Compliance Manager (Affordable Housing/Multi-Family Property Management)

Location

Gaithersburg, MD | United States

Job description

Compliance Manager (Multi-Family Affordable Property Management)

NOTE: Strong preference for internal/current Edgewood employee.

Essential Duties and Responsibilities: 

• Assist with trainings focused on the preparation of income certifications and recertifications for both Tax Credit and Federally Assisted properties.
• Certify that applicants meet the qualifications for all Tax Credit and Federally Assisted programs.
• Provide support to properties to complete past due recertifications.
• Assist and support site staff with tracking various property-specific programs and compliance requirements.
• Assist in the preparation for MOR and state agency reviews.
• Visit/travel to properties within the company’s portfolio to conduct site audits and pre-audit inspections. This role will require periodic travel in the DC metropolitan area, as well as outside of the DC metropolitan area.
• Monitor EIV reports and track site’s review and investigation of discrepancies.
• Assist in monitoring correct usage of income and rent limits as well as utility allowances.
• Collaborate with compliance on policy and procedure updates and implementation.
• Support company goals and action plans.
• Other tasks or duties as assigned by supervisor.

Qualifications: To perform this job successfully, an individual must be able to complete all essential duties in a high volume team environment and meet strict deadlines; demonstrate knowledge with affordable software, preferably RealPage and Yardi; have exceptional analytical skills and be detailed oriented; have the ability to independently problem solve and resolve compliance related issues; and have a solid comprehension of affordable program regulations and the Section 8 contract renewal process including the required utility analysis. The requirements listed below are representative of the knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

Certifications: Formal training and/or certification in related field necessary (HCCP, SHCM, C3P, COS, CPO, BOS or equivalent). 

Education: A college degree is preferred, but not required. The position requires the ability to read and write English fluently, the ability to accurately perform mathematical functions and the ability to understand and perform all software functions. 

Professional Experience: A minimum of five (5) years-experience in compliance monitoring of HUD-assisted & LIHTC multifamily housing properties. 

Attendance/Travel Requirements:  The role will be based in the corporate office. Site visits to communities will be required, and travel out of state may be necessary at times. Primary schedule is Monday-Friday from 8:30-5:30; schedule may shift to start earlier, end later, or include weekend work based on business needs.

Skills: The position requires, but is not limited to, the following:

• Strong written and verbal communication skills
• Proficient in Microsoft Word, Excel and Outlook
• Strong knowledge of LIHTC and HUD regulations
• Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3
• Ability to work in a fast-paced environment
• Ability to take charge and ownership of projects
• Self-starter and independent worker

Computer Skills:

• Intermediate-advanced knowledge of computers
• Intermediate-advanced knowledge of MS Office- Outlook, Word, Excel, Power Point
• Intermediate-advanced knowledge of OneSite (RealPage Leasing and Rents Affordable & Document Management), Yardi
• Ability to develop advanced knowledge of other programs or systems as needed
• Basic knowledge of Internet

Learning & Development:

Maintain a commitment to ongoing personal development and career growth through career path activities provided through the corporate office and external sources as needed.

Edgewood Management Corporation is a growing company that is looking for talented professionals who want to be part of a strong team focused on providing superior management services to our residents and owners. If you share our desire to be the best for our residents and communities, then you belong with Edgewood!

Edgewood Management Corporation is a 50+ year old premiere affordable property management company, providing superior real estate and property management for a portfolio of over 17,000 units in many states plus the District of Columbia. Edgewood’s portfolio represents a variety of multifamily products that include high-rise, mid-rise, garden and townhouse style rental units for all varieties of affordable programs as well as market rate/conventional properties. We have an exceptional track record to resolve problems and reposition troubled assets in all areas: operations, administrative, financial and physical. We are consistently ranked among the Top 100 Largest Managers of Affordable Housing by the National Affordable Housing Management Association (NAHMA), thanks to the outstanding leadership and talent in our company. Mission-driven to “Help Improve People’s Lives”, our reputation for providing high quality services with integrity has earned us the trust of our clients and our employees. We offer a supportive environment where employees are encouraged to develop their skills and talents to their fullest potential, and we are looking for a positive, motivated, and hardworking individual to join our team as a Compliance Manager in our Corporate Compliance Department.

Edgewood Management Corporation is committed to a diverse workforce and is an Equal Opportunity Employer.

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