At a Glance
- Tasks: Lead the commercial strategy for Business Banking, driving growth and delivering client value.
- Company: Join a forward-thinking financial group committed to diversity and innovation.
- Benefits: Generous pension, performance bonuses, share schemes, 30 days holiday, and wellbeing initiatives.
- Other info: Hybrid work model with a focus on inclusivity and professional development.
- Why this job: Shape the future of finance while influencing key investment decisions and strategies.
- Qualifications: Experience in commercial banking, strong leadership, and data-driven decision-making skills.
The predicted salary is between 70000 - 90000 £ per year.
SALARY: Competitive* Will be discussed at interview stage
LOCATION(S): London and Bristol
HOURS: Full Time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.
About this Opportunity
This is a high-impact leadership role shaping the commercial strategy for our Business Banking segment. You’ll set direction on where we grow, how we invest, and how we deliver value for clients. Working closely with Product, Finance, Data and Digital, you’ll turn insight into a clear commercial plan, drive actions to achieve the plan, influence priority of investment decisions and track commercial outcomes against the plan. If you enjoy combining strategy, data and commercial performance to drive growth at scale, this is a key role with real influence.
What you’ll be doing:
- Own the commercial strategy, plan and priorities for the Business Banking segment
- Own and track delivery of the commercial plan, including milestones, risks, actions and dependencies
- Partner with Finance and Product teams to manage P&L performance, revenue and profitability drivers
- Define priority sub-segments, sectors and growth opportunities using client and market insight, looking at client level profitability and lifetime value
- Lead needs-based segmentation to identify growth areas and priority sub-segments
- Shape and prioritise investment cases based on return, impact and feasibility
- Influence senior leaders and align teams to deliver growth while meeting risk and regulatory expectations
We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.
What we’re looking for?
- Experience managing commercial performance within Financial Services, preferably in SME or commercial banking
- Strong commercial and financial acumen, including knowledge of balance sheet and non-balance-sheet income drivers, profitability and value creation, with experience in forecasting, commercial planning leading to prioritisation of actions and investment decisions.
- Strategic and commercial leadership, with the ability to influence enterprise-level strategy and translate it into clear, prioritised plans that deliver measurable commercial results
- Experience using client, market and financial insight to define sub-segments, measure customer level profitability and lifetime value.
- Confident using data and insight, fluent with AI-enabled financial analysis
- Proven ability to influence senior leaders and deliver outcomes in complex, matrixed and regulated environments
- Proven ability to build, lead and develop high-performing teams. Drives a strong performance culture focused on customer outcomes, sustainable growth, effective risk management, and inclusive talent development
- Actively promotes diversity and inclusion, while developing and progressing talent
We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
This is a place for you
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.
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. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long‑term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
Benefits
- 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
Ready for a career where you’ll learn and thrive? Apply today and find out more.
Head of Commercial Strategy in London employer: Lloyds Banking Group
Join a forward-thinking organisation that prioritises diversity, equity, and inclusion while shaping the future of finance. With a hybrid working model, competitive benefits including a generous pension contribution and 30 days' holiday, and a strong focus on employee growth and wellbeing, this role offers a unique opportunity to lead commercial strategy in a dynamic environment. You'll be part of a culture that values innovation and collaboration, making it an excellent place for those looking to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Commercial Strategy in London
✨Dive Into Corporate Strategy Communities
Get yourself involved in online communities or forums focused on corporate strategy. Places like LinkedIn groups or specific Slack channels can hook you up with industry insights, trends, and many potential job leads. Don't hesitate to share your thoughts or ask questions; it’ll boost your visibility!
✨Attend Industry Conferences and Events
Keep an eye out for corporate strategy conferences or networking events in your area (or online!). These gatherings are gold mines for meeting hiring managers and making impactful connections. Plus, having a few good conversations can lead to job referrals at companies like Lloyds Banking Group!
✨Showcase Your Strategy Skills
Create content that showcases your knowledge of corporate strategy—think reports, blogs, or even video discussions. Sharing these on platforms like LinkedIn or Medium can demonstrate your expertise and make you stand out to employers looking for fresh talent.
✨Apply Directly Through Our Website
Don’t forget to apply for the Head of Commercial Strategy position at Lloyds Banking Group via our website! This shows your genuine interest, and who knows, you might just land that interview in a matter of days. Keep your application focused on how you can add value to their strategy team.
We think you need these skills to ace Head of Commercial Strategy in London
Some tips for your application 🫡
Show Us Your Strategic Thinking:When crafting your CV and cover letter, highlight your strategic analysis skills. Focus on past experiences where you've effectively assessed market trends or made impactful recommendations. Evidence-based achievements, like improving processes or contributing to significant projects, will help us see your potential for driving corporate strategy at Lloyds Banking Group.
Tailor Your Narrative:Don’t just send us a generic application! Personalise your cover letter by connecting your experiences and aspirations to Lloyds Banking Group’s mission and goals. We love seeing candidates who genuinely understand what we do; share how your vision aligns with ours and what you can bring to the table.
Highlight Relevant Academic Credentials:In your CV, make sure to showcase your academic background, especially if you have qualifications in business, economics, or analytics. We appreciate candidates who can back up their skills with relevant degrees or certifications, so don’t be shy about flaunting those achievements!
Utilise Professional Language:While we want you to be yourself, remember that corporate strategy roles demand a level of professionalism in communication. Use clear and concise language in your application materials, ensuring that your ideas come across as well-structured and sophisticated. It’s all about making a great impression right from the written application stage!
How to prepare for a job interview at Lloyds Banking Group
✨Master the Numbers
Corporate strategy often involves data analysis and financial forecasting. Brush up on your quantitative skills, and be prepared to handle case studies or numerical problems during the interview. We might get questions about how to approach market trends or assess the performance of a hypothetical company — so practice these scenarios!
✨Know Your Frameworks
Familiarity with strategic frameworks like SWOT, PESTLE, or Porter’s Five Forces can set you apart. We should be ready to discuss how we’d apply these tools to real-world business situations — maybe even relating them to Lloyds Banking Group. This shows we’re not just theory-happy but can articulate our practical application.
✨Engage in Strategic Conversations
In a full-time role like this, it’s crucial to show that we're engaged and informed about current trends in the industry. Keep up with major news and prepare to discuss how recent developments could impact strategic decisions at Lloyds Banking Group. This will demonstrate our passion and proactive approach to the field.
✨Showcase Relevant Experience
Whether through internships or projects, we should highlight any experience that relates to corporate strategy. Have specific examples ready to talk about how we’ve contributed to strategic growth or improvements. It's about showcasing our unique journey and how it will bring value to Lloyds Banking Group.
