Ascendum Solutions Mortgage Underwriter Interview Questions and Answers

Q1. Basic interview questions
Add your answer
Q2. Basic interview questionss
Add your answer
Q3. Basic interview questionsss
Add your answer

Q1. Last experience question
Add your answer
Q2. Last interview questionss
Add your answer
Q3. Last company question
Add your answer

Write a paragaraph on it on amcat

Q1. Tell me about your self
Add your answer

Q1. About yourself, previous company exp, interests and why are you applying for this role, what you did in the last 6 months, basic questions.
Add your answer

English and Grammer test

Q1. About Aml, sanctions, transaction screening, red flag, Kyc, Edd, Cdd, etc.
Add your answer

Communication round. Basic grammar

Q1. Salary expectations, previous experience.
Add your answer

Q1. Ops round to check communication,stability and domain knowledge.
Add your answer

Q1. WHAT IS AML in banking
Ans. 
AML stands for Anti-Money Laundering in banking. It refers to the laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.
• AML is a set of regulations and procedures implemented by financial institutions to detect and prevent money laundering activities.

• It involves monitoring customer transactions and reporting suspicious activities to regulatory auth...read more
Answered by AI
Add your answer
Q2. What is corporate kyc
Ans. 
Corporate KYC (Know Your Customer) is the process of verifying the identity of a company or business entity to assess the risk associated with doing business with them.
• Corporate KYC involves collecting information about the company's ownership structure, business activities, financial statements, and beneficial owners.

• It helps financial institutions and businesses comply with anti-money laundering (AML) regulations and...read more
Answered by AI
Add your answer

Explain about the college functions

Q1. Expectations of salary
Add your answer

Q1. Tell me about yourself? What are your skills? Why we hire you? What are your hobbies? Tell me your yesterday routine? Are you ok to do night shift? Your salary expectation?
Ans. My name is abc. I have done my schooling in xyz and my college bpc. Currently i am looking for a good opportunity so that i can enhance my skills
Answered Anonymously
Add your answer
Q2. Tell me about your hobbiee
Add your answer

Q1. Self intro about ur slef
Add your answer

Q1. About the aml process
Add your answer
Q2. About Aml and explain
Add your answer
Q3. What was ur previous process
Ans. 
I previously worked as an AML Analyst at a financial institution, where I conducted transaction monitoring and performed due diligence on high-risk customers.
• Conducted transaction monitoring to detect suspicious activities

• Performed due diligence on high-risk customers to ensure compliance with regulations

• Analyzed large volumes of data to identify potential money laundering activities
Answered by AI
Add your answer

Q1. What is meant by KYC process
Ans. 
KYC process refers to the verification of a customer's identity and assessing their risk factors to prevent financial crimes.
• KYC stands for Know Your Customer

• It involves verifying the identity of customers using documents like ID cards, passports, etc.

• KYC process helps in preventing money laundering, terrorist financing, and other financial crimes

• Financial institutions are required by law to conduct KYC checks on their
Answered by AI
Add your answer
Q2. KYC is worked for verifies the document like government I'd.
Add your answer