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Compliance Officer Interview Questions & Answers

HGS user image Soumya Ranjan Sahoo

posted on 27 Jan 2025

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Dec 2024.

Round 1 - One-on-one 

(4 Questions)

  • Q1. Tell me about yourself.
  • Q2. How is your past experience relevant to the current position?
  • Q3. Have you ever worked with any clients related to compliance?
  • Q4. Do you possess knowledge of the entire Provident Fund (PF) process, and can you explain it?
Interview experience
1
Bad
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Not Selected

I was interviewed in Dec 2024.

Round 1 - HR 

(2 Questions)

  • Q1. What is your notice period, and what is your current salary?
  • Q2. What is your notice period?
Round 2 - Technical 

(6 Questions)

  • Q1. What is an amortization entry?
  • Q2. What is the process for recording a depreciation entry in accounting?
  • Q3. What are the types of reconstruction currently being undertaken?
  • Q4. What is your reason for seeking a job change?
  • Q5. What automation ideas have you implemented or suggested in your current processes?
  • Q6. What is the accounting entry for prepaid expenses?
Round 3 - Technical 

(8 Questions)

  • Q1. What is the amortization entry?
  • Q2. What is your understanding of Lean?
  • Q3. What is your understanding of Six Sigma
  • Q4. What are the techniques used in Six Sigma?
  • Q5. What is a service level?
  • Q6. What are Service Level Agreements (SLAs)?
  • Q7. What automation ideas have you proposed for the current processes?
  • Q8. What is the case study regarding the entry for accrued expenses?

Interview Preparation Tips

Interview preparation tips for other job seekers - The final round with the Operations Head was quite challenging; his primary focus was on automation. He did not inquire about accounting, but rather asked questions related to Six Sigma, Lean methodologies, service levels, and service level agreements.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected
Round 1 - One-on-one 

(4 Questions)

  • Q1. What special attributes do you possess that make you a perfect fit for this role, considering that many individuals can perform car service?
  • Q2. What skills do you possess that are relevant to the execution of this role?
  • Q3. What attracted you to choose this company as your new employer?
  • Q4. What's your salary expectations
Round 2 - One-on-one 

(2 Questions)

  • Q1. Do you have experience
  • Q2. Are you dedicated to this role
Round 3 - Group Discussion 

Integrity and honesty

Interview Preparation Tips

Interview preparation tips for other job seekers - You must be confident and well-prepared with relevant job knowledge.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
No response

I applied via Naukri.com and was interviewed in Dec 2024. There were 3 interview rounds.

Round 1 - Technical 

(4 Questions)

  • Q1. Give a brief about the work which I did on day to day basis in the previous organisation as a Business Analyst.
  • Q2. Have you worked in Waterfall model / Scrum model?
  • Q3. What was the team size which I handled as a Business Analyst?
  • Q4. And the background about the project and my roles and responsibilities working with the offshore / onshore teams
Round 2 - Technical 

(2 Questions)

  • Q1. Was there any interaction with the onshore folks ? If yes then what was my role?
  • Q2. Who was the PO in your team ? How Business Analyst and the PO coordinate?
Round 3 - Technical 

(1 Question)

  • Q1. How was the requirements being gathered? Who used to gather the requirements ? Is the PO or the Business Analyst in your team?

Interview Preparation Tips

Interview preparation tips for other job seekers - I had 3 rounds of technical interview for Lead Business Analyst job profile, one with the VP, Manager and the AVP. All the technical rounds were cleared successfully. The interviewers were so kind, they had shared the feedback and the result on the spot at the end of the interview call. I had to follow up during each interview call to the HR reconfirming about the status of the interview in each stage. After the 3rd final technical round the HR ghosted as they didn't had the budget. In the initial call itself it was discussed clearly about the expectations which I had in terms of compensation.
A humble request to all the fellow job seekers, please get it confirmed at each stage with the HR before agreeing for next round of interview if they really are going to accept the expectations of compensation. As it will save your time a lot and focus on the interview calls which you really deserve rather than getting ghosted at the end.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected
Round 1 - HR 

(2 Questions)

  • Q1. Can you provide a brief overview of your previous experience?
  • Q2. Team size
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is the detailed job description and can you provide scenario-based questions related to it?
  • Q2. Questions about roles and responsibility
Round 3 - Aptitude Test 

English writing communication and listing

Interview experience
1
Bad
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I was interviewed in Jul 2024.

Round 1 - HR 

(2 Questions)

  • Q1. Basic introduction and assignment
  • Q2. Aptitude and topics to speak in english.
Round 2 - Group Discussion 

Two members took an English and grammar knowledge assessment.

Round 3 - Technical 

(2 Questions)

  • Q1. Talk about all computers stuffs
  • Q2. Hardware and software
Round 4 - One-on-one 

(1 Question)

  • Q1. Asked technical questions in operation round about wifi routers, computer softwares, printers and Americans behaviour and all are irrelevant topics.

Interview Preparation Tips

Interview preparation tips for other job seekers - Do not waste time; join and apply your skills at other multinational corporations.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Dec 2024. There were 2 interview rounds.

Round 1 - Group Discussion 

Process planning refers to the methodical approach of determining the best possible way to manufacture a product or deliver a service by considering various aspects such as resources, timelines, and methodologies involved in production or execution.

Round 2 - One-on-one 

(5 Questions)

  • Q1. Explain about previous process
  • Ans. 

    Implemented a new chemical process to increase efficiency and reduce waste.

