Gold Appraiser - Gold Loan

AU SMALL FINANCE BANK; Chittorgarh; On-site; INR 420,000 - 700,000; Full time

Job summary

AU Small Finance Bank Limited is seeking an experienced Gold Appraiser to evaluate gold assets for loan processing. The role requires expertise in purity testing, weight assessment, and market valuation, with compliance to regulatory standards and risk controls.

As part of the Operations and Services team, you will prepare appraisal reports, coordinate with loan officers, mentor junior staff, and contribute to timely disbursements while maintaining high service levels and integrity.

Qualifications

• Bachelor's degree in Commerce, Finance, or related field; gemology or precious metal appraisal certification desirable.
• 3–5 years of experience in gold appraisal or similar role.

Responsibilities

• Conduct physical inspection and verification of gold collateral.
• Assess purity, weight, and market value using testing methods.
• Stay updated on current gold prices and trends.
• Prepare detailed appraisal reports complying with policies.
• Collaborate with loan officers and operations to facilitate disbursement.
• Adhere to internal controls and audit requirements.
• Identify discrepancies or potential fraud.
• Train and mentor junior staff on appraisal techniques.
• Participate in periodic audits to ensure quality.
• Update skills related to precious metal appraisal and regulations.

Skills

Gold Purity Testing

Precious Metal Valuation

Market Price Analysis

Regulatory Compliance

Risk Assessment

Report Writing

Fraud Detection

Audit and Quality Control

Customer Service Coordination

Training and Development

Education

Bachelor's degree in Commerce/Finance

Gemology Certification

Precious Metal Appraisal Certification

Job description

Group Company: AU Small Finance Bank Limited

Designation: Gold Appraiser - Gold Loan

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*#

Job Brief: AU Small Finance Bank Limited is seeking a meticulous and experienced professional to join our Operations and Services team, specializing in the evaluation and appraisal of gold assets for loan processing. This role demands a deep understanding of gold valuation techniques, market trends, and regulatory compliance to ensure accurate and timely assessment of gold collateral. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise appraisals that mitigate risk and enhance customer trust. This position requires collaboration with multiple departments to streamline loan disbursement processes while maintaining the highest standards of operational integrity and customer service.

Responsibilities

• Conduct thorough physical inspection and verification of gold items submitted as collateral for loan processing.
• Accurately assess the purity, weight, and market value of gold using standardized testing methods and industry tools.
• Maintain up-to-date knowledge of current gold market prices and trends to ensure precise valuation.
• Prepare detailed appraisal reports and documentation in compliance with regulatory and company policies.
• Collaborate with loan officers and operations teams to facilitate smooth and timely loan disbursement.
• Ensure adherence to all internal controls and audit requirements related to gold appraisal and handling.
• Identify and report any discrepancies or potential fraud in gold submissions to the relevant authorities.
• Train and mentor junior staff on gold appraisal techniques and compliance standards.
• Participate in periodic audits and inspections to uphold quality and accuracy in appraisal processes.
• Continuously update skills and knowledge related to precious metal appraisal and financial services regulations.

Skill

• Gold Purity Testing
• Precious Metal Valuation
• Market Price Analysis
• Regulatory Compliance
• Risk Assessment
• Report Writing and Documentation
• Fraud Detection
• Audit and Quality Control
• Customer Service Coordination
• Training and Development

Preferred Qualifications

• Bachelor’s degree in Commerce, Finance, or a related field; certification in gemology or precious metal appraisal is highly desirable.
• Minimum of 3-5 years of experience in gold appraisal or a similar role within the financial services or jewelry industry.

Key Performance Indicators: #*Key Performance Indicators*#

Required Competencies: #*Required Competencies*#

Required Knowledge: #*Required Knowledge*#

Required Skills: #*Required Skills*#

Required Abilities: #*Required Abilities*#

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*#