Senior Mortgage Specialist, Consulting Principal

Senior Mortgage Specialist, Consulting Principal

About Cognizant Consulting

Cognizant Consulting is more than Cognizant's consulting practice-we're a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending deep industry expertise with technology-forward advisory capabilities, we create innovative business solutions for leading global organizations. And now, we're looking for our next colleague to help shape the future of business. Could it be you?

About the role

As a Senior Mortgage Specialist, you will make an impact by advising UK mortgage lenders on strategic transformation, regulatory change, and technology modernization. You will be a valued member of our Banking & Financial Services Consulting team and will work collaboratively with industry leaders, internal partners, and client stakeholders to deliver high-impact business and technology outcomes.

In this role, you will:

• Lead end-to-end mortgage and lending advisory and delivery engagements, including target operating model design, mortgage platform transformation, customer journey optimization, and AI-enabled process modernization.

• Assess and interpret key UK regulatory, innovation, and policy developments-including FCA Mortgage Rule Review, the UK Mortgage Guarantee Scheme, and Consumer Duty-and guide clients on readiness and impact.

• Shape go-to-market propositions, translating emerging technologies and industry trends into actionable solutions and roadmaps for mortgage lenders.

• Support business development efforts, including RFP/RFI/RFX responses, solution shaping, and proposal development across mortgage and broader retail banking transformation programs.

• Partner with technology ecosystem providers (e.g., cloud, fintech, RegTech, and platform vendors) to develop integrated value propositions.

• Create high-quality thought leadership, such as white papers, case studies, and viewpoints on mortgage innovation, regulatory change, and technology trends.

• Mentor and guide junior consultants, contributing to practice capability building and internal training.

• Represent Cognizant as a subject-matter expert in industry forums and client discussions.

Work model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this is a hybrid position requiring 3 days a week onsite in our London office or at a client location.

The working arrangements for this role are accurate as of the date of posting. These may change based on project requirements, business needs, and client expectations. Rest assured, we will always be clear about role expectations.

What you must have to be considered

• 10-15 years of experience in mortgage and lending within the UK retail banking sector, either in consulting or direct industry roles.

• Proven experience delivering strategic transformation engagements focused on cost optimization, technology modernization, compliance uplift, or operational resilience.

• Deep understanding of the UK retail banking and mortgage lending landscape, including regulatory, competitive, and technology drivers.

• Demonstrated ability to produce and present thought leadership, frameworks, and market insights for senior stakeholders.

• Strong ability to simplify complex topics and communicate effectively with both technical and executive audiences.

• Knowledge of key UK regulatory requirements and global compliance trends relevant to mortgage operations.

These will help you succeed

• Experience working with AI and digital automation technologies in mortgage processes.

• Familiarity with cloud-based lending platforms, decision engines, and workflow modernization tools.

• Strong network across UK banks, building societies, and mortgage ecosystem partners.

• Prior experience mentoring teams or contributing to capability development.

• Passion for innovation, problem-solving, and continuous learning in the mortgage domain.

Benefits

Cognizant offers a competitive benefits package designed to support your wellbeing and professional growth. Benefits typically include:

• Private medical insurance

• Pension scheme

• Life assurance

• Employee assistance program

• Paid time off and flexible working programs

• Learning & development programs and certifications

• Access to Cognizant's global knowledge networks and industry communities

The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.

• Cognizant is a global community with more than 300,000 associates around the world.
• We don't just dream of a better way - we make it happen.
• We take care of our people, clients, company, communities and climate by doing what's right.
• We foster an innovative environment where you can build the career path that's right for you.

About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World's Best Employers 2025) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com

Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.

Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.

Cognizant is an IT and business process services company providing digital strategy, consulting, enterprise modernization, cloud and more for clients globally.