Product Owner, Lloyds
Embedded Finance
£70.9-78.8k
+ An annual bonus award, subject to Group performance and Share scheme
2 days a week in office
Retail and commercial bank
Posted today
Retail and commercial bank
1001+ employees
Posted today
£70.9-78.8k
+ An annual bonus award, subject to Group performance and Share scheme
2 days a week in office
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- Drive, enthusiasm and the confidence to take the initiative
- Strong Collaborator skills - using personal impact and positioning to build and sustain long-term relationships. Resolving conflict, building consensus, and influencing good outcomes
- Strong problem-solving skills – demonstrated by an ability to identify, analyse and solve complex issues efficiently and effectively. You’ll be capable of applying logical thinking and innovative approaches to overcome challenges and deliver practical solutions
- Excellent communication skills – proficient in conveying complex ideas clearly and concisely, both in written and verbal formats. Able to tailor communication style to diverse audiences, ensuring clarity and understanding
- Good knowledge and experience of implementing of agile frameworks, scrum or kanban
- Excellent working knowledge and understanding of Atlassian suite, (Jira/Jira Align/Confluence)
- Strong working knowledge of Platform Change Framework and experience implementing its principles and practices
- Planning, Tracking, Reporting & Governance - Communicate regular updates to key stakeholders while resolving high priority issues affecting delivery, by making work visible in Jira. Using experience to address critical risks/issues/dependencies, taking responsibility for critical issues while ensuring resolution within agreed timescales
- And you'll influence positively - demonstrating the right values and behaviours and encouraging this in team members
- The skills and confidence to build effective and high trust relationships quickly and broadly across the wider organisation
What the job involves
- The purpose of the Product Owner is the overall ownership of a specific product which contains features, journeys, or technology components
- This role is responsible for overseeing the release of incremental value within a specific product feature or technology component, with the primary aim of delivering value to customers and stakeholders by ensuring the team focuses on the right priorities
- Facilitate agile ceremonies and ensure alignment with the Platform Change Framework (PCF), promoting team adherence and continuous improvement
- Define and prioritise user stories and acceptance criteria, manage the team product backlog, and collaborate with Customer Journey Managers to enhance customer experiences
- Oversee end-to-end product change governance and business readiness activities, including training, communications, testing, and implementation planning
- Coordinate with Integrators on complex changes spanning multiple platforms and contribute to the overall product vision and roadmap alongside senior Product Owners
- Support team OKRs, track product performance and benefits realisation, implement development frameworks, and mentor others across the organisation
- Demonstrate resilience and creativity in resolving blockers, uncover emerging issues, and assess the feasibility of financial product proposals with guidance from senior colleague
Application process
- End Date: August 28, 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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