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. They plan to expand their risk strategy team, and they are looking for experienced risk professionals who will work on building risk strategy for their 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.
Name of the
Organization: PhonePe
Requisition
ID: 6242746003
Positions: Risk
Analyst
Location: Bengaluru
Salary: As per
company Norms
Required
Qualifications:
- B.Tech / B.E from Tier-I & II colleges
- 1-2 years of experience in Risk Analytics preferably with FinTechs
- Experience in SQL, Python, MS Excel
- Preferably experience with Statistical modeling such as Logistic Regression, Decision Trees, Gradient Boosting models etc.
- Be agile and highly collaborative, communicate impressively
- Strong analytical acumen and problem solving
- Be skilled in building and managing business alliances
- Be highly data-driven and adept at balancing needs with business goals
- Thrive in a competitive and a result-oriented work environment
Responsibilities:
- Build Risk strategies to manage Fraud and Credit Risk for Lending business
- Build best in class risk models
- Be able to clearly communicate results and recommendations to various stakeholders
- Manage the overall portfolio risk and predict ECL for the portfolio
- Evaluate alternate data sources to solidify the risk management
- Work with cross-functional teams to build the anomaly detection capabilities
- Collaborate with Product team to build the right product to manage risk
- 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
Benefits:
- 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
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