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.
Role Purpose
To manage compliance across the Company's Mutual Fund Distribution, Online Bond Platform (OBPP) and Depository Participant businesses, while also managing the Company's internal Company Secretarial function.
The role will be responsible for operational compliance, advertisement and marketing approvals, implementation of regulatory changes, and company secretarial compliance.
1. Key Responsibilities
Investment Product Compliance
Ensure compliance with applicable SEBI regulations, AMFI requirements, Mutual Fund Distribution regulations, Online Bond Platform (OBPP) requirements and Depository Participant operational requirements.
Monitor regulatory developments and drive implementation of new regulatory requirements across investment products.
Develop, maintain and periodically enhance compliance policies, procedures and operational control frameworks.
Provide regulatory guidance to Product, Operations, Marketing and Technology teams during product design and implementation.
Identify regulatory risks and recommend practical compliance solutions that enable business growth.
Advertisement Review & Product Governance
Review and approve marketing campaigns, advertisements and customer communications relating to Mutual Fund Distribution, Bonds and other investment products.
Ensure compliance with SEBI, AMFI and applicable advertising guidelines.
Review product disclosures, customer communications, website content and promotional material prior to publication.
Support launch of new investment products through regulatory assessments and compliance approvals.
Operational Compliance
Manage operational compliance across Mutual Fund Distribution, Online Bond Platform and Depository Participant businesses.
Review operational processes to identify compliance gaps and recommend process improvements.
Monitor implementation of compliance controls across business functions.
Support preparation for internal audits and regulatory inspections.
Company Secretarial Function
Coordination of Board Meetings and Committee Meetings.
Preparation of agendas, Board papers and meeting documentation.
Drafting Board and Committee minutes.
Maintenance of statutory registers and corporate records.
Management of MCA and ROC filings.
Annual corporate compliance requirements.
Secretarial compliance calendar.
Secretarial support across group entities.
Liaison with external Company Secretaries, auditors and advisors, where required.
The role will progressively internalise routine company secretarial activities currently managed by external consultants.
Experience & Qualifications
Mandatory Experience
3-4 years of post-qualification experience in Compliance and Company Secretarial functions within securities market regulated entities.
Experience in Mutual Fund Distribution, Asset Management Companies, Wealth Management, Stock Broking, Depository Participant or other regulated investment businesses.
Experience reviewing customer communications, advertisements and marketing material from a regulatory perspective.
Qualified Company Secretary (ACS) preferred.
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