Auditor-Gold Loan

IDFC FIRST Bank; Varanasi; On-site; INR 600,000 - 800,000; Full time

Job summary

IDFC FIRST Bank seeks an Auditor – Gold Loan to ensure branch audits adhere to defined TAT and quality. The role covers gold loan valuation, collateral checks, security measures, and monthly stock verifications across locations.

Ideal candidates have 5–10 years' experience, Graduation, and proficiency in MS Word/Excel/PowerPoint. Willingness to travel across states and train branch staff is essential.

Qualifications

• Gold Loan valuation using standard methods.
• Perform checks to verify collateral purity.
• Audit at branches to meet defined TAT and quality.

Responsibilities

• Ensure monthly checks on stock of Gold in branches.
• Verify previous audit reports and raise non-compliance reports.
• Ensure security checks during audit (alarm, CCTV, weighing balance).
• Travel to other states for audits or related work.
• Conduct training sessions on gold loan valuation for branch staff.
• Maintain integrity and safeguard company assets.
• Deliver results under tight deadlines in demanding situations.
• Define strategy and collaborate with team to meet monthly business targets.

Skills

MS Word

Excel

PowerPoint

Education

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

MBA

Tools

CCTV

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