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 uphold the institution's standards of financial integrity and customer trust.

Responsibilities:-

• Conduct thorough physical inspection and verification of gold items submitted for loan processing to determine authenticity and purity.
• Evaluate the market value of gold based on current rates, quality, weight, and prevailing economic conditions.
• Prepare detailed appraisal reports that accurately reflect the assessed value of gold assets for loan sanctioning purposes.
• Collaborate with the loan processing and risk management teams to ensure compliance with internal policies and regulatory guidelines.
• Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and industry best practices to inform appraisal decisions.
• Manage and update records of all appraisals and related documentation in the bank's operational systems with high accuracy.
• Identify and report any discrepancies or potential fraud in gold submissions to the appropriate authorities within the bank.
• Provide training and guidance to junior staff on gold appraisal techniques and compliance requirements.
• Participate in periodic audits and inspections to ensure adherence to quality standards and regulatory mandates.
• Support customer service teams by addressing queries related to gold valuation and loan eligibility.
  
  

Skill:-

• Gold Purity Testing
• Market Price Analysis
• Asset Valuation Techniques
• Regulatory Compliance
• Risk Assessment
• Report Writing
• Fraud Detection
• Customer Service
• Data Management
• Training and Development
  
  

Preferred Qualifications:-

• Bachelor's degree in Finance, Commerce, Gemology, or a related field from a recognized institution.
• Certification in Gold Appraisal or Jewelry Valuation from a reputed professional body is highly desirable.
• Minimum of 3-5 years of experience in gold appraisal within the financial services or banking sector.
• Strong understanding of regulatory frameworks governing gold loans and asset valuation.
• Proven track record of accuracy and integrity in asset appraisal and risk assessment.
  
  

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*#