• POSITION DESCRIPTION JOB TITLE : Specialist-Gold Inspection GRADE : SM DEPARTMENT : Vigilance

LOCATION:
HO/RO SUB-DEPARTMENT : Preventive Vigilance TYPE OF POSITION : Full-time REPORTS TO : Manager-Gold Inspection REPORTING INTO N A
• ROLE PURPOSE & OBJECTIVE
• The incumbent will be responsible for conducting Gold Inspection at the branches within scheduled timeline and TAT
• Responsible for Quality Inspection of the Gold Ornaments as per the process defined
• Discuss the Gold Inspection observations with concerned members and submit the report timely for necessary action.
• Publish regular updates and reports on Gold Inspection.
• SIZE OF THE ROLE FINANCIAL SIZE NON-FINANCIAL SIZE
• Conduct Gold Inspection of Gold loan of the Bank with asset book size of 100 Cr.
• Reduce the Risk of frauds / low purity gold for the company
• KEY DUTIES & RESPONSIBILITIES OF THE ROLE Business
• Conducting and completion of Gold Audit for a branch within the timelines and TAT as per the policy
• Undertake Gold Inspection as per the calendar within the target time
• Responsible for carrying out Gold audit in various areas / activities of Bank branches
• Verify the quality, quantity and inventory of pledged gold without damaging the gold ornaments
• Conduct valuation and verification of gold ornaments with respect to weight, purity & Detect spurious, low purity gold and frauds to mitigate the risk
• Executing gold audit by following the process as prescribed
• Prepare Gold inspection report for review and release reports within timelines
• Emphasis on quality of Gold valuation and report writing
• Discussion of Gold Audit findings with Branch Managers
• Submission of Gold inspection report to reviewer for review
• Follow up for necessary action based on the observation
• To verify the earlier inspection report and its compliance/closure
• To verify whether there are any lapses in security and safety of the branch and assets Internal Process
• Quality of Inspecting gold and report writing covering of all loopholes
• Check purity of Gold ornaments and basic operational check like CCTV functioning,



custodian availability during appraisal and data entry as per LOS and estimation slip.
• Check authenticity of transactions and adherence to systems and procedures by scrutinizing the transactions put through the relevant inspection period including handling ornaments
• Verify the records and registers to ascertain whether there is any lapses/discrepancy in maintaining such records
• Report to be submitted in the format prescribed, complete in all aspects with clear findings
• Timely accurate concise and effective documentation of gold loan inspection reports
• Response to queries /MIS and monthly reports within TAT
• To report any discrepancies without favour, not leaving out even seemingly minor irregularities as they may lead to serious irregularity in future
• Identify the probable threats and recommend solutions
• Verify/inspect safe room operations, security measures, day to day working of branch
• Ensure proper documentation is maintained for each loan and record is maintained after the verification Customer
• Coordinate with Business team, Branch team, Credit Team and Operations team for matters relating to Gold Loan
• Ensure timely response to any clarifications regarding Gold inspection
• Actively participate in Product, Credit or IT discussions
• Co-ordinate with Gold Loan Appraiser for any clarification if any
• Provide feedback on the training provided by Gold loan Trainers
• Send all reports /MIS on time to the concerned department Learning and Development
• Awareness on Regulatory guidelines with respect to Gold Loan
• Continuous market awareness e.g. if a group of persons or a suspected gang is operating in an area, the concerned risk factors to be studied in detail and alerted in order to avert possible losses




• Keep abreast of the changes in the industry and recommend suitable changes to management on Gold Inspection process or Gold Loan Risks
• Updating self on various regulatory compliances and circulars issued by RBI
• Updating self on various internal procedures, processes and new products introduced
• Improve the existing process to overcome the probable risk
• Adhering to high ethical standards and comply with all the laid down processes / policies Other Initiatives
• Undertake some special assignments regarding gold loan product.
• Automate any Gold Inspection processes and reports.
• MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS Educational Qualifications
• Graduation in any subject Experience
• 5+ years of experience in Gold Loan Product
• Minimum 2 years of experience Gold Loan Inspection Certifications
• Gold Inspection Certificate if any Functional Skills
• Verification of gold ornaments for identification of Purity of the Gold
• High attention, inspection skills and excellent analytical skills
• Robust hold on processes to identify the risks
• Ability in managing local language in both reading and writing
• Experience in Microsoft office for reporting writing
• Cost effectiveness and fiscal Awareness
• Excellent oral/written communication, Coordination, interpersonal and organizational skills. Behavioral Skills
• Willing to travel across the states and branches
• Problem solving abilities and coordination with cross functional teams
• Being empathetic towards customers and business needs
• Ability to multitask in a fast-faced environment
• KEY INTERACTIONS INTERNAL EXTERNAL
• Business team
• Operations Team
• Product team
• Credit teams
• Audit
• Legal
• Compliance
• Collection
• Operations
• Gold Loan Appraisers
• Project vendors/ outsourcing partners
• Internal, Statutory and regulatory auditors
• Investors PREPARED BY: Aarti Naik DATE: 14-08-2025 REVIEWED BY: John Christy DATE: 22-08-2025 LAST UPDATED BY: TM Team DATE: 24-11-2025

📌 Specialist-Gold Inspection (Kolkata)
🏢 Ujjivan Small Finance Bank
📍 Kolkata