SVP/VP - Risk - Gold Loan

Responsibilities:

- Good in depth knowledge of various kinds of risk, such as Business, Regulatory, Financial, Environmental, Geographical, etc.

- Supervise Branch visits by team to verify the quality, quantity and inventory of pledged gold and cash. Check authenticity of transactions and adherence to systems and procedures by scrutinizing the transactions put through the relevant inspection period including handling ornaments

- To verify the records and registers and ascertain lapses/discrepancy in maintenance of such records

- To verify that all statutory requirements are fulfilled at branch and all necessary certificates, licenses and notices are put in place

- To verify whether there is any lapses in security and safety of the branch and assets

- To verify that all the staff members are strictly following the code and conduct rules and their behavior and attitude are in line with company values and guidelines

- To verify the earlier inspection report and its compliance/closure

- Continuous market awareness, the concerned risk factors to be studied in detail and alerted in order to avert possible losses

- To report any discrepancies without favor, not leaving out even seemingly minor irregularities as they may lead to serious irregularity in future

- Provide feedback on the training provided by Gold loan Trainers

- To understand the processes in detail, including any modifications, on a day to day basis

- Send all reports/MIS on time to the concerned department

- Monitor collection at branches and ensure timely collection of due amount

- Conduct timely auction and monitor end to end process

Desired Profile:

- 18- 25 years of experience in gold valuation and audit at gold loan NBFCs Experience in Risk Management at a PAN India level will be preferred.

- These personnel would also have to be adept in various gold valuation techniques

- Conversant in cash counting and physical verification

- Monitoring staff behavior and awareness on products and policies.

- Team Management

- KYC Knowledge, Understanding of the documents required, Product /Competition Knowledge