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. This role demands a deep understanding of gold valuation techniques, market trends, and regulatory compliance within the financial services sector. The ideal candidate will play a critical role in ensuring accurate asset assessment to facilitate secure lending, contributing to the bank's commitment to responsible financial services and customer trust. Responsibilities:- - Conduct thorough and precise appraisal of gold items submitted as collateral for loan processing, ensuring adherence to industry standards and bank policies. - Evaluate the purity, weight, and market value of gold assets using standardized testing methods and tools. - Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and regulatory changes impacting asset valuation. - Collaborate with loan officers and operations teams to provide accurate asset valuations that support loan sanctioning decisions. - Ensure compliance with all regulatory requirements and internal audit standards related to gold appraisal and loan collateral management. - Document and report appraisal findings accurately, maintaining detailed records for audit and verification purposes. - Identify and flag any discrepancies or potential risks in gold asset submissions, escalating issues to senior management as necessary. - Participate in periodic training and development programs to enhance appraisal techniques and stay current with industry best practices. - Support the development and refinement of appraisal procedures and policies to improve operational efficiency and risk management. - Assist in customer interactions related to gold loan appraisal queries, providing clear and professional explanations. Skill:- - Gold Purity Testing - Asset Valuation Techniques - Market Trend Analysis - Regulatory Compliance in Financial Services - Risk Assessment and Management - Documentation and Reporting - Customer Service in Financial Operations - Use of Gold Testing Instruments - Collaboration and Communication - Audit and Quality Control Procedures Preferred Qualifications:- - Bachelor’s degree in Finance, Commerce, or a related field; certification in gemology or precious metals appraisal is highly desirable. - Minimum of 3-5 years of experience in gold appraisal or a similar role within the financial services or banking industry. 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*#