Associate Director, Business Development and Implementation - UPI

9 Hours ago • 6-10 Years

Job Summary

Job Description

This Associate Director role at PhonePe involves leading business development and implementation for UPI-related products on the consumer app. Responsibilities include managing relationships with payment networks, bank partners, and third parties; designing product constructs and go-to-market strategies; driving project implementation; coordinating with various internal teams; and presenting updates to senior management. The role requires strong business intuition and stakeholder management skills. Additionally, the candidate needs to define and execute operating plans independently while managing a team.
Must have:
  • 6-10 years of experience in the payments domain.
  • Understanding of or exposure to UPI from a product perspective.

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!

Associate Director, Business Development and Implementation-UPI

at PhonePe

Bangalore

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!

Be part of one of the fastest growing businesses within PhonePe and contribute towards PhonePe’s
mission to provide best payments experience to millions of users across the country. As part of the
Payments team, the candidate will get exposure to multiple categories at PhonePe and will need to
develop cross-functional understanding to drive growth in customers and revenue for PhonePe.
The role is fit for someone with strong business intuition, first principles thinking stakeholder
management skills and the ability to understand complex systems.


Job overview

  • Lead implementation and business development for all UPI related products for the PhonePe consumer app
  • Fully own and grow the relationship with the Payment Network(NPCI), Bank Partners and any third party involved in building out UPI products on PhonePe. Work to align best in class product constructs, commercials and legal terms 
  • Ideate to help design population scale  Product Constructs and Go To Market plans for their line of business
  • Relentlessly drive implementation of agreed approaches to deliver projects and features on time
  • Liaise with Product, Tech, Legal, Compliance and  Business Finance management to close agreements and deliver products
  • Design and create clear frameworks for product, feature and/or partner selection and present updates to Sr Management.
  • Ability to manage and take a balanced view on complex product level compliances across UPI products
  • Have the capability to be able to present and align top management on metrics, plans and ideas
  • Ability to define and execute on all the above plus operating plans independently while being able to manage a medium sized team


Preferred background and qualifications
● 6-10 years of experience in the payments domain, preferably at growing startups or banks
● Understanding of or exposure to UPI from a product or business perspective

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 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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