Stable Money
About Stable Money Stable Money is India's leading fixed-income investment platform, on a mission to modernize how 230+ million Indians save and invest. Founded in 2022 and headquartered in Bengaluru, we've grown to over 30 lakh users who have collectively invested more than ₹5,000 crore across fixed deposits and other secure instruments, all in under three years. Backed by $65 million in total institutional funding from marquee investors including Peak XV Partners, Z47, RTP Global, Fundamentum, and Lightspeed, we recently closed a $25 million Pre-Series C round to accelerate our next phase of growth. We're building the operating layer for how India saves — making fixed-income products transparent, accessible, and worthy of trust. Our platform lets users book FDs without opening a savings account, access instant withdrawals, invest in short-term instruments (including 7-day FDs), and discover curated fixed-income portfolios through a digital experience designed around speed and clarity. We are deepening direct partnerships with banks and NBFCs, building on-ground presence in key cities, and expanding into adjacent savings products — all while maintaining the trust-first approach that has defined us since day one. Our Founders Saurabh Jain is an IIT Bombay graduate who previously served as CEO of Navi Mutual Fund and led Swiggy's expansion into 500+ cities. Harish Reddy, also an IIT Bombay graduate, brings deep expertise in wealth product strategy, having led product strategy and tech implementation at Estee Advisors. Together, they bring extensive experience in wealth-tech businesses and complement each other in building a scalable, value-accretive business. The Role To manage compliance for the Company's Stock Broking, Depository Participant and Online Bond Platform and Mutual Fund distribution businesses, ensuring adherence to applicable regulatory requirements, maintaining an effective compliance framework and acting as a key interface with regulators, exchanges and depositories. The role will be responsible for regulatory compliance oversight, inspections, audits, compliance monitoring, governance, regulatory reporting and implementation of regulatory change across the Company's regulated businesses. Key Responsibilities Regulatory Compliance Management Ensure compliance with applicable SEBI regulations, stock exchange requirements, depository requirements, AMFI and Mutual Fund Distribution requirements, and internal governance frameworks. Monitor regulatory developments and drive implementation of new regulatory requirements. Develop, maintain and periodically enhance compliance policies, procedures and control frameworks. Advise business, operations and technology teams on regulatory compliance requirements. Regulatory Reporting & Filings Oversee all periodic and event-based regulatory filings and reporting obligations. Review compliance certifications, regulatory submissions and management reports. Ensure timely and accurate completion of regulatory filings and disclosures. Maintain regulatory registers, compliance records and evidence repositories. Regulatory Inspections & Audits Lead interactions during SEBI, exchange, depository and internal audits or inspections. Coordinate information gathering, regulatory responses and inspection management. Track and drive closure of inspection observations, audit findings and corrective action plans. Maintain readiness for regulatory reviews and supervisory examinations. Compliance Monitoring & Testing Oversee compliance monitoring programmes and surveillance activities. Review testing outcomes and remediation plans. Identify compliance gaps, control weaknesses and regulatory risks. Implement corrective and preventive measures across business functions. Risk Management & Governance Identify, assess and escalate regulatory and compliance risks. Provide periodic compliance updates to senior management and relevant committees. Support implementation of governance initiatives and regulatory best practices. Drive continuous improvement of the compliance framework. Regulatory & Stakeholder Engagement Act as a point of contact for regulators, stock exchanges, depositories and auditors. Support regulatory inspections, supervisory interactions and information requests. Coordinate with Business, Operations, Product and Technology teams on compliance initiatives. Assist senior management on regulatory strategy and risk management matters. Team Leadership Manage compliance operations and monitoring resources. Oversee compliance reporting, filing and testing functions. Conduct compliance awareness and training programmes. Foster a strong compliance culture across regulated businesses. Experience & Qualifications (Mandatory Experience): 6–7 years of post-qualification experience in Compliance, Legal, Risk Management, Audit, Operations or Regulatory functions within financial services. Minimum 2–3 years of direct experience in Stock Broking and/or Depository Participant compliance and/or Mutual Funds and/or any securities regulatory business. Experience managing compliance obligations under SEBI, Stock Exchange and Depository regulations is preferred. Experience handling regulatory inspections, audits, regulatory correspondence and supervisory reviews is preferred. Experience overseeing regulatory reporting, filings, monitoring and governance frameworks. Be a graduate or equivalent from a Government-recognised institution with Company Secretaries (CS), Chartered Accountants (CA), Lawyers (LL.B.) or MBAs qualification. Have at least 2 years of prior experience in handling Compliance, Legal, Audit, Finance, Operations or Risk Management functions.