Head of Core Trade Product Management

End Date

Sunday 19 January 2025

Salary Range

£0 - £0

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: Head of Core Trade Product Management

LOCATION: London

SALARY: Competitve package

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

The Trade and Working Capital team provides commercial banking solutions to businesses of all sizes, in the UK and internationally, including trade, invoice finance and asset finance solutions. These solutions are grounded in an in-depth understanding of clients, a passion for enabling businesses to efficiently handle their liquidity, complete payments, mitigate their risks, fund trade flows and support growth.

As Head of Core Trade Products, you’ll lead the Traditional Trade product team, responsible for designing and implementing our go to market strategy across our suite of Traditional Trade Products which includes Documentary Trade and Guarantees - both have been identified as significant growth opportunities for the Group. The solutions within this suite are well known while simultaneously facing rapid transformation and exciting digital transformation. The future of these products and Lloyds’ success in delivering these much-needed solutions to clients is reliant upon technological advancement, industry leadership and commercialisation.

We’re looking for an individual who is highly experienced in core Trade products to lead a function of product specialists within the business, accountable for a team that structures, underwrites and manages core Trade products, while also ensuring alignment to core regulatory requirements and compliance policies and delivering great customer outcomes.

Role Accountabilities

Working closely with team members to support clients to access our products in a simple more stream-lined manner. Other accountabilities will include:

- Oversight of product governance and control frameworks
- Management of product risks including operational risk, credit risk, fraud and financial crime risk
- Overarching ownership of product strategy definition and execution
- Roadmap for existing products, including innovation, simplification, distribution and cost-optimisation
- Responsible for the revenues and cost budgets of the product suite
- Compliance with credit and risk policies
- Regular engagement and training with core partners, whilst working with external Trade bodies to ensure that LBG is well represented within the industry and the wider Trade community

About us

We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to

innovative projects, fresh possibilities, and countless new ways for our people to work,

learn, and thrive.

What you’ll need
- Deep understanding of core Trade products, including expertise in structuring, underwriting, and managing of facilities
- Product Development experience including creating and enhancing core Trade products and working with internal and external partners on emerging innovations
- Proven track record in Financial Analysis and Risk Management
- Experience in leading product teams and driving thought leadership in the industry
- Understanding and experience of the product set - and insight into the broader trends and changes impacting clients across the wider industry
- Extensive stakeholder management experience, preferably in a large banking and financial services institution
- Knowledge and understanding of the Group, clients and insight into the broader market trends and changes impacting our clients and the wider industry
- Strong communicator with ability to distil complex themes into simple but highly effective messages
- Experience in line managing a team of great colleagues, plus a diverse internal and external network
- Work collaboratively, successfully and influence networks at all levels across the organisation

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’re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.

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.

As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.

We also provide adjustments that are reasonable