---
title: 'Cluster Head - Jaipur at Stable Money'
canonical: 'https://feeny.ai/job/cluster-head-jaipur-stable-money-jaipur-x3qcm1y6arb1'
type: 'job'
last_seen: '2026-09-11'
---

# Cluster Head - Jaipur at Stable Money

- **Company:** Stable Money
- **Location:** Jaipur, India
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-07-28
- **Last confirmed live:** 2026-09-11
- **Apply:** https://jobs.lever.co/stable-money1/7db13701-fa2f-48cc-9397-20f4b5954dec

## Job description

## About Stable Money

Stable Money is India’s leading fixed investment platform. It is a marketplace which helps customers discover and invest in high-quality fixed-income products such as Fixed Deposits (FDs), RD, Bonds, Credit Cards, Mutual Funds from trusted institutions. Stable Money has 30 lac+ trusted investors, 2000cr+ bookings since inception and is backed by marquee investors such as Z47, Lightspeed, Fundamentum, Matrix Partners, RTP Global to name a few.

## Role Overview

As the Cluster Head, you are owning end to end P&L, investment wallet growth, team & channel performance. This is a hands-on, field-first role focused on direct customer acquisition, partner development (IFAs/DSAs/MFDs/wealth advisors), team building, and process-driven execution.

## What You’ll Own (Key Responsibilities)

Market & Growth

- Build and execute the city go to market: micro market mapping, pincode coverage, funnel & beat plans.
- Deliver monthly and quarterly targets for investments volume (₹), number of FDs, number of Bonds, number of mutual funds, active customers, and repeat investments.
- Drive investment wallet growth via cross sell/upsell, portfolio deepening, and city level campaigns. Channel & Partnerships
- Acquire, activate, and scale channel partners (IFAs, DSAs, wealth boutiques, community leaders, housing societies, corporates etc).
- Run partner onboarding, training, joint customer events, incentive governance, and performance hygiene.
- Maintain high partner productivity (activations, conversion %, average ticket size, compliance score).
- Direct Sales & Customer ExperienceLead from the front in high stakes customer meetings; close marquee customers/accounts.
- Ensure top tier NPS: zero-defect KYC/documentation, quick TATs, and clear communication.

## Team Building & Leadership

- Hire, train, coach, and manage 5–10 field sales reps (minimum 2 years prior team handling required).
- Institute a rigorous operating rhythm: daily huddles, weekly reviews, funnel hygiene, pipeline building, sales commitments, and capability building. P&L, Process & Compliance
- Own city P&L: productivity, CAC, ATS,  incentives, vendor spends, and unit economics.
- Be a stickler for process - CRM hygiene, pipeline data, sales commitments, input metrics, and SOP adherence.
- Ensure regulatory compliance (KYC/AML/PMLA) and audit readiness; drive clean, documented operations. Data, Reporting & Collaboration
- Track inputs → outputs: leads → meetings → commitments → investments → renewals.
- Publish weekly/monthly dashboards; flag risks early and propose fixes.
- Work closely with central product, operations, and marketing on city feedback and experiments.

What Great Looks Like (KPIs you’ll be measured on)

- FD Volume (₹) & #FDs booked; average ticket size; wallet deepening/renewals
- Bond Volume (₹) & #Bonds booked; average ticket size; wallet deepening/renewals
- Mutual Fund Volume (₹) & #MFs booked; average ticket size; wallet deepening/retention
- Lead to Sale Conversion %, cycle time (TAT), cancellation/error rate
- Active & productive partners, partner activation to productivity ramp
- Team productivity per rep, activity/visit metrics, adherence to beats CAC & city unit economics, marketing ROI, incentive efficiency Customer NPS

Must-Have Qualifications

- 8+ years in City managing the P&L & B2C sales
- Local city experience & network (must have worked in the same city you’re applying for).
- Proven direct sales to retail/affluent customers and channel sales via IFAs/DSAs/partners.Managed a 5–10 member field team for ≥2 years with hard targets and reviews.
- Strong command of sales process, CRM, funnel metrics, and on ground execution.
- Bachelor’s degree (MBA preferred).Fluency in English + local language.

## Skills & Traits We Value

- Hunter mindset with high ownership; thrives in the field (70 - 80% on ground).
- Process first operator: plans beats, tracks inputs, inspects what they expect.
- Excellent negotiation, closing, and partner management skills.
- Data-driven; strong Excel/Google Sheets; comfortable with CRM tools.
- High integrity, compliant by default; clear written & verbal communication.Flexibility to run weekend drives/events when needed.

