excellent oral and written skills. 
·        Must be analytical and detail oriented with superior follow-through skills. 
·        HCCP certification or commit to earning the HCCP certification.