Product Owner

Posted 8 Days Ago
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Hyderabad, Telangana, IND
In-Office
Entry level
Information Technology • Software • Consulting • Financial Services
The Role
Owns and prioritizes a product backlog covering multiple features, journeys, or technology components. Defines user stories, product vision, and roadmaps; supports OKRs, benefits realization, change governance, business readiness, and release delivery. The role manages product risk, budget, technical design, supplier strategy, and environment planning for technical products, while mentoring team members and coordinating with customer journey managers and integrators.
Summary Generated by Built In

End Date

Sunday 06 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.

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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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