Product Strategy, Lloyds
Offers an annual performance-related bonus
Office located in Broad Street, London
Retail and commercial bank
Be an early applicant
Retail and commercial bank
1001+ employees
Be an early applicant
Offers an annual performance-related bonus
Office located in Broad Street, London
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- Are you passionate about products? Do you have a mindset to develop our proposition across the Crown Dependencies? Do you see opportunities for growth & simplification and are excited about utilising technology to deliver benefits? If so, this might be the role for you!
- We’re looking for someone with the right mix of product, propositional knowledge, marketing experience and curiosity to manage and transform our client proposition and product strategy
- Product management, propositional knowledge and marketing experience
- Excellent written/verbal communication - Ability to build concise and logical storyboards suitable for a senior audience and deliver complex messages in a concise manner
- Stakeholder management - Able to maximise relationships in order to support successful delivery of new propositions. Develops and improves relationships to build consensus and improve delivery
- Delivery and resilience - Change focused mentality in a fast-paced and constantly evolving internal and external environment. Delivering and embedding product and propositions for the long-term, engaging colleagues throughout the journey. Uses comprehensive knowledge and skills to work independently
- Creative and Innovative Problem Solving: Out-of-the-box thinking and a continuous improvement focus, with the ability to shape complex solutions to meet business needs
- Strategic & Analytical Skills: Proven ability to assess performance against strategic goals, provide actionable insights, and optimise performance reporting and data insights. This includes conducting benchmarking studies, performing competitor gap analysis, and driving process improvements based on market insights and customer feedback
What the job involves
- We’re transforming at pace fast within the Crown Dependencies and this role is integral to our growth aspirations, where you’ll be the conduit between group capability and the Crown Dependencies roadmap
- Product Delivery - Defining the product roadmap and managing end-to-end product development. Delivering through others to drive the design and development teams to launch quality products at pace, leveraging group capabilities
- Product/ Proposition Innovation & Development - Applying the relevant customer, business and market analysis methodology to understand the customer and market landscape and translate the understanding into new and innovative product ideas. Using varied experience to support the product to delivery and by creating or enhancing our propositions and services
- Managing Key Relationships - Developing and improving key relationships to build consensus and improve delivery of change outcomes. Using experience to deliver through others, manage conflicting priorities by facilitating discussion and resolution, persuading key individuals or groups to consider alternative views
- Leadership and a solution focused - Building, leading and inspiring an engaged, diverse, solution focused and high performing team
- Agility and growth mindset - proactively identifying and resolving challenges, lead ad hoc control focused initiatives which support the growth of the business. Be comfortable shaping solutions and dealing with ambiguity as you develop what good looks like
Application process
- End Date: June 10, 2025
Salary benchmarks
Our take
Lloyds Bank, part of Lloyds Banking Group, began operations back in 1765 and is nowadays one of the UK’s leading retail and commercial banks. As with many leading banks, the company has dealt with its share of controversy – including for its handling of PPI complaints in 2015, and the 2009 European Commission ruling that forced it to part ways with TSB – but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
Of the company’s 26 million customers, over 18 million of them are online, making it the largest UK digital bank. As part of its ongoing digital transformation, the company is seeking to put the cloud at the front of its services and systems, and has cited intentions to invest heavily in overhauling its current technology infrastructure. All this seeks to serve the modern banking customer, and to compete with the fast-increasing number of alternative banking options appearing on the market.
Recently, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on FinTech Action Labs (a FinTech accelerator programme) to bring its industry expertise to early-stage FinTechs. As well as investment in digital transformation and AI, the company is enhancing its wealth product and corporate banking offerings, as well as expanding its partnerships with digital banking companies.
Steph
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Company benefits
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
Company HQ
City of London, London, UK
Leadership
Charlie Nunn
(Group Chief Executive, not founder)Spent nine years at HSBC, including as Group Head of Wealth Management and Digital, and as CEO of Wealth and Personal Banking.
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