End Date
Friday 06 June 2025
Salary Range
£124,653 - £146,650
We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job Share
Job Description Summary
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Job Description
JOB TITLE: Head of Core Banking Strategy
SALARY & BENEFITS; £124,650pa to £146,650pa plus the benefits listed below.
LOCATION: London
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at our London hubs.
Why Lloyds Banking Group?
Like the modern Britain we serve, we’re evolving. Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers. We’re growing with purpose. Join us on our journey and you will too!
About us
We have an exciting opportunity to join the Everyday Banking team to work on setting the strategy for LBG’s Core Banking product and proposition. This is an exciting and future facing role that will enable us to re-imagine how we deliver products and experiences to our customers. Working jointly with the Core Banking platform and other teams across the Group, you will help design and shape the Core Banking roadmap and work on the long-term strategy for LBG’s Core Banking vision, product and proposition, underpinned by Thought Machine Vault and Proposition Layer.

What you’ll be doing

• Defining and leading the cross Group long term strategy for LBG’s Core Banking vision, product and proposition.
• Driving the longer term Core Banking prioritisation, enabling other platforms’ product strategies to develop roadmaps and ensuring clear understanding of requirements to benefit from the new core banking capability.
• Working with product teams to define, align and implement simplification of the existing product sets to facilitate ultimate decommissioning of the current Core Banking System (CBS).
• Defining the principles and requirements to enable all business units to achieve future target state technology.
• Defining migration and co-existence strategy from a business context, engaging other Business Units to realise the potential of Thought Machine as a capability.
• Engaging in regulator engagement alongside GCOO: assessment of Consumer outcomes, potential foreseeable harms, and readiness for transition states.

About you

• Strong understanding and demonstrable experience of the UK Financial Services Market, and scope for technological transformation.
• A passion and understanding of technology to drive the future of the Group’s Core Banking strategy.
• Proven experience of developing and implementing a product, customer and digital strategy at scale.
• Product Owner Experience: Leading the creation and evolution of digital first proposition. Experience in supervising benefits realization across customer, commercial, and technology changes.
• Experience working closely with collaborators up to director level. You’ll be adapt at dealing with ambiguity and working across a complex organisation and wide collaborator group.
• You’ll have strong analytical and communication skills (both written and verbal).

About working for us
Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We’re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern. We are proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS).

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%.
• An annual performance-related bonus.
• Share schemes including free shares.
• Benefits you can adapt to your lifestyle, such as discounted shopping.
• 30 days’ holiday, with bank holidays on top.
• A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of our team, get in touch.
We’d love to hear from you!
At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.
We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference

• Defining and leading the cross Group long term strategy for LBG’s Core Banking vision, product and proposition.
• Driving the longer term Core Banking prioritisation, enabling other platforms’ product strategies to develop roadmaps and ensuring clear understanding of requirements to benefit from the new core banking capability.
• Working with product teams to define, align and implement simplification of the existing product sets to facilitate ultimate decommissioning of the current Core Banking System (CBS).
• Defining the principles and requirements to enable all business units to achieve future target state technology.
• Defining migration and co-existence strategy from a business context, engaging other Business Units to realise the potential of Thought Machine as a capability.
• Engaging in regulator engagement alongside GCOO: assessment of Consumer outcomes, potential foreseeable harms, and readiness for transition states