Product Owner - Payroll

About this Opportunity

Lloyds Banking Group is the UK’s leading digital franchise, with over 18 million active online customers across our three main brands - including Lloyds Bank, Halifax and Bank of Scotland. We're building the bank of the future, and we need your help.

Within the People Platform, our priority is working with our centres of excellence within the wider People & Places division, collaborating to deliver excellent experiences and positive outcomes for colleagues, making LBG a great place to work so that our people can thrive.

As a Product Owner for Workday Payroll, you'll play a crucial role in overseeing, managing, and continuously improving our payroll system, in collaboration with internal and external partners. This role offers the opportunity to lead and innovate, driving the evolution of our payroll system in collaboration with Workday as a partner, to meet the dynamic needs of our business.

The purpose of this role is to assume overall ownership for the Workday payroll product, leading teams, and focusing on releasing incremental value within the product. The primary aim being to deliver value to colleagues, customers and stakeholders by ensuring the team focuses on the right priorities.

In this role you'll lead, direct and shape approaches to solving business and legislative challenges, and work in a highly collaborative manner to drive the team and stakeholders in meeting desired product and strategic outcomes.

What the role will entail:

• Ruthlessly prioritise, refine, and lead the Workday payroll Product Backlog, ensuring that features, user stories, and improvements are aligned with business objectives and customer needs.

• Work with other role types within the team, lab and wider function, to drive effective analysis, engagement and design thinking improvements to the E2E overall colleague experience.

• Implement high quality, at pace, product release increments that meet business and legislative needs.

• Accountability 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.

• Drive effective meeting cadence for the team, ensuring that focus is maintained on the release of value and adopting the use of empirical and performance related data to drive ongoing improvements to agile ways of working.

• Lead the strategic relationship with Workday, as a payroll partner, to help shape and influence future product release features and drive ongoing optimisation of the payroll asset.

• Support development of Team objectives and key results and provide product performance and benefits realisation data.

• Investigate and resolve risks and incidents, including the development of contingency plans, and making appropriate prioritisation decisions in collaboration with our payroll centres of excellence.

• Provide input into overall Product vision and Product roadmap.

Why Lloyds Banking Group?

Like the modern Britain we serve, we’re evolving. Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers. We’re growing with purpose. Join us on our journey and you will too…

It will be super if you have the following:

• Experience in implementing and redefining large-scale payroll solutions, especially using Workday Payroll.

• Proficiency in handling Workday payroll as a product

• A sound understanding of payroll processes, compliance requirements, and standard methodologies.

• Strong analytical skills to provide payroll insights and drive data-informed decisions.

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.