Product Owner - Payment Services Platform, Edinburgh
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Position Overview & Specifications
Agile Working Options Flexibility in when hours are worked, Hybrid Working Job Description Summary Edinburgh Based Product Owner - to work with New Payments Architecture (NPA) Team. Job Description Who is Lloyds Banking Group (LBG)? We're the UK’s largest Digital, Retail and Commercial Bank with a focus on Helping Britain Prosper. We’re innovating products that help transform customer journeys – making millions of people’s lives simpler and better, all over the country, every single day. There’s never been a better time to be part of change – help us reinvent the boundaries of banking, and we’ll invest in your continued development, so you can craft your future career. Where does the role sit We’re looking to recruit a Team Product Owner (PO) to work in our New Payments Architecture (NPA) Lab, delivering the biggest change that Payments has seen this decade. NPA is a regulatory initiative that will change UK payments as we know them. Our NPA Lab sits in our Payment Services Platform (PSP), where our mission is to provide compliant and efficient payments capabilities for the Group and drive innovation to enable customers to move money confidently, quickly and securely. New payment architecture (NPA) is a regulatory initiative that will change UK payments as we know them. Working closely with Industry, the NPA team is replacing the complexity of the existing payments landscape with a new, more efficient infrastructure that will benefit from enhanced security and resilience. This multi-million-pound initiative has a new partnership with a leading FinTech company and is looking for people who are interested in working with exciting, innovative new technologies, such as Cloud and Software as a Service (SaaS). You'll play a pivotal role in realising our digital and data potential and crafting the Bank of the Future…Here’s what we’ll need from you:
- Product Owner experience ideally within a technology change environment, applying agile methodologies to optimise innovation development and delivery able to craft a product vision and define work to be done.
- Passionate and inspiring leadership qualities, empowering teams to tackle business problems and create customer value through delivering excellent solutions in response to customer needs.
- Ability to think ‘big’ but value incremental improvements with a data driven mindset
- Ability to influence alignment up and down the organisation and explain prioritisation decisions. Furthermore trusting and empowering the team with responsibility.
- Proactively drive the end-to-end delivery of initiatives through experiment cycles and facilitate the identification and management of new opportunities, ensuring projects are delivered safely and ethically, using help from our governance processes.
- Demonstration of competitor and opportunity awareness within the banking industry.
- Ability to move between technical and non-technical terminology.
- Working with Software Engineers and cross-functional teams to deliver technology change
- Cloud Migrations (Private / Public/Hybrid) and SaaS projects
- Payment Services /processes within a financial Services environment.
- Fostering collaborative, empowered teams, nurturing them to take ownership of the relevant outcomes.
- Story telling capability, to bring concepts/ priorities to life.
- A Discretionary Performance Share Award
- Generous pension contribution
- 30 Days leave plus bank holidays
- A flexible cash pot (4% of base salary) to spend on benefits or take as cash.
- Private health cover
- Share Schemes
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 Product Owner - Payment Services Platform, Edinburgh 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 £52,245 - £58,050 bracket, including retirement vesting and health parity.
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