At a Glance
- Tasks: Lead the strategy and development of innovative banking products that meet customer needs.
- Company: Join a purpose-led organisation focused on making a difference in financial services.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Be part of a diverse team committed to creating an inclusive workplace.
- Why this job: Shape the future of banking while leading a high-performing team in a dynamic environment.
- Qualifications: Experience in product management, strategic thinking, and stakeholder engagement required.
The predicted salary is between 106565 - 125370 £ per year.
We support flexible working - Flexible Working Options
We're looking for an experienced product leader to lead one of our newly set up labs and take ownership of the Personal Current Account product portfolio. You'll be responsible for defining and evolving our current account products, ensuring they meet customer needs, deliver strong commercial outcomes and comply with regulatory requirements. Leading a team of senior product leads, you'll shape product strategy, oversee product development and work across business, technology, risk and operations teams to bring new propositions to market and improve existing products. This is a senior leadership role requiring strong strategic thinking, commercial judgement, stakeholder management and experience operating within a regulated environment. You'll play a key role in shaping the future of UK's largest current account portfolio.
Salary: £106,565 - £125,370 pa
Location: Bristol, Leeds, Halifax, Edinburgh and Manchester
Hours: Full time - 35 hours
Working pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at one of our office sites.
About this opportunity
We're looking for a Head Product Lead to lead the strategy, development and ongoing management of our Personal Current Account product portfolio. This is a high-impact leadership role within Everyday Banking, responsible for some of the most important customer products in the Group. You'll shape the future of our current account propositions, ensuring they continue to meet customer needs, deliver strong commercial outcomes and align with evolving regulatory requirements. The role sits at the heart of product ownership, bringing together proposition development, pricing, governance, risk management and product performance. You'll play a key role in determining how our products evolve, using customer insight, market intelligence and business performance data to inform strategic decisions and investment priorities.
This is a role for someone who enjoys solving complex challenges, balancing customer, commercial and regulatory considerations and leading through change. You'll bring a pragmatic approach to decision making and be comfortable operating in a fast-moving and highly regulated environment.
Insights from the hiring manager highlight that this role is central to ownership of core current account products, with significant accountability for proposition, pricing, governance and regulatory oversight across the portfolio.
Key responsibilities include:
- Leading the strategy, development and lifecycle management of our Personal Current Account products.
- Defining and evolving customer propositions, pricing strategies, product features and customer benefits.
- Finding opportunities to improve customer experience, customer outcomes and commercial performance.
- Developing product roadmaps and prioritising investment decisions to maximise value.
- Using customer insight, market intelligence and performance data to support strategic decision making.
- Ensuring products remain aligned to governance, risk and regulatory requirements throughout their lifecycle.
- Leading product reviews, regulatory change implementation and control activities.
- Building strong partnerships across business, technology, operations and risk teams.
- Managing important supplier and partner relationships that support the product portfolio.
- Leading, coaching and developing a team of product leaders and specialists.
- Representing the portfolio within senior leadership and governance forums.
About us
Like the modern Britain we serve, we're evolving. Investing billions in our people, technology and data capabilities, we're creating a purpose-led organisation that helps Britain prosper. Our colleagues are passionate about making a difference to customers, businesses and communities across the UK. Together, we're building a more sustainable and inclusive future whilst transforming the way we deliver products and services.
What you'll need:
- Product Strategy & Product Management: Experience defining product vision and strategy, leading complex product portfolios and translating long-term goals into clear priorities, roadmaps and measurable outcomes.
- Commercial Decision Making: Strong commercial awareness, with experience balancing customer needs, business goals, technology considerations and risk requirements to drive sustainable growth and customer value. Experience managing budgets, forecasts and investment decisions.
- Data-Driven Insight & Customer Focus: Ability to use customer insight, market intelligence, experimentation and performance data to identify and explore opportunities, improve customer outcomes and inform strategic decision making.
- Risk & Regulatory Management: Experience operating within a regulated and controlled environment, with strong governance, risk and regulatory awareness across the product lifecycle. This role has significant accountability for product governance, pricing and regulatory compliance.
- Stakeholder Management & Influencing: Proven ability to build strong relationships and influence senior collaborators across business, technology, operations and risk functions, aligning priorities and driving successful outcomes.
