Business Analyst
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Position Overview & Specifications
Agile Working Options Other Agile Working Arrangements / Open to Discussion Job Description Summary Sitting within the Scottish Widows Brand, the new Colleague Lab has been set up as part of the Business & Technology Enablers Platform (B&TE) and our aim is to drive forward changes which make life easier for not only our Customers but to also our Colleagues. Job Description As one of the leading retail banks in the UK, Lloyds Banking Group is undertaking a major transformation. Our goal is to put technology at the forefront of our culture and transform banking. Our Insurance, Pensions and Investments Labs are improving support to our customers throughout their financial lives, with clear, straightforward customer journeys, helping empower them to make the right decisions on insurance and protection needs. Sitting within the Scottish Widows Brand, the new Colleague Lab has been set up as part of the Business & Technology Enablers Platform (B&TE) and our aim is to drive forward changes which make life easier for not only our Customers but to also our Colleagues. This role will be helping our Online conversations team in gaining an understanding on how we can help drive the implementation of new online messaging platforms to our customers using our website and online servicing platform (including self-serve within secure site). We are looking for people who are excited about being part of a new and dynamic Platform, that are willing to challenge the norm on what is currently seen as 'Go To' processes within our Operations, and help change the way our Colleagues serve our customers support our Lab Goal of: "Relentlessly focusing on creating a scalable operating model that dramatically improves colleague and customer experience" Role Requirements:
- Analyse key themes using data from a wide range of sources and identify possible impacts on the business.
- Clear understanding of business analysis methodologies and techniques and their practical application
- Development and documenting of 'as is' and 'to be' process models
- A desire to learn and ask the difficult questions
- Identify underlying business needs to be addressed, reviewed and ensure requirements will resolve the defined business problem.
- Demonstrate knowledge and experience of Agile delivery methods and passion to support the further introduction of Agile techniques.
- A dynamic and adaptable individual who is able to use and learn new skills in varying circumstances.
- Experience of gathering and analysing requirements and information using comprehensive tools and techniques. Using standard tools such as Jira/Confluence
- A natural facilitator and decision-maker, enabling teamwork across different business teams.
- Analytical problem solver.
- Demonstrate the ability to work at a detailed level.
- Ability to influence positively when demonstrating the Group’s values and behaviours.
- Good interpersonal and collaboration skills
- Discretionary bonus
- Cash sum of 4% which you can exchange for a variety of benefits or simply take the cash
- Private Medical Insurance
- Pension, where we'll give up to a max of 15%
- Share plans
- 28 days holiday plus 8 bank holidays
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
United Kingdom Right to Work & Skilled Worker Visa Guide
Employment in the United Kingdom requires legal Right to Work verified under the Home Office Points-Based Immigration System:
Sponsoring employers must hold an active Home Office A-rated Sponsor License and assign a valid Certificate of Sponsorship (CoS). Role must meet the general minimum salary threshold (£38,700) or occupation going rate.
Continuous employment under Skilled Worker status establishes eligibility for Indefinite Leave to Remain (ILR) after 5 continuous years, leading to British Citizenship.
Candidate Preparation Blueprint: Banking & Lending
Based on transatlantic hiring benchmarks for Business Analyst roles across Lloyds Banking Group's corporate sector, successful applicants typically excel across three core dimensions:
Demonstrated portfolio evidence, architecture/system design case studies, or validated professional certifications directly applicable to Banking & Lending.
STAR method competency responses highlighting cross-functional leadership, conflict resolution, and delivering measurable enterprise ROI under tight timelines.
Total compensation expectation aligned within the benchmarked £29,712 - £37,140 bracket, including retirement vesting and health parity.
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