Details of the Organization

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.

Details of the Job/Internship

PhonePe is hiring Senior Manager (Policy and Governance) with the experience of 6+ year to join their office in Bengaluru.

Role and Responsibilities

• Work closely with Business on implementing relevant regulatory guidelines applicable for the product in review and based on that understanding formulate a project plan that would ensure compliance to all Non-IT regulations as stated in the regulatory guidelines.
• ETAs and Timelines to implementation is to be tracked and closed with all relevant stakeholders.
• Share regular and timely updates with all relevant stakeholders with regards to the progress on the ongoing regulatory implementations.
• Collect and Store relevant evidence, received from stakeholders from the various implementations done, for future Audit requirements.
• Responsible for formulating and providing compliance certifications on all regulatory implementations carried out on a periodic basis with various stakeholders.
• Keep abreast of all regulatory developments as well as evolving best practices in compliance controls and leverage the same to implement better and current compliance standards.
• Assist Senior Manager during regulatory inspections and ensure closure of the observations with multiple stakeholders 
• Liaise with internal stakeholders to explain the audit requirements and observations in a timely fashion.
• Support management to compile, maintain and close-out audit finding responses, implementation of controls as per audit recommendations, etc. and ensure all Non IT audit observations.
• Ensure review of all Non-IT related policies and procedures on a periodic basis or whenever there is change in process and place it for Management approvals to board on a timely fashion.
• Work with Business Legal and Product stakeholders to build product (or) company specific Policies and Procedures whenever there is a new product being introduced to our platform.
• They would work closely with the Senior Manager to implement controls at regular intervals to ensure that compliance procedures are regularly followed.
• They would regularly help evaluate the efficiency of compliance implemented processes and controls and work to improve them continuously.
• They would be responsible for documenting and operationalising compliance related processes to ensure adherence to regulatory guidelines or internal policy.
• Should have previously helped in building and managing high performing team members and be able to build growth charters for each of their team members.
• Prepare and maintain reports and KPIs for the Compliance team to ensure processes are healthy and functional.

Eligibility

• Any Post Graduate in Finance and Risk Management / MBA / CA / CS with at least 6+ years of experience in the Financial Service Compliance space and a proven track record as a team lead or manager.
• In-depth knowledge on the compliance environment of the banking / payment / insurance and fintech’s industry along with Indian regulations and current market practices. 
• A subject matter expert with comprehensive knowledge on the Indian Financial Services Industry and its guiding regulations, fraud control environment, risk categorization methodologies and is able to create, monitor and evaluate policies and procedures.
• Excellent knowledge of reporting procedures and record keeping guidelines.
• Ability to communicate clearly and precisely to the point. 
• Has an analytical mind able to “see” the complexities of procedures and regulations. 
• Is a problem solver and always ready to take ownership of deliverables assigned.
• Has high ethical standards and is able to work diligently to complete your duties.
• Certified compliance professional is a plus.

Salary/Stipend

Compensation details will be finalized during the interview process with the selected candidate.

Type of Opportunity

Fulltime

Country

India

State

Karnataka

City

Bengaluru

Address

Green Glen Layout Road, PhonePe Private Limited Office-2, Floor 4,5,6,7, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur Bengaluru, Karnataka-KA, Pincode- 560103, Bengaluru East, Karnataka 560103, IN

Application and Registration Details

After you apply, you will receive the next steps of the application process via email. 

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For any questions or concerns, please contact us via email at: [email protected]