Compliance Specialist, Finance & Banking

Location: New York

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The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.

Area of Talent: Compliance/Affordable Housing/Low Income Housing Tax Credit

Position Type: Full-time/Exempt

Salary Range: $68,000 to $74,000 annually

Office Location: NYC/Financial District

Position Summary

The Compliance Specialist reports to the Assistant Vice President of Compliance and is responsible for monitoring and evaluating compliance within HDC’s Low Income Housing Tax Credit (LIHTC), Tax Exempt Bond (TEB), and Taxable Bond (TB) properties.

Responsibilities:

• Performs on-site and electronic LIHTC and TEB audits of properties pursuant to Section 42 and 142 of the Internal Revenue Code.
• Reviews annual owner certification packages and rent rolls to ensure ongoing programmatic and regulatory compliance.
• Monitors program updates on a regular basis and takes the appropriate actions to ensure compliance.
• Prepares and maintains timely, accurate, and updated compliance reports.
• Establishes and maintains key external relationships with property owners, managing agents and various governmental agencies.
• Acts promptly to respond in writing to inquiries and complaints.
• Assists in all functions of HDC’s Leasing and Marketing Groups.
• Provides technical assistance to stakeholders.

Required Qualifications :

• A Bachelor’s Degree from an accredited college in a related field and relevant affordable housing industry experience; or,
• A satisfactory combination of education and/or experience that is equivalent to the above.
• Ability to travel frequently by public transportation primarily in New York City.
• Ability to work independently and meet critical deadlines.
• Superior organizational, problem solving, oral and written communication skills.
• High level of proficiency in mathematics and data analysis.
• Proficiency with Microsoft Office suite specifically Excel and Word.

Preferred Qualifications :

• Working knowledge of Fair Housing and Rent Stabilization guidelines.

It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to .

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits, including:

• Health Benefits at a reasonable cost
• Dental and Vision Benefits at no cost
• Retirement savings plan with a generous match and a pension plan
• Paid holiday, vacation, sick time and parental leave
• Professional development opportunities
• Public Service Loan Forgiveness for eligible employees
• Wellness reimbursement
• Back-up Caregiver Benefit

HDC is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing  level

• Seniority level
  
  Entry level

Employment type

• Employment type
  
  Full-time

Job function

• Job function
  
  Finance and Sales

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