Compliance Quality Assurance and Auditing

Fairstead ESC LLC; United States; Remote; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Vision plans

401(k) retirement plan

Holidays

PTO

Sick days

Life insurance

FSA

Pet insurance

Disability insurance

Laser discount

Employee discounts

Job summary

Fairstead ESC LLC is seeking a Compliance Quality Assurance and Auditing Specialist to ensure ongoing compliance across its portfolio. The role conducts audits, on-site inspections, and reviews financial records to mitigate risks and support regulatory reporting.

The ideal candidate will have 2–3 years in affordable housing compliance, strong HUD/LIHTC knowledge, and the ability to travel about 85% nationwide to review properties and coordinate corrective actions.

Qualifications

• Minimum 2-3 years of experience in affordable housing compliance or a related field.
• Strong understanding of HUD regulations, LIHTC requirements, and applicable laws.
• Experience with data analysis, report writing, and record keeping.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong attention to detail and accuracy.
• Excellent written and verbal communication and interpersonal skills.
• Proficiency in Microsoft Office Suite and property management software (Yardi, MRI).
• Ability to travel nationwide approximately 85% of the time for on-site reviews and investigations.

Responsibilities

• Conduct regular audits of property files and on-site inspections to assess compliance.
• Review and analyze financial records including rent rolls and budgets.
• Monitor HUD and LIHTC compliance and other regulations.
• Identify and mitigate compliance risks and develop corrective action plans.
• Prepare reports summarizing audit findings and recommendations.
• Maintain audit documentation and assist with regulatory responses.
• Develop and deliver training for property management on compliance matters.

Skills

HUD regulations

LIHTC requirements

Data analysis

Report writing

Record keeping

Analytical skills

Attention to detail

Communication skills

Tools

Microsoft Office Suite

Yardi

MRI

Job description

Compliance Quality Assurance and Auditing

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns and manages a portfolio of more than 30,000 apartments, including pipeline, across 28 states. As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform to deliver high-quality affordable housing that serves our residents at scale.

At Fairstead, we believe affordable housing should be thoughtfully designed, professionally managed, and responsibly operated. We seek to create and preserve housing that serves residents while delivering long-term value to communities, partners, and stakeholders.

Fairstead challenges industry norms through our tech-forward, entrepreneurial approach to affordable housing. In addition to core real estate capabilities, we operate innovative service lines designed to improve resident outcomes, strengthen communities, and drive operational efficiency. We embrace digital transformation, data-driven decision-making, and emerging technologies, including AI, to build scalable systems that support sustainable growth, grounded in a culture of entrepreneurship, innovation, partnership, dedication, and integrity.

The Compliance Quality Assurance and Auditing Specialist plays a crucial role in ensuring the ongoing compliance of our affordable housing portfolio with all applicable federal, state, and local regulations. This position will conduct regular audits and reviews to identify and mitigate compliance risks, ensure accurate and timely reporting, and support the organization in maintaining the highest standards of ethical and operational integrity.

RESPONSIBILITIES:

Conduct Compliance Audits:

• Perform regular audits of property files, including resident files, lease agreements, income verifications, and other relevant documentation.
• Conduct on-site inspections of properties to assess compliance with physical and operational standards.
• Review and analyze financial records, including rent rolls, budgets, and financial statements.
• Monitor compliance with HUD regulations, LIHTC requirements, and other applicable laws and regulations.

Identify and Mitigate Compliance Risks:

• Identify and assess potential compliance risks and develop and implement corrective action plans.
• Monitor and track compliance issues and ensure timely resolution.
• Advise property management staff on compliance matters and provide guidance on best practices.

Prepare and Maintain Compliance Documentation:

• Maintain accurate and up-to-date records of all audits, inspections, and compliance reviews.
• Prepare reports summarizing audit findings and recommendations.
• Assist in the preparation of responses to regulatory inquiries and audits.

Support Compliance Training:

• Develop and conduct training programs for property management staff on compliance matters.
• Stay abreast of changes in regulations and industry best practices.
• Assist with the development and implementation of compliance policies and procedures.
• Participate in special projects as needed.

Travel:

• Travel approximately 85% of the time nationwide to properties across Fairstead’s portfolio to conduct on-site compliance reviews, inspections, and investigations.

BENEFITS:

• Generous employer contribution for Medical Insurance through Meritain Health.
• Employer Paid Vision Plans.
• Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
• 12+ paid Holidays.
• 15 days of PTO.
• 7 Sick days.
• Employer Paid Life Insurance.
• Flexible Spending Account.
• Nationwide Pet Insurance.
• Disability Insurance.
• Laser Correction Discount.
• Employee Discounts on appliances, apparel, and more.

QUALIFICATIONS:

• Minimum of 2-3 years of experience in affordable housing compliance or a related field.
• Strong understanding of HUD regulations, LIHTC requirements, and other applicable laws and regulations.
• Experience with data analysis, report writing, and record keeping.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong attention to detail and accuracy.
• Excellent written and verbal communication and interpersonal skills.
• Proficiency in Microsoft Office Suite and property management software (e.g., Yardi, MRI).
• Ability to work independently and as part of a team.
• Ability and willingness to travel nationwide approximately 85% of the time for on-site reviews and investigations.

Exact compensation may vary based on skills, experience, and location.

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.

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Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Fairstead ESC LLC’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.