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PhonePe Hiring for Back Office Securities Settlement

Required Key Skills 

• Candidate should be well versed with Retail trade settlement of all products available in Capital Market & responsible for trade settlement, Auction Settlement.
• Knowledge of Pledger, Re-pledge, Unpledge & revoke of client securities & Demat/ Settlement Reconciliations
• Perform daily controls and reconciliation functions for derivative & cash trades
• Managing regulatory reporting requirements
• Corporate Action handling
• Handling client queries / audit queries / inspection queries
• Investigate exceptions and liaise with multiple teams across Front Office, Middle Office, Back Office and technology teams to get the exceptions resolved.
• Escalate issues for any urgent matters or assistance.
• Strong product knowledge thorough understanding of the end to end transaction cycle for derivative products.

PhonePe Full Time Employee Benefits

• 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, Mobile & Broadband Reimbursements, Salary Advance Policy

PhonePe is India’s leading digital payments platform with over 280 million registered users. Using PhonePe, users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold, and make investments. PhonePe went live for customers in August 2016 and was the first non-banking UPI app and offered money transfer to individuals and merchants, recharges and bill payments to begin with.

In 2017, PhonePe forayed into financial services with the launch of digital gold, providing users with a safe and convenient option to buy 24-karat gold securely on its platform. PhonePe has since launched Mutual Funds and Insurance products like tax-saving funds, liquid funds, international travel insurance, Corona Care, a dedicated insurance product for the COVID-19 pandemic among others.