Compliance Director
Job Description
Job Description
COMPLIANCE DIRECTOR
Our client is currently seeking a Compliance Director who will lead the organization’s compliance program to ensure adherence to legal, regulatory, and internal policies. The Compliance Director acts as the guardian of regulatory adherence, safeguarding the integrity of affordable housing programs which involves developing strategies to mitigate compliance risks, monitoring regulatory changes, and fostering a culture of ethical behavior. The VP will work closely with senior management and various departments to proactively address compliance issues across all operations.
WHAT YOU'LL DO
- Compliance Program Development: Design and manage comprehensive compliance strategies to ensure adherence to laws, regulations, and internal policies.
- Risk Management: Identify and mitigate potential compliance risks across the organization.
- Regulatory Monitoring: Stay updated with regulatory changes to ensure compliance with all relevant laws and industry standards.
- Leadership and Collaboration: Work with senior management, legal teams, and department heads to foster a culture of compliance and ethical behavior.
- Training and Education: Lead training initiatives to educate employees on policies, procedures, and regulatory requirements.
- Audits and Investigations: Oversee internal audits and investigations into compliance breaches and take corrective actions as necessary.
- Reporting and Documentation: Prepare and present compliance reports to senior management and regulatory bodies, ensuring transparency.
- Continuous Improvement: Continuously assess and refine compliance processes to ensure alignment with business goals.
WHY YOU MATTER
- Deep understanding and enforcement of federal, state, and local affordable housing regulations (e.g., HUD, LIHTC, HOME).
- Develop and implement compliance policies and procedures.
- Conduct regular audits and reviews to ensure compliance.
- Manage and prepare for external audits from regulatory agencies.
- Provide training to property management staff on compliance requirements.
- Ensure staff understand and adhere to policies and procedures.
- Identify and assess compliance risks.
- Develop and implement risk mitigation strategies.
- Ensure that income verifications and resident certifications are done correctly.
- Manage programs like Section 8 and other programs that provide housing assistance.
WHAT IT TAKES
- 5-10 years in compliance, risk management, or regulatory affairs, with a strong understanding of industry regulations.
- Certifications - HCCP, ACE, CPO, NAHP, NSPIRE, C3P, LITCH
- Proven ability to lead cross-functional teams, consult senior management, and drive compliance initiatives.
- Strong written and verbal communication skills, with the ability to present complex compliance matters to diverse audiences.
- Strong attention to detail and the ability to manage multiple priorities effectively.
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