At a Glance
- Tasks: Lead the development and delivery of innovative Payments-as-a-Service solutions.
- Company: Join the UK's largest digital bank and drive exciting growth opportunities.
- Benefits: Generous pension, performance bonuses, share schemes, and 30 days holiday.
- Other info: Hybrid working model with a dynamic team and excellent career progression.
- Why this job: Shape the future of payments and make a real impact in fintech.
- Qualifications: Experience in payments, product development, and strong strategic thinking skills.
The predicted salary is between 126523 - 148850 £ per year.
This is an exciting opportunity for an entrepreneurial individual to join the UK’s largest digital bank and expand into new revenue opportunities using existing Group capabilities and technologies to external clients. The Product Lead, Payments-as-a-Service (PaaS) will lead the development, commercialisation and delivery of the Group’s expanded “Payments as a Service” ambition, shaping the future of PaaS across internal and external partners.
Salary: £126,523 – £148,850
Location: London
Working Pattern: Hybrid; at least two days per week at our office.
Responsibilities
- Strategy & Vision for Payments-as-a-Service: Define the strategic vision and multiyear roadmap for the Group’s PaaS capabilities; assess market trends and regulatory change; shape commercial and operating models; build business cases and secure funding.
- Proposition & Product Development: Identify customer needs and design innovative PaaS propositions; own end‑to‑end product lifecycle, including discovery, framing, scoping, design, MVP definition and delivery oversight; lead proposition development for existing and new markets; partner with engineering, architecture, treasury, payments operations and regulatory teams to ensure designs are scalable, compliant, secure and commercially viable.
- External Business Development: Actively explore partnership opportunities with commercial models, joint propositions or collaborations.
- Delivery Leadership & Roadmap Execution: Define and prioritise the PaaS roadmap; guide cross‑functional delivery, ensuring clarity on value, scope, KPIs and customer outcomes; oversee launch and BAU optimisation of new PaaS journeys.
- Commercial Outcomes & Investment Performance: Develop investment cases, track commercial, operational and customer outcomes; own performance metrics, reporting and continuous improvement actions; work with finance, commercial teams and business units to shape pricing, value models and commercial constructs.
Qualifications
- Deep understanding of payments, including cards, wallets and emerging technologies.
- Background in commercial, strategy or product leadership roles in payments‑focused fintechs or banks.
- Technical background and experience in product development of software products/services.
- Proven experience building, launching and managing new payments products, services or platforms in the business market, including large merchants, payments companies and financial institutions.
- Strong experience in developing commercial propositions and constructing detailed business cases.
- Experience designing, launching or scaling new markets, propositions or business models, including white‑label, embedded or platform‑based solutions.
- Ability to influence senior stakeholders and secure alignment and investment across complex organisations.
- Strong analytical, strategic thinking and structured problem‑solving skills.
Additional Experience That Would Be Useful
- Extensive knowledge of API‑based platforms, embedded finance, Banking‑as‑a‑Service and technical financial infrastructure.
- Experience working in environments requiring both innovation and appropriate risk management.
- Demonstrated ability to operate at pace, with ambiguity, and create clarity where little exists.
Benefits
- A generous pension contribution of up to 15 %
- An annual performance‑related bonus
- Share schemes including free shares
- Benefits that can be adapted to lifestyle, such as discounted shopping
- 30 days holiday, plus bank holidays
- Wellbeing initiatives and generous parental leave policies
Head of PaaS Product & Growth in London employer: Lloyds Banking Group
Join the UK’s largest digital bank as the Head of PaaS Product & Growth, where you will thrive in a dynamic and innovative work culture that champions entrepreneurial spirit and collaboration. With a generous benefits package including a substantial pension contribution, performance-related bonuses, and flexible lifestyle benefits, this role offers exceptional opportunities for professional growth and development in the heart of London. Embrace the chance to shape the future of Payments-as-a-Service while enjoying a supportive environment that prioritises employee wellbeing and work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Head of PaaS Product & Growth in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the fintech space. Attend industry events, webinars, or even local meetups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your expertise! Create a personal brand online by sharing insights about Payments-as-a-Service on LinkedIn or Twitter. This not only showcases your knowledge but also attracts potential employers who are looking for someone with your skills.
✨Tip Number 3
Prepare for interviews like it’s game day! Research the company’s PaaS offerings and think about how you can contribute to their growth. Be ready to discuss your past experiences and how they align with the role. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly shows your enthusiasm and commitment to joining our team. Let’s make it happen!
We think you need these skills to ace Head of PaaS Product & Growth in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Head of PaaS Product & Growth. Highlight your experience in payments and product development, and don’t forget to showcase any relevant achievements that align with our vision for Payments-as-a-Service.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about PaaS and how your background makes you the perfect fit. Be sure to mention specific projects or experiences that demonstrate your strategic thinking and leadership skills.
Showcase Your Analytical Skills:We love data-driven decision-making! In your application, include examples of how you've used analytics to shape product strategies or improve performance metrics. This will show us you can think strategically and deliver results.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your PaaS Inside Out
Make sure you have a solid understanding of Payments-as-a-Service and the latest trends in the payments industry. Familiarise yourself with the company's current offerings and how they align with market needs. This will help you articulate your vision for the role and demonstrate your expertise.
✨Showcase Your Strategic Thinking
Prepare to discuss your experience in defining strategic visions and roadmaps. Think of specific examples where you've successfully shaped product strategies or commercial models. Be ready to explain how you assess market trends and regulatory changes, as this is crucial for the Head of PaaS Product & Growth role.
✨Highlight Your Cross-Functional Leadership
This role requires collaboration across various teams. Share examples of how you've led cross-functional projects, ensuring clarity on value, scope, and KPIs. Emphasise your ability to influence senior stakeholders and secure alignment, as this will be key to your success in the position.
✨Prepare for Business Development Discussions
Since external business development is a big part of this role, think about potential partnership opportunities you could explore. Be ready to discuss how you've previously identified customer needs and designed innovative propositions that drive growth. This will show your entrepreneurial spirit and readiness to expand the company's PaaS capabilities.
