Gold Appraiser - Gold Loan

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 align with the bank's lending policies and contribute to customer satisfaction and operational efficiency.

Responsibilities:-

• Conduct detailed physical inspection and verification of gold ornaments and items submitted as collateral for loan processing.
• Accurately assess the purity, weight, and market value of gold items using standardized testing methods and equipment.
• Ensure compliance with regulatory guidelines and internal policies related to gold loan appraisal and documentation.
• Collaborate with the loan processing team to provide timely and accurate appraisal reports to facilitate loan disbursement.
• Maintain up-to-date knowledge of gold market trends, price fluctuations, and industry standards to inform valuation decisions.
• Identify and report any discrepancies, counterfeit items, or potential fraud during the appraisal process.
• Maintain detailed records of appraisals, including photographs, test results, and valuation reports for audit and reference purposes.
• Provide training and guidance to junior staff on gold appraisal techniques and compliance requirements.
• Coordinate with external vendors and assay labs when advanced testing or certification is required.
• Support the development and enhancement of appraisal procedures to improve accuracy and operational efficiency.
  
  

Skill:-

• Gold Purity Testing
• Karats Measurement
• Use of Electronic Gold Testing Equipment
• Market Price Analysis
• Regulatory Compliance in Financial Services
• Risk Assessment and Fraud Detection
• Documentation and Record Keeping
• Customer Service in Loan Operations
• Report Writing and Communication
• Team Collaboration and Training
  
  

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 in 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*#