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KPMG India AML KYC Analyst Interview Questions, Process, and Tips

Updated 23 Feb 2023

Top KPMG India AML KYC Analyst Interview Questions and Answers

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KPMG India AML KYC Analyst Interview Experiences

2 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Company Website and was interviewed in Jan 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

1 question about general topic like social media need to write essay on that topic.

Round 2 - Technical 

(4 Questions)

  • Q1. What is Kyc? What is AML?
  • Ans. 

    KYC stands for Know Your Customer, which is a process of verifying the identity of a customer. AML stands for Anti-Money Laundering, which is a set of laws, regulations, and procedures aimed at preventing criminals from disguising illegally obtained funds as legitimate income.

    • KYC is a process of collecting and verifying customer information, such as name, address, and identification documents.

    • KYC helps financial instit...

  • Answered by AI
  • Q2. What is OFAC and FATCA? CDD and EDD?
  • Ans. 

    OFAC and FATCA are regulations related to financial compliance. CDD and EDD are customer due diligence and enhanced due diligence processes.

    • OFAC (Office of Foreign Assets Control) is a US government agency that enforces economic and trade sanctions against countries, organizations, and individuals involved in terrorism, narcotics trafficking, and other illegal activities.

    • FATCA (Foreign Account Tax Compliance Act) is a ...

  • Answered by AI
  • Q3. Regulators and Regulations? Why banks do KYC?
  • Ans. 

    Banks do KYC to comply with regulations and prevent financial crimes.

    • KYC helps banks verify the identity of their customers and assess the risk of doing business with them.

    • Regulators require banks to implement KYC procedures to prevent money laundering, terrorist financing, and other financial crimes.

    • KYC also helps banks maintain a good reputation and avoid legal and financial penalties.

    • Examples of KYC regulations incl...

  • Answered by AI
  • Q4. Kyc effects in Financial Institutions? Identity and Verification?
  • Ans. 

    KYC is crucial for financial institutions to prevent money laundering and terrorist financing.

    • KYC (Know Your Customer) is a process of verifying the identity of customers and assessing their potential risks.

    • Financial institutions are required by law to perform KYC to prevent money laundering and terrorist financing.

    • KYC includes collecting personal information, verifying identity documents, and screening against sanctio...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - After answering all the questions they will check your communication skills based on that your result will be announced

I applied via Approached by Company

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Basic numerical and language test.

Round 3 - Technical 

(3 Questions)

  • Q1. What do you know about AML?
  • Q2. Why do companies use KYC?
  • Ans. 

    Companies use KYC to verify the identity of their customers and comply with regulations.

    • KYC helps companies prevent fraud and financial crimes.

    • KYC also helps companies build trust with their customers.

    • KYC is required by law in many countries to prevent money laundering and terrorist financing.

    • KYC can also help companies better understand their customers and tailor their products and services to their needs.

    • Examples of ...

  • Answered by AI
  • Q3. What is Customer Due Diligence (CDD)?
  • Ans. 

    CDD is the process of verifying the identity of a customer and assessing their risk level.

    • CDD is a key component of AML compliance.

    • It involves collecting and verifying customer information, such as name, address, and date of birth.

    • CDD also involves assessing the risk level of the customer based on factors such as their occupation, source of funds, and geographic location.

    • The level of CDD required may vary depending on ...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for KPMG India AML KYC Analyst interview:
  • Aml
  • KYC
  • CDD
Interview preparation tips for other job seekers - Do some research in the field of KYC and AML. It is pretty easy.

AML KYC Analyst Interview Questions Asked at Other Companies

asked in Genpact
Q1. What do you know about the role? What is Sanctions? What are diff ... read more
asked in KPMG India
Q2. Kyc effects in Financial Institutions? Identity and Verification?
Q3. What is redflag ? What is AML ? What is ML ?
asked in KPMG India
Q4. What is Customer Due Diligence (CDD)?
asked in KPMG India
Q5. Why do companies use KYC?

Interview questions from similar companies

I applied via Walk-in and was interviewed before Nov 2021. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. About yourself and other details
Round 2 - One-on-one 

(1 Question)

  • Q1. Manager round about process

Interview Preparation Tips

Interview preparation tips for other job seekers - Salary discuss and timing of job kpi of shareholders and target

I applied via Naukri.com and was interviewed in Oct 2021. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Assignment 
Round 3 - One-on-one 

(1 Question)

  • Q1. Casual question regarding aml and kyc
Round 4 - HR 

(6 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Why are you looking for a change?
  • Q5. What are your strengths and weaknesses?
  • Q6. Tell me about yourself.

