Lead Product Owner

Posted Yesterday
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Hyderabad, Telangana, IND
In-Office
Senior level
Information Technology • Software • Consulting • Financial Services
The Role
Lead Product Owner responsible for a single product backlog (2–3 features/components), prioritising and refining user stories, shaping roadmap and product vision, ensuring change governance and business readiness, delivering incremental customer value, mentoring teams, and managing product performance, risk, budget and supplier strategy. Technical POs additionally own group-wide technology assets, develop technical designs, and perform financial and data analysis.
Summary Generated by Built In

End Date

Tuesday 29 September 2026

We Support Flexible Working – Click here for more information on flexible working options

Flexible Working Options

Hybrid Working

Job Description Summary

The purpose of the Product Owner is the overall ownership for a single product backlog which contains 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 Business Platform Lead or Lab Lead. This role is responsible to oversee the release of incremental value within an overall product, with the primary aim of delivering value to customers and stakeholders by ensuring the team focuses on the right priorities.
Role responsibilities:
• Supports development of Lab or Team OKRs 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
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
• Defines the segmentation and supplier strategy
• Environment Planning and other technical activities

Job Description

Meets the needs of significant customers related to a range of products and services and/or manages a customer advisor team over a given area.

Takes responsibility for implementing formal development frameworks for a substantial department, while informally coaching and mentoring others throughout the organisation and investing in own personal development.

Initiates, formulates and implements new business practices for own discipline, while managing the development and/or delivery of a significant element of the organisation's change management programme

Develops and/or delivers a plan for a specific area of responsibility by managing others.

Builds complex frameworks to fully assess the scope and context of short-term and long-term business needs.

Manages the definition, development, and/or delivery of a significant product or service of the organisation's development/engineering programme and offers to ensure alignment with customer requirements, and/or manages a medium-size product development/specialist team.

Manages a significant portion of the organisation's risk management and/or control process, contributing to the development and implementation of risk management policies and procedures.

Develops innovative solutions by integrating and analysing complex and diverse information sources.

Skills Required

  • Own and manage a product backlog for 2-3 features, journeys, or technology components
  • Define and refine user stories and prioritise Lab/Team backlog
  • Shape product vision and roadmap at Lab or Team level
  • Accountable for product change governance (e.g., CMIA / SPFIA) and business readiness activities
  • Work with Customer Journey Manager to analyse and improve customer journeys
  • Provide product performance and benefits realisation data and support Lab/Team OKRs
  • Mentor and develop team capabilities; coach others and invest in personal development
  • (Technical PO) Own group-wide technology asset backlog and develop technical design
  • (Technical PO) Deliver against product budget and perform financial and data analysis
  • Manage product risk and define segmentation and supplier strategy
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The Company
65,000 Employees
Year Founded: 2009

What We Do

Lloyds Technology Centre is the Global Capability Centre of Lloyds Banking Group, based in Hyderabad, India. It functions as a tech and data company providing engineering expertise in cloud computing, data analytics, and cybersecurity. The centre supports the digital transformation of Lloyds Banking Group, a leading UK financial services provider, and operates primarily in the IT services and consulting sector.

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