At a Glance
- Tasks: Lead innovative projects from ideation to implementation, focusing on AI and market trends.
- Company: Join a forward-thinking finance company shaping the future with technology and inclusivity.
- Benefits: Competitive salary, hybrid work options, and opportunities for professional growth.
- Other info: Be part of a diverse team committed to creating an inclusive workplace.
- Why this job: Make a real impact in finance while driving innovation and commercial value.
- Qualifications: Experience in AI, strong commercial thinking, and excellent stakeholder management skills.
The predicted salary is between 60000 - 75000 £ per year.
Full‑time, Hybrid work pattern (at least two days per week at an office). Flexible working options available.
Key Responsibilities
- Innovation & Insight – Maintain a pioneering perspective on emerging AI and other innovation trends, interpret market, competitor and technology developments to identify opportunities and risks, and translate insight into actionable innovation propositions aligned to strategic priorities.
- Commercial Value Creation – Develop robust, data‑driven recommendations with clear articulation of costs, benefits, risks and ROI; ensure initiatives are grounded in strong commercial logic and deliver tangible, measurable outcomes; define success metrics and track benefits realisation post‑delivery.
- Ecosystem & Partnership Development – Build and maintain strong relationships across the UK startup and innovation ecosystem, identify and onboard external partners (particularly those maximising AI‑led capabilities), and represent the organisation externally to enhance its innovation brand.
- Delivery & Execution – Lead initiatives end‑to‑end—from ideation through pilot to scaled implementation—using structured innovation approaches such as test‑and‑learn, rapid prototyping and experimentation frameworks, navigating ambiguity and unblocking issues to maintain momentum.
Leadership & Behavioural Expectations
- Acts with ownership and accountability for outcomes.
- Thinking commercially, customer‑obsessed and focused on delivering value.
- Simplifies complexity and prioritises what matters.
- Adapts quickly and leads well in ambiguous environments.
- Influences senior stakeholders and guides executive decision‑making with compelling evidence and narrative.
Why Join Us?
We are shaping the future of finance with a focus on innovation, technology and inclusive culture. You will have a key role in delivering high‑impact initiatives that benefit millions of customers and drive commercial value at scale.
Essential Qualifications
- Proven understanding of emerging AI and its practical application.
- Ability to build data‑driven, financially robust business recommendations and deliver initiatives end‑to‑end.
- Strong commercial thinking with a focus on measurable outcomes.
- Excellent stakeholder management and influencing skills.
- Experience engaging with startups, ecosystems or external partners.
Desirable Qualifications
- Existing connections within London and UK innovation ecosystems (e.g. FinTech Scotland, accelerators, venture networks).
- Experience in financial services or regulated industries.
- Experience working with AI solutions, digital transformation or innovation programmes.
Equality, Diversity and Inclusion
We are a Disability Confident Leader and provide reasonable adjustments for applicants with disabilities. We celebrate diversity and are committed to building an inclusive workplace where everyone can thrive.
Senior Innovation Manager employer: Lloyds Bank plc
Join us in Edinburgh as a Senior Innovation Manager, where you'll be at the forefront of shaping the future of finance through innovation and technology. We offer a dynamic work culture that prioritises flexibility and inclusivity, alongside robust opportunities for professional growth and development. With a commitment to diversity and a focus on impactful initiatives, you will play a vital role in delivering value to millions of customers while collaborating with a vibrant ecosystem of startups and partners.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Innovation Manager
✨Leverage Innovation Hubs
Tap into local innovation hubs and research centres. These places often host events and workshops where you can meet like-minded people and industry leaders. Plus, they might have job openings that aren't widely advertised, so keep your ears open!
✨Showcase Your Projects
Turn your past innovation projects into compelling stories. Create a portfolio showcasing your creativity and problem-solving skills. This can give hiring managers a real flavour of what you can bring to the table at companies like Lloyds Bank plc.
✨Connect at Industry Conferences
Make it a point to attend industry conferences and seminars focused on R&D and innovation management. These events are fantastic for networking and often have job boards or career fairs where you can connect directly with firms looking for talent.
✨Use Your University’s Resources
If you're fresh out of university, don't forget to tap into your institution's career services. They often have exclusive partnerships with companies seeking new talent in R&D, especially for full-time roles. It's a good shortcut to landing a gig at places like Lloyds Bank plc.
We think you need these skills to ace Senior Innovation Manager
Some tips for your application 🫡
Showcase Your Creative Thinking:In innovation and R&D management, it's all about thinking outside the box. Make sure your CV highlights any projects or experiences that showcase your creative problem-solving skills. Use specific examples to illustrate how you've developed and implemented innovative ideas in previous roles.
Tailor Your Experience to R&D:When you're crafting your CV, focus on your experience in research and development. Highlight any relevant projects you've worked on, including methodologies used and results achieved. This will show us at Lloyds Bank plc that you understand the R&D process and can contribute meaningfully to our projects.
Let Your Passion Shine in the Cover Letter:For a full-time role like this, your cover letter should reflect your genuine passion for innovation and development. Share your excitement about the opportunity to work at Lloyds Bank plc and touch on how your goals align with our mission. This helps us see your motivation for wanting to join our team!
Quantify Your Achievements:Numbers speak volumes in R&D! Whenever possible, quantify your achievements in your CV. Whether it’s a percentage improvement in project outcomes, the budget size you’ve managed, or the number of successful products you've launched, these figures will help paint a clearer picture of your impact and capabilities.
How to prepare for a job interview at Lloyds Bank plc
✨Show Off Your Innovative Thinking
In an Innovation R&D Management role at Lloyds Bank plc, they're going to want to see how you approach problem-solving. Be ready to discuss previous projects where you introduced a new idea or process. Highlight your ability to think outside the box and provide examples where your innovations drove significant results.
✨Familiarity with Tools and Technologies
Make sure you're clued up on the latest tools and technologies related to innovation management, such as project management software and data analysis platforms. Being able to discuss specific tools you’ve used or have experience with will show Lloyds Bank plc that you’re ready to hit the ground running.
✨Demonstrate Collaboration Skills
Since this is a full-time gig, emphasising your teamwork skills will be essential. In innovation, collaboration often sparks the best ideas, so be ready to talk about how you've worked effectively within cross-functional teams in your past roles. Have concrete examples at the ready!
✨Prepare for Scenario-Based Questions
Expect some scenario-based questions in your interview that reflect real challenges you might face in the role. £At Lloyds Bank plc, they might want to see how you handle tight deadlines or manage conflicting ideas within a team. Prepare some responses that demonstrate your critical thinking and decisiveness in high-pressure situations.
