Compliance Manager at District of Columbia Housing Finance Agency

Washington, District of Columbia, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Sep, 26

Salary

0.0

Posted On

11 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance Monitoring, Asset Management, Affordable Housing Programs, Financial Analysis, Project Management, Fair Housing Law, LIHTC, Davis-Bacon Act, Microsoft Excel, Property Management, Regulatory Reporting, Audit Conducting

Industry

Financial Services

Description

Description 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

Responsibilities

Oversee all compliance functions for the multifamily portfolio, ensuring adherence to affordable housing requirements and agency agreements. This includes conducting occupancy reviews, monitoring deadlines, and coordinating with HUD and other regulatory agencies.