Model Validation Manager

Date: 31 Mar 2024

Location: Sofia, 23, BG

Company: Paysafe

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 25 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.


Further information is available at



What to expect:


  • Review a wide variety of traditional models and AI/ML models
  • Work closely with the development team to ensure that the model development process adheres to the MRM framework
  • Mentor and manage other validators
  • Stay current with the ML/AI methodologies
  • Build challenger models as part of the validation process
  • Document the validation efforts to align with the Model Governance framework
  • Establish standards and improve efficiencies in the validation process
  • Challenge the model development team on their methodology/process
  • Present the model validation findings to the MRM leadership team and the Senior Leadership team as needed
  • Actively collaborate with the Governance team(s)


To be successful you need to have:


  • Master’s degree in Economics, Mathematics, Statistics, Analytics, or Engineering
  • 5+ years of Model, Risk Management, Model Governance, Compliance or Related areas
  • Strong verbal and communication skills
  • Experience in statistical modeling and validation
  • Strong interest in learning Gen AI/LLM
  • Proficient in using R, Python, SQL
  • Proficiency in SAS a plus



We offer in return:


  • The opportunity to write the history of a leading and growing multinational company
  • Tailor-made training and ongoing development to help you enhance your skills in the field of online payments
  • Multiple career progression opportunities in a dynamic in-house business
  • Environment where product expertise, professional and personal commitment are rewarded
  • Competitive remuneration and social benefits package (25 days annual paid leave, health insurance, sports card,  team events, company discounts, variety of soft skills, business and technical training programs)
  • Fun and collaborative working atmosphere
  • Flexible working model - we encourage our employees to embrace our flexible working approach. You will be expected to work from home and spend an average of three days a week at our Sofia office as part of our hybrid work model


Are you ready to take your career to the next level? Join our team that is inspired by a unified vision and propelled by passion.


Send your CV in English.

Only shortlisted candidates will be contacted for an interview.

Wondering how our interview process looks like now? Learn more here:


Equal Employment Opportunity

Paysafe provides equal employment opportunities to all employees, and applicants for employment, and prohibits discrimination of any type with regard to ethnicity, religion, age, sex, national origin, disability status, sexual orientation, gender identity or expression, or any other protected characteristics. This policy applies to all terms and conditions of recruitment and employment.  If you need any reasonable adjustments please let us know.  We will be happy to help and look forward to hearing from you.