Compliance Associate

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 Overview

We are looking for a Compliance Associate (CS + Law) to support regulatory compliance across our regulated businesses including our bonds platform Stable Bonds, operated through our SEBI-registered entity.

Stable Bonds is a bonds investment arm of the Stable Money Group, operated through its SEBI-registered entity, Stable Broking Private Limited (SBPL). As an Online Bond Platform Provider (OBPP), it enables users to invest in a wide range of debt instruments including corporate bonds, government securities, treasury bills, and other fixed-income products through a transparent, RFQ-based mechanism. With exchange memberships and depository participant capabilities, Stable Bonds is focused on building a compliant, efficient, and user-first ecosystem for bond investing in India.

This role sits at the intersection of regulation, technology, and financial services and is ideal for someone who is as comfortable interpreting SEBI circulars as they are collaborating with product and tech teams to implement compliance workflows.

You will work closely with the Compliance Lead to ensure adherence to regulatory requirements issued by SEBI, Exchanges, Depositories, and other regulators, while strengthening our internal compliance monitoring framework. A genuine interest in leveraging technology and AI tools to automate day-to-day compliance work is key to thriving in this role.

Candidates from fintech, financial services, or capital markets backgrounds with experience in digital onboarding, KYC frameworks, and regulatory compliance are strongly encouraged to apply.

What You'll Be Doing

Compliance Monitoring & Testing

• Conduct periodic compliance monitoring and testing for regulated businesses.
• Review internal processes to ensure adherence to regulatory requirements, internal policies, and operational controls.
• Maintain compliance trackers, evidence repositories, and regulatory documentation.

Circular Interpretation & Regulatory Implementation

• Track and interpret regulatory circulars, notifications, and regulatory updates from SEBI, Exchanges, and Depositories.
• Prepare internal summaries explaining regulatory changes and their operational impact.
• Work with product, technology, and operations teams to ensure regulatory requirements are embedded within system workflows.

KYC & Onboarding Compliance

• Review and monitor KYC onboarding processes and ongoing user journeys to ensure regulatory compliance.
• Validate onboarding and developmental flows against regulatory requirements and internal compliance standards.
• Identify gaps in customer onboarding, ongoing modifications, documentation, and process controls.

Audit & Inspection Management

• Coordinate internal audit and concurrent audit activities for regulated businesses.
• Support the preparation of audit documentation, evidence, and compliance reports.
• Track audit observations, remediation actions, and closure timelines.
• Assist during regulatory inspections and audits alongside the Compliance Lead.

New License Compliance

• Support compliance activities for new regulatory licenses and regulatory initiatives.
• Maintain regulatory documentation, compliance frameworks, and periodic filings.

What We're Looking For

• CS + Law (LLB) qualification is mandatory.
• 23 years of experience in fintech, financial services, or capital markets compliance.
• Strong understanding of KYC frameworks, digital onboarding journeys, and regulatory compliance processes.
• Exposure to audit processes internal, concurrent, or regulatory.
• Ability to interpret regulations and translate them into operational and product requirements.
• Comfort working with technology teams and an interest in using AI tools to streamline compliance workflows.Strong documentation, analytical, and stakeholder coordination skills.