22 Aug
|
SBFC Finance
|
India
22 Aug
SBFC Finance
India
Roles and Responsibilities:
Gold Assessment & Appraisal: Testing the purity and weight of gold items (ornaments, coins) to calculate accurate valuation.
Compliance & Risk Mitigation: Ensuring all gold loans adhere to regulatory norms (e.g., RBI guidelines) and internal SOPs to mitigate credit risks.
Branch Audits & Inspection: Conducting periodic or surprise visits to branches to verify physical gold stock against electronic records.
Documentation & Reporting: Creating detailed reports on valuation findings, audit trails, and reporting potential frauds or discrepancies.
Security Validation: Ensuring security measures like solid rooms, CCTV, and weighing balances are operational.
📌 Internal Auditor Warangal (India)
🏢 SBFC Finance
📍 India