Sunil Patel

Experience

• Brit Insurance

  Group Financial Controller - Capital and Treasury

  Feb 2025 - Present

  • Brit Insurance | $10bn Assets | $3bn Revenue
  • A senior finance leader driving capital strategy, treasury management, and balance sheet resilience at a leading specialist insurance group — trusted partner to Board and Executive leadership on the most complex financial and regulatory decisions.
  • What I Delivered:
  • $500m structured financing transaction — Architected a landmark bond deal involving preference shares and share conversions, delivering long-term strategic flexibility and shareholder value.
  • $800m capital restructuring — Conceived and executed two board-approved capital reduction transactions totalling $800m, navigating complex multi-entity legal and accounting requirements across subsidiaries, mid HoldCo, HoldCo, and parent — preserving group capital efficiency while maintaining full regulatory compliance.
  • $236m dividend distribution — Structured and executed a strategic shareholder dividend across group companies, coordinating legal, accounting, and governance requirements across the full corporate structure.
  • Capital forecasting transformation — Enhanced the Group Capital Forecasting Model, delivering reliable projections across all major underwriting entities and elevating Capital Executive Committee decision-making.
  • Board-level strategic advisor — Produced Board and Executive reporting on liquidity, capital adequacy (BCAR/BSAR), and dividend strategy — translating complexity into clear strategic direction.
  • Treasury optimisation — Redesigned cashflow forecasting and treasury cost planning across group entities, delivering measurable efficiency and accuracy gains.
  • Talent development — Mentored junior analysts, embedding Solvency II, capital, and accounting expertise across the team.
  • A group capital & treasury-focused finance leader combining regulatory depth, commercial sharpness, and executive presence to drive resilience and growth in complex insurance environments.
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  Shift4

  Finance Director - Shift4 UK

  Jan 2024 - Nov 2024

  • (SME Start up, Revenue £0.7m, Assets £7m.)
  • Parachuted in as the founding finance leader for Shift4’s UK market entry — building the entire finance function from zero and acting as a strategic partner to the Board during a critical international expansion phase.
  • What I Delivered:
  • Built the finance function from scratch — Designed and implemented end-to-end financial controls, reconciliations, management accounting, tax compliance, and regulatory reporting for a regulated FinTech entering the UK market.
  • Board-level strategic partner — Authored the business plan securing board approval for long-term growth, covering capital requirements, liquidity projections, and payment processing performance targets.
  • Regulatory excellence — Established robust FCA compliance frameworks and delivered accurate, timely regulatory and statistical reporting — navigating the complexity of a newly regulated UK entity with zero legacy infrastructure.
  • Investor-grade financial reporting — Produced monthly management accounts with KPI reporting, quarterly board packs, and FRS102-compliant annual financial statements, coordinating the first statutory audit through to board sign-off.
  • Treasury & cashflow discipline — Developed 6-month rolling cashflow forecasts supporting group reporting requirements and safeguarding optimisation for the SME.
  • Tax infrastructure — Built UK tax compliance processes across VAT, corporation tax, and payroll from the ground up, ensuring full adherence from day one.
  • Team leadership — Recruited, led, and developed a team of six, embedding a high-performance finance culture in a fast-moving start-up environment.
  • Demonstrated ability to scale finance operations from inception — combining entrepreneurial agility with the governance, regulatory, and strategic rigour demanded at CFO level.​​​​​​​​​​​​​​​​

• Lloyds Banking Group

  Senior Finance Controller – Group Corporate Treasury

  Jan 2023 - Jan 2024

  • Major UK PLC Bank
  • £880bn Assets | £35bn Revenue.
  • Operating at the heart of a Tier 1 banking institution, delivering high-stakes financial decision support and leading complex regulatory-driven transformation projects across Global Capital Treasury.
  • What I Delivered:
  • Trusted finance advisor — Provided expert decision support to GCT Finance managers across hedge accounting, fee postings, valuation and risk comparisons, and SQL-driven financial analysis in a high-volume, high-complexity environment.
  • Led USD LIBOR cessation programme — Appointed BA lead on the USD Fallback project, defining the full project plan and test approach, executing UAT within budget and on schedule — a critical regulatory milestone for the bank’s derivatives portfolio.
  • Executive-level governance — Designed and presented Steering Committee reporting including project risk summaries, Gantt charts, and RAID logs, providing C-suite stakeholders with the clarity needed for confident decision-making.
  • Monthly strategic reporting — Delivered structured project updates to the Steering Committee, translating complex programme status into concise, actionable insight for senior leadership.
  • Demonstrated ability to operate across finance and transformation in one of the world’s largest financial institutions — combining technical rigour with the executive communication and project leadership expected at CFO level.
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  JPMorganChase

