Auditor-Gold Loan

IDFC FIRST Bank; Varanasi; On-site; INR 900,000 - 1,300,000; Full time

Job summary

IDFC FIRST Bank seeks an Auditor for Gold Loan to ensure branch audits meet defined TAT and quality standards. The role involves valuing gold loans, verifying collateral purity, and conducting security checks across branches with travel as needed.

Ideal candidates have 5–10 years of audit experience, a relevant graduation, and MBA. Proficiency in MS Word, Excel and PowerPoint is essential for reporting and training roles.

Qualifications

• Education: Graduation in Engineering/Technology/Commerce/Arts/Science/Management or equivalent.
• MBA preferred for career progression.
• 5–10 years of audit experience, preferably in banking or gold loan domains.

Responsibilities

• Gold Loan valuation using standard methods.
• Perform checks to ensure collateral purity.
• Ensure audits at branches meet defined TAT and quality.
• Monthly checks on stock of gold in branches.
• Verify previous audit reports and report non-compliance.
• Conduct security checks during audits and ensure CCTV and alarms work.
• Willingness to travel to other states/locations for audits.
• Provide training on gold loan valuation to branch staff.
• Maintain integrity and safeguard company assets.
• Proficient in MS Word/Excel/PowerPoint.
• Drive positive work ethic and deliver results under tight deadlines.

Skills

Audit

Branch audit

Quality checks

MS Office

Education

Bachelor's degree

MBA

Tools

MS Word

MS Excel

PowerPoint

Job description

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.

Role/ Job Title

Auditor - Gold Loan

Function / Department

Gold Loan

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