Lead Product Owner

Lloyds Bank plc; Hyderabad; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Flexible Working Options

Hybrid Working

Job summary

We're Lloyds Technology Centre, a tech and data company located in Hyderabad, India, seeking a Product Owner to own the backlog for 2-3 features and journeys. You will lead lab or team workstreams, shape the product vision, and prioritize the backlog while coordinating with integrators for large changes.

The role involves governance, readiness activities, mentoring, and collaboration with journey managers to improve customer journeys.

Qualifications

• Defines user-stories at Lab or Team level to meet customer needs
• Shapes Product vision and roadmap at Lab or Team level
• Prioritises, refines and manages Lab or Team Product backlog
• Accountable for Product change governance and Business Readiness activities

Responsibilities

• Supports development of Lab or Team OKRs and provides product performance and benefits realisation data
• Defines user-stories at Lab or Team level to meet customer needs
• Works with Customer Journey Manager to analyse user stories for customer journey improvements
• Shapes Product vision and roadmap at Lab or Team level
• Prioritises, refines and manages Lab or Team Product backlog
• Accountable for Product change governance and Business Readiness activities for their features, journeys or technology components
• Plays a role in developing capabilities within their functional area and mentors others
• Works with Integrators on large change initiatives
• Owns and manages the product backlog for a Group-wide technology asset
• Develops technical design for the product
• Delivers against a product budget, performing financial and data analysis
• Manages all product risk
• Defines the segmentation and supplier strategy
• Environment Planning and other technical activities

Job description

End Date Tuesday 29 September 2026

We Support Flexible Working.

• Flexible Working Options
• Hybrid Working

Job Description Summary

The purpose of the Product Owner is the overall ownership for a single product backlog which contains 2-3 features, journeys or technology components. They are typically a Lab or Team Lead (containing 2-3 Feature or Component teams), reporting into the Business Platform Lead or Lab Lead. This role is responsible to oversee the release of incremental value within an overall product, with the primary aim of delivering value to customers and stakeholders by ensuring the team focuses on the right priorities.

Role responsibilities:

• Supports development of Lab or Team OKRs and provides product performance and benefits realisation data
• Defines user-stories at Lab or Team level to meet customer needs
• Works with Customer Journey Manager to analyse user stories for customer journey improvements
• Shapes Product vision and roadmap at Lab or Team level
• Prioritises, refines and manages Lab or Team Product backlog
• Accountable for Product change governance (e.g., CMIA / SPFIA) and Business Readiness activities (e.g., training and comms, testing and readiness for implementation) for their respective features, journeys or technology components. Note: PO's are accountable but activities to be delivered by the whole 'team'.
• Plays a role in developing capabilities within their functional area and invests in personal and team growth through mentoring and other informal methods
• Works with Integrators when change is particularly large

Additional responsibilities for Technical Lab or Team Product Owners:

• Owns and manages the product backlog for a Group-wide technology asset
• Develops technical design for the product
• Delivers against a product budget, performing financial and data analysis
• Manages all product risk
• Defines the segmentation and supplier strategy
• Environment Planning and other technical activities

Job Description

Job Description Meets the needs of significant customers related to a range of products and services and/or manages a customer advisor team over a given area. Takes responsibility for implementing formal development frameworks for a substantial department, while informally coaching and mentoring others throughout the organisation and investing in own personal development. Initiates, formulates and implements new business practices for own discipline, while managing the development and/or delivery of a significant element of the organisation's change management programme Develops and/or delivers a plan for a specific area of responsibility by managing others. Builds complex frameworks to fully assess the scope and context of short-term and long-term business needs. Manages the definition, development, and/or delivery of a significant product or service of the organisation's development/engineering programme and offers to ensure alignment with customer requirements, and/or manages a medium-size product development/specialist team. Manages a significant portion of the organisation's risk management and/or control process, contributing to the development and implementation of risk management policies and procedures. Develops innovative solutions by integrating and analysing complex and diverse information sources.

We're Lloyds Technology Centre*, a tech and data company located in Hyderabad, India.

We're part of Lloyds Banking Group, a leading provider of financial services in the UK and the UK's largest digital bank, with more than 27 million customers.

We're changing financial services, and we want you to join us.

With market-leading people practices and great opportunities for career and skills growth, we are committed to creating an exceptional colleague experience that is welcoming for all.

Join us!

*Lloyds Technology Centre does not offer financial services in India.