  Senior Finance Controller

  Dec 2020 - Dec 2022

  • JP Morgan PLC Investment Bank| £920bn Assets | £20bn Revenue
  • Delivering regulatory transformation and finance leadership at one of the world’s most complex investment banks — driving COREP compliance, process automation, and executive-level insight across a highly regulated environment.
  • What I Delivered:
  • £60bn exposure reduction — Designed and launched an Alteryx-automated solution for the CRR2 unsettled trades exemption under leverage ratio, directly reducing JPM UK’s regulatory exposures by £60bn.
  • Regulatory transformation lead — Drove end-to-end CRR2/CRD5 implementation across Own Funds, Large Exposures, Leverage Ratio, Asset Encumbrance, FINREP, and FRTB — from policy interpretation through to live regulatory submission.
  • Policy & technical authority — Documented regulatory accounting treatment for CRR2 Leverage Ratio and Large Exposures, providing formal feedback to Finance Directors and Accounting Policy.
  • Automation & efficiency — Engineered new CDS notional solutions using Alteryx and Excel, materially improving reporting quality and control across Leverage reporting.
  • Executive reporting — Modelled CRR2 exemption scenarios, delivering projections and forecasts that informed senior management decision-making on regulatory capital strategy.
  • Capability building — Produced training documentation and videos, upskilling Business Controllers across all new regulatory processes and embedding sustainable operational change.
  • A finance leader who combines deep regulatory expertise with automation capability and strategic influence — delivering measurable impact at the highest levels of global banking.
• 

  UBS

  Finance controller - Senior Regulatory Controller / Projects SME

  Jan 2017 - Aug 2020

  • UBS PLC| £45bn Assets | £1bn Revenue
  • A senior finance leader delivering financial control, regulatory excellence, and strategic transformation across a complex, regulated investment banking entity — operating at the intersection of financial reporting, consolidations, and executive governance.
  • What I Delivered:
  • day month-end close reduction — Redesigned and automated close processes, materially improving speed, accuracy, and finance function efficiency.
  • €50bn balance sheet ownership — Led financial reporting and control for a regulated PRA entity, delivering accurate, timely submissions and maintaining full regulatory compliance across FINREP, ANACREDIT, and ECB frameworks.
  • Regulatory transformation — Authored accounting policy papers on FINREP requirements, advising management and regulatory policy — bridging technical compliance with strategic finance leadership.
  • Post-Brexit reporting migration — Managed transition from FINREP to Abacus 360 post-Brexit, ensuring uninterrupted regulatory reporting to the PRA and ECB.
  • European carve-out — Reviewed and supported the complex separation of the European business from the London branch to UBS Europe SE, demonstrating M&A and restructuring capability.
  • Liquidity oversight — Quarterly validated liquidity reserves and liquid asset portfolio composition, providing senior management with confidence in balance sheet resilience.
  • Systems leadership — Steered Axiom and Abacus A360 implementations to Steering Committee sign-off, partnering with IT, vendors, and development teams to deliver on time.
  • Team leadership — Managed and developed a team of four, embedding regulatory and financial reporting expertise across the function.
  • A technically rigorous and commercially aware finance leader — delivering consolidated reporting, regulatory compliance, and operational transformation at scale.

• INTL FCStone

  Statutory Financial Statement Accountant

  Nov 2016 - Dec 2016

  • INTL FCStone | $1.9bn Assets | £285m Revenue
  • Delivered a full cycle statutory reporting and audit process within a short tenure at a regulated FX and brokerage group — demonstrating the technical depth, stakeholder management, and delivery focus expected at CFO level.
  • What I Delivered:
  • Full statutory accounts ownership — Prepared end-to-end year-end financial statements under UK GAAP (FRS101/FRS102), aligned to IFRS disclosures, including Balance Sheet, Income Statement, Cash Flow Statement, and Statement of Changes in Equity.
  • Complex financial disclosures — Authored key accounting policy notes covering offsetting of financial instruments, fair value hierarchy, financial instrument classification, provisions, finance and operating leases, and contingent liabilities.
  • Going concern & post-balance sheet assessment — Completed a rigorous going concern review and post-balance sheet events assessment, providing Board-level assurance on financial integrity.
  • Audit management — Led engagement with external auditors, managing all statutory financial statement queries through to sign-off, delivering on time and within deadline.
  • Cross-functional stakeholder management — Collaborated with subsidiary accountants, treasury, product control, tax, and IT operations to validate reported balances and ensure financial statement accuracy.
  • A technically accomplished finance leader with deep statutory reporting expertise — delivering audit-ready financials with precision, governance, and executive-level confidence.

