Senior Gold Appraiser - Gold Loan

AU SMALL FINANCE BANK; Belagavi District; On-site; INR 700,000 - 900,000; Full time

Job summary

AU Small Finance Bank Limited is looking for a Senior Gold Appraiser to lead the appraisal of gold assets. The successful candidate will have over 5 years of experience and strong analytical skills in assessing gold quality and market value.

The role involves collaboration with credit and risk teams and requires a detail-oriented professional committed to compliance and customer satisfaction. Opportunities for training and mentoring junior staff are also part of the job.

Qualifications

• Minimum 5 years of experience in gold appraisal within banking or financial services.
• Strong analytical skills and understanding of gold market dynamics.
• Expertise in assessing quality, purity, and market value of gold items.

Responsibilities

• Conduct thorough and precise appraisal of gold jewelry and bullion.
• Verify authenticity and quality using industry-standard testing methods.
• Collaborate with risk management for accurate valuations.
• Maintain detailed records of appraisals, ensuring compliance.
• Stay updated on market fluctuations and regulatory changes.
• Train and mentor junior appraisers on valuation techniques.
• Coordinate with operations for timely loan disbursal.
• Implement quality control measures to minimize errors.
• Participate in audits and inspections related to gold loans.
• Advise management on risks and opportunities in the portfolio.

Skills

Gold Purity Testing

Jewelry Appraisal Techniques

Market Price Analysis

Risk Assessment in Gold Loans

Regulatory Compliance for Precious Met

Use of Assay and Testing Equipment

Documentation and Record Keeping

Team Leadership and Training

Audit and Quality Control

Customer Service in Financial Ops

Education

Bachelor’s degree in Commerce, Finance, or related field

Certification in gemology or precious metals appraisal

Job description

Group Company:

AU Small Finance Bank Limited

Designation:

Senior 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 an experienced professional to lead the valuation and appraisal of gold assets within our Operations and Services department. This role demands a high level of expertise in assessing the quality, purity, and market value of gold items to support the bank's gold loan portfolio. The incumbent will ensure accurate and timely appraisals, maintain compliance with regulatory standards, and collaborate closely with credit and risk teams to mitigate financial risks. This position requires a detail-oriented individual with strong analytical skills and a deep understanding of the gold market dynamics, committed to upholding the bank's reputation for integrity and customer trust.

Responsibilities

• Conduct thorough and precise appraisal of gold jewelry and bullion to determine purity, weight, and market value in alignment with current market trends.
• Verify authenticity and quality of gold items using industry-standard testing methods and equipment.
• Collaborate with credit and risk management teams to provide accurate valuations that support loan sanctioning decisions.
• Maintain detailed records of appraisals, including photographs, assay reports, and valuation certificates, ensuring compliance with internal policies and regulatory requirements.
• Stay updated on fluctuations in gold prices, market demand, and regulatory changes affecting gold loan operations.
• Train and mentor junior appraisers and operations staff on gold valuation techniques and compliance protocols.
• Coordinate with branch operations to streamline the appraisal process, ensuring timely loan disbursal and customer satisfaction.
• Implement and monitor quality control measures to minimize errors and discrepancies in gold valuation.
• Participate in audits and inspections related to gold loan assets and appraisal procedures.
• Advise management on potential risks and opportunities in the gold loan portfolio based on appraisal insights.

Skill

• Gold Purity Testing
• Jewelry Appraisal Techniques
• Market Price Analysis
• Risk Assessment in Gold Loans
• Regulatory Compliance for Precious Metals
• Use of Assay and Testing Equipment
• Documentation and Record Keeping
• Team Leadership and Training
• Audit and Quality Control
• Customer Service in Financial Operations

Preferred Qualifications

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

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*#