Head of Loans, MD

Key Accountabilities

Run Loans business on a front-to-back basisOwn P&Ls, KPIs for LoansOwn, design and deliver compelling product propositions, setting prices and limitsDefine and run acquisition, engagement, retention, lifecycle manage strategies and collateral managementOwn, design and improve Loan specific CJsRun 1LOD controls, product reviews, issue mgmt. etc.

Key Deliverables

Own and drive the end-to-end strategy for the Loans business, ensuring alignment with BUK objectivesManage P&L and KPIs, ensuring profitability, sustainable growth, and performance optimisationDevelop and execute product propositions, including pricing, limit setting, and feature enhancements to maintain competitivenessDefine and implement strategies for customer acquisition, engagement, retention, and CLCMOversee Loans customer journeys, driving continuous improvement in experience and efficiencyLead strategic partnerships and commercial negotiations to enhance product offerings and expand market reachLeverage analytics and data insights to assess market trends and drive product innovationWork with CIO to oversee product changes and technology enhancements, ensuring seamless executionRuns Consumer Duty Fair Value assessment

Purpose of the role

To manage and develop existing and new products and/or services; and where applicable, ownership of related customer and colleague journeys, develops the product strategy, drive change through Barclays execution teams, make key decisions in the product lifecycle and own associated outcomes for customers, colleagues and the bank, achieved through appropriate service level agreements, regulatory compliance, risk management and controls.

Accountabilities

Development of customer level strategies & solutions that are tailored to customers needs.Subject Matter Expert in the applicable Product/Proposition team and be able to confidently guide and advise stakeholders at all levels in the Bank on the application of existing and new products/propositions and related customer and colleague journeys.Development of product propositions, and/or service strategy, define the priorities for delivering the outcomes needed to deliver the strategy and lead execution of the priorities.Development of different commercial and business models through a strong understanding of the financial drivers of the P&L for the relevant segment/ proposition/ journey.Evaluation of the technical feasibility, legal compliance, and potential risks associated with the development and launch of the new product.Monitoring of market trends and analysis feedback from internal employees and target customers through prototypes, user testing sessions, and beta programs to identify areas for improvement to refine the product / process before launch.Management of comprehensive launch plans and technical deployments for products that establish rollout timelines, marketing strategies, training initiatives and communication channels to promote the launch new products effectively.Monitoring of key metrics such as adoption rates, usage patterns, customer satisfaction (including complaints), and revenue generation to assess the product's performance against set goals.

Manager Director Expectations

To manage a large, complex or diverse function and take accountability for the strategic direction of the function to significantly strengthen successful and efficient businesses and contribute to the strategic initiatives of the Barclays GroupLead and mentor high performing teams and embed a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects, act as a profound technical expert and thought leader, Identifying new and innovative/ground breaking ways of working. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.Drive and achieve overall success and / or competitiveness of a business division by influencing senior leaders and committees.Strategically assess and manage risks to protect the business division / function and growth.Influence company policy and develop functional procedures in conjunction with senior leaders / strategic positions across the business.Demonstrate interpretative thinking for innovative solutions in complex situations and conceptual thinking in completely new situations.Exercise management authority to make significant / complex business and strategic decisions that impact the Barclays Group, business division or function.Negotiate with and influence stakeholders at a senior level both internally and externally and foster growth for Barclays business.Mandated as the business division/ functional spokesperson or representative to external bodies and shapes the public image of Barclays.Demonstrate exceptional knowledge of how business divisions and functions integrate with the Group to achieve the overall business objectives alongside industry theories and practices within own discipline.Maintain broad and comprehensive functional expertise and significant product knowledge.Accountable for the control and governance agenda of the business division / function.Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays.

All Senior Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.