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 uphold the institution's standards of financial integrity and customer trust. Responsibilities:- - Conduct detailed physical inspection and verification of gold items submitted for loan processing, ensuring authenticity and quality standards. - Accurately assess the purity, weight, and market value of gold assets using industry-standard tools and techniques. - Stay updated with current gold market trends, prices, and regulatory guidelines to provide informed appraisals. - Collaborate with loan officers and operations teams to facilitate smooth processing of gold-backed loans. - Maintain comprehensive records of appraisals, including photographs, documentation, and valuation reports for audit and compliance purposes. - Identify and report any discrepancies or suspicious items to the compliance and risk management teams promptly. - Ensure adherence to all internal policies and external regulatory requirements related to gold appraisal and loan processing. - Provide training and guidance to junior staff on gold appraisal procedures and best practices. - Participate in periodic audits and quality checks to uphold appraisal accuracy and operational excellence. - Contribute to continuous improvement initiatives aimed at enhancing appraisal processes and customer service. Skill:- - Gold Purity Testing - Market Price Analysis - Risk Assessment - Regulatory Compliance - Loan Processing Coordination - Documentation and Record Keeping - Fraud Detection - Customer Service - Use of Appraisal Tools (e.g., Karatmeter, Electronic Weighing Scale) - Report Writing Preferred Qualifications:- - Bachelor’s degree in Finance, Commerce, Gemology, or a related field; certification in gold appraisal or gemology is highly desirable. - Minimum of 3-5 years of experience in gold appraisal within the financial services or jewelry industry, preferably with exposure to 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*#