Compliance Specialist, Finance & Banking

Overview

The Compliance Specialist supports CIMS by ensuring compliance with all applicable state, federal, and accreditation regulations. This role focuses on Low-Income Housing Tax Credit (LIHTC) compliance and ongoing property support for tax credit properties.

• Ensure compliance with company policies, fair housing laws, and LIHTC Section 42 rules
• Review and process applications, verifying completeness and eligibility
• Aid in preparing for audits or inspections either internally or onsite, when needed
• Track, review, prepare and implement Utility Allowances
• Conduct LIHTC file reviews and prepare required reporting for state housing agencies, or city, county, and other agencies
• Prepare and update Rent Schedules with income, rent and utility allowances
• Work closely with properties and managers in training and other areas in times of need
• Monitor state agency websites to ensure we are using the most up-to-date forms and policies
• Stay current with handbook updates, code changes, and other regulations impacting affordable housing compliance
• Demonstrate expertise in Section 42, LIHTC regulations, HOME program, and HUD Handbook 4350.3 as they relate to resident file compliance and unit qualification
• Maintain a professional, positive demeanor, manage time effectively, and foster a collaborative team environment
• Adhere to all company policies and applicable federal, state, and local regulations
• Complete all annual training requirements and demonstrate professional behavior consistent with company standards

• A qualified candidate would present:
• Experience in the Affordable Housing industry, preferably active Housing Credit Certified Professional (HCCP) certification
• Strong knowledge of LIHTC, HUD, TRACS, and EIV
• Proficiency with Microsoft Office tools
• Knowledge in tax credit, finance layering including RD, correcting non-compliance, and 8823s
• Strong organizational, customer service, project management, research, problem-solving, and strategic thinking skills
• High ethical standards, confidentiality, and professionalism

Flexible work environment, health insurance coverage, paid time off and holidays

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.