AM/M - BFSI Compliance

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!

Overview

The Candidate will be responsible for ensuring adherence to IRDAI regulations, RBI’s Digital Lending guidelines, circulars, guidelines, and other applicable regulatory requirements. The role will involve advising business teams on compliance aspects, implementing regulatory updates, maintaining effective reporting mechanisms, assisting in internal audit and ensuring robust compliance governance across the organization.This position also provides exposure to other regulatory frameworks beyond insurance, enabling a well-rounded compliance career path.

Key Responsibilities

• Track, interpret, and disseminate IRDAI,RBI circulars, guidelines, and exposure drafts to stakeholders.

• Ensure timely implementation of new regulations and monitor their impact on business.