The Compliance Manger is responsible for all multifamily compliance functions including organizing and directing these activities for the Portfolio Management division. The primary responsibility of the position is to oversee all compliance related activity for the operation of the division and all associated activities pertaining to the physical and financial monitoring of the Agency’s multifamily portfolio.
Requirements:
ESSENTIAL DUTIES & RESPONSIBILITIES:
Supports the Asset Manager(s) to ensure the multifamily projects and portfolio is operating in compliance with all agreements and current affordable housing requirements
Perform and implement compliance policies and procedures
Track compliance requirements; specifically, requirements for Bonds and LIHTC
Conduct management and occupancy reviews to evaluate operational and management practices of the portfolio
Ensure Multifamily portfolio projects are in compliance with affordable housing and fair housing law and regulations
Responsible for ensuring that all construction sites that require DAVIS-BACON meet all Federal and local requirements.
Assist with the preparation for MOR reviews, LIHTC and State Agency inspections
Provide regular monitoring of Portfolio and Asset Management department deadlines and workflow
Responsible for all reporting requirements and effectively communicating with HUD, and other Agencies
Coordinate with outside contractors to schedule physical inspections
Communicate with project owners and management companies to correct physical deficiencies
Perform other duties as required
KNOWLEDGE AND QUALIFICATIONS:
Bachelor’s Degree in Real Estate, Business, or another related field from an accredited university or equivalent experience is required
5+ years of experience in asset management, property management and/or affordable housing programs, and compliance monitoring
Understanding of real estate development principles and market forces affecting rental housing construction and property management
Knowledge of laws governing lending and credit practices, housing finance mechanisms and underwriting techniques
Experience conducting property site visits/audits and dealing with property management staff
Knowledge of housing and affordable housing programs, guidelines and regulations
Ability to perform in-depth financial analysis and make well-supported recommendations
Must possess strong research, project management, organizational, analytical, and math/quantitative skills
Must be able to successfully and autonomously manage projects of a varied and complex nature
Excellent communication skills, both verbal and written, and ability to make presentations
Must possess strong working knowledge of all aspects of Microsoft Office Suite, specifically Excel
OTHER CHARACTERISTICS:
Ability to work proactively and operate accurately and efficiently in a fast-paced environment with variable deadlines
Maintain high ethical standards of integrity and quality
PI1fdb8ec3887d-25401-40770797
Numbers & Facts
Location
Washington, DC
Skills
Affordable Housingunmatched
Analysis Skillsunmatched
Asset Managementunmatched
Bond Marketunmatched
Business Operationsunmatched
Commercial Real Estateunmatched
Communication Skillsunmatched
Constructionunmatched
Construction Managementunmatched
Financeunmatched
Financial Analysisunmatched
Investment Managementunmatched
Legalunmatched
Loan Policyunmatched
Loan Regulationsunmatched
Low-Income Housing Tax Credit (LIHTC)unmatched
Maintain Complianceunmatched
Mathematicsunmatched
Microsoft Excelunmatched
Microsoft Officeunmatched
Operational Auditunmatched
Operations Managementunmatched
Policy Implementationunmatched
Presentation/Verbal Skillsunmatched
Procedure Implementationunmatched
Project/Program Managementunmatched
Property Managementunmatched
Property Rentalsunmatched
Quantitative Analysisunmatched
Real Estate Developmentunmatched
Regulationsunmatched
Regulatory Complianceunmatched
Residential Constructionunmatched
Time Managementunmatched
Underwritingunmatched
Writing Skillsunmatched
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