PhonePe

Banking / NBFC/ Financial Services

Manager,Legal

Karnataka, India FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Manager, Legal at PhonePe. Skills: Legal Advisory, Risk Management, Regulatory Compliance, Product Structuring. Advise and assist all stakeholders on both ongoing legal risks and anticipate on new legal risks, arising by virtue of new laws or regulations.. Liaise and coordinate with partner NBFCs and Banks to structure new and existing products in compliance with applicable regulatory environments pertaining to lending and co-lending partnerships.”

Industry & Context.

Banking / NBFC/ Financial Services

What You'll Do.

Advise and assist all stakeholders on both ongoing legal risks and anticipate on new legal risks

arising by virtue of new laws or regulations.

Liaise and coordinate with partner NBFCs and Banks to structure new and existing products in compliance with applicable regulatory environments pertaining to lending and co-lending partnerships.

Conduct regular internal diligence and risk assessments related to LSP operations and digital lending processes along with compliance function and partner lenders

Coordinate with internal tech

and business teams to ensure compliant implementation of customer journeys and product features.

Maintain documentation

and MIS required for compliance

contractual requirements and internal/external regulatory audits.

How You'll Work.

Team & Collaboration

Liaise and coordinate with partner NBFCs and Banks; Coordinate with internal tech, product, and business teams

Full Job Description

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! INDUSTRY: Banking / NBFC/ Financial Services FUNCTIONAL AREA: Financial Services, Banking, Digital Lending ROLE: Manager REPORTING TO: Senior Manager Legal KEY SKILLS notifications that impact; bring to the notice of the appropriate functions about their implications and applicability.  Advise and assist all stakeholders on both ongoing legal risks and anticipate on new legal risks, arising by virtue of new laws or regulations.  Liaise and coordinate with partner NBFCs and Banks to structure new and existing products in compliance with applicable

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