Strategy Analyst, Data Products London, England
Lloyds Banking Group
Full Time
London, England
55739 - 62017 GBP ANNUAL Today
Job description
End Date
Monday 15 May 2023
Salary Range
£0 - £0Agile Working Options
Job Description
At Lloyds Banking Group, we recognise that data is one of our most valuable enterprise assets. Our Data Products team builds entirely new client propositions to help clients understand their markets and their customers’ ecosystems and to solve specific business problems using the Group’s data, insights and bespoke data solutions.
The department sits within our Corporate & Institutional Banking franchise, where we maintain active relationships with two-thirds of the FTSE 350, supporting clients with annual turnover in excess of £100m. We're guided by our purpose of Helping Britain Prosper, creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good.
The Opportunity For You
There is a unique opportunity to play an important role in the success of the proposition as a Strategy Analyst. You'll be joining a new, exciting and fast growing business area and have the potential to shape its direction.
You are driven by positive results and want to make a tangible impact on business success and growth. You love to take new ideas and turn them into action, and you're comfortable taking the broad set of skills you’ve learnt and stretching the boundaries of your domain knowledge to grow your own potential.
Job Description
In this role you'll work on both new strategic initiatives and also on improving the way the Data Products team operates. You'll use attention to detail to build the business case for growth, incorporating thinking on corporate strategy and market sizing into financial projections, and helping with monitoring and reporting on business performance.
You'll use research and analysis to play a role in defining strategy. You'll think broadly about emerging market trends and opportunities, and you'll map out and monitor the network of collaborator and competitor market participants and associated partner networks.
You'll help define the path for expansion into new sectors and new markets and the best opportunities for new data and insight products. The role will give you opportunities to work closely with the product management and platform delivery teams to design and build data propositions that meet the needs of our clients and deliver value and income for the Bank, delivered in alignment to the Bank’s purpose of Helping Britain Prosper.
Role Responsibilities
Strategy & Roadmap
- Support business case, funding, financial projections and monitoring of progress against plan.
- Build a robust case and create material with a compelling narrative for the strategy.
- Conduct market analysis and industry research to understand demand, industry trends and models for market participation.
- Prioritise and articulate industry use cases, evidenced by analysis, to inform the product roadmap.
- Consider feasibility of use cases through factors such as data availability, quality, granularity or appropriateness for use.
- Coordinate and facilitate conceptualisation and planning workshops.
- Collaborate across the Group on initiatives that promote data-as-an-asset or create new opportunities for commercial client offerings.
Delivery, Operations & Performance
- Performance management against longer-term objectives.
- Design and implement new internal operating models.
- Manage governance, risk management and control processes, including consideration into relevant regulations.
- Build strong internal relationships and generate support through proactive partner engagement.
Thought Leadership & Events
- Monitor the industry for opportunities to engage with ecosystem participants through publications and events.
- Coordinate with 3rd parties on publication or attendance at thought leadership opportunities.
People / Leadership / Partners
- Maintain relationships with key internal customers and act as their business partner.
- Support colleagues with innovative ideas, champion innovation as a process and advocate a growth mindset.
Essential Skills & Experience
- Evidence of excellent academic achievement.
- 3+ years work experience, ideally within management or strategy consulting, or in a role that requires a similar demeanor and approach.
- A meticulous approach to analysis and formulation of a hypothesis, with thoroughness and regard to detail.
- Ambitious, motivated and resilient, with excellent time management and prioritisation skills.
- Experience building well designed reports and presentations using PowerPoint or similar.
- Experience creating simple financial models and tracking performance using Excel or similar.
- A passion for innovation and change, with an awareness of emerging trends in the use of data, of the digital business landscape and the development of data ecosystems and marketplaces.
- Strong communication and relationship building skills, with the ability to influence and inspire change, both across and outside the bank.
Desirable:
- Experience within strategy consulting or within a business or product strategy role.
- Experience of end-to-end product development.
- Experience with consumer qual and quant research.
- Practical data experience (insights, analytics, data processing etc).
Ways of Working:
The location for this role is flexible as the team practices hybrid working and although the team predominantly use the Lloyds Banking Group office in 10 Gresham Street, many of them are based across London and surrounding areas. As we explore our future workstyles, everyone will have the chance to create the right balance between office and remote working with flexibility to travel into the office when required and needed.
What we offer you:
We're a diverse team of motivated colleagues from a range of backgrounds. We believe that having a diverse team helps us to deliver the best service for our clients and for the Bank. In our team we champion an inclusive culture where everyone is welcome and respected. Join us and be part of an inclusive, values-based culture focused on making a difference. In addition, we offer:
- A competitive salary
- Flexible benefits you can adjust to suit your lifestyle
- Discretionary performance share award and access to share schemes
- A generous pension contribution
- A variety of top-class benefits, including private health cover
- 28 days holiday plus bank holidays
Interested? Apply today. Together we make it possible.
We're passionate about diversity and equal opportunity with industry recognition across gender, ethnicity, disability, LGBTQ+ and families. And, being disability confident, reasonable adjustments can be accommodated in our Recruitment process, just let us know.
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.
