Monroe Group Ltd.
Join to apply for the
Regional Compliance Specialist
role at
Monroe Group Ltd.
Job Summary The Regional Compliance Specialist is responsible for all aspects of Project-Based Section 8, Low Income Housing Tax Credit, HOME, and Bond compliance for Monroe Group’s growing portfolio. The position evaluates and monitors all properties within the portfolio to ensure compliance with applicable affordable housing programs, keeps current on all changes to affordable housing regulations, and assists in the distribution and training of this information to Property Management staff on a national basis. The role reports to the Director of Compliance and is based in the Denver Corporate office. This role will oversee properties in SC, MN, AL, TN, and GA; the ideal candidate will reside in one of these states.
Essential Functions
Evaluate agency requirements and implement compliance procedures for development for all properties
Keep current on all updates and changes in affordable housing programs and requirements; monitor state agencies and provide updates to the Compliance Manager
Assure that Property Management staff receives clear and concise written notification and interpretations of program changes
Respond to compliance-related questions from Property Operations personnel
Ensure all properties employ correct leasing forms and procedures (including tenant screening) and comply with applicable leasing laws
Coordinate all file reviews and audits to ensure compliance with regulatory agreements for each property
Ensure that all tax credit project first‑year tenant files are 100% in compliance
Ensure that all tax credit tenant files are 100% compliant
Ensure that all tax‑exempt bond project tenant files are 100% in compliance
Ensure that HUD project‑based Section 8 tenant files are 100% in compliance
Ensure that all HOME project files are 100% in compliance
Coordinate documentation and attendance for Management Reviews with Community Manager, Regional PMs, and State Compliance Agency prior to on‑site reviews
Remain in close contact with Regional PMs regarding compliance issues at specific properties, review issues with RPMs, and establish deadlines for properties to come into compliance
Report all non‑compliant properties and work with the Director of Compliance to develop action plans
Act as primary contact with local HUD and State Compliance Agencies; contact new HUD and State Agencies when new properties enter the portfolio
Monitor, review, and approve all responses for MOR, LIHTC, HOME, Bond, and all other agency audit responses as required in a complete and consistent manner
Ensure timely response delivery by stipulated deadlines
Complete annual/quarterly/monthly compliance reporting as required
Assure that all first‑year files from each property have been copied and filed in a central location
In partnership with the RPM and Director of Compliance, provide orientation and training to new property managers
Assess and make recommendations to the Director of Compliance regarding compliance procedures and training needs for Property Managers in accordance with company policies and guidelines
Perform other duties as assigned
Requirements
Strong knowledge of LIHTC regulations and Project-Based Section 8/Tax Credit residential properties; acquisition rehabilitation experience is a plus; multi‑state experience is a plus
3‑5 years of experience in property management (subsidy, tax credit, elderly, conventional, etc.)
Must be able to travel to properties across the U.S.; estimated travel up to two weeks per month in the first year and as needed thereafter
Must be able to travel to acquisition rehabs one week a month or more, depending on level of support needed, for properties initially LRITC certifying existing tenants
Excellent verbal and written communication skills, organizational excellence, and team orientation
Strong project management skills
Must be able to handle confidential information with discretion and integrity
Must be able to meet assigned deadlines
On‑site Property Management experience
Education and Experience
Bachelor’s degree from an accredited college or university or equivalent work experience
At least 3 years of Property Management experience in a Corporate compliance role
Must have working knowledge of affordable housing programs
Preferred Qualifications
At least 5 years of Affordable Property Management experience in a regional compliance role
HCCP, COS, TCS, C3P or similar designations a plus
OneSite‑RealPage experience a plus
Physical Demands
Employee must be able to lift at least 5 lbs. and up to 20 lbs.
Employee will frequently utilize hands and fingers
Employee will frequently be required to sit and occasionally stand or walk
Employee will be required to bend, twist, stoop and/or kneel
Employee must be able to walk each property in its entirety
Work Environment
The employee will be exposed to an indoor office and outdoor environment; the noise level typically varies
Salary: $75,000 – $80,000
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Finance and Sales
#J-18808-Ljbffr
Regional Compliance Specialist
role at
Monroe Group Ltd.
