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. The role demands a thorough 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 detailed physical inspection and verification of gold ornaments and items submitted as collateral for loan processing.
Accurately assess the purity, weight, and market value of gold items using standardized testing methods and equipment.
Ensure compliance with regulatory guidelines and internal policies related to gold loan appraisal and documentation.
Collaborate with the loan processing team to provide timely and accurate appraisal reports to facilitate loan disbursement.
Maintain up-to-date knowledge of gold market trends, price fluctuations, and industry standards to inform valuation decisions.
Identify and report any discrepancies, counterfeit items, or potential fraud during the appraisal process.
Maintain detailed records of appraisals, including photographs, test results, and valuation reports for audit and reference purposes.
Provide training and guidance to junior staff on gold appraisal techniques and compliance requirements.
Coordinate with external vendors and assay labs when advanced testing or certification is required.
Support the development and enhancement of appraisal procedures to improve accuracy and operational efficiency.

Skill:-

Gold Purity Testing
Karats Measurement
Use of Electronic Gold Testing Equipment
Market Price Analysis
Regulatory Compliance in Financial Services
Risk Assessment and Fraud Detection
Documentation and Record Keeping
Customer Service in Loan Operations
Report Writing and Communication
Team Collaboration and Training

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 within the financial services or banking 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