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Compliance Analyst

Housing Opportunity Com
Kensington, MD Full Time
POSTED ON 10/29/2024 CLOSED ON 11/27/2024

What are the responsibilities and job description for the Compliance Analyst position at Housing Opportunity Com?

Compliance Analyst

The Housing Opportunities Commission of Montgomery County (HOC) was established in 1974 to better respond to the County’s need for affordable housing. HOC is authorized to acquire, own, lease, and operate housing; to provide for the construction or renovation of housing; obtain financial assistance from any public or private source to assist its housing activities; and arrange for social services, resident services, and daycare.

Description:

The Compliance Analyst role within the Housing Opportunities Commission of Montgomery County entails a comprehensive set of responsibilities critical to maintaining and enhancing the quality and compliance of our affordable housing operations. This individual is tasked with calculating, monitoring, and implementing income and rent limits, ensuring all Housing Assistance Payment (“HAP”) contracts and Operating Cost Adjustment Factor (“OCAF”) for Project-Based Rental Assistance (“PBRA”) properties, and assisting in the calculation, monitoring, and implementation of Utility Allowance adjustments, following strictly regulatory requirements. The Analyst provides essential support for the Tenant Rental Assistance Certification System (“TRACS”) inquiries, alongside overseeing the monthly HAP postings. They offer guidance on Enterprise Income Verification (“EIV”) issues, ensuring compliance across multiple divisions with the guidelines and regulations established by the Housing Opportunities Commission (“HOC”), and federal, state, and local laws. The Analyst assists in reviewing Affirmative Fair Housing Marketing Plans (“AFHMP”) and Tenant Selection Plans (“TSP”) for properties. This role also involves managing SAM.gov registrations and renewals, crucial for federal contracts and grants, and reviewing and submitting unreported income and Special Claims to the Office of Inspector General (“OIG”).

The Compliance Analyst is responsible for identifying and implementing necessary updates to Property Management and Housing Resources documents, which include but are not limited to, resident notices, certification-related forms, leases, and addenda. Conducting and managing quality control reviews for Reasonable Accommodation requests to ensure adherence to Fair Housing laws, performing quality control reviews for Davis Bacon Act compliance, and assisting in the development and auditing of the other Quality Control processes are also within their responsibilities. Other aspects of the role involve assisting, monitoring, and providing guidance on monthly and annual reporting, including the HUD SEMAP process for Housing Choice Vouchers (HCVs), and end-of-year reporting for various state and local governments. The Analyst also supports the completion of various external and internal audits and inspections, including those related to financial, investor, and government audits.

The Compliance Analyst is instrumental in ongoing training and guidance to ensure that staff are knowledgeable and compliant with housing regulations and policies. The Analyst assists with developing strategies to enhance internal customer service satisfaction and engagement, promoting responsive and respectful communication. Ensuring all practices adhere to Fair Housing laws to promote non-discrimination and equal opportunity in housing, contributing to strategic planning for organizational growth and improvement, and identifying and mitigating compliance risks associated with affordable housing regulations and property management are also critical components of their responsibilities. This role demands a proactive, knowledgeable, and diligent individual dedicated to upholding the highest standards of compliance and service within the affordable housing sector.

Minimum Qualifications:

Experience:

  • Four years’ experience in federally subsidized affordable housing programs; such as Housing Choice Voucher, Tax Credit, or other subsidized housing programs-program certification preferred.

Education:

  • Requires Bachelor’s degree in public/business administration or related field.

Certifications:

  • Must obtain Low Income Housing Tax Credit (“LIHTC”) and Housing Choice Voucher (“HCV”) certifications within six months from the date of hire.

Knowledge, Skills and Abilities:

  • Must know federal, state and local laws and regulations about subsidized housing.
  • Must possess excellent oral and written communication skills.
  • Ability to work independently and exercise good judgment.
  • Must be accurate, detail-oriented and have the ability to meet deadlines.
  • Good interpersonal skills and the ability to interact with people of varied backgrounds.
  • Grade 22- Min: $63,118/ Mid: $83,549/ Max: $103,979 | Salary determined by departmental budget- Offer commensurate with experience

Low-income residents in Montgomery County with the above qualifications are encouraged to apply.

HOC is an equal-opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. HOC promotes a drug-free workplace.

HOC conducts criminal background checks, employment reference checks, and where applicable, reviews driving records to determine employment suitability. Selected applicants will be required to submit to pre-employment drug and alcohol screening. Employment is contingent upon drug and alcohol test results.

Salary : $83,549 - $103,979

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