Kelvin Kitosi, CPA (T),ACI

Kelvin kitosi, cpa (t),aci

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location of Kelvin Kitosi, CPA (T),ACITanzania
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  • Timeline

    Current Company
    Jun 2012 - now

    Manager Market Risk & CIB Operational Risk

    Stanbic Bank
    Dar es Salaam, Tanzania
  • About me

    Finance|Global Markets|Treasury| Market Risk|Operational Risk.

  • Education

    • Institute of finance management

      2015 - 2017
      Master of science (msc) in finance and investment
  • Experience

    • Stanbic bank

      Jun 2012 - now

      • Daily market risk reporting, analysis and commentaryincluding weekly review of back-testing failures. Thisincludes VaR measurement, VaR proxy decisions,collating of historic data, discussion of risk positions andchanges with traders, reviewing of limits based onliquidity, design and implementation of appropriatemarket risk reports.• Ensuring accuracy and appropriateness of thevaluation models and liaise with Market Risk Hub andmodel validation teams for assistance on quantitativematters.• Limits and trigger monitoring .• Profit & Loss attribution analysis, provision reporting,price verification and liaison with finance onreconciliation of reported results• Reviewing and stress testing the bank's risk profile toensure that businesses are within allocated limits.• Review and research of economic indicators anddiscussion of positioning ahead of possible marketmoves to maximise/minimise risk-reward.• Preparation of risk reports and presentations fortabling at Country ALCO.tabling at Country ALCO. Show less To provide a routine product reporting on income statement and balance sheet and reconciliation function within the Product Control Division of Global Markets Profit and loss – daily calculation, reconciliation and reporting.Balance sheet product accounts– daily calculation, reconciliation and reporting.Currency positions – daily reconciliation between front end dealing systems and core banking systemDaily calculation of P&L, utilising market data from Market Risk and Deal Data from front end dealing system and Core Banking System.Daily reconciliation of the P&L and product balance sheet between front office dealing systems, core banking systems, general ledger and dealers, utilising market data from Market Risk and Deal Data from front end dealing system and Core Banking System.Daily reporting, analyses and investigation of P&L and product balance sheet. Investigation and resolution of daily P&L and balance sheet variances.Preparation of periodic P&L and balance sheet summaries/analyses.Liaison with all front office related areas (recons, front-office, back office and market risk).Internal client liaison.projects and systems work.Design relevant business processes and system deliverables to implement new products and systems according to Global Markets Financial Control requirements. Show less Supporting the Financial accounting units on matters relating to Account payable and Receivable.Full involvement in month end processes, amortisation and accrualsPosting of journals in the systemInvestigation and recovery of any duplicate paymentsReconciliation disbursement accounts, ACB payment / collection, SAP foreign payment in daily basisMonitoring staff claims( passing entries in the system recons) and HQ petty reconditionsSound internal controls are in place within the accounts payable processDaily of balance sheet reconciliationMonitoring branches ExpensesSupport payment teamDaily reconciliations for System recons GBM (standardize system for Payment system (SAP) and Core banking system (Finacle). Show less I have been part of Finacle (Core Banking System) Project team as Finance Lead which supervised the implementation of Core Bank system change. I have been involved on mapping the account form Bank Master (core bank system) to Finacle & SAP(GL System). Testing the new system with the current process , advising on the new process which will cover all business needs and risk on the process. Prepare test cases which helps to show the capabilities of the system and weakness it have and advising the work around to solve the problem while waiting for permanent solutionInvolved in Implementation of GBM sytem (Generic Business Model)Involved in Upgrading SAP Show less

      • Manager Market Risk & CIB Operational Risk

        Apr 2018 - now
      • Global Market product control

        Jan 2015 - Mar 2018
      • Accounts Payable Officer

        Jul 2013 - Dec 2014
      • Finance Lead

        Jun 2012 - Jul 2013
  • Licenses & Certifications

    • Aci dealing certificate

      Aci
      Dec 2023
    • Certified public accountant

      National board of accountants and auditors
      May 2014
      View certificate certificate
    • Onedrive quick tips

      Linkedin
      Dec 2024
      View certificate certificate
  • Honors & Awards

    • Awarded to Kelvin Kitosi, CPA (T),ACI
      Certified Public Accountant (CPA) National Board of Accountants and Auditors May 2014