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#