Head of Core Banking Strategy

Lloyds Banking Group; London; Hybrid; GBP 124,000 - 147,000; Full time

Job summary

A leading banking group is seeking a Head of Core Banking Strategy to define and lead the long-term strategy for their Core Banking products. This role involves working closely with various teams to ensure the successful implementation of innovative banking solutions, driving technological transformation and enhancing customer experiences.

Benefits

Generous pension contribution up to 15%

Annual performance-related bonus

Share schemes including free shares

30 days' holiday plus bank holidays

Wellbeing initiatives and generous parental leave policies

Qualifications

• Strong understanding of the UK Financial Services Market.
• Experience in developing and implementing product strategies.
• Ability to engage with senior stakeholders.

Responsibilities

• Defining and leading the long-term strategy for Core Banking.
• Driving prioritization and implementation of product strategies.
• Engaging with regulators and assessing consumer outcomes.

Skills

Analytical skills

Communication skills

Leadership

Understanding of UK Financial Services Market

Technological transformation

Education

Experience in product and digital strategy

Product Owner Experience

Job description

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:

Job Title: Head of Core Banking Strategy

Salary & Benefits: £124,650pa to £146,650pa plus benefits listed below.

Location: London

Working Pattern: Hybrid, involving at least two days per week at our London hubs.

Why Lloyds Banking Group?

We are evolving, investing in our people, data, and technology to meet the needs of our 26 million customers. Join us on our journey!

About us

Join the Everyday Banking team to set the strategy for LBG’s Core Banking product and proposition. This role involves re-imagining product delivery and working with the Core Banking platform and other teams to shape the roadmap and long-term vision, underpinned by Thought Machine Vault and Proposition Layer.

What you’ll be doing

1. Define and lead the cross-group long-term strategy for LBG’s Core Banking vision, product, and proposition.
2. Drive prioritization and enable other platform strategies to develop roadmaps, ensuring requirements benefit from new core banking capabilities.
3. Work with product teams to simplify existing product sets and facilitate decommissioning of current CBS.
4. Define principles and requirements to achieve future target state technology across all business units.
5. Develop migration and co-existence strategies, engaging other Business Units to realize Thought Machine's potential.
6. Engage with regulators on consumer outcomes, potential harms, and transition readiness alongside GCOO.

About you

• Strong understanding of the UK Financial Services Market and technological transformation scope.
• Passion and understanding of technology to drive Core Banking strategy.
• Experience in developing and implementing large-scale product, customer, and digital strategies.
• Product Owner experience, leading digital propositions and benefits realization.
• Experience collaborating with senior stakeholders and managing ambiguity within complex organizations.
• Strong analytical and communication skills (written and verbal).

About working for us

We prioritize inclusivity and diversity, creating a workplace where colleagues can thrive. We offer flexible office attendance, support for disabilities, and initiatives like Workplace Adjustments, and are a Disability Confident Leader.

Benefits include:

• Up to 15% pension contribution
• Annual performance bonus
• Share schemes including free shares
• Flexible benefits like shopping discounts
• 30 days holiday plus bank holidays
• Wellbeing initiatives and parental leave policies

If interested, get in touch. We’d love to hear from you!

At Lloyds Banking Group, our purpose is to help Britain prosper. Join us to shape the future of financial services and grow your career.

We value your data privacy and will only request sensitive information during formal interview or offer stages, with clear explanations.

We are committed to a values-led, inclusive culture that reflects the diversity of our customers and communities.