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 for security and customer trust within the financial services sector. Responsibilities:- - Conduct thorough physical inspection and verification of gold items submitted for loan processing, ensuring authenticity and purity. - Evaluate the market value of gold based on current rates, weight, and quality, applying standardized appraisal methodologies. - Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and regulatory guidelines affecting gold loan operations. - Prepare detailed appraisal reports and documentation to support loan sanctioning decisions and audit requirements. - Collaborate with loan officers and operations teams to facilitate smooth processing of gold-backed loans while ensuring compliance with internal policies. - Identify and report any discrepancies or potential fraud related to gold assets to the risk management team promptly. - Ensure adherence to all statutory and regulatory requirements related to gold appraisal and loan disbursement. - Train and mentor junior staff on gold appraisal techniques and compliance standards to maintain high-quality service delivery. - Participate in periodic audits and inspections conducted by internal and external agencies to validate appraisal accuracy and process integrity. Skill:- - Gold Purity Testing - Market Price Analysis - Risk Assessment in Gold Loans - Regulatory Compliance for Precious Metals - Report Writing and Documentation - Fraud Detection in Asset Verification - Customer Service in Financial Operations - Audit and Inspection Coordination - Training and Development - Attention to Detail 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 with exposure to gold loan products. 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*#