Job Description

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!



: Senior Manager, Compliance - Stock Broking



Role Overview:



The Senior Manager, Compliance will be a senior member of the Compliance function for the stock

broking business, responsible for providing strategic direction, oversight, and execution of the

compliance framework. This role involves advising business and product teams, managing regulatory

engagements, ensuring timely implementation of SEBI/Exchange/Depository guidelines, and

strengthening the compliance control environment. The Senior Manager will also act as a key liaison

between internal stakeholders and regulators, ensuring a culture of integrity, accountability, and

regulatory excellence.



Key Responsibilities:



Provide strategic advisory support to business, product, legal, risk, and audit teams on

regulatory and compliance matters impacting stock broking activities.

Monitor developments in SEBI, NSE, BSE, CDSL, NSDL, and other applicable regulatory

frameworks, proactively identifying and mitigating potential risks.

Conduct gap analysis of new/revised guidelines and oversee implementation of necessary

compliance measures across processes and products.

Review and sign off on new product features and platform enhancements, ensuring

adherence to regulatory requirements and control effectiveness.

Lead the preparation and handling of regulatory inspections, inquiries, and ensure accurate

and timely submissions.

Develop and deliver compliance training programs, serving as a subject matter expert and

primary point of contact for compliance queries from staff.

Provide regular updates to senior leadership on key compliance risks, emerging issues, and

required escalations.

Build and maintain strong relationships with regulators and exchanges to foster transparent

and constructive engagement.

Qualifications & Experience:



10-12 years of experience in compliance, risk, or regulatory roles within stock broking,

depositories, or capital markets.

In-depth knowledge of SEBI regulations, exchange rules, and regulatory frameworks

governing stock broking.

Proven expertise in handling regulatory audits, inspections, and reporting obligations. Strong analytical and problem-solving skills with the ability to navigate complex regulatory

issues.

Demonstrated leadership in driving compliance initiatives, projects, and cross-functional

coordination.

Excellent communication and stakeholder management skills; ability to influence at senior

levels.

High ethical standards and commitment to fostering a culture of compliance.

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.

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