What are the responsibilities and job description for the Compliance Officer position at Bonner Carrington LLC?
At Bonner Carrington, servant leadership is at the heart of how we conduct business and how we treat our team members. We pride ourselves on taking care of our properties, clients, residents, and employees. If this is aligned with who you are, apply NOW.
We are looking for a Compliance Officer who has the skills, expertise, and experience to really drive Bonner Carrington Property Management’s passion for quality and servant leadership. If you have what it takes and want to join an exceptional team then we want to hear from you!
The primary objectives for this role are to provide detailed compliance monitoring work along with training which will involve the review of resident files for overall compliance with the Low-Income Housing Tax Credit Program, Multi-Family Bond Program, HOME , Section 811 and RAD programs. This position will work under general supervision with latitude for the use of initiative and independent judgment. You should possess a passion for knowledge and are willing to learn the regulatory requirements for the programs we maintain in order to ensure overall compliance. The ideal candidate is an exceptionally organized, methodical professional with the experience necessary to optimize our department with respect to accuracy and compliance. Maintain a professional appearance and demeanor, as well as the ability to hold proprietary information in the strictest of confidence.
Objectives of this Role
- Review of initial move-in files for regulatory eligibility while providing support to business partners in order to ensure move-ins are processed quickly and efficiently in order to maximize occupancy while providing excellent customer service
- Conduct regular electronic spot audits and full file audits, as needed, in preparation for City, Investor, and/or TDHCA file reviews
- Prepare, analyze, and summarize relevant data in order to optimize evaluations and the monitoring of affordable housing programs for accuracy, and compliance with program requirements and with all applicable federal and state rules and regulations along with each community LURA
- Participate in developing, revising, and implementing compliance policies and procedures.
- Conduct full lifecycle of final move-in files and annual re-certifications
- Prepare, analyze, and send internal audits to communities on a quarterly basis in a polished manner
- Prepare and submit timely reports to include Quarterly Vacancy, Affirmative Marketing Plans, Annual Owner Compliance Report, Unit Status Report, Housing for Persons with Disabilities Report, Form 8703 and all other required reporting.
- Coordinate with the President of Compliance on compliance related matters
- Assist in developing and implementing training and support to all of our business partners on the systems we utilize, policies, procedures, and our core processes
- Review supportive services and affirmative marketing and recommend strategies that optimize efficiency and quality
- Manage and correct problems or violations and institute practices to eliminate errors/lapses in regulatory compliance.
- Assists with additional responsibilities when needed
- Reasonable accommodations will be provided to enable individuals with disabilities to perform the essential objectives
Proficiencies
- Critical Thinking
- Excellent Communicator
- Servant leadership
- Relationship Management
- Analytical Skills
Role/Hours of Work
This is a remote full-time position. Monday through Friday with varied office schedule.
Travel
Willing to travel, as needed.
Skills and Qualifications
- Possess the ability to provide exceptional customer service
- Have a passion for serving and motivating high-performance teams
- Possess excellent people skills; the ability to get along with diverse personalities; tactful; professional; flexible.
- Have strong time management skills and have the ability to multi-task in a fast-paced, collaborative environment
- Proficient with Microsoft Office programs including Microsoft Teams
- Are resourceful, possess diligence and are comfortable offering solutions and clarity where there is ambiguity
- Have a minimum of 3 years of experience in affordable housing compliance, particularly with HUD and the LIHTC programs.
- Knowledge determining household income eligibility in relation to program compliance regulations.
Preferred Qualifications
- Experience with OneSite, Yardi or a similar property management software program
- Experience with LIHTC, Project Based Section 8, Section 811, HOME, and RAD programs. Layered compliance experience preferred.
- Affordable Housing related designations..
- Accurate data entry and proofreading skills.
