SH-Jodhpur

29 Minutes ago • 3-5 Years

Job Summary

Job Description

The job involves driving PhonePe's acceptance among offline merchants in both urban and rural markets. The role includes building and maintaining relationships with merchants, DSAs, and sales executives. The incumbent will be responsible for setting up and leading a team to achieve acquisition and quality targets. Key responsibilities include business growth, stakeholder management, people management, and quality management. The role requires analyzing data, identifying improvement areas, and implementing processes to track progress and ensure compliance.
Must have:
  • MBA from a Tier 1 campus
  • 3-5 years of sales/business development experience
  • Excellent interpersonal skills
  • Experience managing larger teams
  • Strong problem-solving abilities
  • Drive for results
Good to have:
  • Exposure to a start-up environment
Perks:
  • Insurance Benefits (Medical, Critical Illness, Accidental, Life)
  • Employee Assistance Program and Onsite Medical Center
  • Maternity/Paternity Benefits, Adoption Assistance, Day-care Support
  • Relocation, Transfer, and Travel Support
  • Employee PF Contribution, Gratuity, NPS, Leave Encashment
  • Higher Education Assistance, Car Lease, Salary Advance

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 Us: Phonepe is the leader in the UPI based payments in India with a market share of more than 40%. Our goal is to make payments so easy, safe and universally accepted that people never feel the need to carry cash or cards again. We believe India is  at the cusp of a new mobile revolution, which will change the way we manage our money on the go. We  see ourselves facilitating this change, through technology and dogged customer centricity. PhonePe went live in 2016 and crossed 5 bn transactions on its platform in 2019. In 2020, PhonePe forayed into diverse areas with the launch of insurance and super funds. Today we have a customer base of 260+ mm users and 16 mm merchants live on our platform.

Job Objective: Mass offline team focuses on driving PhonePe acceptance at offline merchants across urban and rural markets across the country. ASM is responsible for building and maintaining a strong relationship with the Merchants, DSAs and sales executives. The role also requires developing a keen and sharp understanding of local merchant/customer’s needs and hence, driving PhonePe transactions based on both brand positioning and local requirements. The incumbent will be responsible to set up and drive the team to achieve the acquisition & quality targets.

Reporting Matrix: The role will report to the State Head and will have 8-10 Territory Sales Managers as direct reports and 70-80 business development executives as indirect reports.

 

Responsibilities:  

Business Growth:

  • Grow distribution and market share in the assigned area of operations
  • Identify, interact and develop DSAs to align and drive business in the market
  • Synthesize inputs on local competition from TSM and verify for authenticity across geography. If a local initiative is identified then formulate and launch counter-strategy
  • Analyze data and identify improvement areas, corroborate through market visits to identify sweet spots for performance
  • Benchmark and compare performance with territory to broad base good practices
  • Plan market size, span & geographies for TSM / TL / BDE / FL’s 
  • Should be able to device the best methods for communication of plans/targets to the team so that there is minimum expectation vs delivery gap
  • Ability to understand formats/data so as to gather right information, viz, in cases when we want them to do surveys and develop insights

Stakeholder Management:

  • Handle merchant escalations in market & partner with various internal stakeholders to resolve them
  • Partner with cross functional teams like Marketing, Sales Capability and HR to ensure appropriate levels of market collaterals, headcount, onboarding experience, etc.
  • Implement processes and metrics for tracking progress and setup review mechanisms with all the stakeholders
  • Ensure payouts to and from DSA are done as per process and timelines including accurate calculations and disbursement.

People Management:

  • Drive hiring of TSM, BDEs & RTLs to ensure 100% manning in the team
  • Onboard the new team members and help them assimilate PhonePe ways of working
  • Participate in performance appraisal process sharing insights about the team and sharing relevant feedback with team members for their growth & development
  • Coach TSMs regularly to allow them to better manage the input and output deliverables of BDEs
  • Understand the reasons of exit and take corrective action to reduce attrition
  • Drive team level R&R and engagement practices

Quality Management:

  • Monitor quality parameters like KYC, PFB usage to identify gaps, & initiate corrective action
  • Validate audits conducted by TSMs and evaluate the process followed & inputs shared by TSM
  • Monitor performance on compliance parameters to ensure zero deviation

 

Requirements: 

  • MBA from Tier 1 campus with good academic record 
  • 3-5 years of relevant experience in sales and distribution/business development
  • Excellent interpersonal skills  to manage situations on the ground
  • Should have managed larger teams on the ground
  • Exposure to the start up environment is an added advantage
  • Problem solving abilities with strong bias for impact
  • Strong ethics and discretion while dealing with customers
  • Drive for result, able to demonstrate/quantify success relative established targets and metrics

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.

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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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