Compliance Manager-Acquisitions - Washington, United States - Standard Property Company Inc

Standard Property Company Inc Washington, United States

2 weeks ago

Description

Job Description

THE POSITION

In the Compliance Manager position you will have oversight of the compliance activities of an assigned portfolio to ensure the properties are compliant with tax credit, HUD, and other housing program regulations. In this role you will provide compliance technical support along with training and guidance to compliance and property management staff.

What You Can Expect To Do

Oversight of compliance activities of remote property and management compliance teams
Travel to properties is required, as needed (potentially 25%-50%)
Support our property management teams when they have questions regarding compliance programs or procedures and assist with tax credit reporting requirements/resolving compliance issues
Prepare and monitor activities for State, Agency, Lender, Partner audits/inspections
Review and track compliance requirements for HUD, Tax Credit and other programs; first year "lease up" files for Acquisition-Rehab and New Construction, in partnership with third-party vendors. Certifications for 1st year recertifications
Track & process annual OCAF adjustment paperwork
Complete 8703 Forms, Quarterly Bond Reports, and Annual Lender Reports for signature
Stay current with all federal and applicable state regulations for the LITCH, HUD, RD and HOME affordable housing programs as they relate to files
Facilitate the completion of Welfare Tax Exemptions
Ensure compliance documents are filed accordingly
Facilitate account reconciliation between third party vendors and property management companies
Provide regular updates on the activities and status of compliance throughout assigned portfolio; establish reporting requirements and track key data accordingly
Provide administrative support to the rest of the compliance team when needed
Maintain compliance policy and procedures manual and update as needed

What You Should Have

5+ years of experience managing compliance for a diverse portfolio of properties
Experience managing compliance for 1200+ units; and experience working in multiple states with diverse subsidy programs; both state and federal
Working knowledge of program and regulatory requirements- experience with Acquisition/Rehab, HUD-TC blended sites; pre and post 8609 processes
Bachelor's Degree preferred or proven history of relevant experience
COS Designation (Certified Occupancy Specialist) or equivalent (BOS is a plus)
Tremendous organizational skills and the ability to advance several processes simultaneously
Excellent verbal and written communication, presentation, and analytical skills
Experience with multiple software systems- compliance, project management
Proficiency in Microsoft suite; Excel, Word, PowerPoint
Strong work ethic, critical thinking skills, attention to detail, and sense of urgency
Desire to work in a fast-paced, entrepreneurial environment
Ability to take ownership and commitment to follow through
Willingness to travel 25-50% of the time

What You Should Be

Highly accountable; you take ownership, follow-through, meet deadlines, and care about the quality of your work product
Curious, ambitious, and thoughtful; a problem solver by nature
A highly motivated person who values hard work
Well-rounded real estate finance professional: this role will work with legal, construction, asset management, and compliance disciplines on a day-to-day basis
An independent self-starter; you don't wait around too long looking for directions from others
A person who doesn't get flustered under pressure or deadlines
A world-class communicator
Able to work collaboratively in a small team environment; willingness to "roll up your sleeves" and pitch in when and where necessary
Ready to work in a fast-paced environment and be part of an amazing team doing valuable work

THE COMPANY

Standard Communities is a leading affordable and middle-income housing owner, investor, and developer. As one of the 20 largest owners of affordable housing in the country, we believe housing is a pathway to human prosperity, and providing high-quality, sustainable homes will offer people a sense of community and the opportunity to build a better future.

Founded in 2008, Standard Communities is relentlessly focused on growth. We have completed more than $4 billion in housing transactions with a portfolio that spans 17 states and includes nearly 19,000 units across 115+ properties. As a Certified B Corporation and a California Benefit Corporation, we are socially conscious entrepreneurs that value high performance, corporate responsibility, and innovation.

Through our public-private partnerships we create jobs, build the tax base, and enhance housing security and economic opportunities for our residents. Our creativity and scale enable us to deploy capital that generates meaningful change in neighborhoods across the country—creating value for residents, cities, and investors.

Standard Communities is headquartered in Los Angeles and New York City with regional offices in Washington, D.C., Chicago, Charleston, Miami, and Orange County, CA. With nationwide expertise and a local presence, our team comes from a wide variety of backgrounds and disciplines that bring deep experience, innovation, and results-driven collaboration to every relationship and interaction. This is just another way we live up to our high standards of serving communities. We are aligned in our commitment to make a positive change that will lead to transformational growth for the housing industry and the opportunity for success and fulfillment for our employees.

We believe in fostering a work environment where you can bring your whole self to work every day. Our people, their commitment to our mission, and our culture make Standard Communities a Great Place to Work year after year. Ready to make a difference? We are looking for curious, ambitious self-leaders to join our fast-moving, forward focused team.

Standard Communities is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of qualifications, merit, and business need.

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Compliance Manager-Acquisitions - Washington, United States - Standard Property Company Inc

Description

Job Description