BRENT D. WACHTER
Waltham, MA 02453
Tel: 617-***-****
*******.*****@*****.***
EXPERIENCE:
Envapower, Cambridge, MA 03/08-03/09
PJM Market Trading Analyst
• Forecasted on-peak Intertie Flows between the PJM RTO and the 19 external interface zones for the Bal Day, Next Day and Bal Week report products
• Analyzed regional load forecasts, scheduled capacity, generator and transmission outages and Day Ahead binding limits to forecast transmission
constraints and interface congestion risks
• Monitored natural gas operations, unit withdrawals and prices through Platts Energy, ICE, Ventyx and Genscape pipeline monitoring on Tetco, Transco and
Dominion pipelines to forecast mid merit generation operations, unit heat rates and price impact to on-peak operations in the Real Time and Day Ahead
Markets
• Provided daily market briefing calls to 15 clients (LSEs, utilities and hedge funds) that included a daily market summary, answering specific questions,
conducting research requests and modeling custom market scenarios
• Strong understanding of the PJM supply stack, generator fuel diversity and operating capacity and costs
• Solid understanding of PJM market structure including the Day Ahead and Real Time markets, Financial Transmission Rights, unit and transmission
scheduling, generation dispatch and the 14 internal transmission zones within the RTO
• Monitored and analyzed major pricing hubs within the PJM RTO including W-HUB, E-HUB, ADHUB, CINHUB and conducted analysis of hub spreads and
pricing in the Day Ahead and Real Time markets to forecast hourly pricing and operating capabilities
• Intermediate knowledge of MISO, NYISO and the external SERC Transmission zones (TVA, CPL East & West and Duke Energy) that interact with the PJM
market
• Conducted six month research study analyzing historical tie flows over a three year period to identify historical patterns and determine the weighted
impact of factors such as internal and external load, weather, price and generation on actual flows in and out of the RTO
• Expert knowledge with relevant analytical tools such as Platt’s PowerMap, Powerworld, PJM EData and the usage of Genscape real time power, infrared
and acoustic pipeline monitoring
• Strong familiarity with both the physical and financial trading structure of the markets including bidding, scheduling, balancing, bilateral and two
settlement transactions and hedging strategies applied in the Day Ahead, Real Time and term markets
Dyax Corporation, Cambridge, MA 11/07-03/08
Staff Accountant – Employee Stock Plan Manager
• Completed monthly and quarterly close binders of corporate financials for Cambridge, MA and Liege, Belgium facilities
• Conducted monthly reconcilement of cash, short and long-term investments and foreign currency exchanges
• Recorded all monthly general ledger entries to company assets & liabilities
• Maintained fixed asset inventory and worked with GE Capital to provide financing on purchased assets
• Processed R&D invoices for all clinical research departments
• Insured compliance with SOX 404 accounting procedures within finance department
• Assisted in preparation and draft of 10-Q, 10-K and required SEC filings
• Administered and maintained employee stock option plan on a daily basis with ETrade Equity Edge
• Processed employee option exercises, individual stock purchases and completed semi-annual company stock purchases
• Maintained balance of company stock option pool
• Completed FAS123R valuation on quarterly basis
Harris & Dial, PC, North Andover, MA 08/05-08/07
Finance Analyst
• Completed purchase and sale of debt for the #2 Law Collections firm in the country with revenues of $ 32 million
• Worked extensively to develop scoring models to determine purchase risk of new portfolios and current portfolio value
• Conducted collections on exclusive high-end debtor accounts in excess of $1.5 million through direct partnerships with Harrah’s and Tropicana Casinos
• Constant communication with active debtors informing them of added interest fees, remaining balance changes and new settlement offers available
• Worked on a specific individual basis with each debtor to establish a professional relationship and negotiate settlement of accounts
• Reported negative or positive feedback to the major credit bureaus in regards to account settlements and refusals to pay
• Conducted a complete liquidation reported from as far back as 1986 on the total collections of approximately $2 billion in company owned debt to asses
credit risk leverage and collections forecasting
Merrill Lynch Financial Investments, Flemington, NJ 10/96-08/00
Financial Assistant
• Served as assistant to the Flemington Branch President, Timothy M. Stevens
• Developed client marketing letters from various investment prospectuses that generated revenues in excess of $500,000
• In charge of designing and creating various marketing media tools, including a full 32-page color brochure that is still currently handed out to all new
prospective Merrill Lynch Clients
EDUCATION:
BENTLEY COLLEGE, Waltham, MA
Bachelor of Science, Finance
Minor in Accounting
G.P.A: 3.0/4.0
COMPUTER SKILLS:
PowerMap, PowerWorld, PJM ESuite – Edata & OASIS, Envapower – Power Console, Genscape Power, Infrared and Gas monitoring systems
FINANCIAL: Reuters 3000, Bloomberg, First Call, Market Guide, MultexNet, Data Stream, Crystal Ball, Factiva
O/S-SOFTWARE: Oracle, SAP, Microsoft Word, Excel, PowerPoint, Access, Windows 95/98/2000/XP, Lotus Notes, Adobe Photoshop, Illustrator, Acrobat
Professional, Adobe Designer 7.0, Premier, Macromedia Flash MX, Dreamweaver, Fireworks, Director, ACT! Database, Quickbooks, Peachtree Accounting, FACS
Collections Software v. 16 & 17, ROSS Accounting, Renaissance ThinClient, Crystal Reports, ETrade Equity Edge
LANGUAGES: HTML,XML, Intermediate SQL, MUMPS, Visual Basic, Learning C#
ACTIVITIES:
Bentley College Law Association ’03, ’04, Campus Activities Board ’00, Bentley College Investment Club ’00, ’03, ’04, ‘05
INTERESTS:
Business Law, Wealth Management, Currency Trading, Import/Export, Multimedia Design, Digital Photography, Traveling, Aikido, Skiing