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Asset manager – compliance

Skid Row Housing Trust

This is a Full-time position in Los Angeles, CA posted December 12, 2019.

OVERVIEWSkid Row Housing Trust is a full spectrum, influential and innovative organization that has been serving the chronically homeless in Los Angeles for 30 years. We are one of a few industry leaders in the nation that prioritizes a multi-layered solution that includes 26 properties, approximately 1800 residents and just fewer than 200 employees.

In addition, our dedication to healthy environments and communities, some of our properties are national award winners. In the pursuit of continued excellence, we currently oversee 14 real estate development projects scheduled for completion in the next three (3) years. A secondary competency and priority is offering empathetic, professional property management services and residential support services. Every night, we proudly house our residents in a safe and community centric building. By providing this integrated approach, Skid Row Housing Trust provides a comprehensive support system to assess the root causes of homelessness and provide an infrastructure that facilitates long-term housing retention rates. We also take our experiences, years of outcome driven data and lessons learned to influence policy and processes to advocate for those that need it the most. This combination of beautifully designed, high quality housing with social service provisions has made our residents, employees and partners an effective combination in maintaining a national leadership position in providing solutions and ending chronic homelessness. Our mission is to provide permanent supportive housing so people who have experienced homelessness, prolonged poverty and poor health have the support to lead safe, stable lives. We do this through best in class staff, dedicated volunteers and partnerships that believe in everyone’s potential and ability to feel successful defined in their own terms. POSITION SUMMARYThe Asset Manager-Compliance works as part of team to ensure that all properties comply with the occupancy regulations and requirements established by the Department of Housing and Urban Development (HUD), the Tax Credit Allocation Committee (TCAC), and other regulatory agencies. This position reports to the Director of Asset Management and works closely with the Asset Management staff and Property Management staff. This position serves as the primary contact for regulatory agencies regarding compliance issues. Specific duties and responsibilities include, but are not limited to, the following: ESSENTIAL FUNCTIONSServe as the asset management contact person for regulatory compliance issues for allproperties in the Trust’s portfolio;Review documents related to compliance reporting to limited partners, funders and other agencies and use judgment, experience and professional skills to identify documents necessary for reporting requirements and asset management recordkeeping;Work on the implementation of annual rental increases in the Trust’s portfolio; Coordinate with property management to conduct quarterly asset management compliance training for property management staff, and evaluate the effectiveness of the training and make recommendations on structuring future seminars, as necessary;Maintenance of the compliance data base rent roll functions.Assist in preparations of reports to auditing agencies.Maintain files and internal spreadsheets for asset management department.Update and maintain highly organized paper and computer filing systems.Assist in preparations of subsidy applications and other property requirements, including annual budgets.Assist Director of Asset Management in supervision of Expansion partner program and all Section8 programs, including CoC, ModRehab, RAD, PBV, etc;.Complete and/or supervise the completion of all quarterly and annual reports to investors and housing programs on time; andOther duties as assigned by the Director of Asset Management.SECONDARY DUTIESCarries out oversight responsibilities in accordance with the organization’s policies and procedures and all applicable laws. Responsibilities include with Property Management to train site staff on current compliance requirements; planning, assigning and reviewing the work submitted to our funders and partners; and addressing complaints and resolving problems.Works with Property Management Company to ensure:Timely submittal of the compliance reports and timely data entry into database;Effective and efficient management of the annual occupancy reporting processes to funders; andAccurate completion of documentation for compliance reporting.QUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the knowledge, skills and/or abilities required.Education and ExperienceBachelor’s degree in Business, Finance or field of study equivalent preferred;Minimum of three (3) years’ work experience in occupancy reporting in affordable housing,preferably with tax credit projects required; andKnowledge of HUD, TCAC and other affordable housing programs.Deadline and detail-oriented.Strong attention to detail.Experience with databases and Microsoft Office programs a must.Language and Communication SkillsAbove average interpersonal, verbal and written communication skills;A proven ability to interact well with all levels in an organization and to work as a productive team member;An ability to compose correspondence and basic reports, knowledge of proper English, grammar and punctuation and the ability to edit documents is required with knowledge of a variety of written styles and formats;Able to communicate effectively with people from diverse cultures and backgrounds;Ability to read/interpret regulatory requirements; andBilingual English/Spanish a plus.Mathematical SkillsAbility to prepare, review, comprehend, analyze and monitor financial reports; andAbility to calculate figures and amounts such as monthly/annual income, rental increase, etc.Reasoning and Critical Thinking SkillsEffectively manage and solve problems; andEffectively handle sensitive situations with complex variables where only limited information exists.Computer SkillsExcellent computer skills, including Microsoft Office applications such as Outlook, Word and Excel as well as project data systems software such as Yardi. Other Skills and AbilitiesAbility to take direction and accept constructive criticism from the Director of AssetManagement;Ability to maintain confidentiality;Flexible and adaptable to work plan changes and organizational changes;Ability to prioritize a heavy workload and handle simultaneous tasks; organized and self motivated, paying close attention to detail;Ability to work in a collaborative manner as a member of a team, and demonstrate at all times cooperative behavior with colleagues and supervisors.

Relate professionally and maintain positive relationships with colleagues and co-workers;Relate professionally and maintain positive relationships with owners, regulatory agencies, the community, other professionals, vendors, residents and co-workers;Maintain a professional personal appearance at all times;Ability to understand and follow posted work rules and procedures; andAbility to perform simple and repetitive tasks as well as complex and variable tasks.Certificates, Licenses, RegistrationsProof of ability to work in the United States; andMust have and maintain a valid California driver’s license and auto insurance at all times and have the availability of an insured vehicle to travel within the organization’s service area.