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 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*#