Interview Preparation Tips

Topics to prepare for IBM AML KYC Analyst interview:
  • KYC
  • Aml
  • Peps
  • Sanctions
  • Periodic reviews
Interview preparation tips for other job seekers - Just be confident about what ever you speak
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Dec 2021. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

It is entrance exam, with aptitude questions, English, and so on.

Round 3 - Group Discussion 

All about yourself and your CV

Round 4 - Technical 

(2 Questions)

  • Q1. About TCS, about accounts and finance, all about CV
  • Q2. About your CV mostly
Round 5 - HR 

(3 Questions)

  • Q1. All about CV and TCS
  • Q2. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles to maintain accurate financial records.

    • Debit the receiver, credit the giver

    • Debit what comes in, credit what goes out

    • Debit expenses and losses, credit income and gains

    • Double-entry bookkeeping

    • Consistency in accounting practices

  • Answered by AI
  • Q3. About TCS, it's chairperson, about company

Interview Preparation Tips

Topics to prepare for TCS AML KYC Analyst interview:
  • About TCS
  • Accounting
  • Yourself
Interview preparation tips for other job seekers - Take a breath, it's easy peasy to crack of you are a fresher.

Consultant Interview Questions & Answers

BCG user image Neha Kalra

posted on 21 Dec 2015

I applied via Walk-in

Interview Questionnaire 

7 Questions

  • Q1. Girls on the manufacturing floor”
  • Q2. Manufacturing as a career
  • Ans. 

    Manufacturing offers diverse career opportunities in various industries.

    • Manufacturing provides a wide range of job roles, from production line workers to engineers and managers.

    • It offers opportunities to work in different industries such as automotive, electronics, pharmaceuticals, and more.

    • Manufacturing careers often involve problem-solving, innovation, and continuous improvement.

    • There are various specializations with...

  • Answered by AI
  • Q3. Why MBA?
  • Ans. 

    An MBA will provide me with the necessary skills, knowledge, and network to excel in the business world.

    • Acquire essential business knowledge and skills such as finance, marketing, and strategy

    • Develop leadership and management abilities through practical projects and case studies

    • Expand professional network through interactions with classmates, alumni, and industry professionals

    • Enhance career opportunities and earning po

  • Answered by AI
  • Q4. Why ISB?
  • Ans. 

    ISB offers a diverse and rigorous curriculum, top-notch faculty, strong alumni network, and excellent career opportunities.

    • ISB's diverse student body and faculty bring a global perspective to the learning experience.

    • The school's rigorous curriculum ensures students are well-prepared for the challenges of the business world.

    • ISB's strong alumni network provides valuable connections and support for career advancement.

    • The ...

  • Answered by AI
  • Q5. “there is a company in the telecom sector and has a product “X” – this X is a necessity in telecom and the company has been making good profits for the last 4 years – like 40% gross margin.. and now sudden...
  • Ans. 

    The CEO should diversify the company's product portfolio and explore new markets to overcome the stagnant revenue and profits in the telecom sector.

    • Diversify the product portfolio to reduce reliance on a single product

    • Explore new markets and industries where the product can be applicable

    • Invest in research and development to innovate and create new products

    • Improve marketing and sales strategies to reach a wider customer...

  • Answered by AI
  • Q6. “”Our client is in telecom, profitability is at 10% and they want 25%.. what should they do? ”
  • Ans. 

    To increase profitability from 10% to 25%, the telecom client should focus on cost reduction, revenue growth, and operational efficiency.

    • Identify and reduce unnecessary costs and expenses

    • Increase pricing or introduce new revenue streams

    • Improve customer retention and acquisition

    • Optimize operational processes and streamline workflows

    • Invest in technology and innovation to drive efficiency

    • Explore partnerships or mergers to...

  • Answered by AI
  • Q7. “Tata is coming with nano, what do you think it’s a threat or an opportunity for other players in the market..”
  • Ans. 

    The Tata Nano can be seen as both a threat and an opportunity for other players in the market.

    • Threat: The Tata Nano's low price and affordability may attract customers away from other players in the market.

    • Opportunity: The introduction of the Tata Nano may stimulate overall demand for small, affordable cars, benefiting all players in the market.

    • Threat: Other players may need to lower their prices or introduce competiti...

