Associate Director – Specialist Account Products, Business Transaction Banking

LLOYDS BANKING GROUP; Bristol; Hybrid; GBP 125,000 - 150,000; Full time

Job summary

A leading UK bank is seeking an Associate Director to lead the Specialist Account Product set within the Business Transaction Banking team. This role involves developing product strategy, managing P&L, and overseeing product lifecycle in a hybrid working environment. Candidates should have extensive experience in product and project management.

Benefits

Generous pension contribution

Annual performance-related bonus

Share schemes including free shares

30 days holiday plus bank holidays

Wellbeing initiatives

Qualifications

• Demonstrated experience in product management within a commercial environment.
• Experience in project management related to system or architectural changes.
• P&L management and financial literacy.

Responsibilities

• Lead the Specialist Account Product set within the BTB Commercialisation team.
• Develop the future strategy for the Specialist Account Product set.
• Build relationships with partners to manage customer solutions.

Skills

Product management

Project management

Stakeholder management

Financial literacy

Job description

End date Friday 01 August 2025

Salary range

We support flexible working

Learn more about flexible working.

Agile Working Options Hybrid Working

Job description

Job Title: 139987 Associate Director – Specialist Account Products, Business Transaction Banking. (12 months fixed term contract)

Location: Bristol, Edinburgh and London

Salary: Competitive package depending upon skills, experience and location

Hours: Full Time

Working Pattern: Our work style is hybrid, which currently involves spending at least two days per week, or 40% of our time, at your office location.

About This Opportunity

We have a fantastic 12 months fixed term contract opportunity to lead the Specialist Account Product set within the BTB Commercialisation team, Business Transaction Banking business (BTB), part of the wider Business & Commercial Banking (BCB) division.

Reporting to the Specialist Liquidity Products Director, you'll be accountable for building, developing and leading this £6bn complex product set and working with the wider team to develop the product strategy.

We provide a diverse range of products and services both domestically and internationally to a broad range and size of customers across BCB and CIB. The Specialist Account Product set comprises of SAYE, Registration funds, Pledge account, Insolvency account and Account Bank Account (ABA) Products for which the team are market experts. Responsibilities span end to end product management: strategy development and execution, risk and regulatory control, P&L management, SME input into change prioritisation and implementation, commercialisation and pricing optimisation, and client engagement where required.

Key Accountabilities:

• Act as an SME for the Specialist Accounts Product set, supporting operations, coverage and the platforms teams though expert knowledge and understanding.
• Contribute to the future development of the combined BTB proposition in an increasing competitive and innovative marketplace.
• Developing the future strategy the Specialist Account Product set including digitisation/automation of servicing journeys
• Building client insight for the Specialist Account Product set to inform and support investment plans
• Build strong relationships with key and diverse partners (including external suppliers) to manage their multiple needs and to ensure the delivery of customer solutions.
• Act as the conduit with other product teams across LBG to ensure BCB has a joined-up strategy for the development of the Specialist Account Products.
• Effectively manage the products E2E life cycle and develop the capabilities of the Specialist Account Product set, working alongside our Risk, Governance, Finance and Operational partners.
• Identify, assess, supervise, control, and mitigate risks across the product set and ensure effective governance and oversight.

What we need from you

• Demonstrated experience in product management within a commercial environment.
• Experience in project management relating to system or architectural changes.
• Senior stakeholder management experience, dealing with both internal and external relationships.
• P&L management, financial literacy and market understanding to drive Product income and performance.

About working for us!

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop.

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.

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

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!