Manager Project

Marc A. Rentko

+ *** S. Algonquin Ave. Columbus, OH 43204 +614-***-**** +

****.*.******@*****.***

PROFESSIONAL CREDENTIALS

AMERICAN MUNICIPAL POWER, INC., Columbus, OH April 2005 -

February 2015

Manager Counterparty Credit & Commodity Settlements

. Modified and implemented changes to existing credit risk policy to

include best business practices to reflect current market conditions;

. Mitigated credit risk by diversifying company portfolio with

financially stable counterparties;

. Established counterparty credit limits though company approved

methodologies, monitored, and adjusted as required;

. Increased line of unsecured credit with counterparties from $30

million to over $900 million;

. Reconciled the trading book on a daily basis for both purchases from

suppliers and sales to members;

. Developed processes to identify, quantify and report market risks and

exposures;

. Implemented stress testing procedures on the trading book to evaluate

cash flows at risk;

. Forecasted collateral requirements to Finance, Treasury and Senior

Management based on daily market settlements;

. Credit Committee representative to the RTO's (MISO / PJM);

. Drafted the processes and procedures for Front, Middle and Back Office

functions relating to internal controls of the organization

(preparation for SAS 70 Audit Opinion); and

. Negotiated trading agreements (EEIs/ISDAs) with counterparties

including credit terms and thresholds.

NEW JERSEY RESOURCES, Wall, NJ August 2004 -

March 2005

Credit Analyst, Energy Services

. Reviewed credit status for existing counterparties on an annual basis,

assuring compliance with company credit guidelines;

. Performed credit evaluation relating to requests for new trading

partners, including S&P and Moody's ratings, financial statements,

corporate structure, credit news, and cash/liquidity status;

. Reviewed credit-related provisions in ISDAs and NAESBs as needed;

. Tracked and forecasted margin requirements;

. Provided suggestions on new methods to analyze risk, improve

productivity, enhance GMS/ZaiNet, and strengthen internal controls;

and

. Served as backup for company controller with respect to reconciling

daily broker confirmations for financial positions for NJR Energy

Services and New Jersey Natural Gas.

NISOURCE, INC., Columbus, OH March 2003-July

2003

Credit Relationship Manager

. Responsible for the credit approval practices for the Columbia

Distribution Companies;

. Drafted language for Letters of Credit, Security Deposits and Parental

Guarantees;

. Negotiated contracts and agreements for pre- and post-petition

bankrupt counterparties;

. Tracked global exposures over all NiSource enterprises;

. Acted as primary liaison between business units and corporate risk

management; and

. Managed electronic trading platforms.

AMERICAN ELECTRIC POWER SERVICE CORP., Columbus, OH January 2002-

February 2003

Credit Analyst

. Monitored exposures daily for assigned counterparties; scrutinized

rating actions, credit news, and press releases;

. Prepared daily trading report to inform management of excessive

volumes and forward curve violations;

. Issued reports to Credit Risk Management Committee for appropriate

disciplinary action;

. Interfaced with Contracts/Legal and Counterparties to negotiate

NAESBs, EEIs and ISDAs;

. Assisted Margin Desk with reconciliation of MTM discrepancies and

acted as back-up for junior analysts;

. Managed trade finance activities to include cash, negotiations of

letters of credit and performance guarantees;

. Prepared narrative credit analysis on existing and prospective

counterparties utilizing financial, industry, and market information;

and

. Trading platform administrator for ICE (AEP Energy Services, American

Electric Power, Houston Pipeline), Chalkboard (NGLs), Real Trade

(Power Hourly desk).

MIRANT AMERICAS ENERGY MARKETING, LP. Atlanta, GA January 2001-

January 2002

Credit Analyst

. Reviewed daily credit lines by counterparties;

. Analyzed credit risks associated with trading parties;

. Monitored and reported trading violations to senior management and

Risk Oversight Committee;

. Calculated Guarantee exposures for internal and external reporting;

. Negotiated and enforced collateral calls based on contractual

obligations;

. Established credit lines for trading counterparties; and

. Managed, monitored and reconciled incoming/outgoing collateral to

include Letters of Credit, Parental Guarantees and Cash.

MORTGAGE SOLUTIONS, INC., Atlanta, GA April 1999-

October 2000

Mortgage Broker

. Performed credit/monetary analysis to determine which types of

programs were beneficial to clients while increasing company

profitability;

. Specialized in funding for international clientele (United Kingdom);

. Structured financing to meet investor guidelines (quality); and

. Established operational guidelines and internal controls to eliminate

the possibility of recourse.

FLEET MORTGAGE GROUP, Hingham, MA August 1998-March

1999

Loan Officer

. Performed credit analysis to determine which programs clients

qualified for based on FHA/VA, Fannie Mae and Freddie Mac underwriting

criteria;

. Originated mortgages for non-prime lending (B/C paper); and

. Developed and maintained broker, attorney and CPA relationships

throughout the Northeast.

SUNSTAR ACCEPTANCE CORPORATION, Atlanta, GA March 1995-March

1998

Manager Consumer Lending

. Performed final review and analysis of contracts submitted for funding

to ensure that they meet the acceptable rate/risk scenarios as defined

by company policy;

. Supervised the operations and credit approval practices;

. Assisted in the development of internal controls; and

. Managed the loan processing staff.

Project Manager, Remittance Center

. Created a centralized payment processing center to manage a $1.1

Billion portfolio;

. Managed and trained the personnel responsible for the cash management

activities; and

. Acted as liaison between executive and operational departments.

Project Coordinator, Acquisitions

. Coordinated the purchases and reconciliation's of receivables and

finance companies;

. Supervised and trained the employees responsible for the purchases;

and

. Managed the audit and account reconciliations.

Staff Accountant

. Reconciled branch bank accounts, intercompany accounts, monthly

general ledger activity; and

. Calculated company charge offs.

PHILADELPHIA STOCK EXCHANGE, Philadelphia, PA

November 1992-January 1995

Auditor/Investigator, Market Surveillance Department

. Investigated rule infractions for compliance with SEC regulations

including fraudulent financial disclosures, front running, market

manipulation, insider trading, hedge exemptions and position limit

reporting;

. Audited brokers' net capital requirements; and

. Presented audit reports to Director of Market Surveillance for formal

prosecution.

Bond Clerk, Reorganization Department, Philadelphia Depository Trust

Company

. Processed and collected bond redemptions for the holdings of the

depository; and

. Researched and resolved discrepancies.

EDUCATION

SAINT JOSEPH'S UNIVERSITY, Philadelphia, PA

Bachelor of Science, Accounting

TECHNICAL SKILLS

MS Office, Oracle, ZaiNet, Citidirect, Openlink, ILX Market data, Quotron.

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