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

Responsibilities:-

• Conduct thorough 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.
• Maintain up-to-date knowledge of gold market trends, price fluctuations, and regulatory guidelines affecting gold loan valuations.
• Prepare detailed appraisal reports and documentation to support loan sanctioning decisions in compliance with bank policies.
• Collaborate with the credit and risk teams to identify and mitigate potential risks associated with gold loan collateral.
• Ensure adherence to all regulatory and internal audit requirements related to gold appraisal and loan processing.
• Train and mentor junior staff on gold appraisal procedures and quality standards to maintain consistency and accuracy.
• Manage and maintain appraisal equipment and tools, ensuring calibration and functionality for precise measurements.
• Engage with customers professionally to explain appraisal outcomes and address any queries related to gold loan valuations.
• Contribute to process improvement initiatives aimed at enhancing the efficiency and accuracy of gold loan operations.
  
  

Skill:-

• Gold Purity Testing
• Precious Metals Valuation
• Use of Assaying Equipment
• Market Price Analysis
• Regulatory Compliance in Financial Services
• Risk Assessment and Mitigation
• Report Writing and Documentation
• Customer Relationship Management
• Internal Audit Coordination
• Training and Development
• Attention to Detail
• Time Management
  
  

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 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*#