Gold Appraiser - Gold Loan

AU SMALL FINANCE BANK; Kurukshetra; On-site; INR 600,000 - 900,000; Full time

Job summary

AU Small Finance Bank Limited is seeking a meticulous Gold Appraiser to evaluate gold assets for loan processing. This role demands a deep understanding of gold valuation techniques, market trends, and regulatory compliance to ensure accurate assessment and risk mitigation.

The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise appraisals that uphold the institution's standards for security and customer trust within the financial services

Qualifications

• Bachelor’s degree in Commerce or Finance, with gemology or precious metals appraisal certification preferred.

Responsibilities

• Conduct physical inspection and verify gold items for loan processing.
• Evaluate market value based on current rates, weight, and quality.
• Maintain knowledge of gold market trends and regulatory guidelines.
• Prepare detailed appraisal reports for loan sanction and audits.
• Collaborate with loan officers to ensure smooth processing and policy adherence.
• Identify discrepancies or potential fraud and report to risk management.
• Ensure compliance with statutory requirements for gold appraisal and disbursement.
• Train junior staff on appraisal techniques and compliance.

Skills

Gold Purity Testing

Market Price Analysis

Risk Assessment

Regulatory Compliance

Report Writing

Fraud Detection

Customer Service

Audit Coordination

Training and Development

Attention to Detail

Education

Bachelor’s degree in Commerce/Finance

Gemology or precious metals appraisal certification

3-5 years gold appraisal experience

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

• 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 assessment and risk mitigation. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise appraisals that uphold the institution's standards for security and customer trust within the financial services sector.

Responsibilities

• Conduct thorough physical inspection and verification of gold items submitted for loan processing, ensuring authenticity and purity.
• Evaluate the market value of gold based on current rates, weight, and quality, applying standardized appraisal methodologies.
• 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 decisions and audit requirements.
• Collaborate with loan officers and operations teams to facilitate smooth processing of gold-backed loans while ensuring compliance with internal policies.
• Identify and report any discrepancies or potential fraud related to gold assets to the risk management team promptly.
• Ensure adherence to all statutory and regulatory requirements related to gold appraisal and loan disbursement.
• Train and mentor junior staff on gold appraisal techniques and compliance standards to maintain high-quality service delivery.
• Participate in periodic audits and inspections conducted by internal and external agencies to validate appraisal accuracy and process integrity.

Skill

• Gold Purity Testing
• Market Price Analysis
• Risk Assessment in Gold Loans
• Regulatory Compliance for Precious Metals
• Report Writing and Documentation
• Fraud Detection in Asset Verification
• Customer Service in Financial Operations
• Audit and Inspection Coordination
• Training and Development
• Attention to Detail

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*#