Business Operations Analyst, Payments

1 Month ago • 1-2 Years • Operations

About the job

Job Description

This role offers an exclusive opportunity to work on payments related initiatives with leading banks, financial and national institutions. You will work closely with external stakeholders including partner banks and networks. Responsibilities include handling day to day business operations with external and internal stakeholders, identifying areas of operations that require technological intervention, coordinating with stakeholders for implementation of technical solutions, managing business reporting and any ad hoc reporting required, developing and nurturing relationships with payment players, focusing on execution, providing customer-first attitude to lessen pain points, monitoring transaction success rates, analyzing data to enhance products and processes, coordinating with Customer Support teams, handling escalations to provide prompt resolution, maintaining Bank and Network relations in resolving Ad-hoc issues, addressing internal queries, data requirements and escalations, working closely with the finance team to drive reconciliations, collaborating with internal and external business + technical teams to spearhead integrations and go-live.
Must have:
  • 1-2 years of experience in operations/payment industry
  • Strong communication skills and negotiation abilities
  • Advanced knowledge of Excel and basic knowledge of SQL
Good to have:
  • B.Tech/MBA preferred
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
Not hearing back from companies?
Unlock the secrets to a successful job application and accelerate your journey to your next opportunity.

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!

Job Description – Business Operations Analyst - Payment Operations


➢ This role offers an exclusive opportunity to work on payments related initiatives with leading banks, financial and national institutions.
➢ Be a champ and work closely with external stakeholders including partner banks and networks.
➢ Responsible for handling day to day business operations with external and internal stakeholders.
➢ Identifying areas of operations that require technological intervention and co-ordinating with stakeholders for implementation of technical solutions.
➢ Responsible for management of business reporting and any ad hoc reporting required from time to time. Proficient knowledge of Excel is a must.
➢ Help develop and nurture relationships with payment players.
➢ Strongly focussed on execution.
➢ Customer-first attitude; always on toes to lessen pain points of customers.
➢ Monitoring transaction success rates and regularly analyzing data to bring about enhancements in products as well as improvement in processes and success rates.
➢ Coordinating with Customer Support teams and handling escalations on a day to day basis to provide prompt resolution to the customers.
➢ Maintaining Bank and Network relations in resolving Ad-hoc issues and improving existing operational processes.
➢ Addressing internal queries, data requirements and escalations regarding Payment transactions.
➢ Work closely with the finance team to drive reconciliations and execute required corrections.
➢ Collaborate with internal and external business + technical teams to spearhead integrations and go-live.


Requirements:
➢ Minimum work experience of 1-2 years in the operations/payment industry
➢ Driving personality with an attitude of constantly pushing towards clarity and outcome while balancing the need for a great collaboration.
➢ Strong communication skills and ability to negotiate for one's requirements
➢ Advanced knowledge of Excel and basic knowledge of SQL
➢ Qualifications - B.Tech/MBA preferred

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

PhonePe in the news

View Full Job Description

Add your resume

80%

Upload your resume, increase your shortlisting chances by 80%

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).



Pune, Maharashtra, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

View All Jobs

Get notified when new jobs are added by Phonepe

Similar Jobs

Social Discovery Group - Deputy Head of Core Products

Social Discovery Group, Serbia (Remote)

LivSYT - Senior Back End Developer

LivSYT, India (On-Site)

GoTo Group - Senior Software Engineer (Backend) - DPI

GoTo Group, Indonesia (On-Site)

Ecolab - Sr Software Engineer - Mobile

Ecolab, India (On-Site)

ARHS - Software Developer (Java)

ARHS, Bulgaria (On-Site)

Sporty Group - IN Associate - Payment Operations Support

Sporty Group, India (On-Site)

DAZN - TechOps engineer

DAZN, India (On-Site)

OpenGov - Implementation Consultant - EAM

OpenGov, United States (Hybrid)

Scopely - Executive Assistant

Scopely, Mexico (On-Site)

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Riot Games - Database Engineer (Contractor)

Riot Games, South Korea (On-Site)

Avantor - Data Scientist

Avantor, India (On-Site)

Luxoft - Avaloq Release Manager

Luxoft, Switzerland (On-Site)

Animoca Brands - Backend Developer

Animoca Brands, Malaysia (Remote)

Playrix - Senior Data Analyst (Game)

Playrix, Montenegro (Remote)

Huuuge Games - SENIOR BUSINESS ANALYST

Huuuge Games, Poland (Hybrid)

Go Fund Me - Senior Data Scientist

Go Fund Me, Argentina (Remote)

Rockstar Games - Technical Artist: Interior Environment (All Levels)

Rockstar Games, United Kingdom (On-Site)

Get notifed when new similar jobs are uploaded

Jobs in Bengaluru, Karnataka, India

Arup - Web Developer

Arup, India (On-Site)

Siemens Digital Industries Software - Teamcenter Release Manager

Siemens Digital Industries Software, India (Hybrid)

Inxite Out - Data Scientist II

Inxite Out, India (Hybrid)

Luxoft - Senior PySpark Data Engineer

Luxoft, India (Remote)

Paytm - Offline Marketing

Paytm, India (On-Site)

Accredian - Product Management Faculty

Accredian, India (Hybrid)

Fluence - HR BUSINESS PARTNER

Fluence, India (On-Site)

Get notifed when new similar jobs are uploaded

Operations Jobs

CD PROJEKT RED - IT Director

CD PROJEKT RED, United States (On-Site)

The Walt Disney Company - Sr Solutions Engineer (Project Hire)

The Walt Disney Company, United States (On-Site)

ByteDance - Security and Compliance Operations-CapCut

ByteDance, United States (On-Site)

Visa - Implementation Consultant

Visa, Kazakhstan (On-Site)

Trek - Assistant Store Manager

Trek, United States (On-Site)

Sporty Group - IN Associate - Operations Support

Sporty Group, India (On-Site)

PlayStation Global - Business Planning & Operations Manager

PlayStation Global, United States (Hybrid)

Sinch - Senior Manager, IT Internal Audit

Sinch, Georgia (Hybrid)

LeoVegas - Outbound Specialist Swedish Speaking

LeoVegas, Malta (Hybrid)

The Walt Disney Company - Senior Manager, Media Systems Engineering

The Walt Disney Company, United States (On-Site)

Get notifed when new similar jobs are uploaded