About PhonePe Limited:
Headquartered in India, its flagship product, the PhonePe digital payments app, was launched in Aug 2016. As of April 2025, PhonePe has over 60 Crore (600 Million) registered users and a digital payments acceptance network spread across over 4 Crore (40+ million) merchants. PhonePe also processes over 33 Crore (330+ Million) transactions daily with an Annualized Total Payment Value (TPV) of over INR 150 lakh crore.
PhonePe’s portfolio of businesses includes the distribution of financial products (Insurance, Lending, and Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus AppStore Localized App Store for the Android ecosystem) in India, which are 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 go the extra mile to make sure you can bring your best self to work, Everyday!. And that starts with creating the right environment for you. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. PhonePe-rs solve complex problems and execute quickly; often building frameworks from scratch. If you’re excited by the idea of building platforms that touch millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!
Senior Executive - Technology Risk & Compliance
Team - Technology Risk & Compliance
Location - Bangalore
Roles and Responsibilities:-
- Perform testing of IT Application Controls, IPE, and Interface Controls through code reviews, IT General Controls review covering areas such as Change Management, Access Management, Backup Management, Incident and Problem Management, SDLC, Data Migration, Batch Job scheduling/monitoring and Business Continuity and Disaster Recovery
- Assist in preparation of Risk Assessment, identification, and Evaluation of Controls, prepare process flow diagrams and document the same in Risk & Control Matrix.
- Perform business process walkthrough and controls testing for IT Audits.
- Performing planning and executing audits, including - SOX, Internal Audits, External Audits, Management Testing
- Prepare/Review of Policies, Procedures, SOPs
- Maintain relationships with management and the Manager to manage expectations of service, including work products, timing, and deliverables.
- Demonstrate a thorough understanding of complex information systems and evaluate impacts on the work to be performed.
- Coordinate effectively and efficiently with the Engagement manager and the management keeping both constantly updated regarding project’s progress. Collaborate with other members of the team to plan the engagement and develop relevant workpapers/deliverables.
Role Requirements:-
- BE / Btech /MTech/ MCA/ BCA and approximately 2-4 years of related work experience; or a master’s or MBA degree in business, computer science, information systems, engineering
- Experience in performing IT audits of financial sector applications
- Good to have knowledge of other IT regulations, standards and benchmarks used by the IT industry (e.g. SOX, COBIT, SSAE18/ISAE 3402 etc.)
- Experience in carrying out OS/DB/Network reviews
- Exposure to Risk Management and Governance Frameworks/ Systems will be an added advantage.
- Exposure to multiple ERP systems will be added advantage
- Experience in performing technical code reviews (understanding code logic based on business requirement) Strong project management, communication (written and verbal) and presentation skills
- A team player
- Strong self-directed work habits, exhibiting initiative, drive, creativity, maturity, self-assurance, and professionalism
- Preferred Certifications – CISA
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
Our inclusive culture promotes individual expression, creativity, innovation, and achievement and in turn helps us better understand and serve our customers. We see ourselves as a place for intellectual curiosity, ideas and debates, where diverse perspectives lead to deeper understanding and better quality results. PhonePe is an equal opportunity employer and is committed to treating all its employees and job applicants equally; regardless of gender, sexual preference, religion, race, color or disability. If you have a disability or special need that requires assistance or reasonable accommodation, during the application and hiring process, including support for the interview or onboarding process, please fill out this form.
Read more about PhonePe on our blog.
Life at PhonePe
PhonePe in the news
Skills Required
- Bachelor's degree (BE/BTech/BCA) or Master's (MTech/MCA/MBA)
- Approximately 2-4 years of related work experience
- Experience performing IT audits of financial sector applications
- Experience performing OS/DB/Network reviews
- Experience performing technical code reviews and understanding code logic against business requirements
- Experience with IT General Controls testing (Change Management, Access Management, Backup, Incident/Problem Management, SDLC, Data Migration, Batch Job scheduling/monitoring)
- Ability to prepare risk assessments, process flow diagrams, and risk & control matrices
- Experience planning and executing audits (SOX, internal, external, management testing)
- Strong project management, written and verbal communication, and presentation skills
- Team player with strong self-directed work habits, initiative, and professionalism
- Knowledge of IT regulations/standards (SOX, COBIT, SSAE18/ISAE 3402)
- Exposure to Risk Management and Governance Frameworks/Systems
- Exposure to multiple ERP systems
- CISA certification
What We Do
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).
