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 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 uphold the institution's standards of financial integrity and customer trust. Responsibilities:- - Conduct thorough physical inspection and verification of gold items submitted for loan processing to determine authenticity and purity. - Evaluate the market value of gold based on current rates, quality, weight, and prevailing economic conditions. - Prepare detailed appraisal reports that accurately reflect the assessed value of gold assets for loan sanctioning purposes. - Collaborate with the loan processing and risk management teams to ensure compliance with internal policies and regulatory guidelines. - Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and industry best practices to inform appraisal decisions. - Manage and update records of all appraisals and related documentation in the bank’s operational systems with high accuracy. - Identify and report any discrepancies or potential fraud in gold submissions to the appropriate authorities within the bank. - Provide training and guidance to junior staff on gold appraisal techniques and compliance requirements. - Participate in periodic audits and inspections to ensure adherence to quality standards and regulatory mandates. - Support customer service teams by addressing queries related to gold valuation and loan eligibility. Skill:- - Gold Purity Testing - Market Price Analysis - Asset Valuation Techniques - Regulatory Compliance - Risk Assessment - Report Writing - Fraud Detection - Customer Service - Data Management - Training and Development Preferred Qualifications:- - Bachelor’s degree in Finance, Commerce, Gemology, or a related field from a recognized institution. - Certification in Gold Appraisal or Jewelry Valuation from a reputed professional body is highly desirable. - Minimum of 3-5 years of experience in gold appraisal within the financial services or banking sector. - Strong understanding of regulatory frameworks governing gold loans and asset valuation. - Proven track record of accuracy and integrity in asset appraisal and risk assessment. 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*#