Gold Appraiser - Gold Loan

AU SMALL FINANCE BANK; Kothagudem; On-site; INR 500,000 - 900,000; Full time

Job summary

AU Small Finance Bank Limited is seeking a meticulous Gold Appraiser - Gold Loan to evaluate gold assets supporting loan processing. The role requires deep understanding of purity, weight, market value, and regulatory standards to ensure fair collateral assessment.

Strong analytical skills and attention to detail are essential for high-quality appraisal outcomes. The candidate will join the Operations and Services team and work closely with loan officers and operations staff to ensure accurate

Qualifications

• Gold appraisal and valuation knowledge for loan processing.
• Understanding of gold purity, weight, and market value assessment.
• Familiarity with regulatory guidelines affecting gold loans.

Responsibilities

• Conduct thorough appraisal of gold jewelry and ornaments submitted as collateral for gold loans.
• Evaluate purity, weight, and market value using standard testing methods.
• Prepare detailed appraisal reports to support loan sanctioning and risk assessment.
• Collaborate with loan officers to verify collateral details and resolve discrepancies.
• Ensure compliance with internal controls and statutory regulations related to gold appraisal.
• Train junior staff to maintain accuracy and professionalism.

Job description

Group Company: AU Small Finance Bank Limited

Designation: Gold Appraiser - Gold Loan

Office Location:

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

• 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: #*Required Work 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 fair assessment of 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 strong analytical skills, attention to detail, and the ability to work collaboratively within a dynamic financial services environment.

Responsibilities

• Conduct thorough and accurate appraisal of gold jewelry and ornaments submitted as collateral for gold loans, ensuring adherence to industry standards and bank policies.
• Evaluate the purity, weight, and market value of gold items using standardized testing methods and tools.
• Maintain up-to-date knowledge of gold market trends, pricing fluctuations, and regulatory guidelines affecting gold loan operations.
• Prepare detailed appraisal reports and documentation to support loan sanctioning and risk assessment processes.
• Collaborate with loan officers and operations teams to verify collateral details and resolve discrepancies promptly.
• Ensure compliance with all internal controls, audit requirements, and statutory regulations related to gold appraisal and loan processing.
• Train and mentor junior appraisal staff to maintain high standards of accuracy and professionalism within the team.
• Manage and calibrate appraisal equipment regularly to guarantee precision in measurements and valuations.
• Participate in periodic audits and inspections conducted by internal and external stakeholders to uphold appraisal integrity.
• Provide expert advice on gold asset management and risk mitigation strategies to senior management.

Skill

• Gold Purity Testing
• Precious Metals Valuation
• Use of Assaying Equipment
• Market Trend Analysis
• Regulatory Compliance in Financial Services
• Risk Assessment and Mitigation
• Report Writing and Documentation
• Attention to Detail
• Team Collaboration
• Training and Mentoring
• Audit and Inspection Coordination

Preferred Qualifications

• Bachelor’s degree in Commerce, Finance, or a related field; certification in gemology or precious metals appraisal is highly desirable.
• Minimum of 3-5 years of experience in gold appraisal within the financial services or banking sector, preferably with exposure to gold loan products.

Key Performance Indicators: #*Key Performance Indicators*#

Required Competencies: #*Required Competencies*#

Required Knowledge: #*Required Knowledge*#

Required Skills: #*Required Skills*#

Required Abilities

• Physical: #*Physical*#
• Other: #*Other*#

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*#