Team Product Owner, Lloyds
Markets Platform
+ Annual performance-related bonus
More information about location
2-3 days a week in office (Old Broad Street, London)
Retail and commercial bank
Open for applications
Retail and commercial bank
1001+ employees
Open for applications
+ Annual performance-related bonus
More information about location
2-3 days a week in office (Old 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
- Knowledge and experience of working across business and engineering teams in a Capital Markets context
- Good knowledge of post trade product lifecycle, with a focus on settlements
- Excellent knowledge of the Markets business and the Trade Lifecycle
- Significant experience in Financial services with experience in FX, Rates, Commodities or Structured products
- Senior leader capable of building relationships with senior partners
- You'll influence positively - demonstrating the right values and behaviours while encouraging this within your team members
What the job involves
- This is a Team Product Owner role which sits within the Trade Execution lab in the Markets Platform
- The team is highly adaptable and support continuous change to keep up with evolving regulations, products and market trends
- The purpose of the Product Owner is the overall ownership for a single product backlog which contains 2-3 features, journeys or technology components
- This role is responsible to supervise the release of incremental value within an overall product, with the primary aim of delivering value to customers and partners by ensuring the team focuses on the right priorities
- This role supports development of Lab or Team Objectives and Key Results, and provides product performance and benefits realisation data
- Defines user-stories at Lab or Team level to meet customer needs
- Works with Customer Journey Manager to analyse user stories for customer journey improvements
- Shapes Product vision and roadmap at Lab or Team level
- Prioritises, refines and manages Lab or Team Product backlog
- Accountable for Product change governance (e.g., CMIA / SPFIA) and Business Readiness activities (e.g., training and comms, testing and readiness for implementation) for their respective features, journeys or technology components. Note: PO’s are accountable but activities to be delivered by the whole ‘team’
- Plays a role in developing capabilities within their functional area and invests in personal and team growth through mentoring and other informal methods
- Works with Integrators when change is particularly large
- Owns and manages the product backlog for a Group-wide technology asset
- Develops technical design for the product
- Delivers against a product budget, performing financial and data analysis
- Manages all product risk
- Defines the segmentation and supplier strategy
- Environment Planning and other technical activities
Application process
- End Date: July 31, 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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