Raditha counts over 16 years of experience in audit assignment both in Sri Lanka and in the Maldives. As the Head of Department of Professional Practice, he is experienced in providing guidance on accounting and auditing related technical guidance to the Firm and to clients. He has experience in working with multiple banks and NBFIs in Sri Lanka, Maldives, Bangladesh, Kingdom of Saudi Arabia, Bahrain, Qatar and Bhutan.
He is currently leading more than 40 IFRS 9 Quantitative Impact Assessment (QIA) engagement across Sri Lanka and Maldives specifically focusing on impairment computation based on ‘expected credit loss’ for Banks and NBFI’s.
He is specialized in Developing PD models based on multiple discriminant analysis and logistic approaches, formulation of prepayment factor, LGD estimation and support for Cash flows projections for loan book of the Banks and NBFI’s.
Defining default and SICR criteria and testing multiple scenarios for expected credit loss estimation.
He has worked on valuation of interest rate swaps, cross currency swaps, various exotic options & forward exchange contracts as a specialist in audit for various banks and corporate in Sri Lanka and in the Maldives.
He has provided foreign exchange and interest rate hedging advisory to some of the leading Sri Lankan corporates.