- As a senior member of the UK Private Banking leadership team, the Head of UK Private Banking Proposition and Products is accountable for UK Private Banking proposition and products, this is one of the Group’s key growth businesses
- The role is accountable for the end-to-end UK Private Banking proposition, manufactured fiduciary products, influence over Group-manufactured banking and lending products, and ownership of the UKPB P&L
- Combining customer insight, commercial performance, product development, pricing and distribution, the role will create a distinctive proposition for high-net-worth customers and deliver sustainable growth, strong customer outcomes and increased Group value
- Own and continuously evolve the UKPB proposition, ensuring it remains differentiated, competitive and aligned to customer needs
- Define the proposition roadmap across banking, lending, wealth connectivity, fiduciary services, digital journeys and partnerships
- Use customer insight, market intelligence and performance data to find opportunities and prioritise investment
- Own the design, management and governance of UKPB-manufactured products, including Trusts and Estates
- Ensure products remain commercially viable, compliant, resilient and deliver good customer outcomes
- Represent UKPB customer and commercial requirements with Group product manufacturers
- Influence product strategy, prioritisation, pricing and governance across banking, savings, payments, mortgage and lending products
- Ensure proposition and product decisions deliver good customer outcomes and meet regulatory requirements
- Translate strategy into prioritised delivery plans with clear ownership and measurable benefits
- Lead and develop a high-performing proposition, product and delivery team
Benefits
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our ‘Your Tomorrow’ scheme. You can decide how much you save and get a say in where your contributions are invested.
Senior leadership experience in private banking, wealth management, banking propositions or product managementKnowledge of banking, lending and wealth-related products, with fiduciary experience advantageousA track record of building and leading high-performing teamsStrong commercial leadership with experience of P&L ownership, pricing and performance managementDeep understanding of product governance, lifecycle management and customer outcomesExperience influencing across complex organisational structures and leading large-scale changeProven success creating and delivering customer propositions and product strategiesStrong critical thinking, partner management and decision-making capabilities
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Head of UK Private Banking Proposition and Products employer: Lloyd's
Lloyd’s is an exceptional employer that prioritises integrity and excellence in the financial services sector. With a strong commitment to employee development, you will find ample opportunities for growth and advancement within a collaborative and supportive work culture. Located in the heart of London, our dynamic environment fosters innovation and offers unique benefits, including access to industry-leading training programmes and a diverse network of professionals.