Janith Karunanayake

Main Clients:

ASB Bank Limited

• Involved in FY23 audit and FY22 Half year review.
• Worked on treasury related areas such as hedging and derivative valuations.
• Hands on tested migration of all integrated systems related to hedging and other treasury functions.

AIG Insurance

• Involved in FY23 audit and my role was to specifically work on claims and actuary related areas.
• Engaged with actuarial experts on IBNR estimations and assumptions.

Perpetual Guardian Holdings Limited

• Involved in FY23 audit as senior in charge of the team and was involved in testing areas such as revenue and fraud risk.
• Coached team members and guided them whenever necessary.

• Involved in IFRS 9 implementation projects for leading banks in Sri Lanka including expected credit loss computation and policy development.
• Extensive knowledge in ECL model development and validation of existing models of banks and other finance companies in accordance with IFRS 9, including models based on Delinquency and other migration perspectives.
• Main clients include major local banks (People's Bank of Sri Lanka, Commercial Bank, etc) and global banks operating in Sri Lanka such as State Bank of India and Standered Chartered Bank.

• Joined as an Audit Associate, preliminarily involved in assurance engagements for financial services clients.
• Worked on areas such as Impairment, Interest revenue and Financial assets, while obtaining a deep and thorough understanding on each business process.

Major clients

• HSBC Sri Lanka
• Bank of China
• State Bank of India
• Fairfirst Insurance