Compliance Analyst

OVERVIEW

Enhancor is a customer service firm specializing in outsourced accounting, regulatory compliance, information technology, and financial services for real estate and property management companies based in the U.S. With offices in New York and Pune, Enhancor provides 24/7, around-the-clock resources to its clients. The Enhancor team has experience interfacing with some of the largest property managers in the world, providing services to multi-family operators, including those with more than $7 billion in real estate assets.

SUMMARY

The Compliance Analyst/Specialist will be responsible for reviewing move-ins, initial certifications, annual re-certifications, and interim certifications. The specialist will prepare and submit monthly, quarterly, and annual reports for tax credit syndicators. The role requires pulling EIV reports, conducting EIV zero-income checks, and resolving discrepancies for HUD-subsidized properties. The specialist will maintain compliance documentation, provide status reports, and assist with file reviews, audits, and inspections.

Duties & Responsibilities:

·      Flexibility to work during the US shift is essential.

·      Review all move-ins, initial certifications, annual re-certifications, and interim certifications.

·      Work with the Compliance Manager to ensure compliance with all funding sources and regulatory agencies, including HUD; State Tax Credit Agency; Syndicators, and other local, State, and Federal lending/governing agencies; Limited Partners and other investors. Ensure guidelines and procedures for applicable agencies, lenders, and investors are met, including adequate record keeping, reporting systems, and other legal monitoring requirements and goals.

·      For all HUD subsidized properties, upon move-in approval, the Compliance Specialist will be responsible for providing the Compliance Manager and with the prepared Form HUD-50059 and the completed HUD lease for signature(s).

·      Work with the Community Managers in preparation of certification notices, interviews, verifications of household information, and completion of the Tenant Income Certifications.

·      Work with the Community Managers in the preparation of all compliance-related forms and documents as directed by the Compliance Manager.

 ·      Provide weekly status reports during initial qualification period.

·      Pull EIV reports for all move-ins (applies to HUD subsidized properties only).

·      Complete monthly EIV zero income checks and resolves EIV discrepancies (applies to HUD subsidized properties only).

·      Perform compliance file reviews as needed, or as requested. It will be the Compliance Analyst’s responsibility to work with the Compliance Manager to schedule the planned on-site reviews and ensure that they manage their time accordingly to accommodate and attend any scheduled audits and inspections and continue to meet the required processing deadlines.

Qualifications & Skills:

•        5 years + work experience in a similar role.

•        Should be open to work in US business hours and work from office.

•        English language proficiency, both spoken and written, will be an important criterion.

•        Should have experience working in a start-up kind of chaotic and high energy culture.

•        Prior experience in KPO is preferred.

•        Proficiency with Outlook, Microsoft Word, Excel, PowerPoint.