Affordable Compliance Manager

Company Overview

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.   

 Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US.  At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed’. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.    

 Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.   

Affordable Compliance Manager

The Affordable Compliance Manager will provide oversight and support to an assigned team of Compliance Specialists and affordable programs within a specific region or territory. 

Essential Duties & Responsibilities

• Oversee and monitor internal systems and processes to ensure program compliance within assigned region or territory or as assigned by Director
• Provide support to assigned compliance staff within assigned region or territory 
• Oversee the program compliance of assigned portfolio (total number of units and properties determined by the assigned Compliance Director).
• Work with assigned Compliance Director to develop and coordinate training schedules for multiple levels of affordable program compliance.  
• Provide a level of accountability within a region or territory by overseeing special projects and/or programs as assigned by Compliance Director
• Provide high-level assistance with Special Projects as assigned by the Compliance Director
• Monitor internal database/tracker and support compliance users within assigned region or territory
• Support tracking utility allowance updates, rent/income limits and annual adjustments in software within assigned region or territory
• Support and assist with preparation of internal FPI Manager Certification and tracking updates as required by program within assigned region or territory
• Support and assist with monitoring HUD, State agency and local program updates.
• Oversee and provide additional support during the initial qualifying process of NEW construction lease-up properties and/or acquisition/rehab of existing properties within the dept as well as assigned portfolio.  
• Obtain and review applicable Regulatory agreements for proper setup in software and internal systems/trackers within assigned region or territory
• Attend and/or  monitor coverage, preparation and response of State or Federal agencies audits as assigned by Director
• Monitor 3rd party support services (KGC, Spectrum etc.)
• Maintain a professional appearance at all times in the presence of employees, clients and residents and follow Dress Code policy
• Overnight  and air travel may be required
• Consistently and fairly enforce FPI Standard Operating Procedures (SOP)
• Comply with all Fair Housing Laws
• Perform any and all functions as directed by supervisor including special project assistance
• Perform duties and functions as assigned by assigned Compliance Director

Education & Experience

• High School diploma or equivalency
• Proven effective leadership and/or experience as department manager or supervisor within the field of affordable property management
• Minimum 5 years affordable compliance and/or property management experience
• Extensive knowledge and experience in multiple affordable programs and layering
• Preferred experience in regulatory compliance of one or more programs: LIHTC, HUD, USDA-RD, HOME, Bond
• Ability to identify potential compliance issues and implement systems to find a resolution
• Strong administrative skills, highly motivated and organized with a positive attitude
• Must be proficient in Microsoft Office (Excel, Word) Google Apps and Yardi Affordable and/or Real Page software
• Appropriate soft skills to mentor and lead others
• Preferred affordable housing certifications including but not limited to: NCHM, AHMA, NAHB, NCP, etc.  

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

For individuals hired to work in California, Asset Living is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to the State of California and includes the range of factors considered in making compensation decisions including but not limited to skill sets; experience and training; certifications; etc. We would not anticipate that the individual hired into this role would be near the top end of the compensation range, but that decision will be dependent on the facts associated with each specific individual’s relevant experience for the role.  A reasonable estimate of the range is $80,000.00 to $85,000.00.