Carlos Calderon Email and Phone Number

• Oversaw annual operational audits of Moody’s global ratings business, including risk assessment, planning, testing, reporting and remediation follow-up; the results of which have led to substantial improvements in operational compliance and efficiencies across the firm.• Served as Internal Audit Group’s key subject matter expert on credit rating operations, strategically raising the Group’s capacity and resources, as well as credibility vis-à-vis the business;• Developed/maintained relationships with key stakeholders ranging from members of senior leadership across lines of business to control owners within operational support units;• Led projects to continuously shape the Group’s brand, resources, processes and products, thereby aligning activities with the rapidly evolving business and regulatory demands;• Participated in a number of interdisciplinary boards and committees, providing valuable advisory on policy, procedures and controls for integrated risk management; most notably in the firm’s ongoing business transformation initiative; and• Mentored and provided performance feedback to develop and empower team members; including designing and delivering training to staff on ratings processes and analytical considerations.

• Led the rating analysis and process for new tax-exempt housing revenue bond issuances by a variety of U.S. municipal, quasi-governmental, and special purpose vehicle (SPV) entities;• Securities rated included stand-alone affordable multi- and single-family housing, privatized student housing, and privatized military housing projects; general and/or limited obligation mortgage loan pools, state housing finance agencies’ corporate balance sheets, and government agency mortgage-backed securities (GNMA, FNMA, FMAC, etc.);• Performed ongoing surveillance of a multi-billion dollar portfolio of existing rated transactions, including periodic site visits and meetings with transaction parties including issuers, developers, construction firms, property managers, investment bankers, bond counsels and financial advisors;• Received coverage of published research (Special Comments, Sector and Issuer In Depth, Moody’s Credit Outlook, etc.) and was quoted in related industry periodicals;• Spoke at Moody’s Roundtables, presenting on published research to institutional investors;• Consulted on and managed cross-line-of-business special projects to enhance Moody’s business model and ratings quality such as Project OptiMISe; and• Mentored and provided experiential opportunities to junior analysts by involving them in higher profile projects, exposing them to advanced analytical concepts and methods.

• Analyzed feasibility and fiscal impact of large-scale capital development projects in the area of affordable housing preservation and new development, providing briefing to senior City officials;• Developed comprehensive quantitative models and tools, raising the Taskforce’s analytic capacity to evaluate and negotiate capital budget expenditures on specific real estate transactions;• Reviewed and recommended funding approval of affordable housing development proposals seeking subsidies from HPD’s capital budget in furtherance of mayoral housing policy goals;• Prepared annual expense budget of approximately $550 million and four-year financial plan for the New York City Department of Housing Preservation and Development (HPD);• Analyzed HPD’s ongoing budget requests, including personnel hiring petitions, and formulated approval recommendations and alternatives;• Developed budget tracking tools and forecast models to evaluate HPD’s fiscal and operational performance, and identified short- and long-term financial risks and opportunities; and• Supervised and guided the work of a team of approximately four junior analysts to meet needs of senior management.

• Assisted the Manager of Program Evaluation in managing data and performing qualitative and quantitative analysis to support University planning, development and decision-making• Reviewed current scholarly literature relating to trends in higher education• Coordinated logistical arrangements for data collection activities• Performed data cleaning and maintenance and prepared reports for assessment of data quality

• Served on a 5-person team consisting of NYU Wagner graduate candidates to estimate the impact of foreign aid on primary school enrollment rates and gender parity in developing countries • Maintained cross-country panel dataset covering approximately 15 variables for 55 developing countries over 6 five-year periods between 1970 and 1999• Developed various regression models and conducted statistical analysis using SPSS• Produced final written report and presented findings to capstone project review committee

• Developed evaluation indicators for agency’s homelessness prevention initiative by analyzing incidence and socio-economic data for New York City Community Districts• Prepared several indicators of agency performance by analyzing information from client database using SPSS to be presented in the agency’s Monthly Critical Activities Report• Supported program managers by assessing trends in shelter use by adult population to inform policy decisions on service improvement

• Coordinated micro-lending program with local non-governmental partner agencies in Honduras, Nicaragua, Peru and Bolivia• Evaluated and analyzed field reports following up with correspondence outlining recommendations on ways to improve program implementation• Translated official documents including entrepreneur training manual and program guidelines