Compliance Specialist at Realty Management Services Inc

Bethesda, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Aug, 26

Salary

60000.0

Posted On

06 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance Auditing, Lease Administration, Yardi, Fair Housing Laws, Regulatory Reporting, Problem Solving, Written Communication, Verbal Communication, Interpersonal Skills, Data Analysis, Documentation, Employee Training

Industry

Real Estate

Description

We’re seeking a skilled individual to join our Compliance team who is well versed in documentation to ensure adherence to ROSS on-site policies and procedures in the areas of lease administration, systems compliance, and government regulations including, but not limited to HUD, HOC, CDA, Low Income Tax Credit and Section 8, as well as general Fair Housing laws. Responsibilities: * Ensure compliance with Low Income Housing Tax Credit (LIHTC), HOME, HUD and other subsidized programs across the portfolio. Review applications, recertifications, and lease files for legal requirements and adherence to subsidy regulations (IE: required documentation, signatures, rent and resident data, and security deposits), as well as adherence to ROSS, HUD and Tax Credit policies and procedures regarding application requirements (IE: Income and credit score minimums, criminal background checks, US residency restrictions, occupancy limits, etc.). Identify areas of concern and report deficiencies to appropriate management personnel. * Provide help and support, via phone, e-mail, or on-site, for property personnel to ensure established ROSS policies and procedures are followed along with Federal, state, and local regulations pertaining to fair housing, housing assistance programs, etc. Assist with training employees in property management reporting, Yardi, LIHTC/Sec 8, and Operations policies and procedures. * Identify any on-going policy concerns; work with Compliance Manager & VP of Compliance when needed to implement changes and/or modifications to Operations and On-site Systems policies and/or procedures. Communicate regularly with team members regarding any changes or updates. * Assist with start-up of new communities in Yardi. Assist with set up of initial TIC/recertifications in the system. Assist with preparation of manuals, takeover package of forms, etc. and ensure delivery to new community. * Review recertifications and provide support to properties to assist with timely completion of recertifications * Assist other executives and Main Office staff as necessary with special projects and analysis. * Additional responsibilities include overall support of property and Main Office personnel on system related issues; auditing system-wide set-up, policies, and processes to determine compliance with established ROSS directives and initiatives; maintain compliance with local and state laws regarding lease documents and ROSS policies and update each as needed; assist with due diligence through lease audits of prospective acquisition properties. Required Experience: * College degree or relevant experience in affordable property management is required. * Position requires at least two years’ experience in subsidized property management, working with initial and annual LIHTC/HOME/HUD recertifications. * Previous accounting and/or auditing experience a plus. * Excellent interpersonal, written and verbal communication skills; ability to present information in a creative, concise manner; detail oriented with ability to analyze issues and utilize problem solving skills in decision-making; must possess excellent computer skills and familiarity with property management software. Required Licenses/Certificates: Tax Credit Specialist (TCS), or equivalent HUD certification(s) preferred. If not certified, candidate to must become certified within six months of the date of hire. This job description does not list all the duties of the job. You may be asked by supervisors or managers to perform other functions and duties. You will be evaluated in part based upon your performance of the tasks listed in this job description. Management has the right to revise this job description at any time. This job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reasons. ROSS Companies is an Equal Employment Opportunity Employer.

Responsibilities

Ensure portfolio compliance with LIHTC, HUD, and other subsidized housing programs through rigorous file review and auditing. Provide technical support and training to property personnel regarding operational policies and government regulations.