Roles and Responsibilities:-

• Attend the walkthroughs and perform the control design effectiveness assessments (CDEA) for all financial services products /functions within PhonePe.
• Understand, identify and extract key data from various business applications, required to perform testing of Controls as part of every Compliance Testing review.
• Build data visualization dashboards to support first line of defence compliance monitoring activities.

• Identify the scope to automate testing of key controls, build automation logic and deploy target solution in a phased manner for Control Testing and Monitoring purposes.
• Contribute and point-out risks of the product/service during pre-planning work.
• Prepare the control checklist required for the review for each regulatory and unregulated functions
• Designing work programs and executing steps, meeting deadlines to evaluate compliance with rules and regulations.
• Interacting with senior heads of business and compliance as part of scoping, control design assessment, reporting findings and offering solutions to address control gaps or enhance processes.
• Formulate questions to be asked during walkthroughs and lead when called upon
• Identify controls after attending a walkthrough, specifically those related to the risks noted
• Provide rough drafts of issue documentation, identifying the important parts required.
• Design, create and implement data-based compliance test scenarios as required.
• Define testing scripts, coordinate with respective development teams to run the same during the review process and evaluate the outcome along with the manager.
• Act as single point of contact for all data related compliance testing activities and own record keeping and reporting of the same.