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Director of Compliance
Lisa Management New York, NY
$156k-201k (estimate)
Full Time | Business Services 1 Week Ago
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Lisa Management is Hiring a Director of Compliance Near New York, NY

Company description

Lisa Management is a boutique management company originally established to manage properties – whether rental, condominium, or cooperative – developed by the Hudson Companies to ensure that the developments operate as efficiently as possible. Our current portfolio is a mix of rental, condominium, and low-income apartment buildings totaling just about 4,700 residential units, ninety- five commercial and retail spaces, and one private townhouse. We believe that our twenty years’ experience providing services to a diverse collection of properties provides us with the experience necessary to tailor our services to the unique needs of a variety of buildings.

Responsibilities:

The Director of Compliance is an efficiency-driven professional with demonstrated success in Affordable and Mixed Income Rate Housing Compliance. The Director of Compliance must have significant experience in residential property leasing policies, marketing initiatives for stabilized and new construction projects, and requirements for affordable housing programs. They must represent the company in its relations with ownership, prospective applicants, city agencies and funders which reflect the Lisa Management affordable housing mission.

Duties and Responsibilities:

· Plan and implement all marketing and leasing functions for affordable housing programs.

· Oversee the eligibility and lease up process of applicants for mixed-income and affordable housing programs.

· Review and coordinate the submission of applicant files for regulatory agency approval.

· Incorporate projects’ regulatory agreement terms, LIHTC, federal, state, or city marketing guidelines into eligibility process.

· Coordinate with Lisa Management Inc. and government agencies to commence and implement new building initial rent up.

· Coordinate property promotion and advertisement schedules with city agencies/advertising agent.

· Supervise application lotteries together with government agencies.

· Provide leadership to train and supervise daily operations of the department and ensure staff compliance with all regulatory requirements.

· Prepare annual staffing plan and budget which ensures delivery of new building lease ups, usually in conjunction with Development Team of Ownership.

· Ensure compliance with all applicable local, state, and federal rules and regulations related to affordable housing including fair housing, LIHTC and Section 8 subsidy programs.

· Ensure processing systems are in place to fulfill leasing timelines.

· Review/monitor advertising and marketing budget to ensure compliance.

· Create, format, and manage the project initial master log/unit distribution spreadsheet for new projects after lottery.

· Establish Standard Operating Procedures (SOP), in conjunction with ownership, for new and existing projects.

· Utilize data to analyze statistical information on potential applicants.

· Lead departmental recruitment efforts.

Qualifications:

· The candidate must have a Bachelor’s degree and a minimum of 5 years of senior management experience in affordable housing compliance.

· Prior experience directly managing teams.

· Minimum 5 years’ experience in mixed-income housing compliance, LIHTC, HUD and Section 8 housing programs.

· Certified Tax Credit Specialist and/or Certified Occupancy Specialist a plus.

· Experience managing a lease-up project.

· Must have prior experience with different NYC subsidy administrating agencies like HPD, NYCHA, HRA, etc.

· Must have experience with HPD’s Homeless Placement Services Department.

· Must have excellent communication and interpersonal skills; Proficient in Microsoft office/RealPage or other real estate software.

· Possess strong processing systems experience, analytical and problem-solving skills.

· Bilingual Spanish/English Preferred.

· Familiarity with PHFL Section 610 a plus.

Job Type: Full-time

Pay: $110,000.00 - $120,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Parental leave
  • Retirement plan
  • Vision insurance

Schedule:

  • Monday to Friday

Application Question(s):

  • Proficient in Microsoft Office/RealPage or other real estate software

Education:

  • Bachelor's (Preferred)

Experience:

  • LIHTC, HUD, Section 8 housing programs: 5 years (Required)
  • Senior Management in affordable housing: 10 years (Required)

Language:

  • English/Spanish (Preferred)

License/Certification:

  • Cert. Tax Credit Specialist or Cert. Occupancy Specialist (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$156k-201k (estimate)

POST DATE

06/19/2024

EXPIRATION DATE

06/25/2024

WEBSITE

lisamgmt.com

HEADQUARTERS

MANHATTAN, NY

SIZE

25 - 50

FOUNDED

1995

CEO

WILLIAM CLARK

REVENUE

<$5M

INDUSTRY

Business Services

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The following is the career advancement route for Director of Compliance positions, which can be used as a reference in future career path planning. As a Director of Compliance, it can be promoted into senior positions as a Top Compliance Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Compliance. You can explore the career advancement for a Director of Compliance below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Compliance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Compliance for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Compliance jobs

Soft skills are one thing, but compliance directors also need a healthy dose of fundamental knowledge to go with them.

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The best compliance directors maintain a commitment to lifelong learning to stay at the top of their profession.

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To become a director of compliance you need proven track record of delivering enhancements to process efficiency .

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