Operating Rhythm (Example)

- Daily: stand-ups, beat execution, partner/customer meetings, CRM updates.
- Weekly: pipeline reviews, partner performance, team coaching, field immersions.
- Monthly/Quarterly: city plan reviews, P&L & ROI review, hiring/backfills, city campaigns.

## Compensation & Benefits

- Competitive fixed + performance-linked variable; partner & team-based incentives.
- Best in the industry Medical Insurance coverage for self and dependents Travel reimbursements as per policy.

## About Stable Money

## Company Overview
- **One-liner**: Stable Money is an Indian fixed-income investment platform that lets users discover, compare, and book digital fixed deposits, bonds, and other low-volatility wealth products from a single app.
- **Entity Type**: Private (Series C, venture-backed)
- **Headquarters**: Bangalore, Karnataka, India (with a registered presence in the United States)
- **Founded**: 2022
- **Founders**: Saurabh Jain (Co-Founder & CEO), Harish Reddy (Co-Founder), Lokesh Pawar (Co-Founder)

## Core Business
- **Primary industry**: Fintech / Financial Services — specifically fixed-income and wealth management (digital FDs, bonds, secured credit cards, gold & silver mutual funds).
- **Target customers**: B2C retail investors in India — salaried individuals and first-time investors seeking predictable, low-risk returns; also B2B partnerships with banks and NBFCs distributing deposits.
- **Mission statement**: "Make fixed-income investing accessible, transparent, and stress-free — offering predictable returns so you can plan life with confidence." The company's stated philosophy: "Wealth isn't built through hype—it's built through habit."

## Products & Services
- **Stable Money App (stablemoney.in)**: Core platform for comparing and booking fixed deposits across multiple banks and NBFCs, with a digital end-to-end booking experience. Also offers secured credit cards and gold/silver mutual funds.
- **Stable Bonds (stablebonds.in)**: SEBI-regulated bond marketplace offering fixed-return bonds for investors who prefer predictable income over market volatility.
- **Wealth management / advisory services**: In-person "Stable Wealth Manager" roles and relationship management suggest a hybrid digital + human advisory model being rolled out across Indian cities.

## Market Standing
- **Valuation**: Not publicly disclosed (Tracxn lists a redacted valuation figure).
- **Key Metric — Total Funding**: $65.1M–$79.8M (conflicting reports; see below).
- **Annual Revenue**: Conflicting reports — $4.8M per one database, vs ₹100–₹500 Cr (approx. $12–$60M) per Tracxn for FY2025.
- **Funding history** (per search data):
  - Seed (Feb 2023): $5.0M — 12 investors, led by Lightspeed India Partners, Z47
  - Seed (Jul 2024): $14.8M — 3 investors, led by RTP Global, Z47
  - Series B (Jun 2025): $20.3M — 6 investors, led by Fundamentum
  - Series C (Feb 2026): $25.0M — 4 investors, led by Peak XV Partners
  - Tracxn additionally reports a Series C round on Aug 4, 2026, bringing total to $79.8M across 5 rounds — this conflicts with the $65.1M total above and should be treated as a **conflicting report**.
- **Notable Investors/Partners**: Lightspeed India Partners, Z47, RTP Global, Peak XV Partners, Fundamentum; 14 institutional investors and 9 angel investors total.
- **Growth Signals**:
  - Expanding to new cities across India with local market-building hires (Aug 2026 LinkedIn post).
  - Headcount growth of ~1.2% monthly; 140 employees (per primary data) with technical staff at ~16% of workforce.
  - Strong talent inflow from BYJU'S, Navi, Groww, Bandhan Bank, Amazon, Games24x7 — signals experienced fintech/consumer hiring.
  - Founders' net worth reported at INR 505 Cr as of Feb 2026 (Tracxn).
- **Risk signal**: AMFI suspended Stable Money's mutual fund distribution business for 6 months in June 2026 (Entrackr via Tracxn) — a regulatory flag worth monitoring for prospective hires.

## Competitive Advantages
- **Category focus on "boring" fixed income**: Positioned against hype-driven investing; owns a clear niche in FDs, bonds, and secured credit — a segment with less competition than equity/wealth-tech.
- **Multi-product fixed-income suite**: Aggregates FDs across banks/NBFCs, offers SEBI-regulated bonds, and adds gold/silver mutual funds — creating a one-stop shop for conservative retail investors.
- **Strong investor backing**: Peak XV, Lightspeed, RTP Global, and Fundamentum provide both capital and credibility.
- **Founder-led with significant skin in the game**: Founders own ~31.5% of the company; ESOP pool of ~5.2% signals employee ownership upside.
- **Regulatory infrastructure**: Operates through multiple regulated entities (Stable Finserv, Stable Broking, Stable-Alpha Technologies), suggesting serious compliance architecture for a startup.

