Gold Appraiser - Gold Loan
AU SMALL FINANCE BANK
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*#
#*Education and Experience*#
- Category: #*Category*#
- Field specialization: #*Field specialization*#
- Degree: #*Degree*#
- Academic score: #*Academic score*#
- Institution tier: #*Institution tier*#
Required Training/s: #*Required Training/s*#
Required Work Experience
- Industry: #*Industry*#
- Role: #*Role*#
- Years of experience: #*Years of experience*#
Responsibilities:-
- Conduct accurate and thorough appraisal of gold jewelry and bullion to determine purity, weight, and market value in accordance with industry standards and bank policies.
- Verify authenticity of gold items using specialized tools and techniques to prevent fraud and ensure compliance with regulatory requirements.
- Collaborate with loan officers and operations teams to provide timely and precise valuation reports that support gold loan disbursement decisions.
- Maintain detailed records of appraisals, including photographs, assay reports, and valuation certificates, ensuring data integrity and confidentiality.
- Stay updated on current gold market trends, pricing fluctuations, and regulatory changes impacting gold loan operations.
- Ensure adherence to internal controls and audit requirements related to gold appraisal and loan processing activities.
- Train and mentor junior appraisal staff to enhance team capabilities and maintain high standards of appraisal accuracy.
- Coordinate with security and logistics teams to manage the safe handling, storage, and transportation of gold assets during the loan lifecycle.
- Participate in periodic audits and inspections to validate appraisal processes and compliance with bank policies and legal frameworks.
- Provide expert advice to management on risk mitigation strategies related to gold loan collateral valuation.
- Gold Purity Testing
- Assay Techniques
- Market Price Analysis
- Fraud Detection in Precious Metals
- Regulatory Compliance for Gold Loans
- Risk Assessment and Mitigation
- Report Writing and Documentation
- Use of Gold Testing Instruments
- Inventory and Asset Management
- Team Training and Development
- Audit and Quality Control
- Customer Service in Financial Operations
- Bachelor’s degree in Finance, Commerce, Gemology, or a related field; certification in precious metal appraisal or gemology 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.
Required Competencies: #*Required Competencies*#
Required Knowledge: #*Required Knowledge*#
Required Skills: #*Required Skills*#
Required Abilities
- Physical: #*Physical*#
- Other: #*Other*#
Specific Requirements
- Travel: #*Travel*#
- Vehicle: #*Vehicle*#
- Work Permit: #*Work Permit*#
- Pay Rate: #*Pay Rate*#
- Contract Types: #*Contract Types*#
- Time Constraints: #*Time Constraints*#
- Compliance Related: #*Compliance Related*#
- Union Affiliation: #*Union Affiliation*#