Group Company: AU Small Finance Bank Limited

Designation: 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 a meticulous and experienced professional to join our Operations and Services team, specializing in the evaluation and appraisal of gold assets for loan processing. The role demands a thorough 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 exact appraisals that align with the bank’s lending policies and contribute to customer satisfaction and operational efficiency.

Responsibilities

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- Conduct detailed physical inspection and verification of gold ornaments and items submitted as collateral for loan processing.

- Accurately assess the purity, weight, and market value of gold items using standardized testing methods and equipment.

- Ensure compliance with regulatory guidelines and internal policies related to gold loan appraisal and documentation.

- Collaborate with the loan processing team to provide timely and accurate appraisal reports to facilitate loan disbursement.





- Maintain up-to-date knowledge of gold market trends, price fluctuations, and industry standards to inform valuation decisions.

- Identify and report any discrepancies, counterfeit items, or potential fraud during the appraisal process.

- Maintain detailed records of appraisals, including photographs, test results, and valuation reports for audit and reference purposes.

- Provide training and guidance to junior staff on gold appraisal techniques and compliance requirements.

- Coordinate with external vendors and assay labs when advanced testing or certification is required.

- Support the development and enhancement of appraisal procedures to improve accuracy and operational efficiency.

Skill

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- Gold Purity Testing

- Karats Measurement

- Use of Electronic Gold Testing Equipment

- Market Price Analysis

- Regulatory Compliance in Financial Services

- Risk Assessment and Fraud Detection

- Documentation and Record Keeping

- Customer Service in Loan Operations

- Report Writing and Communication

- Team Collaboration and Training

Preferred Qualifications

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- 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 within the financial services or banking sector, preferably in 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#

📌 Gold Appraiser - Gold Loan (Machilipatnam)
🏢 AU Small Finance Bank
📍 Machilipatnam