Compliance Officer

About the role

This position manages compliance for the Company's Stock Broking, Depository Participant and Online Bond Platform and Mutual Fund distribution businesses, ensuring adherence to applicable regulatory requirements. The hire will maintain an effective compliance framework and act as a key interface with regulators, exchanges and depositories on behalf of the organization. They will oversee regulatory compliance oversight, inspections, audits, compliance monitoring, governance, regulatory reporting and implementation of regulatory change across the Company's regulated businesses. This role will develop, maintain and periodically enhance compliance policies, procedures and control frameworks while advising business, operations and technology teams on regulatory compliance requirements.

Key facts

What you'll do

• Oversee regulatory compliance oversight, inspections, audits, compliance monitoring, governance, regulatory reporting and implementation of regulatory change across the Company's regulated businesses.
• Ensure compliance with applicable SEBI regulations, stock exchange requirements, depository requirements, AMFI and Mutual Fund Distribution requirements, and internal governance frameworks.
• Act as a key interface with regulators, exchanges, depositories and auditors, supporting regulatory inspections, supervisory interactions and information requests.
• Monitor regulatory developments and drive implementation of new regulatory requirements across the organization's operations and technology infrastructure.
• Develop, maintain and periodically enhance compliance policies, procedures and control frameworks to align with evolving regulatory expectations.
• Advise business, operations and technology teams on regulatory compliance requirements and ensure alignment with governance standards.
• Coordinate information gathering, regulatory responses and inspection management during SEBI, exchange, depository and internal audits or inspections.
• Track and drive closure of inspection observations, audit findings and corrective action plans to ensure timely remediation.
• Maintain readiness for regulatory reviews and supervisory examinations through structured preparation and documentation.
• Oversee all periodic and event-based regulatory filings and reporting obligations to ensure accuracy and timeliness.
• Review compliance certifications, regulatory submissions and management reports for completeness and adherence to standards.
• Ensure timely and accurate completion of regulatory filings and disclosures as mandated by applicable regulators.
• Maintain regulatory registers, compliance records and evidence repositories in an organized and accessible manner.
• Lead compliance monitoring programmes and surveillance activities to detect and address potential breaches.
• Review testing outcomes and remediation plans, identifying compliance gaps, control weaknesses and regulatory risks.
• Implement corrective and preventive measures across business functions to strengthen the compliance framework.

Requirements

• Possess 6-7 years of post-qualification experience in Compliance, Legal, Risk Management, Audit, Operations or Regulatory functions within financial services.
• Bring a minimum of 2-3 years of direct experience in Stock Broking and/or Depository Participant roles.
• Demonstrate thorough knowledge of SEBI regulations, stock exchange norms, depository requirements, AMFI guidelines and Mutual Fund Distribution requirements.
• Show ability to manage regulatory compliance oversight, inspections, audits, compliance monitoring, governance and regulatory reporting.
• Exhibit strong understanding of regulatory filings, compliance certifications, management reports and regulatory registers.
• Display experience in coordinating with regulators, exchanges, depositories and internal audit teams during inspections and audits.
• Prove capability to track and drive closure of inspection observations, audit findings and corrective action plans.
• Demonstrate commitment to maintaining readiness for regulatory reviews, supervisory examinations and compliance testing.

Practical notes

-

Engagement: Full-time.

-

Location: Bengaluru.

• No travel is expected for this role.
• Candidates must possess a valid visa or be eligible to work in India for this position.
• This is a full-time onsite role based in Bengaluru.
• The deadline for applications will be strictly enforced as specified in the hiring communication.

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.