---
title: 'Cluster Head - Patna at Stable Money'
canonical: 'https://feeny.ai/job/cluster-head-patna-stable-money-patna-nxpv9d3nha6m'
type: 'job'
last_seen: '2026-09-11'
---

# Cluster Head - Patna at Stable Money

- **Company:** Stable Money
- **Location:** Patna, India
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-08-31
- **Last confirmed live:** 2026-09-11
- **Apply:** https://jobs.lever.co/stable-money1/7edc2bf3-7e0a-4324-a324-3f73500f8e6b

## 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.

## The role in one line

Own a state. You build, coach and drive a team of 15–20 field RMs who meet customers in person across tier 3–4 cities, acquire and deepen investors, and run on-brand community activations. You are hands-on and on the ground — in societies, at clubhouses, and running events yourself — not a desk manager. Success is measured in retained AUM, RM productivity and a healthy, low-attrition team.

## What you’ll do

Lead & grow the RM team Manage 15–20 RMs day to day — run daily standups, weekly 1:1 coaching and fortnightly business reviews. Coach the funnel, don’t just police numbers: diagnose each RM’s weakest link (meetings, pitch, referrals, AUM) and fix it — enable first, ride-along often. Own team health: motivation, engagement, and keeping attrition below plan. Own state sales & AUM Deliver the state’s targets — new customers, retained AUM, referrals and activations — and the unit economics behind them. Land marquee/anchor customers yourself (respected doctors, business owners, seniors) to unlock societies through social proof. Sell hands-on: carry a bag, do meetings, close on-app in front of the RM — lead from the field. Drive on-ground activations & events Plan and personally run on-brand activations — Society Financial Health Camps, senior-citizen retirement clinics, festival stalls, wellness/“Little Savers” corners. Build and maintain the state’s registers: major city activities, societies, clubs and malls; secure RWA and venue permissions. Turn events into pipeline: lead capture, 24-hour follow-up, and referral waves. Hire, onboard & retain Partner with the hiring/vendor engine to source RMs who fit the persona; run final selection and the field bar. Onboard every new RM with the complete day-one pack (territory, 30-day plan, kit, meeting-note discipline). Quality, compliance & reporting Enforce integrity: no cash, everything on-app, DPDP-safe data, no mis-selling; run QC and mystery-shopping in your state. Keep registers, CRM and kit reconciliation current; report state performance to the central Programme Manager on a fixed cadence. What success looks like (first 6 months)

Measure What good looks like

## Team live & productive

15–20 RMs deployed, ramped and hitting the meeting + activation floors Retained AUM State AUM built and retained to plan (the primary measure) RM productivity Median RM output rising month-on-month; top performers well above the floor Activations A steady rhythm of on-brand events feeding warm leads Attrition 90-day survival at or above the 50% plan; a live replacement pipeline Quality Clean QC — real customers, no mis-sell, kit fully reconciled Who we’re looking for Must-have 3–4 years managing people — has run a team and carried a number through them. Strong sales background — ideally field / feet-on-street in BFSI, fintech, insurance, telecom, FMCG or similar; comfortable selling and closing in person. Hands-on and on-ground — energised by being in the field, in societies and at events, not behind a desk. No problem with travel anywhere — will move across the state as the work demands, at short notice; owns a means of travel and a smartphone. Event organising — has planned and run on-ground activations / camps / community events end to end. Local fluency — speaks the state’s primary language plus working Hindi/English; understands the local affluent market. Data-comfortable — can run a review off a dashboard/CRM and coach to the funnel. Good to have Experience opening new markets / launching a territory from scratch. Exposure to investments/savings products (FD, bonds, mutual funds) or wealth distribution. Graduate; any stream. The person High-agency and hands-on — leads from the front and gets things done on the ground. A coach at heart — grows people, not just chases them. High integrity — sets the no-cash, no-mis-sell standard by example. Resilient and mobile — thrives on the road and in ambiguity of a new build.

## What we offer

Ownership of a state in a fast-scaling offline business, backed by a strong central team and tooling. A build-from-scratch mandate with real autonomy and visible impact on the P&L. Competitive fixed pay commensurate with experience, plus a performance-linked incentive (band finalised at offer).

## 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 - 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
- [Program Manager](https://feeny.ai/job/program-manager-stable-money-bengaluru-xn2bzpc8tppd) — Bengaluru, India