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 verification of gold assets for loan processing. This role demands a deep understanding of gold appraisal techniques, market trends, and regulatory compliance to ensure accurate valuation and risk mitigation. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise assessments that uphold the institution's standards for security and customer trust. Responsibilities:- - Conduct thorough physical inspection and verification of gold items submitted as collateral for loan processing, ensuring authenticity and purity. - Evaluate the market value of gold based on current rates, weight, and quality to determine loan eligibility and amount. - Maintain detailed records of appraisals, including photographs, descriptions, and valuation reports, adhering to company policies and regulatory requirements. - Collaborate with loan officers and operations teams to facilitate smooth processing of gold-backed loans, providing expert advice on valuation matters. - Stay updated with fluctuations in gold market prices and industry trends to provide accurate and timely appraisals. - Ensure compliance with all legal and regulatory guidelines related to gold appraisal and loan disbursement. - Identify and report any discrepancies or suspicious activities related to gold collateral to the appropriate authorities within the bank. - Participate in periodic audits and quality checks to maintain appraisal accuracy and operational integrity. - Train and mentor junior staff on gold appraisal techniques and operational procedures to enhance team capability. Skill:- - Gold Purity Testing - Market Price Analysis - Collateral Valuation - Regulatory Compliance - Risk Assessment - Documentation and Record Keeping - Customer Service in Financial Services - Audit and Quality Control - Use of Gold Testing Instruments - Report Writing and Communication 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 or valuation within the financial services or jewelry industry, preferably in a banking environment. 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*#