John Nowaczewski has over 25 years of experience in foreign exchange and risk management at various banks, including Bank of America and NationsBank. He has held senior roles such as VP of Transactional FX and SVP of Global Foreign Exchange. In these roles, he consolidated FX risk management, replaced aging technology platforms, developed trading applications, and automated commercial trading. He also led integration efforts during mergers and built one of the first web-based FX trading applications.

1. John Nowaczewski
Bank of America and Predecessor Banks
Charlotte, North Carolina May 2011 – Present
VP–Transactional FX Manager
 Manage a 24 by 5 ½ desk mitigating risk for 86 exotic currencies and 25 less traded currencies
o Monitor positions in all 25 currencies where local accounts are held and develop
relationships to provide offsets for risk in remaining 86 currencies.
o Communicate with FX sales desks globally for trade and country information.
o Maintain detailed analysis of central bank regulations for all offered currencies.
o Report to executive management on risk positions and recommended hedging techniques
Charlotte, North Carolina December 1995 – August 2005
SVP– Global Foreign Exchange
 Completed a needs analysis in consolidating Global Foreign Exchange (FX) risk management
under one legal entity.
 Replaced a platform of aging technology that was used by multiple international sites and in
excess of 400 users. Trained staff at every level in the company on the new platform.
 Developed sales and technology teams who designed functionality for, and sold, 1st and 2nd
generation trading applications for client capture resulting in an 80% reduction in risk, 18%
reduction in manual input through simplified cross-currency payments, and a 15% reduction in
manual input for bulk payment files and client capture.
 Business-line functional manager for automation of the commercial trading activity.
o Overhauled the product line and increased straight-through-processing by 65%, providing
increased revenues of 55%
o Instrumental in automating branch generated activity, cutting hold time by 70%
o Primary automation resulted in reductions in cost-per-transaction from $21 to under $4
and reduced the error rate of manual transactions dramatically.
o Led discussions in negotiating accounting and fee sharing where product lines and
responsibilities crossed business units.
o Wrote policies and procedures to ensure adherence to internal and external compliance
guidelines.
 Key Contributor on the merger transition teams for Fleet, NationsBank, Boatman’s, FNB, and
NCNB
o Combined the trading platforms and product lines of the two international payment
businesses.
o Identified target environments and managed resulting risk positions.
o Wrote compliance and risk management policies for the target environment and trained
personnel on the new guidelines
 Business lead for the Bank’s first browser based trading application
Chicago, Illinois (NationsBank) June 1993 – December 1995
SVP-Manager Liquidity
 Co-lead of technology and business representatives to build first web-based foreign currency
payment applications
o Wrote pricing algorithms to provide live exchange rates to clients.
o Defined risk parameters and procedures and built pricing structure to enable other
business units to cross-sell the product
 Designed a global web based order-management application for use by traders and coordinated
implementation globally. This application reduced the error rate by 94%.
 Integrated the FX trading activity of NationsBank with the options business of CRT.
Charlotte, North Carolina (NationsBank) July 1990 – June 1993
SVP- FX and Euro-Currency Manager
 Managed FX and Euro-Deposit trading and sales activities for the East Coast.
 Advisor to the Bank’s Asset and Liability Committee on FX and Euro markets.
 Managed and directed trading risk, developed trading and marketing plans and assigned sales
territories.
 Developed methodology for synthetic pricing across interest rate and FX products and
implemented a new core accounting system.
 Provided technical and fundamental analysis to salespeople and wrote a weekly sales publication.
 Implemented cross training of FX and Interest Rate Product groups.
Supplemental Work History (August 2005-October 2010)
01/2003 – 02/2004 Owner/Manager-The Rising Roll Gourmet Restaurant (Charlotte, NC)
Summary of Qualifications
Experienced Six Sigma-trained
Manager with extensive
background in developing
financial service teams and e-
commerce applications.
Resourceful Project Manager
Ability to lead, plan, and execute
on multiple projects while
producing quality work against
rigorous deadlines
Effective Communicator
Ability to communicate at all
levels of the organization
Strong Relationship Builder
Creates rapport with ease;
cultivates long-lasting
relationships; thrives in mentoring
and coaching relationships
Champion of Innovation
Embraces new ideas; easily
adapts to change; flexible and
versatile while maintaining
composure under pressure
Professional Skills
Detail-oriented and organized
Work well in a fast-paced
environment
Excellent communication skills
Excels in both team and
independent work situations
Computer Skills
Programming languages? Bank
systems to add here?
Certifications
Past member of the board of
FOREX USA
Past Advisory member for the
Federal Reserve Board of NY
Forex Committee
Six Sigma Green Belt certified
Volunteer/Extra Curricular
Activities
Room In the Inn
Emergency Winter Shelter
An ordained elder in the
Presbyterian Church USA
Currently serving as Elder for
Sharon Presbyterian Church
Registered ServSafe Instructor
and Proctor for NRAEF
5701 Caboose Court, Charlotte, NC 28226
704-341 9626 H/704-957 9146 C
Email: itsnovo@hotmail.com