Senior Gold Appraiser - Gold Loan

AU SMALL FINANCE BANK; Siddipet; On-site; INR 1,400,000 - 1,800,000; Full time

Job summary

AU Small Finance Bank Limited seeks an experienced Senior Gold Appraiser to lead valuation of gold assets for our gold loan portfolio. The role focuses on accuracy, regulatory compliance, and collaboration with risk and credit teams.

The ideal candidate brings expertise in gold purity testing, market trends, and comprehensive appraisal documentation. This position reports to Operations and Services and supports service excellence across branches.

Qualifications

• Bachelor's degree in Commerce, Finance, or related field; gemology or precious metals appraisal certification desirable.
• Minimum of 5 years of gold appraisal experience in financial services or jewelry.
• Knowledge of gold purity testing, market trends, and regulatory compliance.
• Experience documenting appraisals and collaborating with risk teams.

Responsibilities

• Conduct appraisal of gold jewelry and bullion for loan processing.
• Verify gold purity using acid tests, XRF analyzers.
• Ensure compliance with regulatory guidelines for collateral evaluation.
• Collaborate with credit and risk teams to assess asset quality.
• Maintain detailed appraisal records and audit-ready reports.
• Mentor junior appraisers and streamline appraisal processes.

Skills

Gold Purity Testing

X-ray Fluorescence (XRF) Analysis

Acid Test Methodology

Market Price Analysis

Regulatory Compliance in Financial CDS

Risk Assessment for Secured Loans

Documentation and Record Keeping

Training and Mentoring

Audit and Quality Control

Stakeholder Collaboration

Process Optimization

Customer Service Excellence

Education

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

Gemology or precious metals appraisal certification

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

#*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 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 gold appraisal to support the bank's gold loan portfolio, ensuring accurate and timely assessment of gold collateral. The ideal candidate will have extensive knowledge of gold purity testing, market trends, and regulatory compliance, contributing to risk mitigation and operational efficiency. This position plays a critical role in maintaining the integrity of the bank's secured lending practices and requires collaboration with multiple teams to uphold service excellence and customer trust.

Responsibilities

• Conduct precise and thorough appraisal of gold jewelry and bullion to determine accurate market value for loan processing.
• Verify gold purity using industry-standard testing methods such as acid tests, electronic gold testers, and X-ray fluorescence (XRF) analyzers.
• Ensure compliance with regulatory guidelines and internal policies related to gold loan collateral evaluation.
• Collaborate with credit and risk teams to assess the quality and authenticity of gold assets, minimizing potential loan defaults.
• Maintain detailed records of appraisals, including photographs, test results, and valuation reports for audit and reference purposes.
• Stay updated on current gold market trends, price fluctuations, and industry best practices to provide informed valuations.
• Train and mentor junior appraisers and operations staff on gold testing techniques and appraisal standards.
• Coordinate with branch operations to streamline the gold loan appraisal process, enhancing turnaround time and customer satisfaction.
• Participate in periodic audits and quality checks to ensure appraisal accuracy and adherence to bank standards.
• Support the development and implementation of new appraisal tools and technologies to improve efficiency and accuracy.

Skill

• Gold Purity Testing
• X-ray Fluorescence (XRF) Analysis
• Acid Test Methodology
• Market Price Analysis
• Regulatory Compliance in Financial Services
• Risk Assessment for Secured Loans
• Documentation and Record Keeping
• Training and Mentoring
• Audit and Quality Control
• Stakeholder Collaboration
• Process Optimization
• Customer Service Excellence

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 jewelry industry, 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*#