ING Interview Questions and Answers

PEP stands for Politically Exposed Person and we review them to assess potential risks associated with their involvement in financial transactions.

• PEP refers to individuals who are or have been entrusted with prominent public functions, such as heads of state, senior politicians, or high-ranking government officials.

• Reviewing PEPs helps financial institutions comply with anti-money laundering regulations and prevent fi...read more

KYC (Know Your Customer) is a process used by financial institutions to verify the identity of their clients and assess potential risks of illegal intentions.

• KYC is a regulatory requirement to prevent money laundering, terrorist financing, and other financial crimes.

• It involves collecting personal information, verifying identity documents, and assessing the risk level of clients.

• Examples of KYC information include name...read more

An efficient employee is someone who consistently produces high-quality work in a timely manner, communicates effectively, and is able to prioritize tasks effectively.

• Consistently produces high-quality work

• Completes tasks in a timely manner

• Communicates effectively with team members and stakeholders

• Prioritizes tasks effectively to meet deadlines

• Adapts to changes and challenges in the work environment

• Shows initiative and...read more