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 qualified to join our Operations and Services team, specializing in the evaluation and verification of gold assets for loan processing. This role demands a deep understanding of gold appraisal techniques, market trends, and regulatory compliance to ensure accurate valuation and risk mitigation. The ideal candidate will play a critical role in supporting the bank's gold loan portfolio by providing precise assessments that uphold the institution's standards for security and customer trust.

Responsibilities

- Conduct thorough physical inspection and verification of gold items submitted as collateral for loan processing, ensuring authenticity and purity.
- Evaluate the market value of gold based on current rates, weight, and quality to determine loan eligibility and amount.
- Maintain detailed records of appraisals, including photographs, descriptions, and valuation reports, adhering to company policies and regulatory requirements.




- Collaborate with loan officers and operations teams to facilitate smooth processing of gold-backed loans, providing expert advice on valuation matters.
- Stay updated with fluctuations in gold market prices and industry trends to provide accurate and timely appraisals.
- Ensure compliance with all legal and regulatory guidelines related to gold appraisal and loan disbursement.
- Identify and report any discrepancies or suspicious activities related to gold collateral to the appropriate authorities within the bank.
- Participate in periodic audits and quality checks to maintain appraisal accuracy and operational integrity.
- Train and mentor junior staff on gold appraisal techniques and operational procedures to enhance team capability.

Skill

- Gold Purity Testing
- Market Price Analysis
- Collateral Valuation
- Regulatory Compliance
- Risk Assessment
- Documentation and Record Keeping
- Customer Service in Financial Services
- Audit and Quality Control
- Use of Gold Testing Instruments
- Report Writing and Communication

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 jewelry industry, preferably in a banking environment.

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 (Chigurumamidi)
🏢 AU Small Finance Bank
📍 Chigurumamidi