AML RightSource Interview Questions, Process, and Tips

Q1. What is anti-money laundering?
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Q2. What is your understanding of structuring?
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Q3. What are the three stages of money laundering?
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Q4. What is your understanding of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)?
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Q5. What is your understanding pep
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Q6. What are high risk countries
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Q7. What are the potentials red flags
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Q1. Tell me about yourself!
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I am a recent graduate with a degree in finance and a passion for data analysis. I have experience with financial modeling and market research.
• Recent graduate with a degree in finance

• Passionate about data analysis

• Experience with financial modeling and market research
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Q2. What do you know about red flags in AML?
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Red flags in AML refer to suspicious activities or behaviors that may indicate money laundering or terrorist financing.
• Unusual transactions or patterns, such as frequent large cash deposits or withdrawals

• Lack of a logical business explanation for transactions

• Use of shell companies or nominee accounts to obscure the true source of funds

• Customer reluctance to provide identification or other required information

• Transactio...read more
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Q3. Transactions limit in India per day
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The transactions limit in India per day varies depending on the type of transaction and the bank's policies.
• Different banks have different daily transaction limits for various types of transactions such as ATM withdrawals, online transfers, and POS transactions.

• For example, State Bank of India has a daily ATM withdrawal limit of Rs. 40,000 for classic debit card holders.

• Some banks may allow customers to increase their ...read more
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Q1. Are you comfortable working at night shift ?
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Yes, I am comfortable working at night shift as I am a night owl and can maintain focus and productivity during those hours.
• I am naturally more alert and productive during night hours.

• I have experience working night shifts in previous roles.

• I am able to adjust my sleep schedule to accommodate night shifts.

• I understand the importance of maintaining focus and productivity during night hours.

• I am comfortable with the idea
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Q2. Salary expectations
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There is financial crime related assignment.

Case study room related to Transaction monitoring

Q1. What is AmL ?
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Q2. What is Pep ?
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Pep is a term commonly used to refer to energy, enthusiasm, or liveliness.
• Pep can refer to a person's high energy or enthusiasm levels.

• It can also refer to a type of seasoning or condiment, such as lemon pepper or chili pepper.

• In sports, pep can refer to a team's spirit or motivation to perform well.

• Pep can also be used in marketing to describe a promotional campaign or event aimed at generating excitement.
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MCQ related AML like what is stages of AML what is EDD CDD

A case was given and have been asked to find out the red flag and potential threat if there any.

Q1. About work experience
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Q2. About AML, SAR, Transaction Monitoring
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Q3. About any achievements
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Q4. About work on any project
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