About the role
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*#
- Conduct thorough and precise appraisal of gold jewelry and bullion to determine purity, weight, and market value in alignment with industry standards.
- Verify authenticity and quality of gold items using advanced testing methods and tools to prevent fraud and ensure accurate loan underwriting.
- Collaborate with credit and risk management teams to provide reliable valuation reports that support loan sanctioning and risk assessment processes.
- Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and regulatory changes impacting gold loan operations.
- Ensure compliance with internal policies, RBI guidelines, and other regulatory requirements related to gold appraisal and loan processing.
- Train and mentor junior appraisers and operations staff on gold valuation techniques, quality control, and compliance protocols.
- Manage documentation and record-keeping for all appraisals, ensuring accuracy and audit readiness.
- Coordinate with branch and regional teams to streamline appraisal processes and improve turnaround times for gold loan disbursements.
- Identify and mitigate risks associated with gold valuation discrepancies and recommend process improvements to enhance operational efficiency.
- Participate in periodic audits and inspections to validate appraisal accuracy and adherence to regulatory standards.
- Gold Purity Testing
- Jewelry Valuation Techniques
- Bullion Market Analysis
- Risk Assessment in Gold Loans
- Regulatory Compliance (RBI Guidelines)
- Fraud Detection in Precious Metals
- Report Preparation and Documentation
- Team Leadership and Training
- Operational Process Optimization
- Audit and Inspection Coordination
- 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
- 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*#