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Job Summary
Under the supervision of the Community Manager, the Compliance Specialist is responsible for ensuring compliance with all governmental and other agency regulation governing each property. The Compliance Specialist is responsible for applying and managing the procedures outlined by Housing and Urban Development (HUD). The Specialist is responsible for conducting Annual Contracts (Re certifications) and Interims (Adjustments in between the year). Create monthly Billings (Voucher) to HUD, run TRACS, post tenant rents, open and close each property monthly, and maintain all tenant files as outlined by HUD and Company standards and procedures.
Essential Functions
This job description should not be interpreted as all-inclusive. It is intended to identify the essential functions and requirements of this position. The incumbent may be requested to perform job-related responsibilities and tasks other than those stated in this job description.
Knowledge, Skills and Abilities
·Knowledge of processing Low Income Housing Tax Credit (LIHTC or Section 42) certification paperwork; and other affordable housing programs such as HUD, Section I, 202, and/or 811
·Knowledge of industry software Yardi, Rent Cafe, Yield Star, and LeaseStar preferred.
·Ability to apply policies and procedures to solve everyday issues.
·Demonstrates knowledge of Fair Housing and other legal issues as the affect the properties operations.
·Strong customer service skills and professional personal presentation.
·Ability to close a sale.
·Ability to interact with others in a team environment.
·Effective oral and written communication skills.
·Ability to read/ speak/ write English language proficiently.
·Ability to work a flexible schedule to include weekends, evenings, and holidays.
Minimum Qualifications Required
·High school diploma required.
·Bachelor’s Degree in business or related field highly preferred.
·Minimum two (2) years’ experience in Tax Credit Compliance.
·Proven experience processing Low Income Housing Tax Credit (LIHTC or Section 42) certification paperwork; and other affordable housing programs such as HUD, Section I, 202, and/or 811
Certifications
·Certified Apartment Manager (CAM) or Accredited Resident Manager (ARM) preferred.
·Property Management Certification a plus.
·Must have a valid California driver's license with a clean driving record.
Full Time
$72k-93k (estimate)
08/14/2022
02/13/2023
The following is the career advancement route for Compliance Specialist positions, which can be used as a reference in future career path planning. As a Compliance Specialist, it can be promoted into senior positions as a Compliance Specialist IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compliance Specialist. You can explore the career advancement for a Compliance Specialist below and select your interested title to get hiring information.