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Director of Compliance

Location: Houston
Posted on: April 10, 2021

Job Description:

Founded in 2002, the ITEX Group is a vertically integrated, privately held real estate investment, development, construction, and property management firm. The ITEX Group pursues a broad range of real estate investments that offer risk-adjusted returns to our investors and clients. The key to ITEX's success is dedication to fair and equitable relationships with its stakeholders. The Director of Compliance will be responsible for file reviews in preparation for audits, approving initial certifications for properties in the company's portfolio, and assuring compliance with applicable affordable housing programs. The Director must keep current in all changes to affordable housing regulations and distribute this information to the President and property operation staff. The Director will also promote company growth, client retention, company culture, purpose and vision. Qualifications:The ideal candidate will possess a thorough knowledge of LHTC, BOND, and other affordable housing programs. HCCP certification or equivalent is a plus, but not required. However, candidates must be able to complete within six to eight months after employment. Extensive experience in working with all aspects of Microsoft Office is required. Responsibilities:

  • Ability to motivate people to superior performance, with and without direct line authority.
  • Skilled with the ability to relate well to people from diverse backgrounds.
  • Ability to interpret and understand financial information.
  • Ability to communicate clearly both verbally and in writing and advocate for affordable housing.
  • Ability to understand regulatory agreements and compliance regulations.
  • Ability to provide technical assistance on complex issues in a simple, straight-forward manner.
  • Ability to work as a part of a team with a participatory style.
  • Takes initiative and can work independently in a manner that protects and ensures company growth.
  • Flexibility to work in a complex and changing organization and adapt to changes in structures and work priorities.
  • Ability to manage multiple priorities and tasks simultaneously.
  • Actively portrays a positive attitude, professionalism, and integrity.
  • Ability to be self-motivated and add value to the company without supervision.
  • All other duties assigned by Supervisor.
  • This position requires up to 75% travel. Essential Job Functions
    • Keeps current on all updates and changes in affordable housing programs and requirements. Assists with the distribution of information, along with any needed explanation regarding the impact of the changes, to key property operations staff.
    • Oversees the creation and maintenance of master files for each property with all documents essential to monitoring compliance requirements.
    • Oversees all compliance policies, procedures, and processes.
    • Ensures that required certifications are completed on or before due date.
    • Reviews monthly, annual reports or required information due to regulatory agencies. Ensures that these are in compliance and submitted by no later than three days prior to due date.
    • Implements in-house systems and processes for development, asset management, and property management to ensure compliance.
    • Assists or is responsible for the scheduling, completion, and delivery of site inspections as assigned by Vice President of Operations.Core Values
      • Listens attentively to others. Asks clarifying questions to gain better understanding of the person's views and assumptions.
      • Works effectively in a team environment and actively participates in joint problem solving; willingly cooperates with co-workers.
      • Identifies and takes advantage of opportunities for personal and professional development.
      • Coaches and encourages individual employees and teams. Encourages the professional and personal development of staff. Positively recognizes the accomplishments of staff in own work group and other areas.
      • Comes to meetings prepared and on time; honors work commitments; follows through on what was agreed upon and meets deadlines.
      • Collaborates with other work groups and outside organizations as appropriate, in a proactive and responsive manner.
      • Maintains the private and confidential matters of co-workers. Protects the proprietary information of ITEX.
        • Follows rules, regulations and policies. Positively contributes to implementing changes.
        • Communicates courteously and effectively with others. Sets clear expectations.
        • Reinforces the importance of our core values within the work group and the company by acknowledging behaviors that demonstrate Honesty/Integrity, Respect, and Accountability.
        • Deals with issues directly, in a respectful and timely manner. Uses an approach that focuses on resolving issues while maintaining the dignity of the other party. Requirements
          • 7 years' experience in property management required.
          • Demonstrated experience at leading teams.
          • Ability to work with cross functional groups.
          • Proficiency with YARDI and Rent Caf-- property management software preferred. Education: B.A. In Finance, Business, or Related Subject Preferred EOE M/F/D/V

Keywords: HOUSTON APARTMENT FOUNDATION, Houston , Director of Compliance, Executive , Houston, Texas

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