Posted: 18-May-25
Location: New York, New York
Type: Full Time
Internal Number: R0155322
ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $320 billion of real estate in 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $79 billion of assets under management, including over $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
JOB DESCRIPTION SUMMARY
The Compliance Associate is responsible for the development, implementation, and administration of Greystarâ™s varied compliance and/or sustainability policies, practices, and programs. The scope of responsibilities may include reviewing Affordable Housing applications and ensuring the applications are eligible and compliant with applicable and current regulatory requirements. Additional duties may include: legal and regulatory governance and compliance, environmental compliance, conservation, and other related programs.JOB DESCRIPTION
KEY RESPONSIBILITIES:
Team Members in this role may do any combination of responsibilities listed below, performing specialized tasks necessary for a specific focus area:
- Conduct the review of Affordable Housing resident files for eligibility and compliance with all required laws.
- Review the files based on information presented by the applicants and ensure review of files within 24 hours of receiving.
- Adherence to all policies and procedures as outlined in the personnel manual.
- Monitoring changes in LIHTC regulations and requirements and implementing modifications as indicated.
- Participates in all tax credit reviews by outside entities.
Additional Responsibilities:
- Develop, implement sustainability/compliance programs, creating presentations as needed for the appropriate client and/or operational audiences.
- Conduct required testing for all elements of programs and provide supporting documentation of all results;
- Provide updates and recommendations on additions or modifications to advance initiatives, ensure compliance, efficiency and process improvement.
- Evaluate and implement solutions to manage and report out on key metrics; Provide regular reporting for operations teams and clients (as needed).
- Complete periodic audits as necessary; ensure tracking tools and processes are in place, and report compliance with all legal and regulatory requirements as needed or required.
- May respond to inquiries from clients and federal and state entities regarding procedures and produce written documentation as proof of compliance.
- Facilitate due diligence activities to mitigate any legal or regulatory risks; Develop and implement profiles for compliance related to government regulations.
- Establish, foster and maintain relationships with external vendors and other 3rd party organizations necessary to cultivate programs that will support legal/regulatory compliance, energy and resource consumption reduction, and/or advocate sustainability to communities.
- Participate in events (community, diversity, etc) on behalf of the organization and providing appropriate representation.
BASIC KNOWLEDGE & QUALIFICATIONS:
- Bachelorâ™s degree from an accredited college or university preferred in Business, Legal, and/or related fields but is not required.
- Housing Credit Certified Professional certification a plus. If not already certified, the requirement to attend HCCP training within the first 60 days of employment and include a passing score on the exam.
- Knowledge of the HUD program/ Affordable Housing process is a plus.
- Strong organizational skills and a detail-oriented approach.
- Strong computer literacy skills are essential to this position, including RealPage Onesite Tax Credit software.
- Good verbal and written communication skills
- Demonstrated proficiency in word processing, spreadsheet, investment, property management (Yardi or One Site), and database management programs in order to complete required reports.
- Demonstrated mathematical skills necessary to complete financial records, budgets, and other fiscal reporting information.
TRAVEL / PHYSICAL DEMANDS:
- Team members work in an office or remote work environment. No special physical demands are required.
- Rare or occasional travel may be required to attend business meetings, training programs, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.
#LI-SV1
The hourly range for this position $30.00 - $32.00
Additional Compensation:
Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.
Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.
Robust Benefits Offered*:
Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
Charitable giving program and benefits.
*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.
Greystar will consider for employment qualified applicants with arrest and conviction records.