    • Researched and analyzed current process to identify areas for improvement

    • Designed and tested new process using simulation software

    • Collaborated with production team to implement changes and monitor results

    • Achieved 20% increase in production output and 15% reduction in waste

    • Continuously monitored and optimized process for further improvements

  • Answered by AI
  • Q2. Explain about my work experience
  • Q3. Explain about my work standard
  • Q4. Explain about my managing method
  • Ans. 

    I utilize a combination of project management tools and communication strategies to effectively manage my team and projects.

    • I prioritize tasks based on deadlines and importance

    • I regularly communicate with team members to ensure everyone is on the same page

    • I use project management software such as Trello or Asana to track progress and assign tasks

    • I adapt my management style to fit the needs and preferences of individual

  • Answered by AI
  • Q5. Explain about my working style
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via LinkedIn and was interviewed in Dec 2024. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. How handling team and process discrepancy the Breaks and handling call to oversight team for error call.
  • Q2. I will learn new things and growth
  • Q3. How setup new funds
  • Q4. We have behaviour in management
  • Q5. Always positive thoughts and hard work

Interview Preparation Tips

Topics to prepare for Statestreet HCL Services Reconciliation Specialist interview:
  • Bank Reconciliation
Interview preparation tips for other job seekers - Some of the people they don't talk properly but they will do great hard worker and smart work. You have to give to chance to them develop and trainings.
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Nov 2024. There were 4 interview rounds.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Myself in english with my background
  • Q2. Write essay on one topic
  • Ans. 

    The impact of climate change on biodiversity

    • Climate change is causing shifts in habitats and ecosystems

    • Loss of biodiversity can lead to negative consequences for ecosystems and human societies

    • Conservation efforts are crucial to protect vulnerable species

    • Examples: coral bleaching due to rising sea temperatures, deforestation leading to loss of habitat for wildlife

  • Answered by AI
  • Q3. I dont get offer letter
Round 2 - One-on-one 

(2 Questions)

  • Q1. Myself in english with family background
  • Q2. Write essay on one topic
  • Ans. 

    The impact of social media on mental health

    • Social media can contribute to feelings of inadequacy and low self-esteem

    • Excessive use of social media can lead to anxiety and depression

    • Cyberbullying on social media platforms can have serious mental health consequences

    • However, social media can also provide a sense of community and support for those struggling with mental health issues

  • Answered by AI
Round 3 - One-on-one 

(2 Questions)

  • Q1. Myself in english with family back ground
  • Q2. Talk on one topic for two minutes
  • Ans. 

    The impact of climate change on marine life

    • Climate change is causing ocean temperatures to rise, leading to coral bleaching and habitat destruction

    • Acidification of the oceans due to increased carbon dioxide levels is harming marine organisms like shellfish and corals

    • Overfishing and pollution are exacerbating the effects of climate change on marine ecosystems

    • Examples: Coral reefs in the Great Barrier Reef are experienci...

  • Answered by AI
Round 4 - Aptitude Test 

Myself in english with family background

Interview Preparation Tips

Interview preparation tips for other job seekers - nice interview with respect
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed in Sep 2024. There were 4 interview rounds.

Round 1 - HR 

(3 Questions)

  • Q1. Tell me about yourself then role and responsibilities
  • Q2. What makes you switch from an existing company to our company?
  • Ans. 

    I am looking for a new challenge and growth opportunities in a company known for its strong reputation and positive work culture.

    • Seeking new challenges and growth opportunities

    • Attracted to company's strong reputation

    • Interested in positive work culture

    • Possibility of career advancement

    • Better salary or benefits package

  • Answered by AI
  • Q3. Tell me about your previous company experience?
Round 2 - One-on-one 

(4 Questions)

  • Q1. Can spell your full name, place, contact number and address?
  • Ans. 

    Yes, I can spell my full name, place, contact number, and address.

    • Full Name: John Doe

    • Place: New York City

    • Contact Number: 555-555-5555

    • Address: 123 Main Street, Apt 1A, New York, NY 10001

  • Answered by AI
  • Q2. Tell which one you like either college life or working life?
  • Ans. 

    I prefer working life over college life due to the sense of accomplishment and independence it provides.

    • Working life offers financial stability and independence

    • College life can be stressful with exams and assignments

    • In working life, you can see the direct impact of your efforts on your career growth

    • Working life allows for more freedom to make decisions and take ownership of projects

  • Answered by AI
  • Q3. Tell about feminizam?
  • Ans. 

    Feminism is a social and political movement advocating for equal rights and opportunities for women.

    • Feminism aims to challenge and dismantle gender-based discrimination and inequality.

    • It seeks to empower women and promote gender equality in various aspects of society, including politics, economics, and culture.

    • Feminism encompasses a wide range of perspectives and approaches, including liberal feminism, radical feminism...

  • Answered by AI
  • Q4. It's an general topic, you guys need to prepare and communicate well. Then eagerly seeking accent and tone
Round 3 - Aptitude Test 

Calculation regarding percentage

Round 4 - Assignment 

One to one, handling US client and need to repeat the sentence and rearrange the sentence. Listening skill is important

Interview Preparation Tips

Interview preparation tips for other job seekers - I recently had an interview for the AR Caller position. Although the process initially took a while to start, they eventually began and carried out a thorough filtering process. They were focused on finding candidates who could effectively handle US clients. Dharun was really helpful, even though I couldn’t make it on time; I requested to reschedule for the afternoon, and he kindly made it possible. The HR team's attitude was impressive, from the way they communicated to the guidance they provided. They handled everything smoothly and clearly explained the roles and responsibilities as I progressed to the second round.

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