Lloyds Banking Group
Principal Engineer – AI Productivity Lab

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End Date
Monday 07 September 2026
Salary Range
£102,864 - £154,296
We support flexible working – click here for more information on flexible working options
Flexible Working Options
- Hybrid Working
- Job Share
Job Description Summary
Job Description
JOB TITLE: Principal Engineer – AI Productivity Lab (Band F)
SALARY: £92,701- £169,403, depending on location and experience
LOCATION: Bristol, Edinburgh, Leeds or Manchester
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at our office location.
About this Opportunity
We are looking for Principal Engineers to join our new AI Productivity Lab. The purpose of the Lab is to accelerate internal AI-driven employee productivity and process automation using the latest agentic co-working technologies.
You will provide hands-on technical leadership for building domain-specific agents and tooling, and for developing internal knowledge and skills repositories that enable safe, repeatable automation aligned to business area operating procedures. Working with the Head of the Lab, you will execute agentic coworking initiatives with targeted business areas, partnering with line-of-business champions to embed agents into team processes, SOPs and tooling and to realise and measure benefits.
You will be working within the Data & AI Unit of the Chief Technology Office (CTO), where we define and lead the Group’s Data and AI technology strategy, serve as the Group’s design authority for Data and AI, and inspire, develop and incubate new AI-driven products, capabilities and ways of working through applied research and product discovery.
Day to day, you will:
- Lead the engineering of coworking solutions (agents, tools and automations) for priority business areas, taking designs from prototype to operational MVP
- Design and build reusable capabilities for the Lab’s coworking platform and repository (skills, tools and operating procedure assets) with a clear path to adoption
- Apply hands-on experience of agentic coding and/or coworking tools and the open-source ecosystem to evaluate options, recommend approaches and accelerate delivery
- Partner with business stakeholders and line-of-business champions to shape use cases, embed solutions into SOPs and measure outcomes
- Coach and mentor engineers through technical leadership, code review and constructive feedback, and engage senior stakeholders on technical direction
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
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
- Proven experience leading the delivery of technology solutions to business areas in complex production environments, with ownership of business outcomes
- Extensive knowledge and hands-on experience of solutions architecture, software engineering and business process automation
- Strong hands-on experience with agentic coding and/or coworking technology and ecosystem (e.g. Claude Code and/or Cowork, OpenClaw, GitHub Copilot)
- Strong understanding of operational processes and risk management (Financial Services preferred)
- Ability to influence stakeholders and guide teams through ambiguity, translating productivity opportunities into clear technical direction and MVPs
Desirable:
- Expertise in knowledge management, enterprise ontology and knowledge graph technology
- Business process optimisation experience (e.g. Business Process Modelling, Lean Six Sigma)
- Experience with applied research / experimentation
- Advanced degree (MSc, PhD) in computer science, artificial intelligence or a related subject
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 want our people to feel that they belong and can be their best, regardless of background, identity or culture. 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. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.


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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
Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more.
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.
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