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 verification of gold assets for loan processing. This role demands a deep understanding of gold appraisal techniques, market trends, and regulatory compliance to ensure accurate valuation and risk mitigation. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise assessments that uphold the institution's standards for security and customer trust.

Responsibilities

:- Conduct thorough physical inspection and verification of gold items submitted as collateral for loan processing, ensuring authenticity and purity. Evaluate the market value of gold based on current rates, weight, and quality to determine loan eligibility and amount. Maintain detailed records of appraisals, including photographs, descriptions, and valuation reports, adhering to company policies and regulatory requirements.

Collaborate with loan officers and operations teams to facilitate smooth processing of gold-backed loans, providing expert advice on valuation matters. Stay updated with fluctuations in gold market prices and industry trends to provide accurate and timely appraisals. Ensure compliance with all legal and regulatory guidelines related to gold appraisal and loan disbursement.

Identify and report any discrepancies or suspicious activities related to gold collateral to the appropriate authorities within the bank. Participate in periodic audits and quality checks to maintain appraisal accuracy and operational integrity. Train and mentor junior staff on gold appraisal techniques and operational procedures to enhance team capability.

Skill :- Gold Purity Testing Market Price Analysis Collateral Valuation Regulatory Compliance Risk Assessment Documentation and Record Keeping Customer Service in Financial Services Audit and Quality Control Use of Gold Testing Instruments Report Writing and Communication Preferred Qualifications :- Bachelor’s degree in Commerce, Finance, or a related field; certification in gemology or precious metals appraisal is highly desirable.

Minimum of 3-5 years of experience in gold appraisal or valuation within the financial services or jewelry industry, preferably in a banking environment. 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#