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Team Product Owner - Enterprise Risk Management Lab

Job details
Posting date: 16 February 2026
Salary: £76,194 to £89,640 per year
Hours: Full time
Closing date: 02 March 2026
Location: Edinburgh, Edinburgh, EH3 9BN
Company: Lloyds Banking Group
Job type: Permanent
Job reference: 151790_1771241819

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Summary

JOB TITLE: Team Product Owner - Enterprise Risk Management Lab SALARY: £76,194 - £89,640
LOCATION: Edinburgh
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

About this Opportunity

As one of the lead Product Owners in the Enterprise Risk Management (ERM) Lab, the Product Owner will lead the full e2e responsibility for one of the ERM products, comprising a single product backlog of 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 Lab Lead. This role is responsible to lead all aspects of the release of incremental value within an overall product, with the primary aim of delivering value to customers and collaborators by ensuring the team focuses on the right priorities.

Role responsibilities:

  • Supports development of Lab or Team goals and milestones 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

Why Lloyds Banking Group

If you think all banks are the same, you'd be wrong. We're an innovative, fast-changing business that's shaping finance as a force for good. A bank that's empowering its people to innovate, explore possibilities and grow with purpose.

What you'll need

As a Product Owner in the Enterprise Risk Management Lab, you'll have the opportunity to own one of the lab's key products e2e. In practice this involves defining the product with stakeholders, prioritising the product roadmap, designing the product functionality with stakeholders and engineering teams, and managing delivery through your Feature team to live.

Successful candidates will have excellent experience of designing product strategies through to successful delivery, extensive stakeholder management experience, and a real interest in how value can be unlocked from data to support risk management.

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.

Proud member of the Disability Confident employer scheme

Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident.

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