Prior to joining UFI, Mr. Morales worked for the Department of the Treasury’s Office of Technical Assistance (OTA), providing financial advice to the Treasurer of Paraguay. He streamlined and automated their treasury operations, implementing “paperless” processes for warrant approvals and expense/AP processing, resulting in more streamlined operations and greater transparency.
Mr. Morales previously served as the City Manager for the City of Huntington Park; having also served at its Finance Director and Treasurer. In both roles he helped to implement a number of changes and improvements that led to the elimination of a $4.0 million (15%) structural deficit. Mr. Morales also served as the Finance Director and Treasurer for the City of El Monte.
Prior to reentering the public sector, Mr. Morales gained nearly 20 years of broad-based corporate and public finance experience, serving as a financial advisor at PFM, an investment banker with Bank of America, derivative/ investment provider for Transamerica, and debt manager for the City of Oakland. He specializes on the evaluation of complex financial transactions, including: public-private partnerships (P3s), structured transactions, and municipal contract negotiations, as well as providing investment advice.
Mr. Morales earned his undergraduate degree from the University of Michigan, a Master of Public Policy (MPP) from the Harvard Kennedy School of Government, and an MBA from UCLA, where he was a Dean’s Fellowship Recipient.