At a Glance
- Tasks: Conduct audits and ensure compliance in affordable housing across the country.
- Company: Purpose-driven real estate firm focused on building affordable communities.
- Benefits: Generous medical insurance, 401(k) match, paid holidays, and flexible spending accounts.
- Other info: Join a diverse team dedicated to innovation and community service.
- Why this job: Make a real impact in affordable housing while travelling nationwide.
- Qualifications: 2-3 years in housing compliance and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country.
Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns and manages a portfolio of more than 30,000 apartments, including pipeline, across 28 states.
As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform to deliver high-quality affordable housing that serves our residents at scale.
At Fairstead, we believe affordable housing should be thoughtfully designed, professionally managed, and responsibly operated.
We seek to create and preserve housing that serves residents while delivering long-term value to communities, partners, and stakeholders.
Fairstead challenges industry norms through our tech-forward, entrepreneurial approach to affordable housing.
In addition to core real estate capabilities, we operate innovative service lines designed to improve resident outcomes, strengthen communities, and drive operational efficiency.
We embrace digital transformation, data-driven decision-making, and emerging technologies, including AI, to build scalable systems that support sustainable growth, grounded in a culture of entrepreneurship, innovation, partnership, dedication, and integrity.
The Compliance Quality Assurance and Auditing Specialist plays a crucial role in ensuring the ongoing compliance of our affordable housing portfolio with all applicable federal, state, and local regulations.
This position will conduct regular audits and reviews to identify and mitigate compliance risks, ensure accurate and timely reporting, and support the organization in maintaining the highest standards of ethical and operational integrity.
Responsibilities
- Perform regular audits of property files, including resident files, lease agreements, income verifications, and other relevant documentation.
- Conduct on-site inspections of properties to assess compliance with physical and operational standards.
- Review and analyze financial records, including rent rolls, budgets, and financial statements.
- Monitor compliance with HUD regulations, LIHTC requirements, and other applicable laws and regulations.
- Identify And Mitigate Compliance Risks
- Identify and assess potential compliance risks and develop and implement corrective action plans.
- Monitor and track compliance issues and ensure timely resolution.
- Advise property management staff on compliance matters and provide guidance on best practices.
- Prepare And Maintain Compliance Documentation
- Maintain accurate and up-to-date records of all audits, inspections, and compliance reviews.
- Prepare reports summarizing audit findings and recommendations.
- Assist in the preparation of responses to regulatory inquiries and audits.
- Support Compliance Training
- Develop and conduct training programs for property management staff on compliance matters.
- Stay abreast of changes in regulations and industry best practices.
- Assist with the development and implementation of compliance policies and procedures.
- Participate in special projects as needed.
- Travel
- Travel approximately 85% of the time nationwide to properties across Fairstead’s portfolio to conduct on-site compliance reviews, inspections, and investigations.
Benefits
- Generous employer contribution for Medical Insurance through Meritain Health.
- Employer Paid Vision Plans.
- Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
- 12+ paid Holidays.
- 20 days of PTO.
- 7 Sick days.
- Employer Paid Life Insurance.
- Flexible Spending Account.
- Nationwide Pet Insurance.
- Disability Insurance.
- Laser Correction Discount.
- Employee Discounts on appliances, apparel, and more.
- Other Duties as Assigned
- Generous employer contribution for Medical Insurance through Meritain Health.
- Employer Paid Vision Plans.
- Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
- 12+ paid Holidays.
- 20 days of PTO.
- 7 Sick days.
- Employer Paid Life Insurance.
- Flexible Spending Account.
- Nationwide Pet Insurance.
- Disability Insurance.
- Laser Correction Discount.
- Employee Discounts on appliances, apparel, and more.
Qualifications
- Minimum of 2-3 years of experience in affordable housing compliance or a related field.
- Strong understanding of HUD regulations, LIHTC requirements, and other applicable laws and regulations.
- Experience with data analysis, report writing, and record keeping.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong attention to detail and accuracy.
- Excellent written and verbal communication and interpersonal skills.
- Proficiency in Microsoft Office Suite and property management software (e. g., Yardi, MRI).
- Ability to work independently and as part of a team.
- Ability and willingness to travel nationwide approximately 85% of the time for on‑site reviews and investigations.
Exact compensation may vary based on skills, experience, and location.
Exact compensation may vary based based on skills, experience, and location.
Salary Range
Diversity in backgrounds and experiences is key to Fairstead’s success.
Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve.
Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.
For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://fairstead. com/privacy-policy/
#J-18808-Ljbffr
Compliance Quality Assurance and Auditing employer: Fairstead
Fairstead is an exceptional employer that prioritises purpose-driven work in the affordable housing sector, offering a dynamic and innovative work culture. With generous benefits including comprehensive medical insurance, a robust 401(k) plan, and ample paid time off, employees are supported in both their professional and personal lives. The company fosters growth through continuous training and development opportunities, making it an ideal place for those looking to make a meaningful impact while advancing their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Quality Assurance and Auditing
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Fairstead looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Quality Assurance and Auditing
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Fairstead. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Fairstead
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Fairstead’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
