Senior Gold Appraiser - Gold Loan

Group Company: AU Small Finance Bank Limited

Designation: Senior 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 an experienced professional to lead the valuation and appraisal of gold assets within our Operations and Services department. This role demands a high level of expertise in gold quality assessment, market valuation, and risk mitigation to support our gold loan portfolio. The incumbent will ensure accurate and timely appraisal of gold collateral, adhering to regulatory standards and internal policies, thereby enabling informed lending decisions and safeguarding the bank's interests. This position requires a detail-oriented individual with strong analytical skills, leadership capabilities, and a thorough understanding of the financial services industry, particularly in secured lending against gold assets.

Responsibilities:-

• Conduct precise and comprehensive appraisal of gold jewelry and bullion to determine market value for loan sanctioning purposes.
• Lead and mentor a team of junior appraisers, ensuring adherence to standardized appraisal procedures and quality benchmarks.
• Stay updated with current gold market trends, price fluctuations, and regulatory changes impacting gold loan valuations.
• Collaborate with credit and risk management teams to assess collateral quality and mitigate potential loan risks.
• Maintain detailed records of appraisals, including photographs, weight, purity, and valuation reports, ensuring compliance with audit requirements.
• Implement and monitor internal controls to prevent fraud and discrepancies in gold asset evaluation.
• Coordinate with branch operations to streamline appraisal processes and improve turnaround times for gold loan disbursals.
• Provide expert guidance during internal and external audits related to gold asset valuation and loan documentation.
• Develop and update appraisal guidelines and training materials to enhance team competency and operational efficiency.
• Ensure compliance with all applicable legal and regulatory frameworks governing gold loan operations.
  
  

Skill:-

• Gold Purity Testing
• Market Valuation Analysis
• Risk Assessment in Secured Lending
• Team Leadership and Training
• Regulatory Compliance for Financial Services
• Fraud Detection and Prevention
• Documentation and Record Keeping
• Audit Coordination
• Stakeholder Collaboration
• Process Optimization
  
  

Preferred Qualifications:-

• Bachelor's degree in Finance, Commerce, or a related field; certification in gemology or precious metals appraisal is highly desirable.
• Minimum of 7 years of experience in gold appraisal within the financial services sector, 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*#