Job Description

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 assessing the quality, purity, and market value of gold items to support the bank's gold loan portfolio. The incumbent will ensure accurate and timely appraisals, maintain compliance with regulatory standards, and collaborate closely with credit and risk teams to mitigate financial risks. This position requires a detail-oriented individual with strong analytical skills and a deep understanding of the gold market dynamics, committed to upholding the bank's reputation for integrity and customer trust.

Responsibilities:-

Conduct thorough and precise appraisal of gold jewelry and bullion to determine purity, weight, and market value in alignment with current market trends.
Verify authenticity and quality of gold items using industry-standard testing methods and equipment.
Collaborate with credit and risk management teams to provide accurate valuations that support loan sanctioning decisions.
Maintain detailed records of appraisals, including photographs, assay reports, and valuation certificates, ensuring compliance with internal policies and regulatory requirements.
Stay updated on fluctuations in gold prices, market demand, and regulatory changes affecting gold loan operations.
Train and mentor junior appraisers and operations staff on gold valuation techniques and compliance protocols.
Coordinate with branch operations to streamline the appraisal process, ensuring timely loan disbursal and customer satisfaction.
Implement and monitor quality control measures to minimize errors and discrepancies in gold valuation.
Participate in audits and inspections related to gold loan assets and appraisal procedures.
Advise management on potential risks and opportunities in the gold loan portfolio based on appraisal insights.

Skill:-

Gold Purity Testing
Jewelry Appraisal Techniques
Market Price Analysis
Risk Assessment in Gold Loans
Regulatory Compliance for Precious Metals
Use of Assay and Testing Equipment
Documentation and Record Keeping
Team Leadership and Training
Audit and Quality Control
Customer Service in Financial Operations

Preferred Qualifications:-

Bachelor's degree in Commerce, Finance, or a related field; certification in gemology or precious metals appraisal is highly desirable.
Minimum of 5 years of experience in gold appraisal within the financial services or banking sector, preferably with exposure to 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