## Strategic Focus
- **Geographic expansion**: Actively hiring general managers and market leads to enter new Indian cities (0→1 market building).
- **Distribution build-out**: Adding in-person relationship/wealth management roles alongside the digital app — a hybrid model to win trust with conservative investors.
- **Product breadth**: Deepening the fixed-income catalog (bonds, secured credit, gold/silver funds) rather than expanding into volatile asset classes.
- **Growth & retention**: Dedicated GM-level role for growth and retention signals a push on lifecycle management and repeat investment behavior.

## Why Work Here
- **Mission-driven culture**: The company explicitly brands itself as anti-hype and pro-compounding — a values-led environment for people who care about financial inclusion and sensible investing.
- **Early-stage ownership**: Series C with a 5.15% ESOP pool and a founder-led team means meaningful equity upside for early joiners.
- **Fast-moving, expanding scope**: Hiring across product, legal, compliance, content, growth, and city leadership — an opportunity to define processes from 0→1 in new markets.
- **Work environment**: On-site/in-office culture in Bengaluru (HSR Layout area) — Built In lists "OnSite Workspace" with employees working from physical offices. Several current openings are Bengaluru-based; new roles are also opening in Delhi and other Indian cities.
- **Talent density**: Team draws from top Indian consumer internet and fintech companies (BYJU'S, Navi, Groww, Amazon, Bandhan Bank), and alumni go on to Amazon, Oracle, Meesho, slice — indicating strong career trajectory either way.
- **AI-assisted hiring**: The company uses AI tools to support resume screening and application review, but states final hiring decisions are made by humans — transparency worth noting for candidates.
- **Notable perks/context**: No public details on remote flexibility or traditional perks; the emphasis is on growth, ownership, and in-person collaboration.

## Sources
1. [Tracxn — Stable Money Company Profile](https://tracxn.com/d/companies/stable-money/__IvrD7ydWUCjwXIiFe9Te8zYZdvARnOtz9SK3Z3b_9S0)
2. [Built In — Stable Money Careers, Perks + Culture](https://builtin.com/company/stable-money)
3. [LinkedIn — Stable Money](https://linkedin.com/company/stable-money)
4. [Lever — Stable Money Careers](https://jobs.lever.co/stable-money1)
5. [Datanyze — Stable Money Company Profile](https://www.datanyze.com/companies/stable-money/566157893)

## Other roles at Stable Money

- [Cluster Head - Delhi](https://feeny.ai/job/cluster-head-delhi-stable-money-bengaluru-ys7tdmjqx620) — Bengaluru, India
- [Relationship Manager](https://feeny.ai/job/relationship-manager-stable-money-bengaluru-d121xyh6ejm1) — Bengaluru, India
- [Cluster Head - Patna](https://feeny.ai/job/cluster-head-patna-stable-money-patna-nxpv9d3nha6m) — Patna, India
- [Cluster Head - Rest of UP](https://feeny.ai/job/cluster-head-rest-of-up-stable-money-uttar-pradesh-gr5d5p30xa18) — Uttar Pradesh
- [Cluster Head - Rest of Karnataka](https://feeny.ai/job/cluster-head-rest-of-karnataka-stable-money-bengaluru-c489kxn8yg9k) — Bengaluru, India
- [Cluster Head - Dehradun](https://feeny.ai/job/cluster-head-dehradun-stable-money-dehradun-smjznggsstw0) — Dehradun, India
- [New User Acquisition & Growth](https://feeny.ai/job/new-user-acquisition-growth-stable-money-bengaluru-dhz46rmpm6yf) — Bengaluru, India
- [GM - Merchandising](https://feeny.ai/job/gm-merchandising-stable-money-bengaluru-r13tj3jsd9g1) — Bengaluru, India
- [GM - Growth & Retention](https://feeny.ai/job/gm-growth-retention-stable-money-bengaluru-qrsd4chm57nc) — Bengaluru, India
- [Market Research Intern](https://feeny.ai/job/market-research-intern-stable-money-bengaluru-kcf83g33d60y) — Bengaluru, India