Team Member - Gold Loan Audit - Visakhap...

PeopleStrong; Hinoba-an; On-site; PHP 298,000 - 431,000; Full time

Job summary

ABC Company, Visakhapatnam, is seeking a Team Member for Gold Loan Audit. The role audits gold loan processes, assesses risk controls, and ensures compliance across branches and systems. You will work closely with the Audit team to strengthen controls and mitigate risks.

Ideal candidates hold a Bachelor or Master’s degree, with 3–7 years of relevant experience, and willingness to travel for field audits. This position is part of ABCL’s audit function and requires strong analytical and reporting

Qualifications

• Bachelor or Master’s degree required.
• Experience in collections for mid-market/corporate is preferred.
• Analytical thinking and attention to detail essential.
• Integrity and strong ethical standards expected.
• Excellent communication and reporting skills required.

Responsibilities

• Execute gold loan audits to identify credit, regulatory and operational risks.
• Conduct audits across branches, products and channels ensuring independent assurance.
• Review system controls in LMS and LOs to verify process controls.
• Ensure timely audit completion and proper documentation and reporting.
• Engage with stakeholders to discuss findings and recommendations.
• Lead or support peers in the gold loan audit team where needed.

Skills

Gold Loan Audit

Education

Bachelor or Master’s degree

Job description

Team Member - Gold Loan Audit - Visakhap...

Team Member - Gold Loan Audit - Visakhap...

ABG111522

• Financial Services
• Andhra Pradesh

Posted On 07 Sep 2026

End Date 06 Mar 2027

Required Experience 3 - 7 years

Basic Section

No. Of Position 5

Grade 11

Level NA

Organisational

DEPARTMENT-1 IA - Gold Loan

Country India

State Andhra Pradesh

Skills

Skill

Gold Loan Audit

Under Graduate

CERTIFICATION

Job Description

Job Description – Team Member - Gold Loan Audit

Enriching Lives Winning as ONE

ABC Company Info:

Aditya Birla Capital Limited ("ABCL") is the holding company for the financial services businesses of the Aditya Birla Group. With subsidiaries/JVs that have a strong presence across Protecting, Investing and Financing solutions, ABCL is a financial solutions group that caters to the diverse needs of its customers across their life cycle. Powered by more than 38,000 employees, the businesses of ABCL have a nationwide reach with over 1300 branches, more than 2,00,000 agents/channel partners and various bank partners.

Aditya Birla Finance Limited:

Aditya Birla Finance Limited ("ABFL"), a subsidiary of Aditya Birla Capital Limited, is among the leading well-diversified non-banking financial services company in India. ABFL offers customized solutions in the areas of personal finance, mortgage finance, SME finance, corporate finance, wealth management, debt capital markets and loan syndication.

What makes an ideal ABC Citizen?

At ABC, we are constantly on the lookout for individuals who resonate with our 5 core values of Speed, Passion, Integrity, Seamlessness and commitment and live them every day, while also understanding our vision. We believe in building leaders who thrive on challenges, take the onus of creating and sustaining strong teams, and forms strong networks as a result of effective relationship-building.

Business

Unit

Location

Visakhapatnam

Role

Team Member - Gold Loan Audit

Department

Audit

Eligibility Criteria

Bachelor or master’s degree, Experience in Collection for mid market/corporate

• Analytical thinking and attention to detail.
• Integrity and strong ethical standards.
• Effective communication and reporting.
• Process orientation and innovative mindset.
• Networking and stakeholder management.
• Ability to understand complexity of deal
• Flexibility for travel and on-ground for collection.
• Technical proficiency in MIS and fraud systems.

Key Responsibilities:

Key Result Areas

Supporting Actions

Execution of Gold loan audits

• Execute gold loans audits as and when assigned for proactive identification and remediation of Credit risk and the related risks such as regulatory, financial, operational risks.
• Conduct gold loans audits, as and when assigned, covering new as well as existing branches, product, channels aligned with the nature and complexity of the business to provide independent and objective assurance on the risk management and controls
• Conduct gold loans audits covering controls over various risks inherent in the entire Lifecycle of gold loans across branches, product and channels in ABCL NBFC in accordance with the Policies, Procedures, Legal and Regulatory requirements, Internal Audit Standards, and leading best practices; Identify the areas requiring strengthening of controls and recommend systemic improvements for mitigating the risks
• Conduct gold loans audits across gold loan branches and central functions to assess the adequacy and effectiveness of the monitoring processes and controls covering various key activities and areas in the gold loans lifecycle including collateral valuation and management, gold loans sanction, disbursement and servicing, recovery and auction processes, safekeeping and physical security
• Conduct review of gold loans system controls in both the Loan Origination System and Loan Management Systems related to automated business and operational process controls to assess adequacy and effectiveness of the controls such as those related to customer onboarding, loan booking and disbursement, asset classification etc.
• Conduct reviews of gold loans processes across branches, functions, product and channels to assess adequacy and effectiveness of controls for compliance with applicable laws and regulations such as regulations related to KYC/AML, fair practices, LTV and interest rates, collateral valuation safe-keeping and release, exposure management, income recognition, asset classification, auction, recovery and settlement etc.
• Contribute through ideas / recommendations for improvements to the organization policies, processes and practices based on leading industry practices and emerging risks
• Contribute through ideas / suggestions for adequate and effective audit coverage of various risks including Credit, Regulatory, Financial, and Operational risks arising from gold loans portfolio and lifecycle
• Contribute through ideas / suggestions on the audit procedures and checklists so that they remain current and updated keeping pace and aligned with changes in internal policies/guidelines as well as legal/regulatory changes and evolving industry best practices
• Ensure timely completion of gold loan audits along with quality of audits, and meet with all audit documentation and reporting requirements as per audit policy and procedures and leading best practices
• Actively and proactively engage with the relevant stakeholders in gold loan audits

Continuous Control Monitoring and Offsite Audit

• Contribute through ideas / suggestions in identification of triggers / risk hotspots and conduct unplanned reviews / checks based on various triggers/ hot spots, directives received from regulators, board committees and senior management
• Keep abreast of the emerging gold loans audit trends and drive key audit initiatives for efficient and effective achievement of the audit objectives
• Explore and use emerging technology solutions and contribute innovative ideas / suggestions to support in implementation of a continuous control monitoring and offsite audit process for proactive and ongoing assessment of controls across various risks in the gold loans lifecycle including Credit, Regulatory, Financial, Fraud and Operational risks, arising from gold loans portfolio and lifecycle processes across branches, product and channels in ABCL NBFC to ensure, timely and proactive identification and resolution of significant risk and control issues; Identify and develop automated tests for monitoring effectiveness of controls on an ongoing basis

Communication and Stakeholder Engagement

• Effective communication and engagement with various stakeholders

People Management

• Continuous development of self and contribution in development of peers / colleagues the gold loans audit team through regular learning and sharing of knowledge / best practices