Auditor-Gold Loan

IDFC FIRST Bank; Kota; On-site; INR 700,000 - 1,100,000; Full time

Job summary

IDFC FIRST Bank seeks an Auditor for Gold Loan to ensure audits adhere to defined timelines and quality. The role involves evaluating gold collateral, conducting security checks, and ensuring proper controls at branches.

Travel across states will be required to perform audits and related activities; strong proficiency in MS Word/Excel/PowerPoint is essential to prepare reports and present findings.

Qualifications

• Gold Loan valuation using standard methods.
• Verify collateral purity by appropriate checks.
• Ensure branch audits meet defined TAT and quality.
• Monthly stock checks of Gold in branches.

Responsibilities

• Verify previous audit reports and note non-compliances.
• Conduct security checks during audits (alarm, CCTV, weigh balance).
• Travel to other states/locations for audits or related work.
• Lead training sessions on gold loan valuation for branch staff.

Skills

Audit

MS Word

MS Excel

PowerPoint

Education

Bachelor’s in Engineering/Technology/Math/Commerce/Arts/Science/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