Affordable Compliance Manager

Company Overview

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed’. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.

Affordable Compliance Manager

The Affordable Compliance Manager is responsible for overseeing affordable housing compliance across an assigned portfolio, ensuring adherence to federal, state, and agency regulations while supporting operational teams, clients, and compliance staff. This position serves as a subject matter expert, providing guidance on regulatory requirements, preparing for agency audits, mentoring team members, and driving consistent compliance processes that minimize risk and support operational excellence.

Essential Duties & Responsibilities

Compliance Management

• Ensure compliance with all applicable affordable housing programs, agency regulations, and company policies.
• Remain current on changes to affordable housing programs, agency requirements, policies, manuals, and regulatory guidance.
• Share regulatory updates and best practices with the Compliance Department.
• Ensure quarterly and annual reporting is completed accurately and submitted within established deadlines.
• Maintain current SharePoint workbooks, compliance trackers, and other department resources.
• Perform peer reviews of manager certifications and Assistant Property Manager certifications as required.
• Serve as an additional point of contact for Compliance Managers by providing guidance and technical expertise on compliance matters.

Audit & Regulatory Oversight

• Ensure all pre-onsite documentation for agency file audits is prepared and submitted on time.
• Provide guidance and support to Compliance staff in preparing for agency audits and onsite reviews.
• Assist with property visits in preparation for agency inspections and reviews.
• Support the completion of corrective action responses following agency audits.
• Report significant audit findings or compliance deficiencies to the Vice President of Compliance.
• Assist Operations and Compliance teams in resolving complex compliance issues.

Client & Operational Support

• Communicate effectively with Compliance staff, Regional Management, syndicators, and clients.
• Respond to inquiries from Regional Managers and syndicators in a timely manner.
• Maintain regular communication with the Vice President of Compliance regarding compliance concerns and operational issues.
• Conduct periodic meetings with Compliance staff and leadership.
• Build collaborative working relationships across departments while providing timely guidance on compliance questions and concerns.
• Participate in client strategy discussions to support ongoing regulatory compliance.
• Develop strong working relationships with clients, operational leaders, and corporate partners.

Leadership & Team Development

• Mentor and support Compliance Managers and other compliance professionals.
• Identify training opportunities and coordinate with the Compliance Trainer to address development needs.
• Attend required compliance training and pursue additional education to expand affordable housing expertise.
• Share knowledge, best practices, and advanced training with members of the Compliance team.
• Leverage team strengths to improve overall portfolio performance.
• Foster collaboration across portfolios and contribute to department-wide initiatives.
• Provide valuable feedback to improve departmental processes and effectiveness.
• Fill in for other Compliance Managers as needed.
• Maintain an up-to-date Outlook calendar reflecting work schedules and availability.

Problem Solving & Decision Making

• Work closely with the Vice President of Compliance to develop action plans for non-compliant properties.
• Anticipate potential compliance risks and proactively communicate concerns.
• Recommend solutions based on industry regulations, agency requirements, and best practices.
• Resolve complex compliance issues independently and effectively in high-pressure situations.
• Provide coaching and guidance to less experienced Compliance Managers on problem-solving techniques.

Education & Experience

• Bachelor's degree or equivalent combination of education and experience preferred.
• Significant experience in affordable housing compliance, property management, or a related field.
• Thorough knowledge of affordable housing programs, regulations, and agency requirements.
• Advanced understanding of affordable housing compliance programs and regulations.
• Strong verbal and written communication skills.
• Excellent organizational and time management skills.
• Ability to prioritize multiple projects and meet strict deadlines.
• Strong analytical and problem-solving abilities.
• Ability to build collaborative relationships across departments and with external stakeholders.
• Proficiency with property management software and Microsoft Office applications.
• Ability to work independently while providing leadership and guidance to others.
• Ability to work in a standard office environment with extended periods of sitting and computer use.
• Occasional travel to properties, client meetings, and training events may be required.

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice. This is a safety-sensitive position and may be subject to additional compliance requirements.