Compliance Analyst

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.

Job 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 will be tasked with updating HOCs system of record with the gross rent increase changes, ensuring all Housing Assistance Payment ("HAP") contracts and Operating Cost Adjustment Factor ("OCAF") for Project-Based Rental Assistance ("PBRA") properties are accurately reflected. Additionally, this individual will calculate and implement Utility Allowance adjustments, following strictly regulatory requirements. The Analyst will provide essential support for the Tenant Rental Assistance Certification System ("TRACS") inquiries, alongside overseeing the monthly HAP postings. They will 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"), federal, state, and local laws.

The Compliance Analyst will complete unit and affordable setups in Yardi and manage form updates in the Yardi system. 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:

• At least three (3) 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
• An equivalent combination of education and experience may be accepted. Low income residents in Montgomery County with above qualifications are encouraged to apply

Certification:

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

Knowledge, Skills & Abilities:

• Knowledge of federal, state, and local laws and regulations pertaining to subsidized housing
• Good interpersonal skills and the ability to interact with people of varied backgrounds
• 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

* Grade 22 - Min: $65,624 / Mid: $86,890 / Max: $108,138 | Salary determined by departmental budget - Offer commensurate with experience

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 in determining suitability for employment. Selected applicants will be required to submit to pre-employment drug and alcohol screening. Employment is contingent upon drug and alcohol test results.