Auditor-Gold Loan

IDFC FIRST Bank; Jaipur; On-site; INR 550,000 - 900,000; Full time

Job summary

IDFC FIRST Bank in Jaipur seeks an Auditor – Gold Loan to ensure audits at branches meet defined TAT and quality, and to perform gold loan valuations using standard methods. This role requires travelling across states for field audits and strict adherence to integrity and compliance standards.

You will verify collateral, perform security checks, train staff on valuation practices, and safeguard company assets while delivering timely audit outcomes in a demanding environment.

Qualifications

• Graduation in one of the listed streams is required.
• MBA is preferred.
• Experience: 5 to 10 years.

Responsibilities

• Gold Loan valuation using standard methods.
• Perform checks to ensure collateral purity by all means.
• Audit at branches to meet defined TAT and quality.
• Monthly checks to evaluate stock of Gold in branches.
• Verify previous audit reports and compliance; report non-compliances.
• Conduct security checks during audits; ensure CCTV, weighing balance work.
• Willing to travel to other states/locations for audits or related work.
• Train branch staff on gold loan valuation for awareness.
• Maintain integrity; avoid conflicts of interest; safeguard company assets.
• Proficient in MS Word/Excel and PowerPoint; drive results under deadlines.
• Field work and travel across the region on short notice.

Skills

MS Word

MS Excel

PowerPoint

Education

Bachelor’s in Engineering / Technology / Math / Commerce / Arts / Science / Biology / Business / Computers / Management

MBA

Job description

Job Requirements

Job Requirements

Role/ Job Title: Auditor – Gold Loan

Function/ Department: Gold Loan

Job Purpose

To ensure the Audit conducted at branches are within the defined TAT and quality.

Roles & Responsibilities

• Gold Loan valuation using standard methods.
• Perform all checks required to perform purity of the collateral with all means.
• To ensure the Audit conducted at branches are within the defined TAT and quality.
• Ensure proper systematic checks are done on a monthly basis to evaluate the stock of Gold lying in branches.
• Verification of previous audit report and its compliances and report if any non-compliance.
• Conduct the security checks during the audit time, ensure the burglary alarm CCTV and weighing balance are working properly and branch is following all security measures.
• Willingness travelling to other states /location for conducting audit or other related works.
• Take training session on gold loan valuation to the branch staff for general awareness.
• Doing the clear and honest deal with intact integrity, should not be involved in any kind of direct /indirect interest in the transactions.
• Safeguard of company assets provided for serving job responsibilities.
• Proficient in MS - Word /Excel and power point.
• Personally drive positive work ethic to deliver results within tight deadlines and in demanding situations.
• Willingness to work extensively in the field and travel across the region on short notice.
• Carrying out ad-hoc activities as per the requirement of the department.
• Demonstrates Managerial effectiveness and helps the team to develop the same.
• Defines strategy and participate with team to help deliver the business month on month.

Education Qualification

Graduation: Bachelor’s in Engineering / Technology / Math’s / Commerce / Arts / Science / Biology / Business / Computers / Management.

Post-graduation: MBA.

Experience: 5 to 10 years of experience