BNP Paribas Interview Questions, Process, and Tips

KYC is the process of verifying the identity of a customer while AML is the process of preventing money laundering.

• KYC is focused on identifying and verifying the identity of a customer

• AML is focused on preventing money laundering and terrorist financing

• KYC is a prerequisite for AML

• KYC involves collecting and verifying customer information such as name, address, and identification documents

• AML involves monitoring custo...read more

KYC is used to verify the identity of customers while AML is used to detect and prevent money laundering.

• KYC is used to ensure that financial institutions are not used for illegal activities.

• AML is not used in some areas because those areas may not have a high risk of money laundering.

• KYC is mandatory in many countries for financial institutions to comply with regulations.

• AML is used in areas where there is a high risk...read more

AML is used in financial institutions to prevent money laundering, while it is not commonly used in other industries.

• AML is used in financial institutions to detect and prevent money laundering and terrorist financing.

• It involves the identification and verification of customers, monitoring of transactions, and reporting of suspicious activities.

• AML is not commonly used in other industries, although some may have simila...read more

Yes, I am able to travel long distances for work.

• I have experience traveling for work in the past

• I am willing to travel for this opportunity

• I have no restrictions that would prevent me from traveling

Derivatives are financial instruments whose value is derived from an underlying asset. Capital market refers to the market for long-term securities. Money market deals with short-term borrowing and lending.

• Derivatives are contracts between two parties that derive their value from an underlying asset, such as stocks, bonds, commodities, or currencies.

• Capital market is where long-term securities like stocks and bonds are...read more

I have worked on various types of transformations including Aggregator, Expression, Filter, Joiner, Lookup, Router, and Sorter.

• Aggregator transformation for performing calculations on groups of data

• Expression transformation for performing calculations and manipulating data

• Filter transformation for filtering out unwanted data

• Joiner transformation for joining data from multiple sources

• Lookup transformation for retrieving...read more

Sorter can be active or inactive depending on the configuration.

• Sorter transformation can be configured to be active or passive.

• If active, it sorts the data based on specified criteria.

• If passive, it passes the data through without sorting.

• Sorter can be used to remove duplicates from data.

• Sorter can also be used to sort data in ascending or descending order.

Update strategy is a transformation used to flag rows for insert, update, delete or reject.

• Update strategy is used to control the flow of data in a mapping.

• It is used to flag rows for insert, update, delete or reject.

• It can be used to update a target table based on a source table.

• It can be used to insert new rows into a target table.

• It can be used to delete rows from a target table.

• It can be used to reject rows that do

Caches are temporary storage areas that hold frequently accessed data for quick access.

• There are several types of caches including CPU cache, disk cache, browser cache, and DNS cache.

• CPU cache stores frequently accessed data from RAM for faster access.

• Disk cache stores frequently accessed data from hard disk for faster access.

• Browser cache stores frequently accessed web pages, images, and other resources for faster loa...read more

If we don't specify anything in group by aggregator, it will return the result without any grouping.

• The result will contain all the rows from the input without any aggregation.

• The output will have the same number of rows as the input.

• No grouping will be performed on any column.

• The output will be similar to a select statement without a group by clause.