Naini Tech Solutions Interview Questions and Answers

The latest updation in RBI master direction KYC AML and maintenance of documents after closure of accounts or relationship.

• The latest updation in RBI master direction KYC AML was in January 2020.

• It introduced the concept of 'centralized KYC registry' for easier and efficient KYC verification.

• Maintenance of documents after closure of accounts or relationship is mandatory for at least 5 years.

• The documents should be preserved in a secure manner and made available to competent a...read more

The question pertains to measures for verifying corporate account details and risk rating categories.

• Apart from scrutinizing documents, additional measures can include conducting site visits or contacting references.

• KYC updation review exercise can involve checking for any changes in the client's business or ownership structure.

• Risk rating categories can be based on factors such as the client's industry, financial stability, and past behavior.

• Accounts falling under high-risk ...read more

We welcome and consider all qualified candidates regardless of any disabilities.

• We value diversity and inclusivity in our workplace.

• We provide reasonable accommodations to ensure equal opportunities for all employees.

• Your disability will not affect your ability to perform the job duties.

• We focus on your skills, experience, and qualifications.

• We encourage you to apply and let us know if you require any accommodations during the hiring process.

Checkpoints in KYC process ensure compliance with regulations and verify customer identity.

• Collecting customer information (name, address, date of birth, etc.)

• Verifying documents (ID, proof of address, etc.)

• Screening for sanctions lists and politically exposed persons

• Risk assessment based on customer profile and transaction behavior

• Regularly updating customer information and conducting periodic reviews

Yes, there is an issue with sales.

• Sales have been declining for the past few months.

• There is increased competition in the market.

• The sales team is not meeting their targets.

• There is a lack of effective marketing strategies.

• Customer complaints and negative reviews are affecting sales.