Associate Manager - Total Rewards

Razorpay Software Private Limited

United States

December 09, 2025

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Razorpay is one of India’s leading full-stack financial technology companies, powering the way businesses move, manage, and grow money. Founded in 2014 by Harshil Mathur and Shashank Kumar with a simple vision — to simplify payments for Indian businesses — we’ve since grown into a fintech powerhouse driving India’s digital payment revolution.

Razorpay powers millions of businesses with a smarter, scalable stack that goes beyond transactions to help them truly build and grow.

From seamless checkouts to payroll automation, across India, Singapore, and Malaysia, we’ve been engineering a fintech ecosystem that’s redefining how money moves across Asia — and we’re just getting started.

Today, that ecosystem supports everyone from early-stage startups to some of India’s largest enterprises, enabling them to accept, process, and disburse payments at scale while expanding into new ways of managing money more efficiently.

Our scale speaks volumes: Razorpay processes $180+ billion in annualized transactions, powering leading businesses like Airbnb, Facebook, WhatsApp, Airtel, CRED, BookmyShow, Zomato, Swiggy, Lenskart, Mirae Asset Capital markets, Indian Oil, National Pension Scheme — and over 100 of India’s unicorns. With strong roots in India and growing operations in Southeast Asia, we are shaping the next chapter of financial technology across the region.

We are backed by global investors including GIC, Peak XV Partners (formerly Sequoia Capital India & SEA), Tiger Global, Ribbit Capital, Matrix Partners, MasterCard, and Salesforce Ventures, having raised over $740 million to date. Strategic acquisitions — including Ezetap (POS and offline payments), Curlec (Malaysia expansion), BillMe (digital invoicing), and POP (rewards-first UPI) — along with earlier moves in fraud prevention, payroll, and lending, have further strengthened our platform and widened our footprint across Asia.

But what truly sets Razorpay apart is our culture. At Razorpay, ownership is our oxygen — you own what you build, with no micromanagement or red tape, just the runway to make your ideas fly. Learning is a lifestyle — if you’re curious, you’ll feel at home here. People > Pedigree — we hire for attitude, hustle, and hunger more than degrees. Transparency thrives over titles — this is where interns question CXOs and CXOs say “thank you.” Guided by our values of Customer First, Autonomy & Ownership, Agility with Integrity, Transparency, Challenging the status quo and a strong belief that Razorpay grows with Razors,  you’ll be part of a 3000+ strong team building not just products, but the financial infrastructure of the future.

Role Overview

The Associate Manager – Total Rewards will support our global compensation, benefits, and equity programs. In this role, you will manage critical rewards operations, run data analysis, contribute to compensation cycles, and support ESOP and benefits administration across multiple countries. This is an opportunity to shape employee experience in a fast-paced, high-growth tech environment and build strong foundations for future rewards leadership.

Key Responsibilities

  • Support the implementation of the global compensation philosophy across India, Southeast Asia, and the US.

  • Maintain job architecture, leveling frameworks, and compensation bands while conducting market benchmarking for tech/product roles.

  • Assist in running annual and mid-year compensation cycles through data preparation, modeling, analytics, and coordination with HRBPs and Finance.

  • Support ESOP administration including grant processing, vesting schedules, communication, employee education, and cross-functional compliance.

  • Help design and administer incentive programs such as bonuses, variable pay plans (including sales incentives), and rewards & recognition initiatives.

  • Assist in managing global and local benefits programs by coordinating with brokers and vendors, supporting renewals, claims data, and employee experience insights.

  • Ensure compensation and benefits governance, documentation accuracy, and compliance across India, Malaysia, Singapore, the US, Thailand, and Vietnam.

  • Prepare dashboards and reports on compensation metrics, pay equity, cost modeling, and global benchmarks for leadership decision-making.

  • Collaborate closely with HRBPs, Talent Acquisition, Payroll, Finance, and HR Ops to ensure smooth rewards operations and continuous process improvements.

 

Qualifications & Experience

  • 3+ years of experience in Total Rewards, Compensation & Benefits, HR analytics, or related roles—preferably in high-growth tech, product, or internet companies.

  • Experience in compensation benchmarking, salary structuring, and data analysis.

  • Exposure to ESOP administration, equity workflows, and variable pay programs.

  • Experience working with multiple geographies (India + SEA or US exposure preferred).

  • Strong analytical and financial modeling skills (Excel/Sheets required)

  • Excellent communication, stakeholder coordination, and attention to detail.

Razorpay believes in and follows an equal employment opportunity policy that doesn't discriminate on gender, religion, sexual orientation, colour, nationality, age, etc. We welcome interests and applications from all groups and communities across the globe.
 
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