- People Leadership & Organisational Capability: Experience leading and developing high-performing teams, building capability and creating an inclusive environment where colleagues can learn, collaborate and thrive through change and complexity.
About working for us:
Our ambition is to build a purpose-led organisation where skilled people can do their best work and make a real difference for customers. We value diverse perspectives, encourage continuous learning and empower colleagues to shape the future of our products and services. This is a fantastic opportunity to lead at scale, influence strategic direction and help build high-performing product teams that deliver meaningful outcomes for customers, colleagues and the business! 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'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.
Head Product Lead in Leeds employer: Lloyds Bank plc
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Cardiff that fosters professional growth and collaboration. With a competitive salary package, generous benefits including a robust pension scheme and flexible working options, employees are empowered to thrive both personally and professionally. The company prioritises inclusivity and well-being, ensuring that all team members can achieve their full potential while making a meaningful impact in the SME banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Head Product Lead in Leeds
✨Join Product Management Meetups
Get involved in local product management meetups or workshops. These events are perfect for meeting industry folks, sharing ideas, and staying updated on trends. Plus, you never know who might be hiring—it's a fantastic way to make connections that could lead to a job at places like Lloyds Bank plc!
✨Show Off Your Product Sense
Create case studies or mini-projects showcasing your product management skills, and share them on platforms like Medium or LinkedIn. This not only puts your skills on display but also boosts your visibility in the product community. Imagine how impressed the hiring team at Lloyds Bank plc would be by your initiative!
✨Utilise Online Communities
Dive into online product management communities like Product Coalition or Mind the Product. Engage in discussions, ask questions, and share your insights. These platforms are goldmines for networking and finding hidden job opportunities—many companies often scout talent from within these circles.
✨Leverage Your University Network
If you’ve recently graduated or are still in uni, tap into your alumni network for connections in product management. Many universities have their own job boards and affinity resources to help graduates land roles. Don't forget to keep an eye out for job openings at Lloyds Bank plc through your school's career services!
We think you need these skills to ace Head Product Lead in Leeds
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Head Product Lead, let your passion for developing products shine through in your cover letter. Share specific examples of products you've managed, how you solved user needs, and any successful outcomes you've achieved. This is your chance to showcase your understanding of the product lifecycle!
Highlight Your Cross-Functional Skills:Product management isn't just about understanding the product; it’s about collaborating with different teams! Make sure to emphasise your experience working with developers, designers, and marketers. Use your CV to showcase your ability to bridge gaps between these areas, and include relevant experiences that demonstrate your communication and leadership skills!
Include Your Metrics and Achievements:In a full-time product management application, data speaks volumes! Quantify your achievements wherever possible. Did you increase user retention by a certain percentage? Launch a product ahead of schedule? Include these metrics in your CV to paint a picture of your impact and effectiveness in previous roles.
Tailor Your CV to the Role:Make sure your CV is tailored for the Head Product Lead position at Lloyds Bank plc. Use keywords from the job description and ensure your relevant experiences are front and centre. Highlight any certifications or relevant training you’ve completed that will make you stand out as a strong candidate for the role. And remember, we’re excited to see your application on our website!
How to prepare for a job interview at Lloyds Bank plc
✨Understand the Product Life Cycle
As a product management candidate, we need to get our head around the complete product life cycle. Be prepared to discuss real-world examples of how you’ve managed product development from ideation to launch. Bring specific insights on tools like JIRA or Trello that can help streamline these processes.
✨Showcase Your Cross-Functional Skills
Product management is all about collaboration. We should be ready to highlight how we’ve worked across teams—think marketing, engineering, and design. Prepare to discuss scenarios where you had to mediate differing opinions and how you got everyone on board with a shared vision.
✨Prepare for Case Studies
In a full-time role, we can expect to encounter case study questions during our interviews. Practise solving hypothetical product problems on the spot, such as prioritising features for a new app or improving user engagement metrics. This will show our analytical thinking and decision-making skills.
✨Know Your Metrics
Let’s face it, numbers are our best friends in product management. We should prepare to discuss key performance indicators (KPIs) and how we've used analytics to inform product decisions. Dive into examples where data has driven our strategy for improvements or justified product changes.
