Asanka Gunawardane

• Manage engagement teams conducting APS 310 regulatory audits for large-scale banks, including controls testing related to regulatory form preparation and compliance with APRA prudential requirements.
• Contribute to Financial Accountability Regime (FAR) engagements by supporting the development templates helping clients meet regulatory obligations.
• Manage compliance planning engagements for investment funds, ensuring regulatory adherence.
• Contributions to deployment and integration of Artificial Intelligence tools to enhance audit quality and operational efficiency.
• Mentored junior staff, fostering professional development and ensuring quality in deliverables.
• Collaborated with senior leadership to design innovative solutions that addressed client-specific challenges effectively.
• Established team priorities, maintained schedules and monitored performance.

• Served as the lead engagement manager for restructuring of risk management departments and processes within financial institutions in Sri Lanka and Bhutan, under the supervision of the Asian Development Bank (ADB).
• Managed teams in assessing the impact of new regulatory requirements and providing financial institutions with recommendations for necessary process enhancements.
• Effectively managed engagement budgets while allocating resources to ensure thorough and efficient project delivery.
• Built high-performing teams through effective recruitment, onboarding, and talent development initiatives.

• Led engagement teams on projects including Borrower Internal Rating Model validation and development, Internal Capital Adequacy Assessment Process (ICAAP), and the formulation of risk management policy documents.
• Managed and motivated employees to be productive and engaged in work.
• Resource person/presenter for the risk management training programmes conducted for the BOD and senior managers of the local banks.
• Contributed to the publications issued by EY, on managing financial services risks amidst the COVID-19 pandemic.
• Organizing training programs for banking and finance sector companies on credit risk, operational risk, and new regulatory requirements.

• Contributed development of Expected Credit Loss (ECL) models for SLFRS 9/IFRS 9 under delinquency approach.
• Contributed to the design and delivery of training programs on credit risk for companies in the banking and finance sector.

• Contributed to the design and delivery of training programs on SLFRS /IFRS 9 for companies in the banking and finance sector.
• Contributed to development of Expected Credit Loss (ECL) models for SLFRS 9/IFRS 9 under delinquency approach.

• Provided advisory support to clients across various industries in determining their FATCA entity classification.

• Preparing statement of daily statutory liquid asset ratio to be presented to the top management and monthly return to be submitted to Central Bank of Sri Lanka.
• Preparation of quarterly capital adequacy returns to be presented to the Central Bank of Sri Lanka.
• Preparation of monthly statement pertaining to the debits of customer accounts.
• Involved in preparation of P&L and Balance sheet of the bank
• Debenture issue 2014
• Analysing the profitability of proposed debenture issue under different scenarios.
• Customer profitability analysis
• Analysing whether a customer is profitable or not by consideration all the deposits and advances he/she has with the bank.
• Cost of funds analysis
• Preparation of monthly cost of funds statement by analysing the cost of deposits, borrowings and overhead expenditure.
• Ad hoc report preparation upon the request of the top management to be presented to the assets and liability committee meeting.

• Providing solutions to the queries raised by the client (Aviva-UK) regarding the monthly reconciliation of their accounts.
• Handling third party payment reconciliations by coordinating AVIVA – UK and their business partners in UK.
• Preparation of month end journal entries and performing month end processes.
• Ratio analysis to be presented to the balance sheet review meeting.