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Compliance Specialist

New York, NY

Compliance Specialist

Location: On-site | Manhattan/Bronx

Reports to: Senior Compliance Manager

Portfolio: Corporate – Central Office

Salary: The US base salary range for this full-time position is $70,000 – $75,000 plus discretionary bonus

POSITION SUMMARY

The Compliance Specialist supports day-to-day affordable housing compliance for an assigned property or properties, handling the processing of recertifications, applications, and file documentation under the guidance of the Compliance Manager.

KEY RESPONSIBILITIES

File Processing

  • Process new applications from move-in through initial certification
  • Prepare tenant annual recertification and interim certification files for review
  • Calculate household income and assets under Compliance Manager guidance, applying proper allowances and deductions
  • Maintain organized, audit-ready resident compliance files

Reporting Support

  • Assist with monthly and quarterly EIV report preparation
  • Support preparation for MOR and LIHTC audits
  • Assist with administrative tasks related to rent increase submissions and income limit updates

Resident Support

  • Assist residents with recertification paperwork and questions
  • Escalate complex cases or resident concerns to the Compliance Manager

QUALIFICATIONS & EXPERIENCE

  • High school diploma required; Bachelor's degree a plus
  • 1-2 years of affordable housing compliance or administrative experience preferred
  • Basic knowledge of Section 8, LIHTC, or Mitchell-Lama housing programs a plus
  • Strong attention to detail and organizational skills
  • Proficiency with Microsoft Office

CORE COMPETENCIES

  • File processing accuracy
  • Basic income/asset calculation
  • Organization and recordkeeping
  • Customer service
  • Willingness to learn regulatory requirements

SUPERVISORY RESPONSIBILITIES

No direct reports; this position does not carry supervisory responsibility.

PHYSICAL DEMANDS, WORK ENVIRONMENT & TRAVEL

Physical Demands: Requires extended periods of sitting and computer use; ability to lift and handle tenant files, up to 10 lbs.

Work Environment: Primarily office-based at the assigned property or portfolio office.

Travel: Minimal; occasional travel between properties within the assigned portfolio segment.

Perks & Benefits:  

We offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance.  

  • Medical, Dental, and Vision coverage Access to multiple medical plan options through our benefits partner, including PPO and HMO plans, allowing employees to choose coverage that best fits their needs.  
  • Flexible Spending Accounts (FSA) Pre-tax accounts available for eligible healthcare and dependent care expenses.  
  • 401(k) Retirement Plan Opportunity to contribute to a tax-advantaged retirement plan to support long-term financial planning.  
  • Paid Time Off & Holidays Competitive PTO program, including paid holidays, vacation, and sick time.  
  • Commuter Benefits Pre-tax commuter benefits available for transit and parking expenses.  
  • Professional Growth & Development Exposure to complex, high-impact work within affordable housing, with opportunities to grow leadership skills and deepen regulatory and operational expertise.  
  • Mission-Driven Work The opportunity to make a meaningful impact by supporting affordable housing communities across New York City.  

Benefits offerings and employee contributions may vary by plan and are subject to change  

For individuals hired to work in New York, Asset Living is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to the State of New York and includes the range of factors considered in making compensation decisions including but not limited to skill sets; experience and training; certifications; etc. We would not anticipate that the individual hired into this role would be near the top end of the compensation range, but that decision will be dependent on the facts associated with each specific individual’s relevant experience for the role.  A reasonable estimate of the range is below.

New York Pay Range

$70,000 - $75,000 USD

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