Join PhonePe as a Freshers Operation Analyst

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Operation Analyst

In the rapidly evolving fintech ecosystem of India, PhonePe has carved out a name for itself as a digital payments powerhouse. With over 60 crore users, 40+ million merchants, and 33+ crore daily transactions, it’s not just a company—it’s a movement. If you’re looking to shape the future of financial transactions, here’s your opportunity: PhonePe is hiring an Operation Analyst for its Securities Settlement division in Bengaluru.

🌟 Why This Role Matters

As an Operation Analyst, you will play a critical role in ensuring smooth back-office operations, trade settlements, and compliance with regulatory frameworks. You’ll be at the core of operations that support PhonePe’s seamless financial products—from capital market trades to derivative settlements.


🚀 What is the Role of an Operation Analyst at PhonePe?

The Operation Analyst in Securities Settlement is responsible for managing, reconciling, and processing financial trades across various markets. This includes tasks like trade settlements, client securities handling, regulatory reporting, and addressing audit queries.


🧠 Key Responsibilities

  • Manage retail trade settlements across capital and derivative markets.
  • Handle auction and physical settlements efficiently.
  • Ensure accurate pledger/re-pledge/unpledge operations.
  • Execute daily controls and reconciliations for trades.
  • Process regulatory reports and corporate actions.
  • Resolve client, audit, and inspection queries proactively.
  • Test and implement updates in the Backoffice system.
  • Collaborate across teams for process enhancement and issue resolution.

📍 Location & Work Culture

  • Job Location: Bengaluru, Karnataka, India
  • Work Environment: High-pressure, performance-driven, collaborative
  • Culture: Innovation, speed, ownership, trust, and diversity

PhonePe believes in giving employees ownership, fostering innovation, and solving problems from scratch. If you’re passionate about building at scale, this is where you belong.


📘 Required Skills & Competencies

Skill/RequirementDetails
Experience Level0–2 years (Freshers welcome)
Knowledge of SettlementsCapital & Derivatives Markets
Technical Know-howReconciliations, Trade Processing, Regulatory Reporting
Software & ToolsBackoffice systems, Reporting platforms
Soft SkillsCommunication, Problem-solving, Collaboration
Industry KnowledgeEnd-to-end derivatives transaction cycle

📚 Educational Qualification

A relevant degree in Finance, Economics, Commerce, or any field related to securities and capital markets is preferred. PhonePe also welcomes fresh graduates who are eager to learn and take ownership of their responsibilities.


🎁 Why Join PhonePe as an Operation Analyst?

PhonePe offers more than just a job—it offers a career experience that is dynamic, fast-paced, and rewarding. As an Operation Analyst, you’ll:

  • Work on real-world transactions affecting millions.
  • Gain cross-functional exposure with engineering, compliance, and customer support.
  • Be part of a high-growth fintech brand redefining how India transacts digitally.

💼 Employee Benefits at PhonePe

CategoryBenefits
InsuranceMedical, Critical Illness, Life & Accidental
WellnessEmployee Assistance, Onsite Medical, Emergency Support
Parental SupportMaternity, Paternity, Adoption, Daycare Programs
MobilityRelocation, Transfer Support, Travel Policies
RetirementPF, NPS, Gratuity, Leave Encashment
Other PerksHigher Education Assistance, Car Lease, Salary Advance

🌍 Diversity, Equity & Inclusion

PhonePe believes in an inclusive work culture where every voice matters. They are an equal opportunity employer, ensuring that no candidate is discriminated against based on gender, religion, race, disability, or sexual orientation.


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📝 Conclusion: Ready to Make an Impact?

This is your moment to join one of India’s fastest-growing digital platforms as an Operation Analyst. You’ll not only grow your skills in trade settlements and compliance but also be part of a legacy that’s revolutionizing how money moves in India.

Apply now and take your first step toward a transformative career with PhonePe!


Chandan Mahato

This article is written by me, and I have Master's Degree in Computer Applications (MCA). For any inquiries, feel free to contact me at chandan@jobcode.in. I’m happy to assist you!