About the role
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!
Role: Risk Analyst JD
What to expect from this role:
We plan to expand our risk strategy team, and we are looking for risk analysts who will work on building risk strategy for our lending business. They will work in a dynamic environment, and with cross-functional teams to help manage risk while continuously supporting the business to grow. They will be expected to work on:
- Build Risk strategies to manage Fraud and Credit Risk for Lending business
- Evaluate alternate data sources to solidify the risk management
- Build the best risk models
- Be able to clearly communicate results and recommendations to various stakeholders
- Evaluate the effectiveness of the solutions and improve upon them in a continuous manner
- We expect them to have a mix of a strong technical background and to have a keen eye for business implications of their work
The ideal candidate for this role should:
- BTech/ BE from Tier-I & II colleges
- Experience in SQL, Python, MS Excel
- Experience with Statistical modeling such as Decision Trees, XGBoost etc. preferred
- Be agile and highly collaborative, communicate impressively
- Strong analytical acumen and problem solving
- Be highly data-driven and adept at balancing needs with business goals
- Thrive in a competitive and a result-oriented work environment
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.
Aplyr's read
PhonePe is a transformative force in India's digital payments, driven by a diverse team focused on innovation and financial inclusion.
What's promising
- •PhonePe has a strong market presence in India's rapidly growing digital payments sector.
- •The company offers diverse roles, indicating robust growth and expansion.
- •Its focus on financial inclusion aligns with national economic goals, enhancing relevance.
What to watch
- •High competition from other fintech giants could impact market share.
- •Regulatory changes in India may pose operational challenges.
- •Rapid growth might strain internal resources and employee workload.
Why PhonePe
- •PhonePe's integration with UPI distinguishes it from many competitors.
- •It has a strong emphasis on promoting cashless transactions in rural areas.
- •The company leverages local market insights to tailor its financial solutions.
Aplyr’s read is generated by AI from public sources. Was it useful?
About PhonePe
PhonePe is a leading digital payments platform in India that enables users to make seamless transactions through its mobile app. It has significantly impacted the financial landscape by promoting cashless transactions and enhancing financial inclusion across the country.
