Director of Regulatory Affairs

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Position Overview:

Solari Enterprises, Inc. is currently seeking a qualified candidate for the position of Director, Regulatory Affairs. The Director, Regulatory Affairs will play a pivotal role in overseeing the department, shaping policy development, and coordinating all aspects of compliance for the communities we manage. The successful candidate will be tasked with planning, organizing, directing and controlling departmental activities to optimize effectiveness. This position offers the ability to contribute to the strategic management of regulatory affairs within our organization. The position reports to the President.

Who We Are:

Solari Enterprises, Inc. is a full-service property management organization specializing in multifamily affordable housing. Our portfolio includes multifamily housing for families, seniors, special needs, single room occupancy, mixed use as well as business parks, and commercial properties.

Duties and Responsibilities:

· Provides direction to the Regulatory Affairs Department.

· Oversees all aspects of the Regulatory Affairs Department to ensure compliance, efficiency, quality and service.

· Ensure all HUD Section 8 reports and requirements are completed timely and accurately, including but not limited to TRACS, EIV, APPS, contract renewals, rent Increases, utility allowance analysis, annual recertification’s, file reviews, preparation of MORs, etc.

· Ensure all Tax Credit reports and requirements are completed timely and accurately, including but not limited to the approval of initial move-ins, quarterly reports, lease-up reports, annual reports to the monitoring agencies, rent increases, utility allowance adjustments, annual recertification’s, file reviews, preparation of site inspections by monitoring agencies, etc.

· Ensures the Regulatory Affairs Department’s commitments and performance goals are upheld. Maintain a focus on accountability for the consistent and timely reporting of regulatory compliance.

· Inspect the communities on a frequent basis to determine the efficiency and effectiveness of personnel. Ensure all resident files are being maintained as required by the regulatory agencies. Confirm proper procedures are being followed and maintained to the Solari Enterprises, Inc. standard at all times.

· Oversee the policies and procedures for the Regulatory Affairs Department. Oversight includes providing comments for the Field Operations Manual & forms as related to regulatory affairs.

· Maintain relationships with key clients, industry and trade associations, representatives of government, public service organizations, and vendors are necessary in the overall management of the company. Engage in other outside activities consistent with the company’s responsibilities to the community and the industry.

· Mentor Team Members directly and via the use of direct reports.

· Participate in the planning and implementation of trainings for all Team Members.

· Work with Yardi Systems in maintaining the community’s data in general, as well as maintain the software as it relates to the Regulatory Affairs department.

· Enhance and maximize the value of the owner’s investment in buildings.

· Participates in the hiring, evaluation, disciplining and terminating of department Team Members. Oversees the implementation of Human Resources practices and policies for the department.

· As a member of the senior management team work to promote the overall growth and development of Solari Enterprises, Inc.

· Responsible for identifying, evaluating, analyzing and recommending solutions to specific business issues, strategies and practices.

· Oversees, participates, and performs all other duties as assigned.

Required Qualifications:

• Minimum of 5-7 consecutive years of experience in a leadership position, within affordable housing.
• Compliance / Regulatory experience in the affordable housing industry
• Exceptional knowledge of the LIHTC program, Project and Resident based Section 8 programs, Bond programs, Rural Development, and Fair Housing.
• Strong supervisory and leadership skills.
• Exceptional communication and interpersonal skills
• Must demonstrate integrity, attention to detail skills and organizational skills
• Proficient with Yardi Systems.
• Possess or working towards professional certifications / designations.
• Skills in finance and budget management
• Must be able to travel
• Must be computer literature
• Valid California driver’s license
• Proof of auto insurance
• Reliable transportation
• Experience with the Microsoft Office suite (Excel, Outlook, etc.)

The Director, Regulatory Affairs is to possess the following certifications / designations or attain such within six months of hire:

• CPO Certification
• SHCM Designation
• RAM Certification or similar certification
• FHC (Fair Housing Coordinator) Certification

Compensation:

• $110,000 Annually
• Holiday, Sick, and Vacation
• Medical, dental, vision, and life
• Matching 401k

EOE