Compliance Audit Specialist

POSITION SUMMARY

The Compliance Assistant Audit Manager supports the Compliance Department by assisting with compliance audits, reviewing files and documentation, identifying compliance risks, and monitoring corrective action plans. This role partners with site teams and corporate departments to ensure adherence to affordable housing program requirements, company policies, and regulatory standards. The Compliance Assistant Audit Manager works closely with the Compliance Audit Manager and Director of Compliance to promote operational excellence and regulatory compliance across the portfolio.

KNOWLEDGE/SKILLS/ABILITIES

• Exceptional verbal and written communication skills to effectively communicate with team members, leadership, and regulatory agencies.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Detail-oriented with the ability to identify discrepancies and compliance concerns.
• Demonstrated commitment to providing exceptional customer service.
• Ability to maintain confidentiality and exercise sound judgment.
• Strong analytical and problem-solving skills.
• In depth knowledge of LIHTC, HUD, HOME, and other affordable programs.
• Ability to navigate multiple software systems and reporting platforms.
• Proficiency in Microsoft Office Suite, including Excel.
• Ability to work independently while collaborating effectively with cross-functional teams.

ESSENTIAL JOB FUNCTIONS

• Aid in audit/inspection preparation and responses.
• Review audit files prior to submission and as part of correction action.
• Aid in preparing audit reports, documenting findings, and tracking corrective actions.
• Monitor completion of corrective action items and follow up with site teams as needed.
• Research and remain informed on regulatory changes affecting affordable housing programs.
• Support the Compliance Audit Manager in evaluating policies, procedures, and internal controls.
• Aid in ongoing compliance monitoring and testing activities.
• Identify trends and recurring compliance issues and communicate findings to leadership.
• Provide guidance and support to site teams regarding compliance requirements and best practices.
• Aid in developing and delivering compliance-related training materials.
• Participate in regulatory agency responses and audits as directed.
• Maintain accurate records and audit documentation.
• Collaborate with operations and compliance teams to ensure timely resolution of non-compliance findings.
• Perform all other duties as assigned.

SPECIFIC EDUCATION OR EXPERIENCE

• Bachelor's degree in business or a related field.
• Ability to interpret regulations and laws and disseminate information.
• 5+ years LIHTC/HUD/HOME/BOND program experience.
• HCCP, COS or equivalent certification preferred.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

• Frequently sit, stand and walk.
• Regularly required to talk or hear.
• Frequently required to use hands or fingers to handle or feel objects, tools or controls.
• Occasionally required to climb or balance, stoop, kneel, crouch or crawl.
• Occasionally lift and/or move up to 25 pounds.
• Vision abilities to include close vision, distance vision, peripheral vision and the ability to adjust focus.
• The noise level in the work environment is usually moderate.
• Temperature in the workplace is typically moderate, though the ability to withstand seasonal cold and heat of the outdoors is necessary.

TRAVEL REQUIREMENTS

This position requires travel up to 10% of the time.