Compliance Specialist

Socket.dev; Elk Grove (CA); On-site; USD 32,000 - 34,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) match

Scholarship program

Job summary

The Michaels Organization in Elk Grove, CA seeks a Compliance Specialist to support occupancy and compliance for 400+ affordable communities nationwide. The role requires problem-solving, housing compliance experience, and occasional on-site travel.

You will review applications, approve program eligibility, and process timely reporting, while maintaining organized files and working with the compliance team to ensure accurate, audit-ready records. Competitive benefits offered.

Qualifications

• Minimum of two years of experience in a similar position or background in banking or related industry is desirable.
• Affordable housing compliance experience and knowledge of HUD, LIHTC, USDA-RD, HOME programs is a plus.
• Certification in one or more programs required within one year of employment.

Responsibilities

• Approve move-in applications.
• Review and approve HUD program violations.
• Review a percentage of all recertifications.
• Process and submit monthly, quarterly and annual compliance reporting.
• Approve move-in applications for program eligibility as needed.
• Oversee rent-up of new properties or acquisition/rehab sites; organize and submit first-year files to agencies, syndicators, investors; make necessary corrections.
• Store both electronic and physical copies of first-year files.

Skills

Math

Data entry

Detail oriented

Communication skills

Accounting basics

Education

High school diploma

Job description

Overview

The Michaels Organization is a national leader in residential real estate offering full-service capabilities in development, property management, construction, and investment. At Michaels, our teammates strive to fulfill our promise of creating communities that lift lives – ones that jumpstart housing, education, civic engagement, and neighborhood prosperity. With this passion at the forefront of our business, Michaels teammates can be proud to be a part of the extraordinary, every day.

The Compliance Specialist will join a reputable and well-equipped Compliance team which supports occupancy and compliance efforts for 400+ affordable apartment communities nationwide. This teammate will be a problem-solver, have affordable housing compliance experience, and must be able to occasionally travel and work on-site.

Responsibilities

• Approve move-in applications
• Review and approve HUD program violations
• Review a percentage of all recertifications
• Process and submit timely all required monthly, quarterly and annual compliance reporting
• Approve move in applications for program eligibility as needed
• Oversee the rent-up of new properties or acquisition/rehab sites; organize and submit first year files to agencies, syndicators, investors and make any recommended corrections to those files when requested
• Store both electronic and physical copies of first year files appropriately

Qualifications

Required Experience:

Minimum of two years of experience in a similar position or a background in the banking or similar industry is highly desirable. Prior Affordable Housing experience as well as knowledge of Affordable Housing Programs is a plus.

Required Education/Training: High school diploma required. Certifications already held in affordable housing compliance (HUD, LIHTC, USDA-RD, HOME, blended occupancy) are highly desirable. Certification in one or more programs will be required within one year of employment.

Required Skills and Abilities:

Strong math and data entry skills, highly organized and detail oriented, excellent communication skills, basic accounting knowledge a plus.

Working Conditions: Pleasant and spacious environment. Occasional overnight travel and overtime required.

Salary Range Information:

The range displayed on each job posting reflects the targeted base salary for the position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

Rewards & Benefits:

We know Michaels’ promise of lifting lives starts with our teammates, so making sure every single teammate is happy, healthy, and set up for a successful future is important to us. As part of our team, you will enjoy a competitive wage, a comprehensive benefit package which includes Medical, Dental, Vision, prescription, etc., generous paid time off, a 401 (k) plan with a company match, and so much more. We believe in education – and in taking care of our own – so as an added incentive your children will be able to apply for the Michaels Employee Scholarship Program.

• Help make the world a better place in a team-oriented environment.
• Grow with our organization through variousprofessional development opportunities.
• Collaborate and thrive in a company culture where all are welcome

Michaels teammates make a difference in the lives of residents, colleagues, and the communities where we live and work every day. To learn more about the total rewards we offer please visit our website.

Salary Range

$23.00 - $25.00 Per Hour