About PhonePe

PhonePe is India’s leading digital payments platform with over 400 million+ registered users. Using PhonePe, users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold, and make investments. PhonePe went live for customers in August 2016 and was the first non-banking UPI app and offered money transfer to individuals and merchants, recharges and bill payments to begin with. In 2017, PhonePe forayed into financial services with the launch of digital gold, providing users with a safe and convenient option to buy 24-karat gold securely on its platform. PhonePe has since launched Mutual Funds and Insurance products like tax-saving funds, liquid funds, international travel insurance, Corona Care, a dedicated insurance product for the COVID-19 pandemic among others.

PhonePe launched its Switch platform in 2018, and today its customers can place orders on over 300 apps including Ola, Myntra, IRCTC, Goibibo, RedBus, Oyo etc. directly from within the PhonePe mobile app. PhonePe is accepted at over 18 million merchant outlets across 500 cities nationally.


At PhonePe, we take extra care to make sure you give your best at work, Everyday! And creating the right  environment for you is just one of the things we do. We empower people and trust them to do the right  thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a  big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of  the best minds in the country and executing on your dreams with purpose and speed, join us!

What to expect from this role:

  • Opportunity to work on stockbroking and Risk  related initiatives with key stakeholders of the industry in the country
  • Collaboration with internal teams- product, business finance, customer service, etc to monitor and manage the Risk category daily
  • Write requirements and SOPs for each customer touchpoint and monitor PhonePe’s performance against the same
  • Manage and control the overall functioning and supervision of the Risk operations.
  • To manage, train and control teams responsible for processing all the above products
  • Managing the Day to Day Risk, Monitoring and actioning as per the defined risk policy
  • Handling of all Risk related issues in terms of square off due to MTM, Circuit filters, Intraday or default
  • Interacting with clients for resolving queries/ reporting etc.
  • Good knowledge of MS Office, MS Excel, etc.
  • Experience in handling Audit i.e Concurrent and Internal audit.
  • Ensuring compliance requirements as per SEBI Regulations.
  • Sharing Business Requirement document with the Product/vendor/Tech Team
  •  Co-ordinating with RMS/OMS vendor to resolve system issues
  • Work with data to help grow the business through interventions on product and technology
  • Responsible for management of business reporting and any ad hoc reporting from time to time. Proficient knowledge of MS Excel is a must
  • Customer-first attitude with a strong execution bias
  • Coordinating with CS teams and handling escalations on a day to day basis to provide prompt resolution to customers
  • Addressing internal queries, data requirements and escalations
  • Experience of working with a highly skilled team across all functions
  • To be a part of India's highly disruptive fintech wave

 The ideal candidate for this role should:

  • Preferably be an MBA
  • Have minimum 7 to 10 years of work experience in stockbroking and Risk Operations
  • Experience of OMS?RMS system in a Stock broking/Securities firm, Mutual Fund, etc.
  • Experience in Equity & F&O - Risk, operations
  • Be agile and highly collaborative, communicate impressively
  • Strong analytical acumen and problem solving
  • Demonstrate deep understanding of stockbroking business
  • Be highly data-driven and adept at balancing needs with business goals
  • Be skilled in building and managing business alliances
  • Thrive in a competitive and a result-oriented work environment
  • Be able to create and own the processes on their own

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

  • Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
  • Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
  • Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
  • Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
  • Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment 
  • Other Benefits - Higher Education Assistance, Car Lease, Mobile & Broadband Reimbursements, Salary Advance Policy

Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.

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