Director of Compliance

Haverhill, MA

Overview: Beacon Residential Management (BRM) employs a Centralized Compliance department (CC) to monitor properties governed by the Low Income Housing Tax Credit (LIHTC) program. In addition to providing support, monitoring and file approvals, CC also provides front-line services to smaller properties to alleviate the burden of file processing, tracking of compliance controls, and reporting. “Front-line” work comprises processes that would normally be conducted by site staff, including but not limited to sending and receiving verification forms, computing income, completing certification paperwork, Yardi data-entry, report maintenance, and electronic file preservation.

Beacon’s CC Department also offers front-line and monitoring services to external clients. Currently, CC operates out of a processing center in Haverhill, Massachusetts.

General Statement of Duties: Responsibilities include implementation and ongoing preservation of corporate standards for quality assurance, internal controls, reporting, and audit preparation with particular emphasis on CC- monitored properties. Protects Owner’s interests by ensuring compliance with federal and state programs, including but not limited to Low Income Housing Tax Credit (LIHTC), Section 8, Public Housing, HUD etc. for CC properties and throughout company portfolio, and as assigned.

Supervision Received: Reports to Vice President of Compliance.

Supervision Exercised: Supervision of CC department staff (currently a department of six)

Essential Functions of the Position: 

(Any one position may not include all of the duties listed, nor do the listed examples include all duties that may be found in positions of this class.)

Central Compliance supervision/oversight

General

 

Minimum Qualifications

Education: Bachelor’s Degree or equivalent knowledge or expertise.

Experience: Minimum of five years of related work experience including supervisory experience. Certified Occupancy Specialist (COS) designation required.  Minimum five years of Tax Credit experience. C3P designation or equivalent. Public Housing experience and COS-P preferred. Requires professional knowledge of government subsidy regulations and COS expertise gained through experience and education.

Qualifications and Skills: Strong interpersonal skills. Ability to lead a team and maintain high level of employee engagement. Professional personal presentation and public speaking presentation skills. Analytical and conceptual skills with proven problem-solving skills. Knowledge of Microsoft Word, Excel, Yardi. Excellent verbal and written communication skills, self-motivated, flexible, creative and detail oriented. Familiarity with housing agency regulations and related terminology.  Ability to handle emergency situations and pressure due to complexity and time-sensitivity. Strong decision making and demonstrated accountability for actions.  Ability to be an active team member within the Company. Preserves and respects resident and applicant confidentiality. Willingness to travel to visit properties and attend offsite meetings/training seminars.

Beacon Core Competencies: Teamwork, Integrity/Ethics, Dependability, Customer Focus, Adaptability/Flexibility.

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