About PhonePe Group:
PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.
Culture
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!
Share.Market is the stock broking initiative launched by PhonePe in 2023. It is an online investment & trading app where users can explore and invest in stocks, ETFs, WealthBaskets, Mutual Funds, Derivatives and more.
Share.Market is here to revolutionize how India invests in the share market. We focus on intelligent investing, thereby making our customers make informed decisions using technology driven tools, enhance their awareness through education focused rich content and ever evolving product landscape.
Role details :
- Manage and control the overall functioning and supervision of the risk operations
- 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
- To manage, train and coach teams responsible for stockbroking risk operations
- Interacting with clients for resolving queries/ reporting etc
- Experience in handling Audit i.e Concurrent and Internal audit
- Ensuring compliance requirements as per SEBI Regulations
- 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
- 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 performance against the same
The ideal candidate for this role should:
- Preferably an MBA/CA having minimum 10 years of work experience in stockbroking and risk Operations with 5+years as team lead
- Good knowledge of MS Office, MS Excel
- Deep understanding of stockbroking business, experience in equity, derivatives, currency, commodities - risk, operations
- Be agile and highly collaborative, communicate impressively, strong bias for execution and customer first approach
- 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, 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.
