Asset Oversight and Compliance Specialist

The Texas State Affordable Housing Corporation (TSAHC - www.tsahc.org) was created by statute as a self-sustaining non-profit organization to be operated exclusively for the promotion of public health, safety and welfare through the provision of safe, decent and affordable housing for low-income Texans and other underserved populations and by issuing qualified 501 (c) (3) bonds and qualified residential rental project bonds. We believe that every Texan has the opportunity to live in safe, decent and affordable housing that promotes a better quality of life. 


Asset Oversight and Compliance Specialist


The Asset Oversight / Compliance Specialist works under the guidance of the Asset Oversight & Compliance Manager. Work involves on-site and desk reviews of properties to ensure compliance with applicable federal and state laws, rules, regulations and policies that affect affordable multifamily communities financed by tax-exempt bonds. Responsibilities also include auditing monthly and annual property reports. The Asset Oversight/Compliance Specialist shall, from time to time, assist in other matters of the Corporation as needed.

 

Must be willing to travel extensively (50% to 75%) with overnight stays.  Must also have a personal credit card to charge transportation, meals, and lodging expenses incurred while out of town on Corporation business. These expenses will be reimbursed.

 

Responsibilities:

§ Conduct on-site inspections of a property's physical condition, management practices and operating procedures.

§ Monitor the compliance of properties by conducting field visits and examining reports.

§ Provide assistance to other monitors as assigned or needed.

§ Ensure compliance with low-rent and low-income occupancy requirements.

§ Ensure compliance with other federal and state requirements.

§ Ensure accuracy and completeness of all Tenant Income Certification forms.

§ Reporting and resolution of all events of non-compliance.

§ Perform data gathering, statistical analysis, and create reports.

§ Responsible for preparing monthly, quarterly and annual reports.

§ Research legal, technical and policy issues as needed.

§ Provide training and technical assistance to portfolio staff and project owners as needed.

§ Analyze financial statements, budgets, and variance reports.

 

Qualifications:

We are willing to train the right individual, should you have an undergraduate degree and some exposure to the multi-family rental housing industry through internships or part-time work.  Those with affordable housing experience are encouraged to apply.

§ Bachelor’s degree in property management, finance or business administration is required. 

§ Equivalent professional experience combined with advanced education and/or professional industry training may be substituted for education.

§ Knowledge of multifamily property management is strongly preferred.

§ Knowledge and understanding of rent and income restrictions required in multifamily affordable housing properties financed by tax-exempt bonds and/or low-income housing tax credits is strongly preferred.

§ Understanding of affordable housing markets and issues is a plus.

§ Ability to audit financial statements and budgets for accuracy.

§ Knowledge of the principles of auditing and multifamily accounting practices is a plus.

§ Strong communication and negotiating skills.

§ Proficiency in the use of Microsoft Excel, Word, and Outlook.

§ Ability to compose complex reports and notices.

 

Benefits:

Our commitment to your success is enhanced by our extensive benefits package including paid time off, medical, dental and vision benefits, 401K and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning and culture.


To Apply:

To respond to this opportunity, please go to: http://www.MyChoiceEngine.com/Role/45666

 

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