PhonePe credit risk analyst recruitment 2026, Bengaluru freshers

PhonePe credit risk analyst hiring is open in Bengaluru, and it is a strong fit for engineering graduates who like working with data. The role sits inside PhonePe's lending business, where the risk strategy team decides how the company lends money safely. If you enjoy SQL, Python and building models that carry real business weight, this is a role to read carefully.

PhonePe runs one of India's largest digital payment networks and has expanded into lending, insurance and wealth products. The credit risk team protects that lending book from fraud and default, so the work is central to the business rather than a side function.

What a credit risk analyst does here

The team is expanding, and new analysts work alongside cross functional partners to manage risk while the lending business keeps growing. Day to day, the work involves:

• Building risk strategies to manage fraud and credit risk for the lending business.
• Evaluating alternate data sources to make risk decisions stronger.
• Building and testing risk models, then improving them over time.
• Explaining results and recommendations clearly to different stakeholders.
• Measuring how well a solution works and refining it continuously.

PhonePe is clear that it wants a mix of a strong technical base and a real feel for the business impact of each decision. You are not just running numbers. You are shaping how the lending product treats risk.

Who can apply

The company lists a BTech or BE background from Tier I and Tier II colleges. PhonePe has not stated a minimum number of years of experience in the public posting, so early career candidates who have the skills below can read the requirements and decide if they qualify.

Skills worth preparing

• SQL, Python and MS Excel, which the posting names directly.
• Statistical modelling such as decision trees and XGBoost, which PhonePe lists as preferred.
• Strong analytical thinking and problem solving.
• Clear communication, since you will present findings to stakeholders.
• Comfort in a fast, result oriented environment.

If you have built a classification model in a course or a project, worked with a real dataset, or written SQL to pull and clean data, you already have something concrete to talk about in an interview.

How to apply

1. Open the official PhonePe careers link at the bottom of this post.
2. Read the full job description and confirm the location and requirements.
3. Submit your application with an updated resume through the PhonePe portal.

PhonePe has not published a closing date for this role, so there is no last date to quote. The company also lists employee benefits such as medical, wellness, parental and mobility support for its full time staff.

How to prepare

Since the posting names SQL, Python and Excel, make sure you can write joins and aggregations in SQL and clean and analyse data in Python with pandas. For the modelling side, build or revisit one classification project using decision trees or XGBoost, and be ready to explain what the model would mean for a lending decision, not only how accurate it is. PhonePe values candidates who connect the technical work to business impact, so practise telling that story in plain language.

Selection process

PhonePe has not published the exact interview stages for this role. Analyst hiring usually starts with a screen of the application, then one or more technical and case discussions around SQL, statistics and problem solving. The recruiter confirms the exact rounds after you apply, so treat any stage list you see elsewhere as unofficial.

Frequently asked questions

What is the role? Analyst, Credit Risk Management in PhonePe's consumer lending business, based in Bengaluru.

Is this a fresher role? The posting asks for a BTech or BE and does not state a minimum experience, so early career candidates with the listed skills can apply after checking their fit on the official page.

What are the must have skills? SQL, Python and Excel, with statistical modelling such as decision trees and XGBoost listed as preferred.

What is the salary? PhonePe has not disclosed the salary publicly for this role.

Is there a last date to apply? PhonePe has not stated a closing date, so apply as soon as your resume is ready.

Does Classic Jobs collect applications? No. You apply only on the official PhonePe careers page linked below.

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About this listing

Author: Classic Jobs editorial team. Reviewed by the Classic Jobs careers desk. Last updated on 7 August 2026. Source: the official PhonePe careers page. Classic Jobs is not the hiring employer and does not collect applications. PhonePe never asks for a fee to apply, and neither does Classic Jobs. Always apply on the official portal linked above and never pay money for a job. Verify the role on the official PhonePe careers page before you apply.