Immediate requirement _Gold Appraiser/Audit

Role & responsibilities

• Perform surprise checks of gold packets in branch vaults to match system records with actual physical stock.
• Verify the accuracy of gold purity testing reports, weights, and current market valuations.
• Ensure adherence to RBI guidelines, specifically maintaining LTV ratios (typically capped at 75% ) and verifying KYC documentation.
• Check the functionality of branch security measures, including CCTV, burglary alarms, and dual-control access to vaults.
• Prepare detailed audit reports highlighting deviations and ensure the timely closure of audit observations by regional teams.
• Process Review: Evaluate the entire loan lifecyclefrom disbursement and documentation to renewals and auctionsto identify potential operational risks.
• Verify the issuance of mandatory Gold Purity Certificates that must detail gross weight, net weight, carats, and deductions for stones or alloys.
• Use data analytics to identify red flags such as gold substitution (replacing pledged gold with lower purity items), weight manipulation, or "ever greening" (renewing loans without actual repayment).

Interested candidates may share their updated resume on [email removed]