Compliance Quality Assurance Analyst Date Posted: Oct 3, 2024 Requisition ID: 450655 Location: Indianapolis, IN, US, 46204 Work for Indiana Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a diverse range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana. At the State of Indiana, we don’t just talk about diversity and inclusion—we make it our goal to create a welcoming, accessible, and equitable workplace with a workforce that is representative of Indiana's population. As a proud equal opportunity employer, reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. About the Indiana Housing and Community Development Authority (IHCDA): The Indiana Housing and Community Development Authority (IHCDA) is a quasi-agency of the State of Indiana and is committed to serving the entire spectrum of housing, from homelessness to homeownership. Our charge is to provide housing opportunities, promote self-sufficiency, and strengthen communities, in order to build an Indiana with a sustainable quality of life for all Hoosiers in the community of their choice. To learn more about IHCDA visit us at: www.in.gov/ihcda. Role Overview: The Real Estate Compliance Quality Assurance Analyst contributes to fulfilling IHCDA’s mission and strategic operational and program goals by providing quality assurance for the Real Estate Compliance related to initial closeout monitoring, ongoing rental compliance, and physical inspections. Programs include, but are not limited to, the HOME Investment Partnership Act (HOME), IHCDA’s Affordable Housing and Community Development Fund (DF, formerly TF), National Housing Trust Fund (HTF), and the Low-Income Housing Tax Credit (LIHTC). Salary Statement: The salary for this position traditionally starts at $47,320.00 but may be commensurate with education or work experience. A Day in the Life: Conduct Quality Assurance of Ongoing Compliance Monitoring, Close Out Monitoring, and Physical Inspection processes for RHTC, HOME, HOME-ARP, CDBG, HTF, NSP, and Development Fund awards: + Develop process and Standard Operating Procedure for quality control audits, including determining appropriate sample size. + Conduct quality control audits of Annual Owner Certification reviews completed by ongoing compliance auditors to ensure compliance with IRS and HUD regulations and IHCDA policies and procedures, as well as to ensure consistency between IHCDA compliance auditors. + Conduct quality control audits of ongoing rental file monitorings completed by ongoing compliance auditors for all relevant programs to ensure compliance with IRS and HUD Regulations and IHCDA Policies and Procedures, as well as to ensure consistency between IHCDA compliance auditors. + Conduct quality control audits of closeout monitorings for HOME Homebuyer, HOME Rental, NHTF, CDBG, and NSP completed by IHCDA’s closeout compliance auditors to ensure compliance with HUD regulations and IHCDA policies and procedures, as well as to ensure consistency between IHCDA compliance auditors. + Monitor list of all audits and inspections needed annually to ensure auditors/inspectors are timely completing required reviews and to ensure documentation exists to prove such reviews were completed and, if applicable, issues resolved. + Based on findings of quality control audits, create and deliver necessary trainings for staff and partners to ensure accurate and consistent compliance reviews. Compliance Functions: + Annually, ensure rent and income limits are updated and released via RED notice for LIHTC and Federal programs within 15 days of HUD publication date. + Oversee submission of 1602 annual report to Treasury to ensure inspections and audits are completed timely + Conduct review of all Utility Allowance approval requests submitted to IHCDA + Complete reviews of all Extended Use Policy Approval requests submitted to IHCDA and draft Extended Use Agreement modifications for signature by CREDO + Process all Modification Requests for projects in their compliance/affordability periods and ensure internal process is followed for signatures and approval + Complete all 8823 submissions for non-compliance. Confirm with auditor or inspector 8823 is warranted. Generate 8823s in DMS. Prepare for submission to IRS. What You'll Need for Success: + Demonstrates effective verbal and written communication skills. + Demonstrates customer service orientation. + Demonstrates a commitment to problem solving and a focus on bsolutions-orientedented. + Able to think logically and analytically. + Able to research and comprehend complex regulations and then put that information into practice through policy and procedures. + Proactive in anticipating and alerting others to problems with projects or processes. + High detail orientation and accuracy. + Takes initiative and needs little supervision. + Performs responsibilities efficiently and timely. Able to juggle multiple requests and meet multiple deadlines. Able to prioritize, organize tasks and time, and follow up. + Able to work well in a team environment and as part of a team. + Proficient in basic computer skills, i.e. Microsoft Word, Excel, and internet usage (e-mail). + Proficient in basic mathematics. + Bachelor’s degree required. Preferred in finance, business, public administration, planning, real estate development, or social work. + Preferred 3-5 years of relevant job experience in the field of affordable housing, real estate development, real estate finance, multifamily property management, or compliance, community development, or other experience related to dealing with issues of homelessness. + Certification in LIHTC and HOME compliance, or ability to obtain certifications within first year in position. Supervisory Responsibilities/Direct Reports: This role may be utilized in a supervisory capacity based on agency needs. Benefits of Employment with the State of Indiana: The State of Indiana offers a comprehensive benefit package for full-time employees which includes: + Three (3) medical plan options (including RX coverage) as well as vision and dental plans + Wellness Rewards Program: Complete wellness activities to earn gift card rewards + Health savings account, which includes bi-weekly state contribution + Flexible work scheduling options, including the potential for hybrid remote work for employees whose work may be performed outside state facilities + Deferred compensation 457B account (similar to 401k plan) with employer match + Two (2) fully-funded pension plan options + A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to: + 150 hours of paid new parent leave + Up to 15 hours of paid community service leave + Combined 180 hours of paid vacation, personal, and sick leave time off + 12 paid holidays, 14 on election years + Education Reimbursement Program + Group life insurance + Referral Bonus program + Employee assistance program that allows for covered behavioral health visits + Qualified employer for the Public Service Loan Forgiveness Program + Free Parking for most positions + Free LinkedIn Learning access Equal Employment Opportunity: The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Our policy is to provide equal employment opportunity to all people in all aspects of employer-employee relations without discrimination because of race, color, creed, religion, sex, national origin, ancestry, age, sexual orientation, gender identity, physical or mental disability, or veteran status. We will comply with the spirit as well as the letter of all applicable state and federal laws. If you are a qualified individual with a disability and require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at [email protected] . The State of Indiana has established a culture that welcomes equity, inclusion, and opportunity for all employees and applicants. We encourage you to apply if you feel you have the transferrable skills to be successful in this position and we look forward to reviewing your application. Current Employee? Click here (https://performancemanager8.successfactors.com/sf/careers/jobsearch?bplte\_company=indianaoff) to apply.