Senior Product Designer - Innovation Lab
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Position Overview & Specifications
Agile Working Options Other Agile Working Arrangements / Open to Discussion Job Description Lloyds Banking Group is the UK’s leading bank with over 30m customers, and we’re the biggest digital bank, with over 18 million active online customers. We’ve placed an ambitious transformation programme and a multi-channel approach to banking at the heart of our strategy to be the best bank for customers. This is backed by significant investment in our platforms and people over the next three to five years Our Innovation team is looking towards the future, we’re exploring new product types, new market possibilities and new technologies to see how the future of the bank might look. We have a team of inquisitive people creating these new ideas, and we’re looking for a number of designers to complement the team. You'll be a design thinker and a design practitioner able to lead a workshop or sketch a storyboard and they’ll also be practiced storytellers able to construct a clear narrative around a new concept. This is a unique opportunity for a design all-rounder to help define new ways for us to engage and build relationships with our customers by supporting them with the right products, tools, and services. Using design principles, you’ll work with product owners to shape future products and services and create credible experiences. You'll be building on a core design skill but will be able to step into other roles and do much more. We're keen to hire someone with a talent for delivering outstanding customer outcomes by demonstrating behaviours aligned with our own. Here are some of the behaviours we'd love to see:
- Highly motivated, proactive, and driven to achieving individual and collective goals through cultivating an environment of innovation and continuous improvement.
- Experienced managing multiple design strands, able to prioritise and schedule work and capable of delivering clear leadership through design activities.
- Empathetic and engaging and enjoy building relationships and finding opportunities to bring people together.
- Credible in front of audiences and can offer a healthy challenge where appropriate.
- Calm and resilient under pressure, and can proactively identify new/potential risks, while being adaptable to emerging priorities.
- An innovative approach to problem solving and encourage input from others.
- Planning design activity to support future innovation initiatives
- Supporting our research team to make sure we're led by colleague, customer and market insight.
- Communicating with and influencing colleagues and customers, including those who come from digital and non-digital backgrounds, to manage expectations and incorporate multiple perspectives.
- Making good design decisions, bringing the user perspective to the forefront and challenging the validity of constraints.
- Sharing knowledge, generating ideas, and embedding design principles across product, service, and customer journeys.
- Experience in a range of research and design methods is essential.
- Understanding competitor analysis, concepting, workshop facilitation, visual design across multiple platforms, prototyping, and sketching.
- Excellent knowledge in interaction design and usability best practice
- Proficient with industry standard design & business tools, such as Adobe CC, Sketch, InVision and Figma.
- Competitive salary
- Discretionary bonus
- Private Medical Insurance
- Pension, where we'll give up to a max of 15%
- Share plans
- 30 days holiday (plus Public)
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 Senior Product Designer - Innovation Lab 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 £73,616 - £92,020 bracket, including retirement vesting and health parity.
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