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Senior Manager, Category Operations at PhonePe — Bengaluru

Experience7–10 yrs
SalaryNot disclosed
Work modeonsite
Posted30 Sept 2026

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About PhonePe

PhonePe is hiring in Bengaluru in financial services. This role looks for around 7+ years of experience.

Skills

Commodities Risk Management
Risk Management System
Commodity Trading
Capital Markets
Margin Systems
Exchange Interfaces
Risk Management Policies
Regulatory Compliance

The role

A commodities risk management professional at a digital payments and financial services company manages commodity trading risk through Internal Controls / Risk Manager practices and develops risk policies and exchange compliance controls. The role monitors margins, exposures and collateral while optimising Risk Management System workflows.

Full job description

PhonePe Limited (Formerly PhonePe Private Limited) is a technology company that builds digital platforms for Payments, Digital Distribution Services and Financial Services. Headquartered in India, the PhonePe digital payments app was launched in 2016. As of April 2026, PhonePe has over 70 Crore life-till-date registered users and a digital payments acceptance network spread across over 5 Crore merchants. PhonePe’s products and services include Consumer Payments (including Digital Distribution Services), Merchant Payments, Lending and Insurance Distribution services, and New Platforms, which comprise Share.Market (stock broking and mutual funds distribution platform), and Indus Appstore (Android-based mobile app marketplace). 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

We are looking for a Commodities category and Risk Management professional responsible for the following key duties:

Assist the Product team on Commodities initiatives, providing risk management expertise and recommendations for product enhancementsManage and monitor risk parameters for commodity trading activities through the Risk Management System (RMS), ensuring adherence to internal risk policies and exchange/regulatory requirementsMonitor and analyse client positions, margins, exposure, limits, collateral, and risk controls to identify potential risks and ensure complianceOversee day-to-day commodity risk management operations, including position reconciliation, margin calculations, and limit monitoring across trading platformsDevelop and maintain risk management policies, procedures, and controls specific to commodities trading activitiesPrepare comprehensive risk reports and analytics for senior management, highlighting key metrics, trends, and potential exposuresCollaborate with exchange partners, clearing houses, and regulatory bodies to ensure compliance with external requirements and industry standardsLead incident management and escalation procedures for risk breaches or system anomalies, implementing corrective actions as neededMentor and guide junior team members on risk management best practices and RMS platform utilisationOptimise RMS workflows and system configurations to enhance operational efficiency and risk monitoring capabilities

Qualifications

7-10 years in Commodities Product and Commodities Risk Management / RMS / Commodity Risk / Stock Broking / Capital Markets. Experience with RMS/OMS platforms, exchange interfaces, margin systems and commodity trading systems will be preferred.

Additional Information

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.