The posting
At Enterprise, we scale housing affordability solutions for millions of people. For more than 40 years, we've championed big ideas that create more housing opportunity for everyone, investing more than $92 billion to create or preserve more than 1 million homes. Our greatest strength is bringing together the right partners, capital, and capabilities to help what's working reach more communities, faster. Join us as we unlock access to a quality, affordable home for millions across the country.
Working at Enterprise
At Enterprise, you’ll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You’ll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you’re valued and supported in your growth journey.
Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.
Job Description Summary:
The Compliance Manager provides strategic oversight of a portfolio of affordable housing communities and ensures adherence to all regulatory requirements while minimizing compliance risk.
As a Compliance Manager at Enterprise Residential Property Management, LLC, your role will be crucial in supporting the Sr. Compliance Specialist Floating, to ensure the regulatory compliance of our expansive and rapidly expanding portfolio of affordable rental properties. By identifying potential areas of organizational risk pertaining to housing compliance, you will work closely with the Senior Compliance Specialist Floating, to develop effective solutions that mitigate these risks and uphold our commitment to excellence.
Tracking and Reporting:
- Maintain a meticulous tracking system for property-specific programs, compliance requirements, and renewal dates to ensure the timely processing of certifications, avoiding any potential for non-compliance. Review monthly reports and collaborate with Senior Compliance Specialist Floating to identify potential non-compliance issues, particularly related to termination of Section 8 vouchers. Ability to create and execute action plans for properties who are facing non-compliance issues to get them back into compliance in a quick fashion.
Revenue Maximization:
- Monitor and resolve voucher discrepancies in a timely manner, ensuring accuracy and restoring any potential non-compliance issues. Monitor and resolve program certification issues to resume timely compliance, reducing the monetary impact. Oversee all current and retroactive payments to maximize revenue opportunities while adhering to regulatory guidelines. Collaborate with Regionals and VPs to ensure the timely processing of all certifications and to optimize income.
Collaboration and Relationship Management:
- Work closely with all members of the compliance teams, operation teams and onsite personnel to create plans of action regarding recertifications and training needs. Establish effective communication between operations and the compliance department to achieve ensure procedures and efficiencies. Liaise between the operations team, asset management and third-party compliance teams to ensure accurate and timely reporting. Identify compliance risk and trends, developing a plan of action to remediate. Collaborate with property associates and the Enterprise Residential IT team to optimize the use of Yardi for compliance-related processes. To provide new hire and ongoing training to Sr. Compliance Specialist Floating.
Secondary Administrator Roles:
- To oversee the pilot being conducted at the Edgewood Campus for the centralization of certifications.
- To assist in the effective implementation of the centralization of certifications for the organization.
Industry Engagement and Networking:
- Actively participate in industry organizations, vendor associations, and networking opportunities to stay updated on industry trends and best practices.
- Contribute to Enterprise Residential's industry knowledge and reputation through engagement with groups such as NAHMA and NLHA.
Additional Responsibilities:
- Support the Senior Manager, Audits, Training and Policy and Procedure, in pre-audit income verification and on-site file audits.
- Provide in-house file sealing when needed.
- Perform any other duties as assigned. Industry Engagement and Networking:
Work Location and Work Time
Enterprise Community Development and Enterprise Residential have regional offices in Baltimore, Bethesda and Columbia, MD. Enterprise also has offices in Washington, DC, and satellite offices across the United States. This position will require working in a hybrid manner, and in an Enterprise office along with travel to properties in the Mid-Atlantic region.
Qualifications:
- HCCP, COS, BOS, TCS or equivalent certifications required.
- Bachelor’s degree in government, business administration, policy development, or a related field, or equivalent experience
- Five to seven (5-7 years’ experience in affordable housing program management with a government housing agency, as Section 8 contract administrator, or with an affordable housing asset or property management company required, or equivalent experience
- A minimum of five (5) years-experience in compliance monitoring of affordable & LIHTC multifamily housing properties
- Strong knowledge of LIHTC and HUD regulations
- Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3
- Minimum 3 years’ experience leading a team.
- Experience with creating and presenting training material including in-person classes, webinars, and training videos.
- Proficiency with Microsoft Word and Excel applications.
- Proficiency with Yardi Voyager or equivalent property management software preferred.
- Exceptional analytical skills and detail orientation.
- Excellent written communication skills, including proper grammar and professional writing.
- Excellent verbal communication skills with the ability to interact with and present complex information to associates at all levels and a wide range of business partners.
- Ability to apply reason, logic, and advanced problem-solving skills to resolve complex issues.
- Ability to independently interpret data, draw conclusions, and make recommendations based on those conclusions.
- Ability to work and lead effectively in a team environment.
Salary Transparency:
- You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing. Enterprise offers a comprehensive total rewards package for you and your family.
- The base salary range for this role is $70,000/year to $93,754/year depending on level of skills and experience. The salary range represents the low and high end of what may be paid for this position. It is not typical for an individual to be hired at or near the top of the pay range, and compensation decisions may be influenced by a variety of factors, including skills, qualifications, experience, and location.
Total Rewards at Enterprise
- This range is just one component of our total rewards package, which also includes annual performance bonuses and generous paid leave programs.
- Our benefits form a major part of the total rewards package. These include dental, health, and vision care plans, as well as family-building benefits such as adoption and surrogacy support. Enterprise supports flexible work arrangements to promote work-life balance and offers health advocacy, an Employee Assistance Program (EAP), and mental health benefits. We round out our package with financial education, wellness programs, and auto-enrollment in the company’s 401(k) plan with employer matching contributions.
- Finally, you will have access to learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team and contributing to our mission to serve others.
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