About the role
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*#
- Conduct thorough and accurate appraisal of gold items submitted as collateral for loan processing, ensuring adherence to industry standards and bank policies.
- Evaluate the purity, weight, and market value of gold assets using standardized testing methods and tools.
- Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and regulatory guidelines affecting gold loan operations.
- Collaborate with loan officers and operations teams to verify collateral details and support efficient loan sanctioning processes.
- Prepare detailed appraisal reports and documentation to support loan approval and audit requirements.
- Ensure compliance with all internal controls, legal regulations, and audit standards related to gold asset evaluation.
- Identify and report any discrepancies or potential risks associated with gold collateral to senior management promptly.
- Train and mentor junior appraisal staff to uphold quality and consistency in gold valuation practices.
- Participate in periodic audits and inspections to validate appraisal accuracy and process adherence.
- Contribute to continuous improvement initiatives aimed at enhancing appraisal methodologies and operational efficiency.
- Gold Purity Testing
- Precious Metal Valuation
- Market Trend Analysis
- Regulatory Compliance in Financial Services
- Risk Assessment and Mitigation
- Report Preparation and Documentation
- Audit and Quality Control
- Customer Service in Financial Operations
- Use of Gold Testing Instruments
- Team Training and Development
- Bachelor’s degree in Finance, Commerce, Gemology, or a related field; certification in precious metal appraisal is highly desirable.
- Minimum of 3-5 years of experience in gold appraisal or related roles 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
- 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*#