Analyst, Credit Risk Management

3 Months ago • Upto 1 Years

Job Summary

Job Description

PhonePe is seeking a Risk Analyst to join its expanding risk strategy team. This role will focus on building risk strategies for the company's lending business, working in a dynamic environment with cross-functional teams to manage risk while supporting business growth. Responsibilities include: developing risk strategies to manage fraud and credit risk, evaluating alternative data sources to strengthen risk management, collaborating with data science teams to build optimal risk models, communicating results and recommendations to stakeholders, and continuously evaluating and improving solutions.
Must have:
  • BTech/BE from Tier-I & II colleges
  • Experience in SQL, Python, MS Excel
  • Strong analytical acumen and problem-solving skills
  • Highly data-driven and adept at balancing needs with business goals
  • Thrive in a competitive and result-oriented work environment
Good to have:
  • Experience with Statistical modeling such as Decision Trees, XGBoost etc.
  • Be agile and highly collaborative, communicate impressively
Perks:
  • Medical Insurance
  • Critical Illness Insurance
  • Accidental Insurance
  • Life Insurance
  • Employee Assistance Program
  • Onsite Medical Center
  • Emergency Support System
  • Maternity Benefit
  • Paternity Benefit Program
  • Adoption Assistance Program
  • Day-care Support Program
  • Relocation benefits
  • Transfer Support Policy
  • Travel Policy
  • Employee PF Contribution
  • Flexible PF Contribution
  • Gratuity
  • NPS
  • Leave Encashment
  • Higher Education Assistance
  • Car Lease
  • Salary Advance Policy

Job Details

About PhonePe Group: 

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. The PhonePe Group is a portfolio of businesses 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 take extra care to make sure you give your best at work, Everyday! And creating the right  environment for you is just one of the things we do. We empower people and trust them to do the right  thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a  big part of being at PhonePe. If you like building technology that impacts 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 
  • Collaborate with Data Science team to 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

Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.

Life at PhonePe

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About The Company

PhonePe was founded in December 2015 and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 48 crore (480 Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.6 crore (36 Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% of the postal codes across India. PhonePe is also the leader in Bharat Bill Pay System (BBPS), processing over 45% of the transactions on the BBPS platform. PhonePe forayed into financial services in 2017, providing users with safe and convenient investing options on its platform. Since then, the company has introduced several Mutual Funds and Insurance products that offer every Indian an equal opportunity to unlock the flow of money and access to services. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2023 by Trust Research Advisory (TRA).



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