Analyst, Credit Risk Management - Consumer

PhonePe’s interview process typically starts with an online assessment focusing on SQL queries and Python coding, followed by a technical interview that delves into statistical modeling, risk case studies, and problem‑solving. The final HR round assesses cultural fit and motivation. Candidates should practice data‑driven problem solving, be ready to discuss real‑world risk scenarios, and demonstrate clear communication.

PhonePe promotes a fast‑paced, data‑driven environment where ownership and collaboration are encouraged. Employees enjoy strong growth opportunities, mentorship programs, and a balanced work‑life approach supported by wellness initiatives.

BTech/BE from Tier‑I or Tier‑II engineering colleges, any branch (preferably Computer Science, Information Technology, or related), minimum 60% aggregate (or CGPA 6.5/10), graduating batch 2025/2026, no active backlogs at the time of joining.

Round 1: Online Assessment (SQL & Python coding) → Round 2: Technical Interview (risk modeling, case studies) → Round 3: HR Interview (cultural fit, motivations)

PhonePe Limited, headquartered in Bangalore, is one of India’s leading digital payments platforms. Launched in August 2016, the PhonePe app now boasts over 60 crore (600 million) registered users and a merchant network of more than 4 crore (40+ million) merchants across the country. The company processes upwards of 33 crore (330 million) transactions daily, with an annualized total payment value exceeding INR 150 lakh crore. Beyond payments, PhonePe’s ecosystem includes financial product distribution—insurance, lending, and wealth services—as well as newer consumer tech ventures such as Pincode (hyper‑local e‑commerce) and Indus AppStore (a curated Android app marketplace). This diversified portfolio fuels the company’s mission to democratise financial access and accelerate economic progress for every Indian. The culture at PhonePe is built around empowerment, speed, and ownership. Employees are encouraged to bring their authentic selves to work, collaborate across functions, and build solutions that impact millions. The firm values curiosity, data‑driven decision‑making, and a relentless focus on customer outcomes. With a fast‑moving environment, analysts get the chance to shape core risk frameworks while learning from some of the brightest minds in fintech. **Role Summary** As a Credit Risk Management Analyst for the consumer lending arm, you will be part of a growing risk strategy team tasked with designing, implementing, and continuously refining risk models that safeguard the business while enabling growth. You will work closely with product, data engineering, and business stakeholders to translate raw data into actionable risk insights. **Key Responsibilities** 1. Build and iterate end‑to‑end risk strategies to mitigate fraud and credit risk for PhonePe’s lending products. 2. Source, evaluate, and integrate alternative data sets (e.g., transaction history, device metadata) to strengthen risk assessments. 3. Develop predictive risk models using techniques such as decision trees, XGBoost, and ensemble methods. 4. Conduct rigorous model validation, back‑testing, and performance monitoring. 5. Communicate model outcomes, insights, and recommendations clearly to cross‑functional stakeholders. 6. Collaborate with data engineers to ensure data pipelines are robust, clean, and scalable. 7. Continuously assess the effectiveness of risk controls and propose enhancements. 8. Document risk frameworks, assumptions, and governance processes. 9. Stay updated with industry best practices, regulatory changes, and emerging fraud patterns. 10. Participate in ad‑hoc analytical projects that support broader business objectives. **Tech Stack**: SQL, Python (pandas, scikit‑learn), MS Excel, statistical modelling tools, version control (Git), cloud data platforms (e.g., BigQuery, Snowflake). **Growth Path**: Successful analysts can progress to Senior Analyst, Risk Manager, and eventually Lead Risk Strategist or Head of Credit Risk, with exposure to product strategy and leadership roles. **Why Join PhonePe?** The role offers a rare blend of technical depth and business impact in a high‑growth fintech. You will work on real‑world risk problems affecting millions of users, receive mentorship from industry veterans, and benefit from competitive compensation, comprehensive benefits, and a culture that rewards innovation and ownership.