We are looking to onboard a Business Analyst/ Model Documentation Specialist to work within the Finance Model Risk Management Programme at a large UK bank on a contract basis. The role will be London based and hybrid (expectation minimum 1-2 days per week on-site). This is an initial 6 month contract, with potential for extension to include training Model Owners and Developers and embedding the documentation templates into BAU. Background and Role In May 2025, the PRAs Supervisory Statement SS1/23 came into effect, raising expectations on banks to strengthen governance, oversight, and control of model risk. The banks Finance & Treasury functions have assessed their existing model risk practices and identified areas for improvement. To address these, a six-month improvement programme has been mobilised with three key initiatives: Model Implementation building a proof-of-concept (POC) model execution framework on AWS. Model Monitoring developing a POC monitoring framework to standardise oversight and performance testing. Model Documentation defining gold standard documentation templates across the Finance model lifecycle. These initiatives will act as foundational pillars for achieving a compliance plus assessment against PRA SS1/23. They are business-led by Finance & Treasury with support from Technology, and supplemented with specialist external resources. We are looking to onboard an experienced Business Analyst to support Model Documentation with the definition of a gold standard for model documentation including: Model Developer Document Model Business Case Model Approval Report Model Implementation Report Model User Documentation Model Retirement Plan and also to explore options for improving and standardising the model documentation approach and mobilisation of Finance & Treasury model developer forum. Key Desired outcome is: Minimum standard for Finance & Treasury model documentation The POC should deliver a solution that is compliant with the following: Internal Policies - Model Development and Use Risk Tool Kit; Ongoing Performance Monitoring Risk Tool Kit The Business Analyst / Model Documentation Specialist will be supporting with the identificatication of all documentation artefacts to be produced as part of the Finance Model Lifecycle, defining best practice documentation templates for each model type and aligning with POCs across other workstreams to produce Finance Gold Standard examples of documentation artefacts The role requires an individual with an extensive background and understanding of model risk, model risk governance and the PRA expectations of SS1 /23. Key Experience Required: Deep knowledge of model risk governance Familiarity with PRA SS1/23 expectations Experience defining documentation standards and templates Ability to produce gold standard examples Strong stakeholder engagement and training capability Prior experience with similar banks (preferred)