At a Glance
- Tasks: Lead the Lloyds Wealth Lab, driving innovative strategies and enhancing client experiences.
- Company: Join a forward-thinking financial institution committed to diversity and inclusion.
- Benefits: Attractive salary, extensive benefits, hybrid work model, and opportunities for professional growth.
- Other info: Dynamic role with a focus on innovation and a supportive, inclusive culture.
- Why this job: Shape the future of wealth management while collaborating with diverse teams across the UK and India.
- Qualifications: 5+ years in wealth management and product ownership, with strong leadership and collaboration skills.
The predicted salary is between 106560 - 125300 £ per year.
Salary: £106,560pa to £125,300pa plus an extensive benefits package.
Location: Edinburgh or Leeds.
Hours: Full-time, hybrid workplace (minimum 2 days per week or 40% of time onsite).
Overview
As the Lab Product Owner you will lead the newly formed Lloyds Wealth Lab on the Waterfront Platform, partnering across wealth, insurance, pensions and investments to build and deliver the Lab’s ambitious strategy.
What you'll be doing
- Lead the establishment of a new Lab that will grow to over 50 FTE across the UK and India.
- Create and manage the experience strategy for the new Lloyds Wealth experience in collaboration with business, IP&I, brands, marketing and experience teams.
- Provide direction and vision to product owners, prioritising the right things to deliver value to clients and collaborators.
- Ensure all product owners, customer journey managers, engineering leads and senior integrators understand priorities and can add customer value both individually and as a team.
- Own journey management, optimising for reduced client and adviser pain‑points, cost of service and increased value delivery.
- Work with the Lab Engineering Lead to ensure the Lab has sufficient skills, knowledge and capacity to deliver.
- Accountable for platform key results, including cost of ownership, backlog delivery, simplification and customer satisfaction.
- Handle product risks with the Lab teams and engineering lead, ensuring the vision and roadmap align with platform strategy and policies.
- Shape and nurture the Lab culture, fostering collaborative, empowered teams and encouraging innovation while minimising risk through data‑driven testing and learning.
What you'll need
- Minimum 5 years experience in wealth management and advice, with operational and change roles that deliver features meeting client needs and regulatory demands.
- 5+ years of Product Owner experience, leading and prioritising backlogs, and supervising benefit realisation across customer, commercial and technology change.
- Experience collaborating with senior leadership and delivering on multi‑location teams across the UK and India.
- Ability to plan and run resources and budgets, prioritising tasks and ensuring efficient production of outstanding product features.
- Demonstrable experience of RAID management, running delivery risks and escalating at appropriate times and levels.
- Understanding of technology, particularly advice tools, CRM and digital technology, to aid the team through blockers and fit solutions into the wider IT ecosystem.
About working for us
Our focus is to ensure we are inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We welcome applications from under‑represented groups and are disability confident. If you would like reasonable adjustments to our recruitment processes, just let us know.
Lab Product Owner - Lloyds Wealth employer: Lloyds Banking Group
Lloyds Wealth is an exceptional employer, offering a dynamic and inclusive work environment in either Edinburgh or Leeds. With a strong focus on employee growth, the company provides extensive benefits and fosters a culture of collaboration and innovation, ensuring that every team member can contribute to meaningful projects while enjoying a hybrid work model that promotes work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Lab Product Owner - Lloyds Wealth
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lloyds Banking Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Lab Product Owner - Lloyds Wealth
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lloyds Banking Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lloyds Banking Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Lloyds Banking Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lloyds Banking Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lloyds Banking Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lloyds Banking Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
