Sr. Manager, Compliance Audits, Training & HUD (Hybrid) Baltimore, MD.

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profile Job Location:

Baltimore, MD - USA

profile Yearly Salary: $ 95000 - 106000
Posted on: 8 hours ago
Vacancies: 1 Vacancy

Job Summary

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground aggregate and invest capital for impact advance housing policy at every level of government and build and manage communities ourselves. Since 1982 we have invested $80.9 billion and created 1 million homes across all 50 states the District of Columbia Puerto Rico and the U.S. Virgin Islands all to make home and community places of pride power and belonging.

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Working at Enterprise

At Enterprise youll be part of a diverse committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. Youll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where youre valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with anexceptional benefits package.

Job Description Summary:

Ensure regulatory compliance of a large and rapidly growing portfolio of affordable rental properties under management by Enterprise Residential Property Management LLC.

Serve as the organizational expert creating policies and training staff on LIHTC HUD and mixed finance issues staying updated on regulatory changes annual income limit releases resident selection criteria compliance updates and other compliance-related issues.

Proactively identify and assess areas of organizational risk related to housing compliance and provide solutions to address those risk areas. Provide oversight and technical assistance to ensure on-time delivery of credits and equity installments as well as addressing file and property-level compliance issues with investors lenders syndicators and finance agency staff to maintain compliance and troubleshoot complex file compliance issues.

Serve as the key point of contact for 3rd party vendors and software companies for all things compliance related. This incumbent will lead a team of professional knowledgeable compliance professionals with specific emphasis on delivering superior customer service in support of Enterprise Residentials principles and values.

This position has a direct report to the Senior Director of Compliance.
  • Refine and oversee tracking of all property-specific program types compliance requirements audit dates and applicable agency and/or owner/partner contacts.
  • Assist with development of procedures forms and related manuals to ensure that best practices are used in ensuring continuous compliance for properties with Low Income Housing Tax Credits (LIHTC) and/or project-based rental assistance (PBRA) through the US Department of Housing and Urban Development HOME tax-exempt bond Section 811 Section 504/Fair Housing and other affordable housing program requirements related to occupancy rents and subsidy.
  • Apply procedures to minimize the owners exposure to governmental risk including review of new regulations as well as actual or potential agency findings of noncompliance. Monitor correct and report to the Sr. Director of Compliance to ensure prompt clearance of any agency findings while minimizing repetition.
  • Ensure timely and accurate monthly quarterly annual compliance certifications and Annual Owners Certifications and reporting for all applicable federal state local ownership or other agencies.
  • Collaborate with Regional Managers and site staff to coordinate and support all aspects of Agency/Investor/Owner as it relates to audits and achieving favorable scores.
  • Maintain proactive positive relationships with auditors/investor/corporate departments staff at the various federal state and local regulatory agencies syndicators investors or other authorities.
  • To provide a response to an agency/investor/owner when Right Source has failed to receive the requested information in a timely manner from the sites to complete the review or when a subsequent response is needed to close out an audit.
  • To maintain a working relationship between Enterprise Residential and Agency/Investor/Owners relative to the audit and response process.
  • Perform internal audits to assess compliance identify areas of improvement and provide actionable recommendations and corrective measures.
  • Lead pre- and post-audit meetings to align the expectations communicate findings and support audit readiness.
  • Provide guidance and oversight in addressing and correcting the findings from Management Occupancy Reviews (MORs).
  • To ensure all aspects of the HUD program requirements are followed ensuring HUD compliance is reflected in the Management Occupancy Review scoring for the properties.
  • Supervise training initiatives and ensure compliance with all program requirements.
  • Performs other duties as assigned.

SUPERVISORY RESPONSIBILITIES

  • This position will have supervisory responsibilities. The incumbent is expected to lead and coordinate the work of Associates on the compliance team with special projects as directed.

Work Location and Work Time

  • Enterprise Community Development and Enterprise Residential have regional offices in Baltimore MD Richmond VA and Bethesda MD. Enterprise also has offices in Columbia MD Washington DC New York City and satellite offices across the United States. This position will require working in a hybrid manner consisting of working remotely and in an Enterprise office along with travel to properties in the Mid-Atlantic region.

Experience Education Training and Qualifications

  • Six (6) to eight (8) years of experience in affordable housing program management with a government housing agency as Section 8 contract administrator or with an affordable housing asset or property management company required or equivalent experience. as a Compliance Analyst reviewing affordable program files for Tax Credit and HUD properties.
  • COS BOS TCS or equivalent certifications required.
  • Minimum of 5 years of experience in compliance monitoring of affordable & LIHTC multifamily housing properties.
  • Strong knowledge of LIHTC and HUD regulations.
  • Strong knowledge of the IRS8823 Guide as well as the HUD Manual 4350.3.
  • Minimum 3 years of experience leading a team.
  • Proficiency with Microsoft Excel applications; working knowledge of the Microsoft Office Suite.
  • Proficiency with Yardi Voyager or equivalent property management software preferred.
  • Exceptional analytical skills and detail orientation.
  • Excellent written communication skills including proper grammar and professional writing.
  • Excellent verbal communication skills with the ability to interact with and present complex information to associates at all levels and a wide range of business partners.
  • Ability to apply reason logic and advanced problem-solving skills to resolve complex and/or sensitive issues.
  • Ability to independently interpret data and draw conclusions and make recommendations based on those conclusions.
  • Ability to organize and manage complex projects within strict deadlines in a high-volume environment.
  • Ability to work and lead effectively in a team environment.

REQUIREMENTS:

  • Possess and maintain timely and reliable transportation.
  • Ability to travel to any community in the Enterprise Residential Properties portfolio. Travel including some out of state overnight and extended stay may be required.

Total Rewards at Enterprise:

  • You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

  • Enterprise offers a comprehensive total rewards package for you and your family.


The base salary for this role is $95000 to $106000 per year depending on level of skills and experience.

  • The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills education location experience and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise and other rewards may include annual performance bonuses and generous paid leave programs.

  • At Enterprise our benefits form a major component of our total rewards package. Benefits include dental health and vision care plans as well as family-building benefits such as adoption and surrogacy support. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy EAP and mental health benefits. We round out our total rewards package by offering financial education wellness programs and auto-enrollment in the companys 401(k) plan with employer matching contributions. Finally you will have learning and development opportunities including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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Required Experience:

Manager

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground aggregate and invest capital for impact advance housing policy at every level of government and build and manage communit...
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Enterprise Community Partners is a national nonprofit dedicated to increasing housing supply, advancing racial equity and building resilience and upward mobility around affordable housing.

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