About PhonePe Limited Headquartered in India its flagship product the PhonePe digital payments app was launched in Aug 2016 As of April 2025 PhonePe has over 60 Crore 600 Million registered users and a digital payments acceptance network spread across over 4 Crore 40 million merchants PhonePe also processes over 33 Crore 330 Million transactions daily with an Annualized Total Payment Value TPV of over INR 150 lakh crore PhonePe s portfolio of businesses includes the distribution of financial products Insurance Lending and Wealth as well as new consumer tech businesses Pincode - hyperlocal e-commerce and Indus AppStore Localized App Store for the Android ecosystem in India which are 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 go the extra mile to make sure you can bring your best self to work Everyday And that starts with creating the right environment for you We empower people and trust them to do the right thing Here you own your work from start to finish right from day one PhonePe-rs solve complex problems and execute quickly often building frameworks from scratch If you re excited by the idea of building platforms that touch millions ideating with some of the best minds in the country and executing on your dreams with purpose and speed join us The PhonePe Ethics and Compliance team plays a critical role in the successful execution of the firm s ethical and compliance mission The Payments Compliance function at PhonePe ensures the development and maintenance of a strong compliance culture within the company by developing and maintaining program infrastructure that identifies measures and monitors compliance with applicable laws regulations and rules that govern our business globally Compliance teams work closely with business legal risk and audit functions to provide expertise on regulatory compliance matters assess and measure compliance and related risks and monitor and test the adequacy of the firm s compliance environment We are looking for an experienced Compliance Associate Manager who is well-versed in the current regulatory frameworks applicable for Banks Non Bank Financial Sectors and corporate governance best practices in order to support all aspects of PhonePe s regulatory compliance practices including program management for various regulatory implementations risk assessment licensing training and building and implementing policies and procedures across the entire PhonePe ecosystem The role demands that you are a skilled of high ethical standards with prior regulatory compliance experience and are able to work diligently to complete your duties either independently or otherwise keeping in mind the objectives of PhonePe You must be comfortable communicating with various stakeholders to deliver compliance objectives and be result-oriented to ensure that your requirements are delivered on time Roles Responsibilities Regulatory Implementations Charter Work closely with Business on implementing relevant regulatory guidelines from RBI NPCI etc 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 from onboarding grievance finance business teams for the various implementations done for future Audit requirements Keep abreast of all regulatory developments reportings and evolving best practices in compliance controls and leverage the same to implement better and current compliance standards Liaison with various stakeholders to ensure regulatory reportings are accurate and on-time Assist the team in alignment of reporting requirements in case of new updates from the regulators Support management to compile maintain and close-out audit finding responses implementation of controls as per audit recommendations etc 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 Coordinate and communicate regulatory guidelines from RBI NPCI etc observations and requirements to all relevant internal stakeholders Establish clear timelines for compliance and monitor progress to ensure all requirements are closed out on schedule Team Building and Management Reporting 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 Basic and Advanced Qualifications Any Post Graduate in Finance and Risk Management MBA CA with at least 4 years of experience in the Payments Compliance space and a proven track record as a team lead or manager Well versed with the RBI MD-KYC MD-PA MD-PPI etc NPCI and NBBL for payments products 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 Being a certified compliance professional is a plus 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 Our inclusive culture promotes individual expression creativity innovation and achievement and in turn helps us better understand and serve our customers We see ourselves as a place for intellectual curiosity ideas and debates where diverse perspectives lead to deeper understanding and better quality results PhonePe is an equal opportunity employer and is committed to treating all its employees and job applicants equally regardless of gender sexual preference religion race color or disability If you have a disability or special need that requires assistance or reasonable accommodation during the application and hiring process including support for the interview or onboarding process please fill out this form Read more about PhonePe on our blog