Intern - Technology Risk & Compliance

2 Days ago • All levels

Job Summary

Job Description

As an intern in the Technology Risk & Compliance role at PhonePe, you will collaborate with stakeholders to ensure products meet regulatory requirements. Given the diverse licenses of PhonePe, you will assist in compliance audits and participate in the Third-Party Risk Management program, assessing vendor risks with business teams. Responsibilities include interpreting regulations for alignment with PhonePe's operations and gathering evidence for ongoing regulatory compliance. This position offers an opportunity to gain experience in information security principles and GRC within a leading digital payments company.
Must have:
  • Solid knowledge of information security principles.
  • Good understanding of Governance, Risk, and Compliance (GRC).
  • Exceptional communication skills, both written and spoken.
  • Ability to effectively manage and engage stakeholders.

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!

About PhonePe

 

PhonePe is India's largest transactions platform built on payments. It is the crusader of UPI payments and a proud contributor to the hypergrowth of the world's most advanced payments system.

We are leading the narrative on mobile payments which will change the way people manage their money on the go. We want to make digital payments so easy, safe and universally accepted that people never feel the need to carry cash or cards again. We see ourselves facilitating this change, through technology at scale, positive disruption, and dogged customer centricity.

PhonePe started in 2015 and has achieved many milestones in the last 6 years and is rightly India's Payments App. Culturally, as a team, we learn fast, fail fast, act to impact, run lean and collaborate to bring out excellence and intellectual honesty in each other.

Skills Expected:


•    Solid foundational knowledge of information security principles and Governance, Risk, and Compliance (GRC).
•    Exceptional communication abilities, both spoken and written.
•    Effectively manage and engage stakeholders.
Team & Responsibilities:


As part of the IT Compliance team, you will collaborate with various stakeholders to ensure our products are developed in accordance with regulatory requirements. Given PhonePe's diverse licenses (Wallet, e-KYC, UPI, etc.), you will play a key role in supporting multiple compliance audits. Additionally, you will be involved in our Third-Party Risk Management program, conducting risk assessments on vendors in partnership with business teams and the vendors themselves.
Day-to-Day (BAU):
Your responsibilities will include interpreting regulations to align with PhonePe's business operations and identifying and gathering necessary evidence to demonstrate ongoing regulatory 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

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

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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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