What are the responsibilities and job description for the Compliance Specialist position at Virtual?
Objective of the Position :
The Compliance Specialist Level 1 is an entry-level role within the Compliance Department designed for experienced housing professionals with a focus on quality assurance and accuracy . This role ensures adherence to Public Housing (PH), Housing Choice Voucher (HCV), and Low-Income Housing Tax Credit (LIHTC) program regulations through meticulous auditing, compliance monitoring, and operational review.
Specialists at this level play a critical role in establishing a foundation of accuracy and integrity within the compliance framework, performing detailed evaluations of internal processes and supporting operational teams with best practices to ensure high-quality program execution.
The Compliance Specialist Level 1 establishes the foundation for program compliance by ensuring the highest standards of accuracy and quality assurance. This role is integral to creating trust, integrity, and consistency in the organization’s operations while contributing to its mission of excellence in housing program management.
Summary of Key Responsibilities :
Quality Assurance and Accuracy
- Conduct detailed audits of participant files, financial records, and program processes to ensure they meet compliance standards with 100% accuracy.
- Identify discrepancies or inconsistencies, analyze root causes, and recommend corrective actions to improve overall quality.
- Develop and implement quality assurance tools and templates to promote consistency in compliance activities.
