Job Description

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 appraisal of gold assets for loan processing. This role demands a deep understanding of gold valuation techniques, market trends, and regulatory compliance to ensure accurate assessment and risk mitigation. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise appraisals that align with the bank's lending policies and contribute to customer satisfaction and operational efficiency.

Responsibilities:-

Conduct thorough physical inspection and verification of gold items submitted for loan processing, ensuring authenticity and quality standards.
Accurately assess the purity, weight, and market value of gold assets using industry-standard tools and techniques.
Maintain up-to-date knowledge of gold market trends, price fluctuations, and regulatory guidelines affecting gold loan valuations.
Prepare detailed appraisal reports and documentation to support loan sanctioning decisions in compliance with bank policies.
Collaborate with the credit and risk teams to identify and mitigate potential risks associated with gold loan collateral.
Ensure adherence to all regulatory and internal audit requirements related to gold appraisal and loan processing.
Train and mentor junior staff on gold appraisal procedures and quality standards to maintain consistency and accuracy.
Manage and maintain appraisal equipment and tools, ensuring calibration and functionality for precise measurements.
Engage with customers professionally to explain appraisal outcomes and address any queries related to gold loan valuations.
Contribute to process improvement initiatives aimed at enhancing the efficiency and accuracy of gold loan operations.

Skill:-

Gold Purity Testing
Precious Metals Valuation
Use of Assaying Equipment
Market Price Analysis
Regulatory Compliance in Financial Services
Risk Assessment and Mitigation
Report Writing and Documentation
Customer Relationship Management
Internal Audit Coordination
Training and Development
Attention to Detail
Time Management

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 banking sector, preferably with exposure to gold loan products.

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