Compliance Specialist, Real Estate​/Property

About the Organization

For over three decades, SMC has been in the forefront of proven, quality real estate property management services in the New York/New Jersey metropolitan area. Our property management portfolio consists of rental housing for family and senior residents, developments funded by the low-income housing tax credit program, government assisted rental housing and rent stabilized properties.

We care about your concerns and take excellent care of your property. As Owners, we understand that 'good management doesn't cost, it saves'. SMC is dedicated to providing quality property management services at every level of our organization. Every member of our team strives to fulfill our vision of excellent customer services to both our clients and residents. We pledge our commitment to providing quality Real Estate Property Management and Consulting Services.

Our Vision:
Investing in our people, our properties and our communities to build a lifestyle of prosperity.

Our Mission:
We're determined to maintain a thriving culture. We are focused on enhancing team effectiveness. We promote individual and collective growth within the community by redefining affordable housing.

SMC is seeking a Compliance Specialist to join our compliance department. Under the supervision of the Manger and/or Director of Compliance, this candidate is responsible to maintain the SMC portfolio in accordance with regulatory program and agency requirements, applicable Fair Housing Laws, and the company policy and procedures.

• Ensure compliance with program regulatory requirements (e.g. LIHTC, Section 8, Inclusionary Housing, HOME, and other programs), Fair Housing Standards
• Fully process and complete initial certifications, annual recertifications, leases and lease renewals within assigned portfolio - e.g. move-in's, move-out's, transfers. Some sites may require recertifications, gross rent change, 50059's etc
• Participation in marketing and leasing functions related to all affordable housing programs and applications, including remarketing assessments, interviewing applicants, and processing appeals
• Process tenant rental payments, Housing Assistance Payments (HAP), post HAP Payments, manage Tenant Rental Assistance Certification System (TRACS) and review Tenant Income Certification (TICs). Some sites required processing and reviewing EIV reports/corrections, repayment agreements, and process special claims
• Pre-audit LIHTC/HUD and HOME tenant files for all properties including mixed-blended
• Assist with preparation of site audits
• Assist with the LIHTC portion of the rent ups
• Assist with review of Certified Rent Rolls mid-year and at year end
• Assist with preparation of Annual Owner Certifications
• Tracking and corrections of any and all 8823s
• Prepare of HOME Annual Owner Certifications
• Centralize and maintain LIHTC tenant files for audit ready purposes
• Perform in-house audits as needed
• Prepare reports as needed
• Other duties as assigned

Job Type: Full-time

Pay: $55,000 - $65,000 per year

• 1-2 years’ minimum experience in LIHTC and/or Section 8 multi-family property management
• Accredited housing certification preferred:
  Low lncome Housing Tax Credit and/or Certified Occupancy Specialist
• Experience with Yardi, One-Site/Sit Compli (or other housing software)
• Full knowledge of NYC rent stabilization and HUD Handbook 4350.3, Rev-1 Chg. 4 rules and regulations
• Excellent knowledge of Microsoft Office Suite
• Must demonstrate that “resident satisfaction comes first” through excellent communication, customer service skills and a willingness to “go the extra mile”
• Bilingual Spanish is a plus
• Travel required up to 15%

Shinda Management…