What are the responsibilities and job description for the Compliance Monitor position at Envolve LLC?
Job Details
Description
Envolve Community Management, LLC owns and professionally manages apartment communities located in select markets throughout the southeastern United States. We are a company whose success is measured by our residents' satisfaction in making their apartment homes and community a great place to be.
Envolve offers a wide variety of opportunities from residential apartment management, leasing, maintenance and more. We, the Envolve team are recruiting friendly self-motivated individuals with positive attitudes and a drive to succeed, to join our growing company. We are currently searching for a Compliance Monitor. This position is a remote position.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following but are not limited to the job specifications contained herein. Additional duties or job functions that can be performed safely may be required as deemed necessary by Envolve and its affiliated companies.
Must have LIHTC and HUD Experience
Benefits
Description
Envolve Community Management, LLC owns and professionally manages apartment communities located in select markets throughout the southeastern United States. We are a company whose success is measured by our residents' satisfaction in making their apartment homes and community a great place to be.
Envolve offers a wide variety of opportunities from residential apartment management, leasing, maintenance and more. We, the Envolve team are recruiting friendly self-motivated individuals with positive attitudes and a drive to succeed, to join our growing company. We are currently searching for a Compliance Monitor. This position is a remote position.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following but are not limited to the job specifications contained herein. Additional duties or job functions that can be performed safely may be required as deemed necessary by Envolve and its affiliated companies.
- Review all rental and initially LIHTC/HUD qualifying applications within 24 hours of receipt. Document YARDI with application status-Spice #
- Perform necessary on-site file property audits/setting up new property files/training personnel/continuing education classes in varies states and online, as needed.
- Some travel for audits may be required.
- Prepare a compliance audit report and submit to supervisor within 30-days of completing on-site audit.
- Communicate with the Community Managers regarding any Compliance questions or concerns.
- Provide telephone for on-site personnel training as needed.
- Obtain all Tenant Income Certifications for Monthly/Quarterly/Annually Tax Credit Reporting.
- Provide copies of the signed TICs and Race & Ethnicity forms to the reporting department weekly.
- Follow up with sites every 10 days on outstanding tics/50059s. Follow up every 30 days all open tickets.
- Update the Recertification Listing as annuals are received. On 11th day of month, update recertification listing with next month annuals. Move all current re-certifications not completed by the 10th of the month to the late recertification listing. Cut off for marking annuals of the listing is Thursday at 2 pm CST.
- Pull YARDI scheduled AR report for posting to RCL.
- Maintain and provide monthly fraud log.
- Maintain Work Number usage report and provide monthly.
- Review all annuals, interims, unit transfers, move-in/out, gross rent, terminations, etc. (all file 50059 and Tenant Income Certifications paperwork) 3-5 business days
- Document all files on Compliance Monthly Activity Report.
- Submit all Activity Report monthly to Portfolio Manager and property personnel for follow up on necessary corrections.
- Create files for all move-in paperwork (LIHTC Properties only). Maintain 1st year resident files until Tax Credit Qualifying is complete.
- Scan the 1st year resident files to the Reporting Director for entering onto a CD. Must be put together in file order and labeled prior to scanning
- Process any corrections required for PNC or other vendor
- Assist in tax credit qualifying resident during on-site visits of all new acquisitions.
- Review and follow up on income limits-maintain binder in current and accurate manner
- As needed, pull and assist with EIV reports
- Properly label all Spice tickets upon receipt and through review phase.
- Ensure effective dates, next AR dates, rent, PHA, etc. are all correct in YARDI.
- Maintain training as required through online system.
Must have LIHTC and HUD Experience
Benefits
- Medical, Dental, and Vision Insurance, Short Term and Long-Term Disability Plans
- Company Paid Life Insurance
- Apartment Discounts
- 401k Plan
- Paid Holidays
- Paid Time Off