EY Global Delivery Services ( EY GDS) Senior Compliance Executive Interview Questions and Answers

AML stages refer to the steps involved in anti-money laundering process to detect and prevent financial crimes.

• Customer Due Diligence (CDD) - Collecting and verifying customer information

• Transaction Monitoring - Monitoring transactions for suspicious activities

• Suspicious Activity Reporting - Reporting any suspicious activities to authorities

• Investigation and Reporting - Investigating flagged activities and reporting fi

EDD client parameters include risk level, transaction volume, geographic location, and business type.

• Risk level: Assess the client's risk level based on factors such as industry, location, and past compliance history.

• Transaction volume: Determine the frequency and size of transactions to identify any unusual activity.

• Geographic location: Consider the client's location to assess potential regulatory risks and compliance...read more