VP Director of Program Compliance (CPC Climate Capital)

Job Description

Job Description

About Us :

The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships.

A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.

Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond.

CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals : Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy.

As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives.

We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.

About CPC Climate Capital :

CPC Climate Capital is a new subsidiary of The Community Preservation Corporation and will be a subrecipient of Climate United Fund, the recipient of a $6.

97 billion grant from the National Clean Investment Fund established by the federal government as part of the Inflation Reduction Act (IRA).

CPC Climate Capital will use its subaward of approximately $2.4 billion to decarbonize multifamily housing by making subordinate debt financing available to owners of multifamily housing nationally.

These investments will reduce or eliminate on-site fossil fuels, thereby reducing greenhouse gas emissions. Our climate goals will be simultaneously delivered against other critical national priorities, including the creation and preservation of affordable housing, promoting equity and environmental justice, and supporting high-quality jobs.

For more information, please visit us at CPCClimateCapital.com

Role Summary :

CPC Climate Capital is seeking a full-time Director of Program Compliance to lead the development, execution, and oversight of a comprehensive compliance program for our federal grant initiatives.

Reporting to the SVP, Head of Operations and Finance, the Director of Program Compliance will play a pivotal role in developing and ensuring adherence to programmatic requirements and statutory obligations, thereby safeguarding the integrity of our grant-funded projects.

What You’ll do :

• Responsible for implementing a compliance framework to address programmatic and statutory program requirements, including procurement, cost-accounting, and reporting in conjunction with a 3rd party Program Management Consulting Firm.
• Manage the relationship with a 3rd party Program Management Consulting firm, providing guidance, and support to ensure effective program implementation, developing management protocol, key deliverables, and KPIs.
• Collaborate closely with cross-functional teams, including finance, risk management, and legal, to integrate compliance measures into program management processes.
• Liase with Climate United’s Director of Program Compliance, fostering productive relationships and facilitating effective communication on compliance matters.
• Conduct regular reviews and assessments of program compliance controls, identifying areas for enhancement and improvement.
• Stay abreast of changes in federal regulations and grant requirements, and proactively adapt compliance strategies as needed.
• Cultivate a culture of compliance and ethics within the organization, promoting awareness and understanding of compliance obligations among staff members.

Skills and Experience :

• 8-10+ years of experience in program compliance or federal grant management, preferably in a nonprofit or government setting.
• Thorough understanding of relevant federal regulations governing grant-funded programs, including 2 CFR Part 200,
• Experience with government fund programs including Davis-Bacon, Build America Buy America, and OMB circulars strongly preferred
• Demonstrated experience in designing and implementing compliance programs in complex organizational environments.
• Experience with managing and developing high-performing internal teams and oversight of external consultants
• Excellent communication and interpersonal abilities, with the capacity to engage and influence stakeholders at all levels.
• Strategic thinker with the ability to align compliance initiatives with organizational objectives and mission.
• Bachelor's degree in a relevant field; advanced certification or degree preferred.
• Passionate about the mission and work of CPC, Climate United, and committed to justice, equity, diversity, and inclusion.
• Willingness to travel up to 25%, primarily within the US, and ability to work from the New York City Metro area or be willing to come into the office quarterly for team collaboration.

What We Offer :

• Competitive compensation
• 401(k) retirement plans with employer match
• Medical, dental, and vision benefits for employees and their dependents
• Commuter benefits
• PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
• Tuition assistance program
• Two work from anywhere weeks per year
• Summer Fridays
• Collaborative working spaces
• Service days to support our communities
• Employee development and engagement events
• More about our offerings and culture here

This is a hybrid role that can be based in either NYC and would work out of our Manhattan office 2 - 3 days a week or remote in Washington DC and will need to periodically travel to our Manhattan office.

The salary range is $175,000 - $200,000, dependent on experience.

The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.