Call for Applications | Intern, Payments Compliance at PhonePe: Apply Now!

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. 

About the Job

PhonePe is hiring an intern for payment compliance.

Eligibility

• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
• CA prospects 
• Good eye for detailing with respect to each product regulations and controls 
• Basic knowledge or keen interest in the Indian regulatory landscape, particularly concerning financial services and payments (RBI guidelines, NPCI guidelines, PMLA, etc.).
• Have a good appreciation of the regulations applicable in India and APAC.
• Highly detail-oriented, motivated, curious individual with good time-management skills, analytical and communication skills
• Quick and sharp individual who relishes the challenges of understanding and interpreting regulations and processes across different businesses and jurisdictions.
• Strong communication, interpersonal and influencing skills. The candidate should have the ability to establish credibility and strong partnerships with senior business leaders, control functions and corporate partners globally.
• Fluency in written and spoken English is a must have. Excellent written skills, and ability to prepare clear, concise reports with minimal supervision.

Responsibilities

• Assist the compliance team in monitoring and analysing changes in Indian payments
• regulations, guidelines, and circulars issued by the RBI and other relevant bodies.
• Assist in responding to queries from internal teams regarding compliance requirements.
• Share regular and timely updates with all relevant stakeholders with regards to the progress on the ongoing regulatory implementations.
• Collect and Store relevant evidence, received from stakeholders from the various implementations done, for future Audit requirements.
• Support in formulating and providing compliance certifications on all regulatory implementations carried out on a periodic basis with various stakeholders.
• Help in documenting and updating internal compliance policies and frameworks in line with regulatory changes.
• Assist during regulatory inspections and ensure closure of the observations with multiple stakeholders
• Liaise with internal stakeholders to explain the audit requirements and observations in a timely fashion.
• Support management to compile, maintain and close-out audit finding responses, implementation of controls as per audit recommendations, etc. and ensure all Non IT audit observations.
• Maintain accurate records of compliance activities and documentation.
• Conduct research on specific compliance topics related to payments, including KYC/AML, data localization, transaction monitoring, etc.

Duration

12 months 

Application Procedure

Click Here To Apply.