At a Glance
- Tasks: Lead strategic initiatives and empower a team of 50 to drive customer relationships.
- Company: Join Lloyds Banking Group, a leading UK digitally-led relationship bank focused on transformation.
- Benefits: Enjoy flexible hybrid working, generous pension contributions, annual bonuses, and wellbeing initiatives.
- Why this job: Make a real impact on social sustainability while shaping the future of banking.
- Qualifications: Strong leadership, strategic planning, and commercial acumen required; experience in banking is a plus.
- Other info: We celebrate diversity and are committed to an inclusive workplace.
The predicted salary is between 72000 - 100000 £ per year.
Time Type: Full time Flexible Working Options: Hybrid Working Within Business and Commercial Banking (BCB) we’re on an exciting journey to become the leading UK digitally-led relationship bank, with significant investment to transform the customer experience and digitise our offering. The MD Customer Propositions & Strategy plays a key role in strengthening, deepening and growing our customer relationships with accountability for four critical strategic initiatives across the BCB business unit: You’ll work closely with other senior executives across the business and the wider Group to leverage data, customer insight and market intelligence to inform our approach and influence stakeholders to make bold strategic decisions. This is a place where your thought leadership will build the business of tomorrow. You’ll lead a team of approximately 50 talented colleagues and will need to set a motivating vision for what we’re trying to achieve, empowering them to deliver high performance and providing effective coaching and broader support for personal development. You’ll report into the MD of Digital Banking, Analytics and Propositions but be expected to have a close and trusted relationship with all members of the BCB executive committee and the CEO in particular. Lead our social sustainability and inclusive business agenda, driving improvements to access to finance to under-represented groups and regions. Build and communicate business cases grounded in strong commercial rigour. Effectively manage relationships across the BCB and broader LBG network to drive maximum impact. Ensure an effective system of risk management and controls. Strategic Planning: Ability to envision a desired future and translating this vision into clearly defined goals. Customer and Market Analysis: Ability to use data to draw insights in customer behaviour and market dynamics. Commercial Acumen: Deep commercial understanding and ability to use data to predict changing customer needs. Creative and able to make sense of complex information. Risk Management: Takes a pro-active approach to identifying and managing risk. Demonstrate knowledge of business and commercial banking industry, including external knowledge of industry best practice. 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’re disability confident. We Also Offer a Wide-Ranging Benefits Package, Which Includes: A generous pension contribution of up to 15% An annual bonus award, subject to Group performance Share schemes including free shares Days’ holiday, with bank holidays on top A range of wellbeing initiatives and generous parental leave policies At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. 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. #
Executive Director of Policy and Strategy employer: Lloyds Bank plc
Contact Detail:
Lloyds Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Executive Director of Policy and Strategy
✨Tip Number 1
Familiarize yourself with the latest trends in digital banking and customer experience. Understanding how these trends impact strategy will help you engage in meaningful conversations with stakeholders during the interview process.
✨Tip Number 2
Network with professionals in the business and commercial banking sector. Attend industry events or webinars to connect with potential colleagues and gain insights into the challenges and opportunities within the field.
✨Tip Number 3
Prepare to discuss your experience in leading diverse teams and driving social sustainability initiatives. Highlight specific examples where you've made a positive impact on under-represented groups, as this aligns with our values.
✨Tip Number 4
Showcase your ability to leverage data for strategic decision-making. Be ready to share instances where you've used market analysis to inform business strategies, demonstrating your commercial acumen and risk management skills.
We think you need these skills to ace Executive Director of Policy and Strategy
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and expectations of the Executive Director of Policy and Strategy position. Highlight your relevant experience in strategic planning, customer and market analysis, and risk management in your application.
Showcase Leadership Skills: Emphasize your leadership experience, particularly in managing large teams and driving high performance. Provide specific examples of how you've empowered colleagues and fostered a motivating vision in previous roles.
Demonstrate Commercial Acumen: Illustrate your deep understanding of the business and commercial banking industry. Use data-driven insights to showcase your ability to predict changing customer needs and inform strategic decisions.
Align with Company Values: Make sure to align your application with the values and mission of Lloyds Banking Group. Highlight your commitment to inclusivity, social sustainability, and diversity, as these are key aspects of their organizational culture.
How to prepare for a job interview at Lloyds Bank plc
✨Understand the Strategic Vision
Make sure you have a clear understanding of the company's strategic vision and how the role of Executive Director of Policy and Strategy fits into that. Be prepared to discuss how your experience aligns with their goals and how you can contribute to shaping the future of the business.
✨Showcase Your Leadership Skills
As you'll be leading a team of approximately 50 colleagues, it's crucial to demonstrate your leadership style. Share examples of how you've motivated teams in the past, empowered individuals, and fostered a high-performance culture.
✨Highlight Your Commercial Acumen
Prepare to discuss your deep understanding of commercial banking and how you've used data to predict changing customer needs. Be ready to provide specific examples of how you've leveraged market insights to drive strategic decisions.
✨Emphasize Inclusivity and Sustainability
Given the focus on social sustainability and inclusivity, be prepared to discuss your experience in driving initiatives that improve access to finance for under-represented groups. Share your thoughts on how to build an inclusive business culture and why it matters.