PhonePe

Risk & Compliance Intern

InternshipHybridRanchi, Jharkhand6 months42K/mo3 openingsImmediate / Rolling

About this internship

Join PhonePe in Ranchi as a Risk & Compliance Intern. This entry-level internship is designed for finance, commerce and analytics students who want practical, resume-ready experience inside a regulated fintech & payments. About the role As a Risk & Compliance Intern at PhonePe, your core focus…

Skills you'll use

Risk ManagementKYC & AMLRegulatory Compliance (RBI/SEBI/IRDAI)MS ExcelPolicy DocumentationOperational RiskData AnalysisReport WritingDue DiligenceAttention to Detail

What you'll do

Support regulatory reporting, KYC/AML checks and risk-register upkeep alongside the core fintech & payments team
Work in Excel and internal systems on live financial data
Prepare schedules, reconciliations and reports for senior review
Research companies, customers, products or regulations as required
Present analysis clearly in notes and decks for stakeholders
Follow documentation and control standards required in a regulated business

Who can apply

Pursuing or recently completed LLB/MBA (Finance)/B.Com/M.Com/CA-Inter — 2026 freshers & final-year students welcome
Working knowledge of Risk Management, KYC & AML, Regulatory Compliance (RBI/SEBI/IRDAI) (or a genuine willingness to learn them)
Strong numerical ability and comfort working in MS Excel
Care with detail and the discipline to document work properly
Clear written and verbal communication in English
Based in or willing to work from Ranchi, Jharkhand

Perks & benefits

Mentorship from a named finance mentorLive project experience on real financial dataExposure to BFSI systems and reporting toolsPre-Placement Offer (PPO) opportunityFlexible working hours

Interview & selection process

4 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Online aptitude & numerical reasoning assessment
3Technical interview — accounting, finance and domain fundamentals
4HR discussion — stipend, start date, expectations and offer

About PhonePe

PhonePe is a fintech & payments operating in India's banking and financial services sector, with an active presence in Ranchi. Its work sits inside a regulated environment — which means interns here learn not just how a number is produced, but why it has to be produced that way, documented that…

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