Compliance Manager - Stock Broking

Manager, Compliance

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!

Job Description: Manager, Compliance – Stock Broking
Reporting to: Senior Manager / Head of Compliance.

Role Overview: The Manager, Compliance will be responsible for ensuring adherence to regulatory guidelines and internal policies in the stock broking business. This role involves managing compliance processes, conducting risk assessments, and liaising with regulators to uphold the highest standards of market integrity.

Key Responsibilities:

● Oversee day-to-day compliance activities, ensuring alignment with SEBI, NSE, BSE, CDSL and other regulatory requirements.
● Conduct periodic compliance audits and risk assessments to identify gaps and recommend corrective measures.
● Collaborate with internal teams to ensure compliance with trading, surveillance, and reporting obligations.
● Handle regulatory inspections, inquiries, and ensure timely submission of reports.
● Develop and maintain compliance policies, manuals, and training programs for employees.
● Monitor regulatory updates and implement necessary changes in processes and controls.
● Support senior leadership in regulatory engagements and strategy formulation.

Qualifications & Experience:

● 5-8 years of experience in compliance, risk management, or regulatory functions within stock broking or capital markets.
● Strong understanding of SEBI regulations, exchange rules, and compliance frameworks.
● Ability to interpret regulatory guidelines and implement them effectively.
● Excellent communication and stakeholder management skills.
● Prior experience in handling regulatory audits and inquiries is preferred.

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

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Experience Level

Senior Level