Gold Loan Auditor

Skillventory; Raipur; On-site; INR 600,000 - 800,000; Full time

Job summary

Skillventory in Raipur, India is seeking an audit professional to conduct round-the-clock checks of gold loan branches. The role involves verifying assets, cash, and documentation, ensuring compliance with internal controls, and coordinating with operations and compliance teams.

Ideal candidates will perform surprise audits, prepare detailed reports, and follow up on audit observations to mitigate risks and ensure regulatory adherence.

Responsibilities

• Conduct audits of gold loan branches and ensure compliance with company policies and regulatory guidelines.
• Verify gold ornaments, purity, weight, valuation, and loan-to-value (LTV) calculations.
• Check gold custody, storage, security, and physical stock against system records.
• Review loan documentation, KYC, sanction, disbursement, and repayment processes.
• Identify discrepancies, operational gaps, process violations, and potential fraud risks.
• Conduct surprise audits and branch-level checks as per the audit plan.
• Verify cash, gold packets, registers, vouchers, and other branch records.
• Prepare detailed audit reports highlighting observations, risks, and corrective actions.
• Follow up with branches on closure of audit observations.
• Ensure adherence to internal controls, SOPs, and applicable regulatory requirements.
• Coordinate with branch teams, operations, credit, and compliance teams during audits.

Job description

Role & responsibilities

Key Responsibilities:

• Conduct audits of gold loan branches and ensure compliance with company policies and regulatory guidelines.
• Verify gold ornaments, purity, weight, valuation, and loan-to-value (LTV) calculations.
• Check gold custody, storage, security, and physical stock against system records.
• Review loan documentation, KYC, sanction, disbursement, and repayment processes.
• Identify discrepancies, operational gaps, process violations, and potential fraud risks.
• Conduct surprise audits and branch-level checks as per the audit plan.
• Verify cash, gold packets, registers, vouchers, and other branch records.
• Prepare detailed audit reports highlighting observations, risks, and corrective actions.
• Follow up with branches on closure of audit observations.
• Ensure adherence to internal controls, SOPs, and applicable regulatory requirements.
• Coordinate with branch teams, operations, credit, and compliance teams during audits.