What are the responsibilities and job description for the Compliance Specialist position at HRI Development LLC?
WHO WE ARE:
Based in New Orleans, Louisiana, and established over thirty-five years ago, HRI Properties (HRI) is a full-service real estate development company and a national leader in the adaptive reuse of historic structures. HRI Properties is vertically integrated with expertise in development, construction, design, governmental relations, environmental matters, historic landmark designation, and property management.
HRI Management, LLC (HRIM) is the multi-family property management entity within HRI Properties. HRIM manages a diverse portfolio of fifty-three multi-family developments consisting of five thousand units that offer luxury, affordable, and mixed-income living opportunities and over two hundred thousand square feet of office/retail space in a five-state area for HRI Properties, HRI Communities, and third-party property owners.
At HRIM, our long-term track record of success is attributable to our associates and their impact on the communities we manage. Our team is as diverse and unique as our property portfolio mix, and we are proud to have one of the highest employee retainage/tenure records in our industry. We welcome and embrace all ethnicities, cultures, ages, and lifestyles and hire individuals who can choose where they want to work. Because of our reputation and company culture, they decide to work at HRIM.
This position is remote in New Orleans, LA; travel to local properties may be required.
ESSENTIAL FUNCTIONS:
- Accurately and efficiently review and approve applications, recertifications, self-certifications, and interim certifications in accordance with Section 42 tax credit (LIHTC), bond, HOME, and other affordable housing programs
- Calculate total income from third-party sources
- Monitor Available Unit Rule and Unit Vacancy Rule
- Complete and review lease paperwork
- Maintain database, including Build Tenant Income Certifications for all certifications, upload and attach required documentation in Yardi
- Assist in preparation and maintenance of resident files as required by regulatory agreements, including setting up, maintaining compliance files and uploading digital copies in Yardi
- Assist with file audits and inspections as required by federal, state, and local partners
- Travel to properties as needed to assist with file audits, inspections, and training as required
- Assist the Director of Compliance with creating and completing any reports required by monitoring agencies, investors, etc.
- Complete resident file audits for new properties acquired
- Assist with training on-site staff on compliance policies and procedures, submitting certifications for approval, and filing documentation requirements
- Perform other duties as assigned
POSITION REQUIREMENTS:
- This hybrid position requires travel to local properties in Louisiana and other states; travel is estimated at 60% - 75% annually
- Requires at least 2 years of property management compliance experience
- Must be able to work some weekends and extended hours
- Must be a self-starter who is organized and detail-orientated with good communication and interpersonal skills
- Ability to operate on a deadline-driven schedule and prioritize a variety of tasks
- Must comply with regulatory agreements and possess critical thinking, evaluation, and analytical skills
- Must be able to explain program requirements to residents
- Ability to demonstrate professionalism and integrity and exercise confidentiality in all areas of performance
- Knowledge of LIHTC, HOME, and HUD programs is required
- Compliance certification such as COS or HCCP is preferred
- Banking or financial experience is a plus
WE OFFER COMPETITIVE BENEFITS:
- Affordable Health Package (Medical, Dental, Vision and Wellness Program)
- Employer-Paid Benefits
- 401K with Company-Matching
- Paid Vacation, Holiday and Sick Time
EOE/M/F/Vet/Disabled
