Compliance Analyst na Foundation Communities

Position Description: Under the direction of the Director of Compliance, the Compliance Analyst will work directly with the Director of Compliance and Associate Director. This position assists and assures full compliance of all the Foundation Communities’ programs. Our goal is to maintain the organization is good standing with federal and state agencies, as well as all of our various compliance funder requirements. The Compliance Analyst needs to be well versed in all of the guidelines and regulations pertaining to Foundation Communities’ compliance programs, such as Low Income Housing Tax Credits (LIHTC), HOME, TCAP Replacement Funds, HUD Section 8 Voucher, Housing Trust Fund, Neighborhood Stabilization Program (NSP), and Section 811.

Primary Duties/ Responsibilities 

Oversee timely completion of approval of all recertification and new move in files. This consists of - 

• Review files for calculation errors, i.e., SSI, SSDI, pay stub, employment verification forms, overtime, bonuses, etc.
• Changes/updates to required forms such as Under/Over $5,000 asset form, Cert. of Zero Income form, etc.
• Review of assets, i.e., bank accounts, retirement accounts, inheritance, real estate, etc.
• Review the recertification information from previous year to present. Be sure information has not changed, i.e., household size, employment, etc.
• Verify during the approval process if staff has classified them with correct designation, i.e., ELI,VLI or LI.

Oversee timely completion and accuracy of monthly and quarterly compliance reports for internal use - 

• Match files received and approved to monthly report to verify income, rent, HH size, etc. is being noted on the compliance report correctly.
• Match IC’s to compliance report and files approved to be sure all information on IC match’s what was approved
• If file was not received, ask for approval page from property staff.
• If IC and all necessary forms are incorrect, request corrected pages to be scanned and saved to the server.
• Monthly compliance report information updated to TDHCA/CMTS and MDSI each month for applicable properties.

• Assist the Director of Compliance and Associate Director with all compliance related issues.
• Work with on-site Property Management staff relating to lease file compliance.
• Maintain full knowledge of the rules and regulations of each compliance program.
• Attend training on a regular basis to stay current with any program changes and/or updates.
• Oversee and/or perform all data entry relating to the on line reporting.
• Complete, review and compare the monthly compliance reports for thoroughness and accuracy prior to submissions to TDHCA/CMTS & MDSI.
• Responsible for verifying all reporting information to TDHCA and MDSI are accurate prior to submitting when applicable.
• Perform Quarterly Audits on all properties, maintain audit spreadsheet
• Assist with the 811 Coordinator on all the 811 applicants and tenants
• Oversee and/or perform review and approval of all new lease files submitted by each property for compliance purposes.
• Oversee and/or perform review and approval of all lease files submitted by each property for annual recertification for all applicable properties
• Assist Compliance Director with collecting annual Utility Allowance data

Minimum Requirements

• Thorough knowledge of Federal, State and City Compliance Program Requirements
• College preferred but a degree is not necessary.
• A minimum of 2 years’ experience in the Affordable Housing Compliance field
• At least one or more of the following Certifications preferred: Tax Credit Specialist, Housing Credit Certified Professional or Certified Occupancy Specialist

Preferred Requirements 

• Must be computer literate with working knowledge of Excel, Adobe (PDF) Writer, Word and OneSite (Property Management software).
• Excellent Customer Service skills
• Excellent written skills
• Detailed oriented while exercising accuracy
• Ability to follow direction and provide oversite to critical reporting deadlines
• Excellent mathematical and analytical abilities
• Dependable with positive attitude
• Excellent organizational and time management skills
• Ability to handle pressure related to deadlines

Working Conditions

General office environment. Work is generally sedentary in nature but may require standing and walking for up to 10% of the time. The working environment is generally favorable. Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust, etc. Work is generally performed within an office environment, with standard office equipment available.

Physical Requirements 

General office-based demands including remaining in the seated position with occasional standing and walking.

Compensation

23.00     /hour

This position profile identifies the key responsibilities and expectations for performance. It cannot encompass all specific job tasks that an employee may be required to perform. Employees are required to follow any other job-related instructions and perform job-related duties as may be reasonably assigned by his/her supervisor.               

Foundation Communities provides an excellent benefits package including employer paid health benefits, 401(k) investment opportunity, Employee Assistance Program, paid vacation, holiday, and sick time.

In compliance with Foundation Communities’ duty to provide and maintain a workplace that is free of known hazards, Foundation Communities is requiring all employees to be fully vaccinated against COVID-19 unless they request and receive a reasonable accommodation.

Foundation Communities is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, sexual orientation & gender identity.