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 appraisal to support the bank's gold loan portfolio, ensuring accurate and timely assessment of gold collateral. The candidate will play a critical role in risk mitigation, compliance adherence, and operational efficiency, contributing to the bank's commitment to secure and customer-centric financial services. This position requires a detail-oriented individual with strong analytical skills, deep knowledge of gold valuation standards, and the ability to work collaboratively with cross-functional teams to uphold the bank's reputation and regulatory standards.

Responsibilities:-

• Conduct precise and comprehensive appraisal of gold items submitted as collateral for gold loans, ensuring adherence to industry standards and bank policies.
• Evaluate the purity, weight, and market value of gold assets using advanced testing methods and tools to determine accurate loan eligibility.
• Collaborate with the credit and risk management teams to provide timely and reliable valuation reports that support loan sanctioning decisions.
• Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and regulatory changes impacting gold loan operations.
• Ensure compliance with all regulatory guidelines and internal audit requirements related to gold appraisal and loan processing.
• Train and mentor junior appraisers and operations staff on gold valuation techniques, quality control, and operational best practices.
• Implement and continuously improve appraisal processes to enhance accuracy, reduce turnaround time, and minimize operational risks.
• Coordinate with branch and regional teams to resolve discrepancies in gold valuation and support customer queries related to gold loans.
• Prepare detailed documentation and maintain records of all appraisals for audit and regulatory review purposes.
• Participate in periodic internal and external audits to validate appraisal procedures and ensure adherence to compliance standards.
  
  

Skill:-

• Gold Purity Testing
• Karats Measurement
• Market Price Analysis
• Risk Assessment in Gold Loans
• Regulatory Compliance for Financial Services
• Use of Gold Testing Instruments (e.g., XRF Analyzers)
• Report Preparation and Documentation
• Team Leadership and Training
• Operational Process Improvement
• Cross-functional Collaboration
• Audit and Quality Control
• Customer Service in Financial Products
  
  

Preferred Qualifications:-

• Bachelor's degree in Finance, Commerce, Gemology, or a related field; certification in gold appraisal or gemology is highly desirable.
• Minimum of 5 years of experience in gold appraisal within the financial services sector, preferably in 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*#