  • Answered by AI

Interview Preparation Tips

Round: Case Study Interview
Experience: I asked him about the product X? and how important it is for the telecom service providers? is it a big part of their costs ? – he said some arbit stuff – this was a hint that it was a bigger overall strategy case and not into details – so I defined the case as – the CEO wants to know, what to do to increase the profits both in short and long term – he said yes - I immediately moved to the standard profit loss framework and started looking at revenue first - he said OK – I said profit = Price* Quantity and went to pricing... he had said that the telecom service providers were not very sensitive to pricing in the business.. so I dint come to reducing the pricing... I asked about the competitive landscape – our client is 35% business... it went on and on an on ..... could not reach anywhere.. so we went to costs... discussed everything.. excess capacity.. joint ventures.. MnA,..still nothing..so he said.(the discussion was a very intelligent substance discussion.. not general profit loss cases.). – we had a great discussion on both prices and quantity,, why don’t u see decreasing the price – I said.. “ooooooo I thot of it, but then u said that the players are insensitive to price “ - he said “ they WERE, the whole industry as I told u is seeing some problems” – PICK UP THE HINTS... -- once he said this I went to the cost structure of the firm again – I said that our client can play price war only if a) his variable costs are lower than competitors variable costs and he is playing on high investment low variable cost model (reliance model) – he said YES it is exactly this way – I said OK , then let him price X above his variable cost but below the others variable costs and drive the competition away. – I also said, to speeden this up he should in fact price it lower than his variable costs also (extremely low and he can afford it because he has cash with him as he has been on 40% profits for the last 4 – 5 years.. so there should not be an issue on the working capital side – he sair “great” .. he wanted to stop and asked me to summarize the case.. – I summarized the case, and also gave some more ideas like .. seeing the cost and benefit of doing away with excess capacity rite now and adding again when the market is doing good, buying high fixed cost players in the sector.. etcc etc.. a lot more.. – he patiently listened to everything Then he asked me if I had anything to ask him? I asked similar question as I asked in Mck – “ has India become a net contributor to the knowledge base..- he told me about low cost Indian manufacturing.. I said cool... and he said super cool!
Tips: a) work on your resume b) Make the resume in such a way that irrespective of whatever – the you are able to guide the interviewer to THE thing you want to talk about – link all answers to that DO NOT OVERPREPARE – DON’T LOOSE YOUR NATURAL SELF

Round: Case Study Interview
Experience: Upfront questions – where in the value chain? – ans.. they make towers and maintain them .. and into providing services too.—so I asked details on the portfolio of services and portfolio of work of tower etc. – he gave me everything including margins.. so margins in tower making etc were low – I asked him if he is sure that its not just an accounting issue.—he appreciated the point and said .. no, they do ABC and might be small accounting issues but not really one—I said ok.. and moved on to profitability framework .. revenue – costs --- so I said we will look at the tower making etc.. (pareto) – he said perfect.. – went to revenue... he hinted therez nothing there , I said great! Jumped to costs (didn’t waste time at all) - asked him costs heads .. he gave the following .. – a) Tower making, b) people c) administration (I don’t remember the terminology correctly but the remember the discussion) Discussion on tower making – I said “ so Navneet, what does it include” – he said making and servicing and maintaining and some back office work – so I said following can be wrong (BE CREATIVE, I started throwing solutions/ideas) (i) are the people skilled? Know how much material are they using (extra material = extra cost) (ii) is the quality of material too high (more than required quality increases the costs) (iii) is there rework happening? – are people good?(iv) What kind of designs are there – he said there are various different types of designs – I asked why? – he said no one knows – I said .. are they required? – he said , no – I said then standardize the design! He looked happy – so I started throwing more ! – he said no, lets move on to other ones Discussion on people – people cost = wage * numbera) are outsourced people expensive – yes they are – are they doing some specialized job? – not really, they can be replaced – then replace them b) can we multiskill people – yeah we can – then do that! c) Can we move our service centers to low cost destinations – yes we can d) Can we reallocate people to reduce number of people – yes we can – but can we fire them? – are they unionized? – yes they are and he appreciated the point that I touched upon the fact that the unions are tough to handle ( learning : know your industry, small things can make you win the case Discussion on administration a) planning happening ok? – no – so scheduling, audits have to be done again and again (I did not come up with this point alone. It was a result of a thorough discussion .

