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Director of Compliance

Company: Shinda Management Corporation
Location: Queens Village
Posted on: February 25, 2021

Job Description:

About the Organization Shinda Management Corporation is a Property Management company founded in 1981. We are based in Queens, NY and operate throughout the 5 Boros, Long Island and Buffalo, NY.

Our Vision: Investing in our people, our properties and our communities to build a lifestyle of prosperity.

Our Mission: We're determined to maintain a thriving culture. We are focused on enhancing team effectiveness. We promote individual and collective growth within the community by redefining affordable housing. Description Shinda is looking for a Director of Compliance to maintain all aspects of LIHTC and HUD compliance for SMC growing portfolio.Responsibilities:

  • Evaluate agency requirements and implement compliance procedures for developments for all properties
  • Oversee and manage Compliance Team (Tax Credit and Affordable Housing)
  • Field incoming inquiries from site staff with questions directly related to income and asset eligibility, legal rents, and property-specific compliance requirements.
  • Ensure that all properties meet compliance requirements for LIHTC, Section 8, and all housing programs.
  • Maintain maximum income limits, rent limits, and utility allowances and coordinate annual rent adjustments within the portfolio.
  • Ensure that all LIHTC certifications and re-certifications are processed in a timely manner.
  • Ensure that all files are reviewed and maintained in accordance with Shinda Management & HUD/LIHTC rules and regulations.
  • Conduct site visits to review resident files and implement standardization of pending and recertification files.
  • Maintain an organized filing system for unit files utilizing proper forms.
  • Perform file audits and identify errors and/or missing documentation.
  • Prepare for and attend affordable and LIHTC audits performed by state and regulatory agencies.
  • Follow up with facilities on file audits to make sure corrections have been completed. Keep a log of files audited and files to be audited.
  • Review new applications for completeness prior to submission.
  • Provide and/or coordinate training for property management and program staff.
  • Build and maintain relationships with funding agencies
  • Work with Compliance Specialists, Operations, Regional Vice Presidents and Regional Managers to prepare for MOR and other relevant agency audits. Lead team to assist in drafting and reviewing responses to audit findings and provide follow-up to local teams to ensure ongoing compliance.
  • Stay abreast of changes in relevant affordable housing, rent regulation and other laws and regulations applicable to the multifamily real estate industry and initiate training to facilitate appropriate changes company wide.
  • Complete other duties as assigned.Benefits
    • 401 (K)
    • Comprehensive Medical, Dental, Vision, Life, Disability
    • Paid Time Off & Holidays
    • Commuter Benefits
    • Bonus program Position Requirements
    • Strong knowledge of LIHTC regulations and project-based Section 8/Tax Credit residential properties
    • Well-developed administrative skills. Strong management skills-principles and people. Experienced working with multiple types of service programs.
    • Exhibit good judgment, practical day-to-day experience working with a diverse group of people, and hardworking.
    • Extensive experience and judgment to plan and accomplish goals. Creativity and latitude.
    • Strong written and verbal skills, organizational excellence, and team-oriented.
    • Ability to handle confidential information with discretion and integrity.
    • Previous experience in a confidential administrative role with the ability to work well independently and ability to prioritize and multitask in a fast paced environment.
    • Proficient in Microsoft Word, Excel, and Power Point. Qualifications:
      • Education and Experience Requirement(s): At least 5 years compliance experience in project-based Section 8/Tax Credit residential properties.
      • Strong knowledge of LIHTC regulations.
      • Formal training and/or certification in related field and some college is highly preferred.
      • Bilingual/Spanish is desirable, but not required.Certifications & Licenses Required:
        • Valid NYS Driver's License
        • TaCCs, COS, HCCP, SHCM or other widely known affordable housing compliance certifications preferred;Who Are We For over three decades, SMC has been in the forefront of proven, quality real estate property management services in the New York/New Jersey metropolitan area. Our property management portfolio consists of rental housing for family and senior residents, developments funded by the low-income housing tax credit program, government assisted rental housing and rent stabilized properties.We care about your concerns and take excellent care of your property. As Owners, we understand that "good management doesn't cost, it saves". SMC is dedicated to providing quality property management services at every level of our organization. Every member of our team strives to fulfill our vision of excellent customer services to both our clients and residents. We pledge our commitment to providing quality Real Estate Property Management and Consulting Services. For more information please visit shindamanagement.com Location Shinda Management- Corporate Office EOE Statement Shinda Management Corporation is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. Full-Time/Part-Time Full-Time This position is currently not accepting applications. Compliance Specialist in Brooklyn, NY
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Keywords: Shinda Management Corporation, New York , Director of Compliance, Executive , Queens Village, New York

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