Trainee – PhonePe (12-Month Internship Opportunity)

Are you a CA aspirant or finance enthusiast looking to build a career in the ever-evolving fintech compliance space? This Industrial Trainee – Payments Compliance internship offers an exceptional opportunity to gain real-world experience in regulatory compliance within India's dynamic payments ecosystem. Over a 12-month period, you'll work closely with seasoned compliance professionals, gain insights into financial regulations, and contribute to maintaining the regulatory integrity of a fast-growing fintech company. Roles and Responsibilities: As an Industrial Trainee in the Payments Compliance team, you will be responsible for supporting regulatory processes, documentation, and stakeholder communication, while learning about India's complex financial regulatory framework. Regulatory Monitoring & Implementation: - Monitor, research, and analyze changes in Indian payment regulations issued by RBI, NPCI, and other governing bodies. - Share timely updates and insights with relevant internal teams and stakeholders. - Assist in the implementation of new regulatory guidelines and collect supporting evidence for audit and inspection readiness. Compliance Documentation & Reporting: - Support the creation and maintenance of compliance certifications and internal policy documents. - Assist in documenting internal compliance frameworks in line with regulatory changes. - Maintain accurate and organized records for future audit and regulatory reviews. Audit & Stakeholder Coordination: - Coordinate with multiple teams during regulatory inspections, including gathering responses to audit observations. - Liaise with internal stakeholders to clarify compliance queries, audit requirements, and ensure closure of any identified non-compliance issues. - Support the implementation of audit recommendations and internal controls. Research & Analysis: - Conduct focused research on key compliance topics such as KYC/AML, data localization, and transaction monitoring. - Provide input and insights on compliance risks and support proactive decision-making within the compliance team.