Lloyds Banking Group
Team Product Owner - Enterprise Risk Management Lab

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End Date
Wednesday 05 August 2026
Salary Range
£0 - £0
We support flexible working – click here for more information on flexible working options
Flexible Working Options
- Flexibility in when hours are worked
- Hybrid Working
- Job Share
Job Description Summary
Job Description
JOB TITLE: Team Product Owner - Enterprise Risk Management Lab
SALARY: £78,098 - £91,880
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
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
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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 join us?
If you think all banks are the same, you’re wrong. We’re a pioneering, fast-changing business that’s shaping finance as a force for good. If you’re after a role where you can have an impact and do the best work of your career, you’ve just found it.
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.
- Extensive experience of strategic delivery, implementing change across multiple BUs and Functions
- Regular experience of building a product roadmap, defining a target state and the development steps to achieve it
- Detailed experience of translating customer requirements into technology designs
- Knowledge of change delivery processes, including tooling (Jira / Jira Align) and service introduction
- Basic knowledge of Risk Management required
- Extensive stakeholder skills, evidenced via managing stakeholders at multiple levels, in multiple business areas and building virtual delivery teams
We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.


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This is a place for you
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 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 to make an impact? Apply today!
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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