Junior Compliance Specialist for Fee Managed Properties

Posted 4 Days Ago
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91730, Rancho Cucamonga, CA, USA
In-Office
66K-66K Annually
Junior
Professional Services • Real Estate • Social Impact
The Role
Supports affordable housing portfolio compliance by reviewing regulatory agreements, aligning internal systems with funding and rent requirements, validating resident income qualifications, preparing required reports, communicating with owners and stakeholders, and resolving noncompliance issues. The role requires affordable housing program knowledge, compliance certifications, strong mathematical and communication skills, proficiency with Microsoft Office, and the ability to manage multiple priorities. Occasional travel, weekend work, extended hours, and driving may be required.
Summary Generated by Built In

The Junior Compliance Specialist reports to the Compliance Manager and is a member of a Team of 
Compliance professionals responsible for supporting affordable housing portfolios on behalf of 
external property owners. This includes working with internal and external stakeholders to ensure 
compliance with property specific regulatory agreements, applicable laws, and internal policies.

RESPONSIBILITIES

•  Reviews property specific Regulatory Agreements to identify all applicable funding sources and 
corresponding regulatory requirements, owner and investor reporting requirements, rent parameters, 
etc, and ensures internal systems are appropriately aligned.
•  Coordinates with other Compliance Team members to communicate with external property 
owners.
•  Updates internal systems to reflect ongoing changes to income limits, rents and utility 
allowances.
•  Reviews prospective resident files for income qualification and continued compliance.
•  Produces reports, materials, and other documentation as legally required, including to owner and 
regulatory authorities.
•  Proactively identifies, reports and resolves any noncompliance matters.
•  Effectively collaborates with lateral department managers, team members, and clients.
•  Addresses and resolves any issues or challenges that arise promptly and efficiently.
•  Participates in professional development activities which, from time to time may include travel 
and overnight stays.

EXPERIENCE
•  Two to three years’ experience as a Lead Compliance Auditor or two years’ experience in 
affordable housing property management.
•  Has obtained the LIHTC, HUD & BOS certifications or has the ability to obtain these 
certifications within the first 90 days of employment.
•  Experience working directly with affordable housing funding agencies, ownership entities, and 
management companies is preferred.
•  Proficient knowledge of affordable housing programs.
•  Experience working directly with affordable housing funding agencies, ownership entities, and 
management companies.

  Demonstrates strong mathematical proficiency.

•  Yardi experience is preferred.

•  Must have a working knowledge of Windows and Office 2000 software: Excel, Word, and 
Outlook.
•  Self-motivated and capable of working independently with minimal supervision
•  Demonstrates ability to manage multiple priorities.
•  Possesses effective communication and people skills.
•  Able to work some weekends and extended hours.

PHYSICAL REQUIREMENTS/WORK ENVIRONMENT

•  Exposure to several types of weather conditions.
•  Standing, walking, sitting
•  Driving
•  Operate computer and office equipment.

FLSA CODE
•  Exempt
 

Skills Required

  • Two to three years of experience as a Lead Compliance Auditor or two years of experience in affordable housing property management
  • LIHTC, HUD, and BOS certifications, or ability to obtain them within the first 90 days
  • Proficient knowledge of affordable housing programs
  • Experience working directly with affordable housing funding agencies, ownership entities, and management companies
  • Strong mathematical proficiency
  • Working knowledge of Windows and Office software, including Excel, Word, and Outlook
  • Yardi experience
  • Ability to work independently with minimal supervision
  • Ability to manage multiple priorities
  • Effective communication and people skills
  • Ability to work some weekends and extended hours
  • Ability to drive and operate computer and office equipment
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The Company
HQ: Rancho Cucamonga, CA
Year Founded: 1992

What We Do

National CORE is a US non-profit community builder committed to transforming communities through high-quality affordable housing, family/senior services, and long-term ownership.

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