Compliance Officer

Job Description

Job Description

Position Description : Position Summary

The Compliance Officer is responsible for ensuring Bonner Carringtons affordable housing portfolio operates in full compliance with federal, state, and local regulations, as well as company policies. This role provides specialized expertise in Low-Income Housing Tax Credit (LIHTC), HUD programs, and other affordable housing requirements. The Compliance Officer works closely with onsite teams, regional leaders, and state agencies to oversee compliance reporting, conduct file audits, and provide training and guidance. Reporting directly to the President of Compliance, this position plays a key role in protecting the companys assets, minimizing risk, and supporting long-term operational excellence.

Key Responsibilities :

Compliance Oversight

\tMonitor compliance for a portfolio of properties governed by LIHTC, HUD, HOME, and other affordable housing programs.

\tEnsure accurate completion and timely submission of required compliance reports to state agencies and HUD.

\tReview resident applications, recertifications, and supporting documentation for program eligibility.

\tPerform ongoing file audits and site reviews to confirm adherence to program rules and regulations.

Training & Support

\tProvide training to onsite teams on compliance requirements, lease-up procedures, recertifications, and reporting.

\tServe as the subject matter expert for compliance-related questions, offering clear guidance to Property Managers and Regional Managers.

\tDevelop tools, checklists, and resources to support compliance accuracy at the site level.Agency Relations & Reporting

\tAct as the primary liaison with state housing finance agencies, HUD representatives, and other regulatory partners.

\tRespond to agency inquiries, monitoring reports, and compliance findings in a timely, professional manner.

\tEnsure all regulatory deadlines are tracked and met, mitigating risk of penalties or noncompliance.

Risk Management & Continuous Improvement

\tIdentify compliance risks and develop corrective action plans in partnership with the President of Compliance.

\tStay current on affordable housing regulations, industry changes, and state agency updates.

\tParticipate in policy development and recommend process improvements to enhance compliance controls.

Qualifications

\t35 years of compliance experience in the affordable housing industry required.

\tIn-depth knowledge of LIHTC, HUD programs, and affordable housing regulations.

\tFamiliarity with state housing finance agencies and their compliance processes.

\tStrong analytical and organizational skills with attention to detail.

\tExcellent written and verbal communication skills, with the ability to interpret and explain complex regulations.

\tProficiency with Microsoft Office and compliance software (Yardi, OneSite, or similar systems preferred).

\tCertified Occupancy Specialist (COS), Housing Credit Certified Professional (HCCP), or similar designation strongly preferred.

Core Competencies

\tRegulatory Expertise : Deep understanding of LIHTC, HUD, and state compliance requirements.

\tAccuracy & Detail Orientation : Ensures precise and timely compliance reporting.

\tCommunication : Provides clear guidance and training to staff at all levels.

\tProblem Solving : Anticipates compliance risks and develops corrective strategies.

\tProfessionalism : Represents Bonner Carrington effectively with state agencies and regulatory partners.

Why Bonner Carrington?

At Bonner Carrington, we believe that compliance is the foundation of sustainable communities. As a Compliance Officer, youll directly support our mission of delivering quality affordable housing while protecting the integrity of our programs and partnerships. Youll work alongside dedicated professionals, engage directly with regulators, and make a lasting impact by ensuring that our communities operate with excellence and integrity.

Additional Information : We Elevate Communities to Enhance Lives.At Bonner Carrington, we believe property management

is more than maintaining buildings. It is about creating

vibrant, welcoming homes where residents feel safe,

valued, and deeply connected. We understand that

seamless operations are the cornerstone of a thriving

community, and this is why we dedicate ourselves

to providing comprehensive operational support that

empowers onsite teams to focus on what truly matters :

delivering exceptional service and creating spaces that

feel like home.

We are passionate about the opportunity to

collaborate with you, building communities that

elevate lives and foster connection. Together,

we can create something extraordinary.

The Bonner Carrington Team