Job Summary The Regional Compliance Specialist is responsible for all aspects of Project-Based Section 8, Low Income Housing Tax Credit, HOME, and Bond compliance for Monroe Group’s growing portfolio. The position evaluates and monitors all properties within the portfolio to ensure compliance with applicable affordable housing programs, keeps current on all changes to affordable housing regulations, and assists in the distribution and training of this information to Property Management staff on a national basis. The role reports to the Director of Compliance and is based in the Denver Corporate office. This role will oversee properties in SC, MN, AL, TN, and GA; the ideal candidate will reside in one of these states.
Essential Functions
Evaluate agency requirements and implement compliance procedures for development for all properties
Keep current on all updates and changes in affordable housing programs and requirements; monitor state agencies and provide updates to the Compliance Manager
Assure that Property Management staff receives clear and concise written notification and interpretations of program changes
Respond to compliance-related questions from Property Operations personnel
Ensure all properties employ correct leasing forms and procedures (including tenant screening) and comply with applicable leasing laws
Coordinate all file reviews and audits to ensure compliance with regulatory agreements for each property
Ensure that all tax credit project first‑year tenant files are 100% in compliance
Ensure that all tax credit tenant files are 100% compliant
Ensure that all tax‑exempt bond project tenant files are 100% in compliance
Ensure that HUD project‑based Section 8 tenant files are 100% in compliance
Ensure that all HOME project files are 100% in compliance
Coordinate documentation and attendance for Management Reviews with Community Manager, Regional PMs, and State Compliance Agency prior to on‑site reviews
Remain in close contact with Regional PMs regarding compliance issues at specific properties, review issues with RPMs, and establish deadlines for properties to come into compliance
Report all non‑compliant properties and work with the Director of Compliance to develop action plans
Act as primary contact with local HUD and State Compliance Agencies; contact new HUD and State Agencies when new properties enter the portfolio
Monitor, review, and approve all responses for MOR, LIHTC, HOME, Bond, and all other agency audit responses as required in a complete and consistent manner
Ensure timely response delivery by stipulated deadlines
Complete annual/quarterly/monthly compliance reporting as required
Assure that all first‑year files from each property have been copied and filed in a central location
In partnership with the RPM and Director of Compliance, provide orientation and training to new property managers
Assess and make recommendations to the Director of Compliance regarding compliance procedures and training needs for Property Managers in accordance with company policies and guidelines
Perform other duties as assigned
Requirements
Strong knowledge of LIHTC regulations and Project-Based Section 8/Tax Credit residential properties; acquisition rehabilitation experience is a plus; multi‑state experience is a plus
3‑5 years of experience in property management (subsidy, tax credit, elderly, conventional, etc.)
Must be able to travel to properties across the U.S.; estimated travel up to two weeks per month in the first year and as needed thereafter
Must be able to travel to acquisition rehabs one week a month or more, depending on level of support needed, for properties initially LRITC certifying existing tenants
Excellent verbal and written communication skills, organizational excellence, and team orientation
Strong project management skills
Must be able to handle confidential information with discretion and integrity
Must be able to meet assigned deadlines
On‑site Property Management experience
Education and Experience
Bachelor’s degree from an accredited college or university or equivalent work experience
At least 3 years of Property Management experience in a Corporate compliance role
Must have working knowledge of affordable housing programs
Preferred Qualifications
At least 5 years of Affordable Property Management experience in a regional compliance role
HCCP, COS, TCS, C3P or similar designations a plus
OneSite‑RealPage experience a plus
Physical Demands
Employee must be able to lift at least 5 lbs. and up to 20 lbs.
Employee will frequently utilize hands and fingers
Employee will frequently be required to sit and occasionally stand or walk
Employee will be required to bend, twist, stoop and/or kneel
Employee must be able to walk each property in its entirety
Work Environment
The employee will be exposed to an indoor office and outdoor environment; the noise level typically varies
Salary: $75,000 – $80,000
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Finance and Sales
#J-18808-Ljbffr