Job Description

End Date Friday 12 December 2025
Salary Range 70,929 - 78,810
Flexible Working Options Hybrid Working, Job Share
Summary .

JOB TITLE: Product Manager, Embedded Finance
SALARY: From 59,850 for non London location. From 70,929 for London location.
LOCATION(S): Manchester, Chester, London or Leeds
HOURS: Full time
WORKING PATTERN: Hybrid, 40% (or two days) in an office site
About this opportunity
Lloyds Banking Group (LBG) stands as the UK's leading consumer and commercial bank, with a presence that reaches nearly every community and household in the country. LBG is dedicated to prioritizing customers and is on a strategic path to fulfil its goal of being the Best Bank for Customers.
We're thrilled to offer an experienced professional the chance to join our Embedded Finance team within the Consumer Lending division. Consumer Lending is one of five business units designed to build on our strong foundations by focusing on how we lend - both to those who bank directly with us through our brands, and those who choose our products when using intermediaries.
About the role
We launched our first product Black Horse FlexPay a year ago and are now ready to extend the proposition to create custom white-labelled solutions for some of our largest retail and transport clients
As Product Manager - White Label, you'll drive the development and evolution of our core white-label propositions, working closely with cross-functional teams to deliver market-leading products and experience-led journeys that help us build rapid scale in Embedded Finance.
What you'll be doing...

• Shape, prioritize, and build white-label product propositions, ensuring alignment with customer and partner needs.
• Lead product specification development, support the development of the governance framework and help set the foundation for a white-label product which is scalable across multiple clients .
• Analyse data from varied sources to support proposition development
• Collaborate with key internal stakeholders as well as external technology partners to align and develop the product roadmap.
• Facilitate discovery sessions and requirements gathering, across internal and external partners.
• Develop product requirements and user-stories.
• Support go-to-market planning and execution in the run up to launch
• Engage with commercial and strategic outreach teams to identify new opportunities.

About us
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...

• Product development and roadmap management skills, with experience in shaping and delivering product propositions.
• Stakeholder engagement abilities, building partnerships across functions and effectively managing expectations.
• Experience in requirements gathering, facilitating discovery sessions, and translating customer outcomes into product requirements and user-stories. Even better if you're comfortable with visualization and design tools like Figma, Visio etc.
• Data-driven decision-making skills, using insights to inform product and proposition development.
• Customer-centric outlook, with experience of delivering customer-facing digital products.
• Strong communication and relationship management abilities.

And any experience of these would be really useful...

• If you have worked on a white-label product or solutions delivered through third-parties

Ideal Candidate
Someone who is a keen problem solver, highly organised and able to tackle the breadth of product development with attention to detail. You'll have strong stakeholder management skills with the ability to influence and bring them along on the journey. You'll be comfortable working on tight time-lines, dealing with ambiguity in an evolving start-up environment, and passionate about finding solutions.
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.
We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual bonus award, subject to Group performance
• 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.

Skills Required