• Lloyds Banking Group

  Finance Business Partner – Insurance Division

  Apr 2016 - Nov 2016

  • Lloyds Banking Group | FTSE 100 |Insurance Division
  • A commercially focused finance professional delivering management reporting, financial control, and derivative risk mitigation across one of the UK’s largest and most complex banking and insurance groups.
  • What I Delivered:
  • Executive decision support — Prepared high-quality management information, reports, and commentaries for senior leadership and Actuaries, translating complex financial data into clear, actionable insight for strategic decision-making.
  • Insurance division financial control — Delivered rigorous monthly and quarterly financial reporting across the insurance division, including disciplined expense tracking and variance analysis against budget.
  • OTC derivative oversight — Reviewed and validated collateral bookings against master netting agreements and ISDA agreements, ensuring accuracy and integrity across the OTC derivatives portfolio.
  • Derivative reporting — Produced quarterly derivative reports, providing senior stakeholders with transparent visibility of exposure and mitigation positions.
  • Combining financial control expertise with derivative and insurance knowledge to deliver reporting accuracy and strategic insight in a highly regulated, complex financial services environment.

• BNP Paribas

  Legal Entity Controller – Group Investment Bank

  Oct 2014 - Apr 2016
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  UBS

  Group Finance Controller

  Oct 2013 - Sep 2014
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  RBS

  Financial Statutory Accounting Consultant - Markets and International banking

  Apr 2013 - Sep 2013
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  UBS

  Financial Controller: Group Investment Bank: Derivatives Instruments

  Sep 2010 - Mar 2013
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  Royal Bank of Scotland Business

  Financial controller Equity Derivatives

  Nov 2009 - Jul 2010
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  Deutsche Bank

  Financial Controller - Structured Credit Products Fixed Income

  Sep 2007 - Nov 2009

• Imperial Bank

  Senior Group Finance Manager

  Jun 2006 - Aug 2007

• South African Revenue Services

  Tax Audit Manager

  May 2004 - May 2006
• 

  Various Companies

  Strategic Advisor

  Jan 2004 - Apr 2016

  • Finance Leadership
  • Built a high-impact career across Investment Banking, Asset-Backed Finance, and the Public Sector, delivering financial integrity for organizations with complex, multi-billion-pound portfolios. Expert in bridging the gap between technical accounting and commercial decision-making, providing direct support to CFOs and Boards to optimize capital, manage risk, and ensure regulatory compliance.
  • Core Expertise & Accountability:
  • Strategic Advisory: Partnered with CFOs and Trading Desks to provide financial insights for capital allocation, risk management, and structured finance approvals.
  • Financial Control & Reporting: Directed end-to-end financial control, including month-end close, consolidations, and statutory disclosures (UK GAAP/IFRS) for complex legal entities.
  • Banking & Markets Activity: Led finance support for structured products, derivatives, and asset-backed lending, ensuring booking integrity and P&L substantiation.
  • Governance & Regulatory Liaison: Represented organizations in discussions with auditors and regulators, defending technical positions and securing pragmatic outcomes.
  • Operational Excellence: Designed MI dashboards to improve visibility over FX exposure, funding, and profitability while streamlining tax and VAT
  • compliance.
  • Key Career Achievements:
  • £1.1bn Oversight: Supported finance oversight and approval for over £1.1bn in trading and asset-backed transactions.
  • Audit Excellence: Delivered clean statutory accounts and audit submissions across six legal entities with zero material issues.
  • Process Transformation: Reduced post-close adjustments by 50% through the implementation of tighter controls and clarified ownership.
  • Non-Profit Governance: As Trustee & Treasurer, managed £558k in annual income, maintaining a 21-month cash runway and improving donor visibility.
  • Leadership: Built and mentored multi-disciplinary teams across Audit, Tax, and Finance to elevate delivery pace and stakeholder confidence.

• Pannell Kerr Foster

  Senior Audit Manager

  Feb 2001 - Mar 2004