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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:
Schedule:
Application Question(s):
Education:
Experience:
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Work Location: In person
Full Time
Business Services
$156k-201k (estimate)
06/19/2024
06/25/2024
lisamgmt.com
MANHATTAN, NY
25 - 50
1995
WILLIAM CLARK
<$5M
Business Services
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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Quotes from people on Director of Compliance job description and responsibilities
Compliance Officers are responsible for ensuring their organizational and business processes comply with government regulations.
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Compliance Officers are responsible for ensuring that all corporate processes and procedures comply with the law.
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Compliance officers organize regular training sessions for employees to communicate key regulatory changes and updates.
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Build risk and compliance awareness by providing support and training within the organization.
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Provide a work environment that adheres to all compliance and regulatory guidelines.
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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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Experienced as a Compliance director with at least five years of relevant experience are some of the qualification for this role.
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They should be able to perceive the compliance risks and regulation measures within the business.
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