Sector Director – Banking, Financial Services and Insurance in London

Sector Director – Banking, Financial Services and Insurance in London

London Full-Time 80000 - 100000 £ / year (est.) No working from home possible
Softwire

At a Glance

  • Tasks: Lead and grow Softwire's Banking, Financial Services & Insurance sector with strategic vision.
  • Company: Join a top-rated tech consultancy known for its innovative culture and impactful projects.
  • Benefits: Enjoy competitive salary, profit share, flexible hours, and generous leave policies.
  • Other info: Be part of a supportive environment that values work-life balance and collective success.
  • Why this job: Shape the future of BFSI with cutting-edge technology and a passionate team.
  • Qualifications: 10+ years in BFSI leadership, strong commercial acumen, and excellent networking skills.

The predicted salary is between 80000 - 100000 £ per year.

Locations: London, Cambridge, Manchester

Softwire is a leading UK technology and strategy consultancy. From enterprise to government, we help visionary organisations turn strategic ambitions into results at scale. Our practices cover AI transformation, data platforms, systems engineering, advanced CX and experience design. Trusted by well-known organisations across the public and private sector, Softwire has grown into a business that consistently delivers large, high-profile digital projects for the UK’s leading brands.

Softwire was founded on one simple idea: if we can create the best possible culture and working environment then everything else will fall into place. And it seems to be working – we were recently voted number 1 company to work for in the UK in the Best Company awards, and we have a loyal and growing client base who trust us with their hardest problems and their mission critical projects.

When you work with Softwire, you’re not only becoming part of a team with in-depth technical skills and delivery expertise – you’ll be working in a high-trust, high-energy environment full of smart, kind, fun people passionate about building something amazing.

In brief, the Sector Director (BFSI) is the senior leader accountable for the overall performance, growth, and strategic direction of Softwire’s Banking, Financial Services & Insurance business unit. You will define strategy for the business unit and take full ownership of the P&L, taking accountability for the overall business unit revenue target (£15m in 2026 and looking to grow significantly in the future) and gross margin targets and for managing broader business unit budget and objectives.

You will bring deep sector expertise, strong commercial acumen, and be well networked with and highly credible in front of our target audience of BFSI CIOs, CTOs, CDOs and COOs. You will use your experience and strategic insight to shape which subsectors, propositions, and client types Softwire pursues. You will develop and execute the strategy to take these to market and to differentiate us from our competitors in the minds of our target buyers.

You are an experienced leader able to execute through others and build high performing teams of senior professionals. You are comfortable in sales, pre-sales and strategic account management processes, setting strategy and leading teams to deliver commercial outcomes. You will directly manage Sales Directors, Client Directors and Marketing Executives who are responsible for day-to-day demand generation, sector specific marketing, account development, and opportunity execution, and work closely with Delivery Directors, who lead the successful delivery and on-sell within major programmes.

As Sector Director, you are accountable for building the right team to deliver the strategy and achieve the objectives, and for the performance of that team.

You will be responsible for:

  • Business Unit Leadership & P&L Ownership: Full ownership of the P&L for BFSI, including developing sector strategy and associated business unit budget and objectives, hitting the business unit revenue target, gross margin target, and delivering the strategic objectives. Fully owning Business Unit performance against commercial objectives: forecasting, reporting, and taking action to ensure they are hit. Primary commercial objectives will include proposition development, validation and scaling; new client acquisition; and expansion of existing accounts into new areas and services.
  • Go-To-Market Strategy and Proposition Development: Defining which BFSI subsectors, client personas, and market opportunities Softwire should target, based on commercial potential, route to market, our ability to differentiate, and alignment to Softwire’s commercial objectives. Leading proposition definition in partnership with our core Practices — ensuring offerings are commercially viable, deliverable, and compelling in the BFSI market. Developing and delivering the BFSI go-to-market strategy, ensuring alignment across sales, marketing, propositions, and delivery.
  • Brand, Market Positioning & Thought Leadership: Defining how Softwire should position itself within BFSI to become a partner of choice. Taking overall accountability for brand perception and reach within our chosen BFSI sub-sectors and target accounts. Acting as a senior ambassador for Softwire, representing the BU through conferences, thought leadership, and client C-suite engagement.
  • Revenue Growth and Sales Execution: Owning the revenue, new client acquisition, and margin targets for the sector as a whole and managing Sales Directors and Client Directors to hit their personal revenue and new client goals. Ensuring the BU maintains a healthy pipeline and that sales effort is focused on the right sectors and propositions.
  • Cross-Functional Leadership & Execution: Designing, building, leading, and motivating the cross-functional BFSI team, including Sales Directors, Client Directors, Marketing, and proposition SMEs. Ensuring alignment, prioritisation, and focus — creating the conditions for the team to hit revenue, margin, and growth targets.

About you:

You have 10+ years operating at senior commercial or business leadership level within BFSI and technology, including experience supplier side with responsibility for sector strategy, commercial growth, and go to market execution. You have a strong executive network in BFSI, and can open doors at C-suite level across your subsectors. Industry CIOs, CTOs, COOs and CDOs will regard you as an experienced and trusted adviser who can engage with them as a peer on understanding their business problems and as a leader in how we can use technology to solve them.

