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Product Owner

Lloyds Banking Group
Bristol, United Kingdom
Closing date
26 Apr 2024

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Job Details

End Date
Thursday 25 April 2024

Salary Range
£71,825 - £84,500

We support flexible working - click here for more information on flexible working options

Flexible Working Options
Hybrid Working

Job Description Summary
JOB TITLE: Product Owner
LOCATION(S): Bristol or Edinburgh
HOURS: Full time
WORKING PATTERN: Our work style is hybrid, which involves spending two days per week, or 40% of our time at one of our hubs.

The purpose of the Product Owner is the overall ownership for a single product backlog which contains 2-3 features, journeys or technology components.

They are typically a Lab or Team Lead (containing 2-3 Feature or Component teams), reporting into the Business Platform Lead or Lab Lead.

This role is responsible to oversee the release of incremental value within an overall product, with the primary aim of delivering value to customers and stakeholders by ensuring the team focuses on the right priorities.

Job Description

What you'll Do:

Leading a team delivering for the Cost and Investment Management business stakeholders. It's a critical year with a major change to technology and process planning in January 2025, followed by ongoing support and iterative improvement. An Exciting role managing collaborators across Finance, the wider bank and external suppliers, whilst reporting to the Lab Product Owner ensuring successful delivery of Headline Key Results aligned to business priorities.

You'll also work together with your Lead Engineering counterpart in a 'two-in-a-box' model to jointly lead the product team providing a great value proposition to your stakeholders.

You'll also lead agile multi-disciplinary teams by blending both deep domain and technical expertise across a number of component and feature teams who build, deploy, and maintain capabilities and services enabling earlier value release for our customers. Engage with senior business leaders to understand long-term strategic priorities and be able to articulate a Product Vision and Roadmap to take your collaborators on the journey.
  • Supports development of Lab or Team OKRs and provides product performance and benefits realisation data
  • Defines user-stories at Lab or Team level to meet customer needs
  • Work with Customer Journey Manager to analyse user stories for customer journey improvements
  • Shape Product vision and roadmap.
  • Prioritise, refine and manage 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.
  • PO’s are accountable but activities to be delivered by the whole ‘team’.
  • Play a role in developing capabilities within their functional area and invests in personal and team growth through mentoring and other informal methods
  • Work with Integrators when change is particularly large
  • Continuously show and prove the value of the team’s outcomes.
  • Take responsibility to formally grow capabilities within the Finance business, while personally investing in the growth of own and others' capabilities elsewhere in the organisation through mentoring and other informal methods.
  • Hire and grow delivery talent as well as coaching and mentoring colleagues to enable them to reach their full potential.
  • Play a key role in the transformation of data and its migration from legacy to Google cloud.

About you:

  • Strength in collaboration as the Finance Platform requires its Labs and Programmes to collaborate in building end-to-end Finance products and services across LBG; so, collaboration needs to be a key part of your DNA.
  • A Strategic problem solver when defining a product vision and direction in the delivery of a complete product experience from initiation to implementation and support.
  • Expertise in product ownership and management, proto-typing, building, deploying, and maintaining large scale data solutions.
  • Ability to lead multi-disciplinary, mixed, geographically distributed teams across the project lifecycle.
  • An experienced product owner and leader, able to inspire and encourage the best from their teams, who can relate to our customer’s challenges and translate their emotions into real solutions.
  • Ability to lead a team aligning them toward common goals with conviction, compassion, and diplomacy.
  • Ability to communicate, translate and present critical information to multi-skilled people and teams at different levels in the organisation, understanding their differing needs.
  • A researcher who has a deep understanding of their customers and market with the ability to untangle and interpret the wealth of information into meaningful strategies.
  • Data domain skills and an understanding of the technology behind your product as well as understanding how it is built and that entails methodologies, processes and tools used to create efficient teams and agile delivery.
  • Strength in financial management so that you can operate as an accountant for your product.
  • Co-ordination and management skills to ensure you have a handle on the endless list of tasks, dependencies, risks, and achievements.
  • Able to show capability to change, evolve and to learn new tools and techniques and help and encourage others to do likewise.

About working for us:

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups.

We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
  • We also offer a wide-ranging benefits package, which includes:
  • A generous pension contribution of up to 15%
  • An annual performance-related bonus
  • Share schemes including free shares
  • Benefits you can adapt to your lifestyle, such as discounted shopping
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.


We’re creating an organisation that attracts, retains and develops the best talent in the industry, and one that openly embraces diversity too. But more than that – we want to be a great place to work. We invest in our people, offering the best training and coaching, and by encouraging them to contribute to our leading corporate and social responsibility practices. We offer flexible working hours and days, under our Work Options scheme. This means that you can have a challenging and rewarding career, and still have an ideal work/life balance.

Flexible working is at the heart of our strategy. We’re re-imagining where, when, and how our people work, with new approaches designed to meet the ever-changing needs of customers and colleagues. These include increasing our use of remote-working tools and technology, as well as placing less reliance on a 9-to-5 mindset. For many of our office-based colleagues, we work in hybrid ways which involves spending at least two days per week or 40% of their time at one of our office sites.

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