- Industry: #*Industry*#
- Role: #*Role*#
- Years of experience: #*Years of experience*#
Job Brief:- AU Small Finance Bank Limited is seeking a meticulous and experienced skilled to join our Operations and Services team, specializing in the evaluation and appraisal of gold assets for loan processing. This role demands a deep understanding of gold valuation techniques, market trends, and regulatory compliance to ensure accurate assessment and risk mitigation. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise appraisals that align with the bank’s lending policies and contribute to customer satisfaction and operational efficiency.
Responsibilities:-
- Conduct thorough physical inspection and verification of gold items submitted for loan processing, ensuring authenticity and quality standards.
- Accurately assess the purity, weight, and market value of gold assets using industry-standard tools and techniques.
- Maintain up-to-date knowledge of gold market trends, price fluctuations, and regulatory guidelines affecting gold loan valuations.
- Prepare detailed appraisal reports and documentation to support loan sanctioning decisions in compliance with bank policies.
- Collaborate with the credit and risk teams to identify and mitigate potential risks associated with gold loan collateral.
- Ensure adherence to all regulatory and internal audit requirements related to gold appraisal and loan processing.
- Train and mentor junior staff on gold appraisal procedures and quality standards to maintain consistency and accuracy.
- Manage and maintain appraisal equipment and tools, ensuring calibration and functionality for precise measurements.
- Engage with customers professionally to explain appraisal outcomes and address any queries related to gold loan valuations.
- Contribute to process improvement initiatives aimed at enhancing the efficiency and accuracy of gold loan operations.
Skill:-
- Gold Purity Testing
- Precious Metals Valuation
- Use of Assaying Equipment
- Market Price Analysis
- Regulatory Compliance in Financial Services
- Risk Assessment and Mitigation
- Report Writing and Documentation
- Customer Relationship Management
- Internal Audit Coordination
- Training and Development
- Attention to Detail
- Time Management
Preferred Qualifications:-
- Bachelor’s degree in Commerce, Finance, or a related field; certification in gemology or precious metals appraisal is highly desirable.
- Minimum of 3-5 years of experience in gold appraisal or valuation within the financial services or banking sector, preferably with exposure to gold loan products.