Compliance Specialist

West Side Federation For Senior And Supportive Housing Inc; New York (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

West Side Federation For Senior And Supportive Housing Inc in New York is seeking a Compliance Specialist to assist in achieving compliance with external funders and regulations. Responsibilities include preparing compliance reports, overseeing asset management records, and ensuring adherence to housing program standards. The ideal candidate should have knowledge of REAC, project management experience, and strong communication skills. A Bachelor’s degree is preferred. The position offers opportunities for training and development within a supportive environment.

Qualifications

• Working knowledge of REAC, EIC, APPS.
• Experience in affordable housing programs and subsidy compliance.
• Excellent written and spoken communication skills.

Responsibilities

• Assist with regular compliance reports and monitor deadlines.
• Research compliance and regulatory program standards.
• Oversee quality control of asset management records.

Skills

REAC

Project management

Affordable housing programs

Income certification

Property management

Communication skills

Organizational skills

Problem-solving

Microsoft Office Suite

RealPage's OneSite

Education

Bachelor of Arts / Bachelor of Science Degree

LIHTC Certification or relevant work experience

Job description

Reporting to the Assistant Director of Compliance, the chief responsibility for the Compliance Specialist is to assist in achieving quality compliance with the requirements of the WSFSSH’s external funders and regulators, thereby safeguarding WSFSSH’s assets and income streams, and meeting WSFSSH’s high standards for excellence in this sphere. In carrying out these duties the Compliance Specialist interacts extensively with both external stakeholders (lenders, syndicators, equity investors, government entities, etc.) and internal staff to ensure that WSFSSH meets its compliance and reporting requirements.

Key Responsibilities

• Assist with the completion of regular compliance reports, monitoring deadlines and requirements to deliver such reports in a timely, thorough, quality manner
• Act as assistant researcher regarding compliance and regulatory program standards and requirements; programs include HUD Section 8 / Affordable Housing, LIHTC, HOME, Mitchell-Lama, HHAP, Fair Housing, affirmative Fair Housing Marketing, HPD Regulatory, among others
• Assume a supporting role in deciphering and communicating relevant updates, facts, and requirements of related programs; help identify and implement training; keep abreast of material industry / program changes that impact upon WSFSSH’s projects / assets
• Act as user of HUD Secure Systems (REAC, EIV, APPS)
• Oversee and ensure quality control of the department’s Master Files (electronic and hard copy) related to asset management / compliance records
• Draft correspondence concerning all related asset management compliance, certification, subsidy, and other pertinent matters
• Serve as the Leasing and Compliance team’s primary source, communicator, and reference point for current and historical income limits, maximum rents and other key compliance parameters for relevant programs
• Review, approve, and resolve issues regarding certified rent rolls, TICs / recertification packages, site‑based vacancy / occupancy reports, audit reports / audit responses, and other reports and data
• Be a proficient user and troubleshooter within RealPage’s Affordable system; work directly with the CFO to roll out / implement new modules as requested
• Complete ad hoc special projects, research, analysis as assigned by, and in collaboration with, the Director of Leasing and Compliance
• Support and train building staff in their role(s) as contributors to the safekeeping and preservation of WSFSSH assets

Required Skills/Experience

• Working knowledge of REAC, EIC, APPS
• Demonstrated experience in project management, affordable housing programs, income certification and/or subsidy/regulatory compliance, property management and/or other areas related to WSFSSH’s Asset Management function
• Excellent written and spoken communication skills
• Strong office/organizational skills
• Ability to problem‑solve independently
• Proficiency in Word, Excel, Outlook, Teams, and Internet search/usage
• Experience with RealPage’s OneSite
• The ability to liaise effectively with supervisor, asset management staff, and other WSFSSH employees throughout the organization to achieve the Asset Management Team’s goal
• Be emotionally, mentally, and physically able to perform job responsibilities
• Maintain a strong and reliable work ethic and work schedule
• Must be willing and able to be flexible and adaptable, to multi‑task, to effectively handle competing priorities, and to hold and exercise effective and appropriately professional boundaries

Education

• Bachelor of Arts / Bachelor of Science Degree preferred
• LIHTC Certification, or relevant work experience

WSFSSH is an Equal Employment Opportunity Employer (EEO); employment is based upon employees’ qualifications without discrimination on the basis of race, creed, color, national origin, religion, sex, age, disability, marital status, sexual orientation, military status, citizenship status, genetic predisposition or carrier status, or any other protected characteristic as established by law.