michael cortez resume_2016

Resume of Michael Matthew Cortez 1

Michael Cortez 4110 Knowles Ave., Kensington, MD 20895

240-‐263-‐[email protected]

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WORK EXPERIENCE

SUPERVISORY ECONOMIST (ZP-‐0110-‐ IV-‐I) 12/3/2013 – Present BUREAU OF ECONOMIC ANALYSIS Salary: $104,558 USD Per Year Washington, D.C. United States Hours per Week: 40 Supervisor: Michael Armah (202-‐606-‐9721) Okay to contact this Supervisor: Yes

RESOURCEFUL ECONOMIST, INDEPENDENTLY IDENTIFIES AND RESOLVES complex program issues of Change-‐in-‐Private Inventories (CIPI), Foreign Transactions and Investment Prices estimates. These estimates contributes to the Fixed Private Investment component of Gross Domestic Product (GDP).

LEADS INTER-‐AGENCY COLLABORATION with BEA’s Balance of Payments division and the Census Bureau’s Foreign Trade division on seasonal adjustment, coordination of Interim PPI Price Transfers with the Bureau of Labor Statistics.

SERVES AS RESIDENT EXPERT/AUTHORITY/SUBJECT MATTER EXPERT on the Foreign Transactions and CIPI estimates. Served as project lead on the implementation of major program improvements to the foreign trade and CIPI estimates.

PROCESSES AND EVALUATES UPDATES to the Foreign Trade Estimate processing structure used for the deflation of trade in goods and services into chain dollar estimates from 1999 to present

ACHIEVEMENTS IN PROJECT DEVELOPMENT AND MANAGEMENT • Awarded the BEA Bronze Medal for Scientific / Engineering Achievement, the highest level of

performance at the agency level in both December 2014 and 2015• Successfully completed the 2014 Flexible Annual Revision Operation implementation of new

statistical guidelines outlined in the International Monetary Fund’s Balance of Payments andInternational Investment Position Manual 6th edition (BPM6).

• Developed an improved processing system for transferring International Transactions data totheir respective National Economic Account analysts, a cross-‐division collaboration which hassaved several processing hours per month.

• Managed the development of the BPM6 Reclassification Project, into the foreign transactionsestimate, which included updates to all foreign trade publication tables and the introduction ofnewly created foreign trade underlying tables, which present more detailed categories of theforeign trade estimate for publication.

mailto:[email protected]


ECONOMIST (ZP-‐0110-‐III-‐I) O1/04/2011 – Present BUREAU OF ECONOMIC ANALYSIS Salary: $104,558 USD Per Year Washington, D.C. United States Hours per Week: 40 Supervisor: Michael Armah (202-‐606-‐9721) Okay to contact this Supervisor: Yes

SENIOR ANALYST responsible for the Change in Private Inventories (CIPI) estimate, a major component of the fixed private investment component of GDP. Responsible for the production and presentation of annual and benchmark (5-‐year) comprehensive revisions to the CIPI estimate

PROVIDE STATISTICAL ANALYSIS AND COLLECTION to include extrapolation, interpolation, imputation and statistical modeling as a part of the CIPI estimate. Responsible for maintaining up-‐to-‐date documentation of CIPI and investment prices checklists and processing instructions

PERFORMED RESEARCH on seasonal adjustments of investment prices using appropriate X12-‐ARIMA modeling techniques.

PROVIDE TECHNICAL SUPPORT AND CONSULTATION on processing Computer, Software and Equipment prices, all Investment Branch troubleshooting issues related to processing programs or IT related issues

INDEPENDENTLY MONITORED QUALITY ASSURANCE AND ANALYTICAL REVIEW of all CIPI-‐related reports tables prior to publication in the Survey of Current Business

CONDUCTED BRIEFINGS on economic methods related to the Prices and CIPI Estimates and their relation to the NIPA methodology. I serve as subject matter expert – responding to all internal and external questions related to the CIPI and Prices estimate

PROVIDED DIRECTION AND TRAINING to Junior Analyst on all functions related to processing of CIPI and Sales prices estimates, such as updating all written checklists and instructions

DEADLINE DRIVEN to ensure the timely completion of estimates and review package materials

KEY ACCOMPLISHMENTS

Successfully completed the production of the 2013 Comprehensive Revision for the CIPI estimate. This accomplishment included incorporating source data revisions from 2002 to 2012 and the rebasing of real dollar CIPI components back to 1929. Completed the training of new CIPI Analyst in CIPI current estimate processing.

Presented two annual revision proposals, which have been approved and integrated into the CIPI estimate methodology.


ECONOMIC ANALYST O9/2007 – 12/2010 EL PASO WATER UTILITIES (EPWU) Salary: $60,000 USD Per Year El Paso, TX United States Hours per Week: 40 Supervisor: Marcela Navarrete, Vice-‐President, Strategic, Finance and Management Services (915-‐594-‐5614) Okay to contact this Supervisor: Yes

APPLIED STATISTICAL DATA COLLECTION to the management and updating of sewer rates based on a conservation-‐based rate structure; updated rates for wholesale customers through cost-‐of-‐service rate design, including continual review of local and state statutes, industry publications, and best practices to assure application of sound strategies as studies are developed.

PERFORMED INDUSTRY REVIEWS AND STATISTICAL TESTING on customer satisfaction survey data, compiling survey results and presenting findings to the Public Service Board.