You are collaborative and your default approach is to work with peers as a team, openly sharing information, resources, and comms. You are commercially sharp, with a demonstrable track record of growing a business line or BU, closing large (£1m+) complex deals, owning P&L of £10m+, and winning the trust of our target buyer personas. You are a strategic thinker who is equally comfortable rolling up your sleeves and engaging in bids, proposition development, and client strategy reviews.

You have strong client facing skills. You are comfortable identifying win themes and creating compelling narratives that explain how we can help and why they should trust us. You have great negotiation skills and can persuade, influence, get the outcomes we need and develop deeper relationships at the same time. You have experience building and scaling high performing cross-functional go-to-market teams: defining roles, setting the bar for performance, motivating people towards strategic goals, and building a culture and environment that enables people to deliver their best.

You are a natural leader: people follow you because you set direction clearly, bring others with you, and create confidence. You are energised by ambiguity, resilient under pressure, and proactive in identifying and fixing issues. You are self-motivated and are comfortable independently defining and driving day-to-day activities towards Softwire’s objectives.

The package:

Softwire operates transparent pay scales and a profit share scheme based on role and overall company performance. Highly competitive base salary based on level of experience in a similar role. You can expect to receive a lucrative profit share/bonus depending on your band and company performance. Pension: Additional 5% of salary. 25 days annual leave (with the option to buy and sell). Time off for company-wide morale events, time off for charitable activities. Free annual eye test, income protection, cycle to work, electric vehicle lease schemes, and payroll charity donations.

Flexibility:

We are a flexible employer who understands that being committed to a job is not the same as sacrificing everything for it: holiday is holiday; if you need flexibility for life stuff that’s not a problem; and we don’t expect (or want) long hours – we believe in a good work/life balance.

Sector Director – Banking, Financial Services and Insurance in London employer: Softwire

Softwire is an exceptional employer, renowned for its vibrant and inclusive work culture that prioritises employee well-being and professional growth. With a commitment to transparency in pay and a generous profit share scheme, employees enjoy competitive salaries alongside numerous benefits such as flexible working arrangements, extensive annual leave, and opportunities for charitable engagement. Located in major cities like London, Cambridge, and Manchester, Softwire fosters a collaborative environment where innovative thinkers can thrive and contribute to high-profile projects in the Banking, Financial Services, and Insurance sectors.

Softwire

Contact Details:

Softwire Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Sector Director – Banking, Financial Services and Insurance in London

Network Like a Pro

Get out there and connect with people in the BFSI sector! Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships can open doors that you didn’t even know existed.

Showcase Your Expertise

When you get the chance to chat with industry leaders or during interviews, make sure to highlight your deep sector knowledge and commercial acumen. Share insights and experiences that demonstrate how you can add value to Softwire’s BFSI team.

Prepare for the Spotlight

Before any interview, do your homework! Understand Softwire’s position in the market, their recent projects, and how you can contribute to their growth. Tailor your pitch to show how your skills align with their goals and values.

Follow Up with Flair

After interviews or networking events, send a thoughtful follow-up message. Thank them for their time, reiterate your interest, and mention something specific from your conversation. This keeps you top of mind and shows your enthusiasm for the role.

We think you need these skills to ace Sector Director – Banking, Financial Services and Insurance in London

Sector Strategy Development
P&L Ownership
Commercial Acumen
Client Relationship Management
Sales and Pre-Sales Expertise
Go-To-Market Strategy
Proposition Development

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the role of Sector Director in BFSI. Highlight your relevant experience, especially in commercial growth and strategy execution. We want to see how your background aligns with our goals!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about the BFSI sector and how you can contribute to Softwire's success. Be authentic and let your personality come through.

Showcase Your Leadership Skills:As a senior leader, we need to see your ability to build and motivate high-performing teams. Share specific examples of how you've led teams to achieve commercial objectives and fostered a collaborative culture.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Softwire!

How to prepare for a job interview at Softwire

Know Your Sector Inside Out

Before the interview, dive deep into the Banking, Financial Services, and Insurance sectors. Understand current trends, challenges, and opportunities. This knowledge will help you speak confidently about how your experience aligns with Softwire's goals and how you can contribute to their growth.

Showcase Your Leadership Style

As a potential Sector Director, it's crucial to demonstrate your leadership approach. Prepare examples of how you've built high-performing teams and driven strategic initiatives in previous roles. Highlight your ability to motivate others and create a collaborative environment, as this aligns with Softwire's culture.

Prepare for Commercial Conversations

Expect to discuss P&L ownership and revenue growth strategies during the interview. Be ready to share your past experiences in managing budgets, achieving financial targets, and developing go-to-market strategies. This will show that you have the commercial acumen needed for the role.

Engage with Thought Leadership

Softwire values thought leadership, so come prepared with insights on how technology can solve industry problems. Discuss your vision for positioning Softwire within the BFSI sector and how you can enhance brand perception. This will demonstrate your strategic thinking and alignment with their objectives.