Compliance Specialist

Avenue5 is growing and we are in search of a compliance specialist to join our dynamic team of Fivers!

About Us

We are a vibrant third-party multifamily property management firm with locations across the United States. We are proud of our vibrant inclusive make-it-happen culture where we:

• Listen to our associates recognize them and give them room to grow
• Invest in our associates to help them become the best version of themselves
• Approach every important decision with our associates in mind
• Celebrate our associates successes and encourage them to raise the bar even higher

Summary of Responsibilities:

The corporate compliance specialist is responsible for ensuring full compliance with all affordable housing requirements across a multi-state portfolio of properties. This role requires comprehensive knowledge of affordable housing regulations and a strong commitment to promoting community success through regulatory excellence. The position oversees the review approval and monitoring of resident certifications income and rent calculations and regulatory reporting for programs such as LIHTC HUD Section 8 Project-Based Section 8 HOME BMR MFTE PFC HFC and other state or local initiatives. Serving as a technical resource for onsite teams clients and internal departments the Corporate Compliance Specialist ensures consistent interpretation and application of federal state and local housing regulations to maintain the highest standards of program compliance and operational integrity.

Primary Responsibilities and Objectives:

Review and approve initial annual and interim certifications for accuracy and program compliance

Accurately perform rent and income limit calculations using published HUD and program-specific programs

Verify household income assets and student status in accordance with Section 42 HUD 4350.3 and other applicable program rules

Conduct file audits and prepare compliance reports for clients investors and regulatory agencies

Track and submit quarterly annual and ad hoc compliance reports to housing authorities HFAs and other oversight agencies

Collaborate with property managers and regional leaders to resolve compliance findings audit discrepancies and file corrections

Provide training and support to on-site staff regarding compliance procedures income verifications and software usage

Maintain organized records or certifications correspondence and approvals in accordance with company and regulatory requirements

Stay current with changes to federal and state compliance regulations income limits and utility allowances

Respond to various questions and issues regarding property reviews

May be required to travel to property locations to support or participate in compliance audits as necessary

Ensure sensitive data is secure and managed appropriately within the compliance department and throughout the company

Demonstrate Avenue5s core values of integrity accountability and collaboration in all compliance interactions

Comply with all company practices policies and procedures as well as applicable health and safety rules and regulations and local state and federal laws

Perform other duties as assigned

Education and Experience:

Minimum of three years of experience with affordable housing compliance is required

In-depth knowledge of HUD 4350.3 IRS Section 42 and related compliance regulations

State or Federal certification in affordable housing is preferred (COS HCCP or equivalent is preferred)

Proficient with property management systems (Yardi OneSite and Real Page)

Skills and Requirements:

Ability to read analyze and interpret regulatory agreements reports and legal documents

Experience working with state county and federal funding programs

Strong analytical thinking data collection problem-solving and decision-making skills

Proficient in the use of personal computers with advanced knowledge of Microsoft Word Excel and email applications

Skilled in operating general office equipment including telephone fax machine printer and copier

Excellent customer service and interpersonal skills with the ability to build and maintain positive relationships

Professional verbal and written communication skills

Strong organizational and time management abilities

Demonstrated ability to multitask and prioritize effectively

Proven ability to make sound and timely decisions

Goal-oriented with the ability to set and achieve objectives

Consistent ability to meet deadlines and manage competing priorities

Flexibility to adapt quickly to changing business needs and processes

Commitment to maintaining confidentiality and handling sensitive information with discretion

Complete and successfully pass the Avenue5 Fair Housing and Preventing Discrimination and Harassment training and other courses if assigned

Scheduling:

Required to maintain a regular schedule which may also require working outside of the regular schedule weekends and non-traditional holidays

Environment:

Exposure to environment typically found in an office building

Physical Requirements:

Avenue5 will make reasonable accommodations to enable individuals with disabilities to perform essential functions. These functions include but are not limited to:

Ability to lift push and pull up to 25 pounds

Ability to sit in a confined area for many hours at a time

Must be able to observe and detect signs of emergency through visual and/or auditory cues

Must be able to remain stationary move around reach and position oneself as needed for extended periods

Ability to communicate and express or exchange ideas with others as well as those activities in which they must convey detailed or important instructions to other workers accurately loudly or quickly

Ability to perceive the nature of sounds at normal speaking levels including the ability to receive detailed information through oral communication and to make the discriminations in sound

Visual requirements including color depth perception and field vision

Ability to compare copy coordinate synthesize negotiate communicate and instruct

Ability to tolerate stressful situations

Ability to work under minimal to moderate supervision

This job description is not an all-inclusive list of functions and tasks. Over the length of employment these functions and tasks may change.

Diversity:

Diversity creates a healthier atmosphere: Avenue5 is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race color religion sex age national origin protected veteran status disability status sexual orientation gender identity or expression marital status genetic information or any other characteristic protected by law.