Regulatory Compliance Analyst

RELATED

New York (NY)

On-site

USD 67,000 - 80,000

Full time

3 days ago
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Benefits offered by this job

Paid time off (19+ days)
Health insurance options
401(k) and financial wellness
Mental health resources
Fertility benefits
Volunteer time off matching donations
Training and advancement opportunities

Job summary

Related Affordable in Chelsea, Manhattan seeks a Regulatory Compliance Analyst to oversee compliance for a 144-unit affordable housing community. The role focuses on income limits, rent schedules, and regulatory reporting, requiring meticulous data handling and collaboration with site staff and residents.

You will monitor changes in HUD Section 8 and LIHTC requirements, coordinate reporting deadlines, and support audits while maintaining accurate records using Smartsheet and other tools.

Qualifications

  • 3+ years affordable housing experience preferred.
  • Knowledge of HUD Section 8 and LIHTC programs; annual reporting experience preferred.
  • Strong data management skills with attention to detail.

Responsibilities

  • Stay abreast of changes to income limits, regulatory agreements and program requirements.
  • Maintain Bands of Affordability, income limits, and rent schedules.
  • Communicate changes to rent schedules and regulatory requirements to staff, residents and stakeholders.
  • Track regulatory reporting requirements and deadlines; prepare and submit agency reports.
  • Monitor compliance systems to ensure data accuracy and coordinate corrections.
  • Review and reconcile compliance data to support reporting and process improvement.
  • Facilitate reporting of KPIs to stakeholders.
  • Collaborate with compliance and operations to resolve discrepancies.
  • Support regulatory audits and special projects.

Skills

Affordable housing experience
Attention to detail
Regulatory reporting
Communication with residents
Problem-solving
Availability on Saturdays

Tools

RealPage OneSite
Microsoft Office

Job description

Responsibilities

Related Affordable has an exciting opportunity for a hard-working, dynamic Regulatory Compliance Analyst supporting a 144-unit multifamily community in the Chelsea neighborhood of Manhattan. The ideal candidate would be a detail oriented individual accustomed to working on a deadline driven schedule. If you’re passionate about affordable housing and have a keen eye for regulatory details, we’d love to hear from you!

ESSENTIAL JOB FUNCTIONS:
  • Stay abreast of changes and pending updates to income limits, regulatory agreements, and other applicable affordable housing program requirements.
  • Maintain accurate Bands of Affordability, income limits, and rent schedules.
  • Communicate changes to rent schedules, income limits, utility allowances, and other regulatory requirements to site staff, residents, and relevant stakeholders.
  • Track regulatory reporting requirements and deadlines, ensuring timely preparation and submission of monthly, quarterly, and annual agency reports, including applicable tenant event uploads.
  • Monitor property management and compliance systems to ensure data accuracy, identify discrepancies, track outstanding items, and coordinate necessary corrections with appropriate teams.
  • Review and reconcile compliance-related data across systems to support accurate regulatory reporting, maintain data integrity, and identify opportunities for process improvement.
  • Facilitate reporting of compliance KPIs and other required information to relevant stakeholders.
  • Collaborate with compliance and operations teams to resolve reporting discrepancies and address outstanding compliance matters.
  • Support regulatory audits and special projects, including documentation requests, invoice processing, and tracking corrective actions.
  • Identify and escalation potential compliance risks to appropriate parties.
  • Track property marketing efforts and maintain supporting documentation required for regulatory reporting.
  • Maintain accurate compliance records and tracking tools using Smartsheet and other designated software.
  • Coordinate staff enrollment in required compliance programs, as needed.
  • Perform special projects and other duties as assigned.
WHY YOU’LL LOVE IT HERE:
  • Lots of paid time off (19+ days!) – we value your life outside of work
  • Customizable total rewards package – pick from our medical, vision and dental options, along with our life insurance and an Employee Assistance Program
  • Financial wellness perks to set you up for success - such as 401(k), FSA & HSA, employer-paid life and AD&D insurance; paid leave & disability programs
  • Mental health resources, such as counseling, are available to our team members
  • Fertility benefits – such as surrogacy, adoption assistance and more!
  • Paid time off to volunteer and we will match your charitable donations! We are a passionate team making realimpact on the world!
  • Grow with us – learning & training programs; tuition & certification reimbursement; internal advancement opportunities are available…and so much more!
ANTICIPATED SALARY RANGE:
  • $67000.00 - $80000.00 / year
  • Annual Performance Bonus
  • This position is exempt, meaning ineligible for overtime pay

This range is provided as a general guideline and reflects what we reasonably expect to pay for this role at the time of posting. Actual compensation may vary depending on a variety of factors, including the candidate’s qualifications, geographical location, and the specific responsibilities of the role. In addition to salary, this position may be eligible for performance bonuses and a comprehensive benefits package, including health insurance, retirement plans, and paid time off.

Final compensation offers will be determined following a thorough assessment of the candidate’s background and the requirements of the position.

Qualifications
  • 3+ years affordable housing experience preferred.
  • Knowledge of HUD Section 8 and LIHTC programs and certification processing; knowledge and experience with affordable housing annual reporting requirements preferred.
  • Strong data management skills with significant attention to detail.
  • Available to work one Saturday per month
  • Strong knowledge of all Microsoft Office required.
  • Working knowledge of RealPage OneSite desired.
  • Working knowledge of affordable housing regulatory reporting requirements desired.
  • Proven ability to build trust with members of a community with different backgrounds, motivations, and concerns in order to obtain information and solve problems.
  • Demonstrates accountability and reliability by taking full ownership of projects and outcomes, prioritizing precision and attention to detail, and approaching challenges with grit, resilience, and proactive problem-solving, while continuously engaging in learning and development to enhance performance; fosters collaboration and a resident-centered environment, ensuring empathy, respect, and cross-functional success in all interactions.

#RAJOBS

#LI-AB1

Overview

Related Affordable spearheads Related's initiatives to preserve and enhance the nation's affordable housing supply. With over 50 years of experience in affordable housing acquisitions and development, Related Affordable is renowned nationally for its financing, preservation, and rehabilitation innovation. Presently, Related Affordable manages one of the largest affordable housing portfolios in the United States. Our team is committed to the principle that everyone deserves a quality home, and we tirelessly strive to fulfill this mission in communities nationwide. Visit our website for more information: Related Affordable Housing.

We are proud to be an equal-opportunity employer committed to building an inclusive culture with competitive compensation aligned with experience and market standards.

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