Compliance Specialist

Housing Opportunities Commission Of Montgomery County

$64K — $106K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in federally subsidized affordable housing programs or compliance function
  • Graduation from an accredited college or university in Business Administration or related field
  • LIHTC and HCV certifications required within six months of hire
  • Knowledge of federal, state, and local subsidized housing laws and regulations
  • Excellent oral and written communication skills

Responsibilities

  • Oversee a property portfolio of at least 800 units
  • Manage compliance reporting and follow up on issues
  • Conduct site visits and assist in agency audits for compliance
  • Review data to ensure compliance for various housing divisions
  • Recommend corrective actions and develop new procedures
  • Provide quarterly trainings

Benefits

  • Opportunity to work with a diverse portfolio of properties
  • Professional development through required training and certification
  • Engagement in process improvement initiatives
  • Exposure to inter-agency collaborations and audits
  • Ability to influence compliance strategies and procedures
Full Job Description
Compliance Specialist:

The Compliance Specialist will serve as an inter-agency consultant on compliance-related matters. This person will review to ensure compliance of Davis-Bacon certified payrolls and review and render decisions for customer Reasonable Accommodation requests. Oversee a property portfolio of at least 800 units. Will manage and monitor compliance reporting, investigate, follow up, and follow through on matters that may arise within assigned portfolio. Perform site visits and participate in external agency audits to ensure program property compliance. Will review customer data to ensure Federal, State and Local program compliance for the Housing Resources, Resident Services and Property Management divisions. Will compile data/statistics, prepare reports, documents, and written correspondence. Provide recommendations for corrective action for Federal, State and Local housing programs. Provide recommendations for development of new procedures. Provide quarterly trainings. Will perform other related duties as required.

Responsibilities:
  • Oversee a property portfolio of at least 800 units
  • Manage and monitor compliance reporting, investigate, follow up, and follow through on matters that may arise within assigned portfolio
  • Perform site visits and participate in external agency audits to ensure program property compliance
  • Review customer data to ensure Federal, State and Local program compliance for the Housing Resources, Resident Services and Property Management divisions
  • Provide recommendations for corrective action for Federal, State and Local housing programs. Provide recommendations for development of new procedures
  • Perform other related duties as assigned

Minimum Qualifications

Experience:
  • At least three (3) years of experience in federally subsidized affordable housing programs such as Housing Choice Voucher, Tax Credit or other subsidized housing program; Program Certification preferred; or at least three years' experience in a compliance function with exposure to internal audit processes or continuous risk assessment procedures to include planning, scheduling, reporting and continuous review.

Education:
  • Graduation from an accredited college or university in Business Administration or related field

Licenses and Certification:
  • LIHTC and HCV certifications must be obtained within six months from the date of hire.

Knowledge, Skills & Abilities:
  • Must have knowledge of federal, state and local laws and regulations pertaining to subsidized housing
  • Must possess excellent oral and written communication skills
  • Ability to work independently and exercise good judgment
  • Must be accurate, detail-oriented, and can meet deadlines
  • Good interpersonal skills and the ability to interact with people of varied backgrounds
  • Perform other related duties as assigned

*Grade 21 - Min:$64,696 / Mid:$85,416 / Max:$106,136 | Salary determined by departmental budget - Offer commensurate with experience.

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