Senior Mortgage Specialist, Consulting Principal

Cognizant; Greater London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A leading global consulting firm seeks a Senior Mortgage Specialist to provide advisory services to UK mortgage lenders on transformation and regulatory change. This hybrid role involves leading strategic projects, shaping market propositions, and mentoring consultants. Ideal candidates will have extensive experience in mortgage lending and the UK retail banking sector, along with abilities in stakeholder communication and thought leadership. The position offers competitive benefits and the opportunity to impact the future of the mortgage industry.

Benefits

Private medical insurance

Pension scheme

Life assurance

Employee assistance program

Learning & development programs

Qualifications

• 10–15 years of experience in mortgage and lending in the UK retail banking sector.
• Proven experience delivering strategic transformation engagements.
• Strong ability to communicate effectively with technical and executive audiences.

Responsibilities

• Lead end‑to‑end mortgage and lending advisory engagements.
• Assess key UK regulatory and policy developments.
• Shape go‑to‑market propositions and support business development.

Skills

Mortgage and lending expertise

Stakeholder communication

Strategic transformation

Regulatory knowledge

Thought leadership

Job description

Overview

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.

Responsibilities

• 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