Analyst, Credit Risk Management

About PhonePe

PhonePe is an India-headquartered company whose main digital payments app was introduced in August 2016. By April 2025, the platform had crossed 60 crore registered users, built a merchant acceptance network of more than 4 crore merchants, and was handling over 33 crore transactions each day. Its annualized total payment value exceeds INR 150 lakh crore.

Beyond payments, the company operates in financial products such as insurance, lending, and wealth, along with consumer technology offerings like Pincode, its hyperlocal commerce platform, and Indus AppStore, a localized Android app store. These businesses support PhonePe’s goal of helping every Indian move ahead through better access to money and services.

Culture at PhonePe

PhonePe emphasizes ownership, speed, and accountability. Team members are trusted to take charge of their work from day one, solve difficult problems, and build new frameworks when needed. The environment is designed for people who enjoy creating products that affect millions, working with strong peers, and moving quickly with purpose.

Role Overview

The company is growing its risk strategy function and is hiring risk analysts to help shape lending risk strategy. The role sits in a fast-moving environment and involves working closely with multiple teams to manage risk while supporting business growth.

Key Work Areas

• Design and strengthen strategies to manage fraud and credit risk for the lending business.
• Assess alternative data sources to improve the overall risk management approach.
• Develop effective risk models.
• Present findings, insights, and recommendations clearly to different stakeholders.
• Measure how well risk solutions work and keep refining them over time.
• Balance technical depth with an understanding of business impact.

Ideal Candidate Profile

• Engineering graduates from Tier I or Tier II colleges, preferably B.Tech or B.E.
• Hands-on experience with SQL, Python, and MS Excel.
• Exposure to statistical modeling methods such as Decision Trees and XGBoost is preferred.
• Strong collaboration skills with the ability to communicate effectively.
• Good analytical thinking and problem-solving ability.
• Comfortable working in a data-led environment with clear business objectives.
• Ability to perform well in a competitive, results-focused setting.

Employee Benefits

This full-time employee role includes the following benefits:

• Insurance coverage such as medical, critical illness, accidental, and life insurance.
• Wellness support including an employee assistance program, onsite medical center, and emergency support system.
• Parental support such as maternity benefits, paternity benefit program, adoption assistance, and daycare support.
• Mobility support including relocation assistance, transfer support policy, and travel policy.
• Retirement support including employee PF contribution, flexible PF contribution, gratuity, NPS, and leave encashment.
• Additional benefits such as higher education assistance, car lease, and salary advance policy.

Equal Opportunity Commitment

PhonePe follows an inclusive hiring approach and offers equal employment opportunities regardless of gender, sexual preference, religion, race, color, or disability. Candidates who need support or reasonable accommodation during application, interviews, or onboarding can request assistance through the company’s accommodation process.