Round: Case Study Interview
Experience: i said – its an opportunity (no structure , we were taking a walk after all) because it opens up a full market – he said ‘ what shud the competitors do” – I kept on saying a lot of things... - they should lobby with government to stop this .. bla bla bla bla – the discussion was round and round and round.. I was tired with my high heels—then suddenly I said – Arvind can you tell me if I am on the right track ? , am little tired – he smiled and said, ok I again ask you “ what can they do to stop the nano or get ready for the market” – this statement gave me clarity and I said “ ok we can stop nano from coming, or do some other stuff” – he said great , so lets discuss both one by one – (remember that once you asked for clarity then you have to crack the rest of the case, else you are dead) –so I picked up stopping nano to hit the market discussion on stopping Nano to hit the market –
(i) demand side hit – lobby with the activists and say that the infrastructure isn’t ready and hence nano should not be allowed ( he liked it)
(ii) demand side hit -Increase the advertisements on how “Indians have to be sensitive about infrastructure” ( he liked it)
(iii) supply side hit – can we buy out the suppliers? – can we promise them some other meat? – like get them under long term agreements etc
(iv) Supply side hit – can we buy out the low cost suppliers to tatas ( I told them, that my thinking was to stop providing necessary materil that gets into nana
(v) Supply side – can we buy their engineers
(vi) And some more discussion, I don’t quite remember .but ya on similar lines What else they can do till they develop their own low cost (i) can they give fire to second hand car market ( as this is the immediate competition to nano) (ii) he kept on probing me on public transport till I said – why cant they collaborate with the government and make the public transport so easy and good and safe that people don’t need nano! BINGO.. ( he loved it- tho he only got that in my head – amazing guide he is) he still looked dissatisfied and asked me there is something else that is missing.. – something that is a real threat to the competitors of tatas. – we kept on discussing, till I suddenly remembered the team that made the engine is of 30 years average age (READ THE CURRENT ISSUES, IT HELPS BUILD PERSPECTIVE) – so I said “ they have the engineering skills, which can be used to enter other segments (like they can make cheaper engines for indigo .. or come up with new car in ford Ikon category etc).. and this resource is just too good! – BINGO
Tips: a) Be genuine b) Be grounded c) Be yourself d) Be confident e) Be transparent f) Be blunt (but carry it ) g) Connect with the interviewer – genuinely h) Be aware of the current issues

Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)

Intern Interview Questions & Answers

TCS user image Anonymous

posted on 2 Jun 2022

I applied via Newspaper Ad and was interviewed before Jun 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Please Give introduction

Interview Preparation Tips

Interview preparation tips for other job seekers - Good luck with your interview. You need it

Analyst Interview Questions & Answers

TCS user image Anonymous

posted on 9 May 2022

I applied via Walk-in and was interviewed before May 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. Basic tech questions to medium hard
Round 3 - HR 

(1 Question)

  • Q1. Negotiation is the main part of you have a offer it's better

Interview Preparation Tips

Interview preparation tips for other job seekers - Questions from resume and walk-ins have more chance

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 10 May 2018

I applied via Approached by Company and was interviewed in Aug 2017. There were 5 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Solve few SQL joins.
  • Q2. .Net developer profile and the technologies I can get, everything was eye wash post joining

Interview Preparation Tips

Round: Manager + Lead round (not sure what kind of round is this)
Experience: details about the work profile, most of which never happened post joining.

General Tips: If you come from technical background, please do not join PwC SDC and jeopardize our career. There is no technical setup, neither any infrastructure, technical work wont just happen except for few bits n pieces UI work here n there. This is not a company for technical people.
Skills: Communication
Duration: 1-4 weeks

Associate Interview Questions & Answers

PwC user image Anonymous

posted on 13 May 2018

Interview Questionnaire 

1 Question

  • Q1. Normally they asked from CMA Syllabus

Interview Preparation Tips

Round: Test
Experience: Syllabus for written test is CMA Syllabus, general knowledge in Computer.

KPMG India Interview FAQs

How many rounds are there in KPMG India AML KYC Analyst interview?
KPMG India interview process usually has 3 rounds. The most common rounds in the KPMG India interview process are Resume Shortlist, Aptitude Test and Technical.
What are the top questions asked in KPMG India AML KYC Analyst interview?

Some of the top questions asked at the KPMG India AML KYC Analyst interview -

  1. Kyc effects in Financial Institutions? Identity and Verificati...read more
  2. What is Customer Due Diligence (CD...read more
  3. Why do companies use K...read more

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KPMG India AML KYC Analyst Interview Process

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Interview experience

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KPMG India AML KYC Analyst Salary
based on 41 salaries
₹2.6 L/yr - ₹6 L/yr
11% less than the average AML KYC Analyst Salary in India
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