PRODUCED ANNUAL BUDGET AND COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR) in collaboration with the Vice President of Strategic, Finance and Management Services

MANAGED UTILITY FINANCIAL PLAN, utilizing annual budget and long range planning, ensuring that the EPWU maintain a desirable debt service coverage with minimal risk to both taxpayers and EPWU.

DEVELOPED AN ELECTRICITY DEMAND MODEL based on utility-‐wide electricity usage data and existing electricity rate structure in order to conduct cost-‐benefit analysis used for electric rate structure contract negotiations.

CREATED A COST-‐BENEFIT MODEL used for implementing “smart-‐meter reading” technology throughout the EPWU water system.

RESEARCHED MUNICIPAL BOND AND COMMERCIAL PAPER MARKET developments related to EPWU’s cash position. Special studies included Impact fees implementation, annexation assessments, rate survey analysis and an extensive review of state and local statues and ongoing communication with economic analysts throughout the State of Texas.

PRESENTED FINDINGS TO TRADE ORGANIZATIONS and citizen advocacy groups on Stormwater Rate Structures and Stormwater 10-‐year capital improvements planning.

PROVIDED ECONOMIC AND FINANCIAL COMMENTARY on portfolio impact of fixed-‐income and securities markets, as well as quarterly reports based on economic concepts for the Public Service Board Finance Committee

ADDRESSED EXTERNAL QUESTIONS related to rate design, water consumption and long range water demand planning

LEAD IMPLEMENTATION OF IMPACT FEE BILLING SYSTEM for EPWU’s customer service division. This required managing a group of development engineers, data programmers, customer service staff and City of El Paso, Building Permit Office personnel in order to develop a payment method consistent with the building and permit process


PARTICIPATED IN STUDIES for major policy initiatives, including adoption of impact fee rules and regulations, and updating of Utility Water Conservation Plan.

TRAINED NEW ANALYSTS on updating utility’s financial plan and updating economic indicators published in the utility’s annual budget and CAFR

SENIOR RESEARCH COORDINATOR O7/2006 – 08/2007 ECONOMIC DEVELOPMENT DEPARTMENT Salary: $45,000 USD Per Year El Paso, TX United States Hours per Week: 40 Supervisor: Kathy Dodson, Ph.D (Retired)

RESEARCHED POLICY INITIATIVES outlined by City Council directives and Department initiatives for the City of El Paso, centered on the border between Ciudad Mexico and the New Mexico. Responsible for implementing a data collection program in order to provide assistance to the broader business community with detailed economic data on the El Paso region, including a manufacturing supplier database for the El Paso region. Conducted fiscal impact analysis for the purpose of offering tax abatement / incentive packages for various business expansion and relocation proposals.

COLLECTED DATA in the areas of International Trade and Business Barometers, Economic Forecasts and Workforce Development Publications

DEVELOPED DEEP UNDERSTANDING of input output related economic impact models, providing guidance on tax abatement proposals

CONDUCTED ECONOMIC IMPACT analysis using Implan (input / output) analysis

SERVED AS LEAD AUTHORITY on border-‐related economic statistics

PARTICIPATED IN FOCUS GROUPS for on-‐site-‐location studies for new manufacturing and business operations looking at relocating operations in the West Texas Region. This involved working with many economic development partners and coordinating efforts under tight deadlines.

PROVIDED LEADERSHIP AND GUIDANCE to research interns – assisting in technical projects for department

CONSTRUCTED pool of research contacts in the community to support research and data collection efforts in the areas of healthcare, education, transportation, tourism, construction, industrial and commercial vacancies.

LEAD FOCUS GROUP on supplier manufacturer’s roundtable, which ultimately lead to a new regional supplier database tool.


LECTURER 2005 – 2010 EL PASO COMMUNITY COLLEGE (EPCC) El Paso, TX United States Hours per Week: 10

INSTRUCTED MACROECONOMIC AND MICROECONOMIC COURSES for EPCC students

EDUCATION MASTER’S DEGREE, Economics w/Policy Analysis Option New Mexico State University Las Cruces, New Mexico – December 2004. GPA: 3.8/4.0

CO-‐AUTHOR, “Mexican and U.S. Integration: The Case of the Maquila Industry” with Department Head, College of Business Administration and Economics

BACHELOR’S DEGREE, Economics, New Mexico State University, Las Cruces, New Mexico – 2002

CONTINUING EDUCATION

SUPERVISORY DEVELOPMENT I: U.S. Office of Personnel Management, Center for Leadership Development – March 2014

CERTIFICATE IN FORECASTING: International Institute of Forecasters (IIF) Johns Hopkins University’s Applied Econometrics Program – in progress

NATIONAL ACCOUNTS TRAINING SERIES: National Income and Product Accounts (NIPA’s)

NATIONAL ASSOCIATION OF BUSINESS ECONOMISTS (NABE): Certificate in Economic Measurement – July 2011

COMMERCE LEARNING CENTER: Advanced Project Management

IMPLAN SOFTWARE TRAINING: Minneapolis, MN – 2007

PROFESSIONAL AFFILIATIONS

MEMBER, National Association of Business Economists (NABE), 2007 to Current

MEMBER, National Economists Club (NEC), the Washington D.C. affiliate of the National Association of Business Economists, January 2011 to Current

MEMBER, American Economics Association (AEA) – 2007 to Current

VICE PRESIDENT, Rio Grande Economics Association (RGEA), an affiliate of the National Association of Business Economists –January 2010-‐December 2011; MEMBER since 2007.

michael cortez resume_2016

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