AU Small Finance Bank—Gold Appraiser - Gold Loan

Job description

Description: Group Company: AU Small Finance Bank Limited Designation: Gold Appraiser - Gold Loan Office Location: Position description: #*Position description*# Primary Responsibilities: #*Primary Responsibilities*# Additional Responsibilities: #*Additional Responsibilities*# Reporting Team - Reporting Designation: #*Reporting Designation*# - Reporting Department: #*Reporting Department*# Educational qualifications preferred #*Education and Experience*# - Category: #*Category*# - Field specialization: #*Field specialization*# - Degree: #*Degree*# - Academic score: #*Academic score*# - Institution tier: #*Institution tier*# Required Certification/s: #*Required Certification/s*# Required Training/s: #*Required Training/s*# Required work experience - Industry: #*Industry*# - Role: #*Role*# - Years of experience: #*Years of experience*# Job Brief:- AU Small Finance Bank Limited is seeking a meticulous and experienced professional to join our Operations and Services team, specializing in the evaluation and appraisal of gold assets for loan processing. The role demands a thorough understanding of gold valuation techniques, market trends, and regulatory compliance to ensure accurate assessment and risk mitigation. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise appraisals that align with the bank’s lending policies and contribute to customer satisfaction and operational efficiency. Responsibilities:- - Conduct detailed physical inspection and verification of gold ornaments and items submitted as collateral for loan processing. - Accurately assess the purity, weight, and market value of gold items using standardized testing methods and equipment. - Ensure compliance with regulatory guidelines and internal policies related to gold loan appraisal and documentation. - Collaborate with the loan processing team to provide timely and accurate appraisal reports to facilitate loan disbursement. - Maintain up-to-date knowledge of gold market trends, price fluctuations, and industry standards to inform valuation decisions. - Identify and report any discrepancies, counterfeit items, or potential fraud during the appraisal process. - Maintain detailed records of appraisals, including photographs, test results, and valuation reports for audit and reference purposes. - Provide training and guidance to junior staff on gold appraisal techniques and compliance requirements. - Coordinate with external vendors and assay labs when advanced testing or certification is required. - Support the development and enhancement of appraisal procedures to improve accuracy and operational efficiency. Skill:- - Gold Purity Testing - Karats Measurement - Use of Electronic Gold Testing Equipment - Market Price Analysis - Regulatory Compliance in Financial Services - Risk Assessment and Fraud Detection - Documentation and Record Keeping - Customer Service in Loan Operations - Report Writing and Communication - Team Collaboration and Training Preferred Qualifications:- - Bachelor’s degree in Commerce, Finance, or a related field; certification in gemology or precious metals appraisal is highly desirable. - Minimum of 3-5 years of experience in gold appraisal within the financial services or banking sector, preferably in gold loan operations. Key Performance Indicators: #*Key Performance Indicators*# Required Competencies: #*Required Competencies*# Required Knowledge: #*Required Knowledge*# Required Skills: #*Required Skills*# Required abilities - Physical: #*Physical*# - Other: #*Other*# Work Environment Details: #*Work Environment Details*# Specific requirements - Travel: #*Travel*# - Vehicle: #*Vehicle*# - Work Permit: #*Work Permit*# Other details - Pay Rate: #*Pay Rate*# - Contract Types: #*Contract Types*# - Time Constraints: #*Time Constraints*# - Compliance Related: #*Compliance Related*# - Union Affiliation: #*Union Affiliation*#