Law Firms Advocate Interview Questions and Answers

AML & screening stands for Anti-Money Laundering and screening is the process of checking individuals or entities against various watchlists to ensure compliance with regulations.

• AML refers to the laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income.

• Screening involves checking individuals or entities against watchlists such as OFAC, PEP, and sanct...read more

Handling difficult stakeholders requires effective communication, active listening, building trust, and managing expectations.

• Establish clear communication channels and set expectations early on

• Actively listen to their concerns and address them in a timely manner

• Build trust through transparency and honesty

• Involve them in decision-making processes to make them feel valued

• Seek common ground and find win-win solutions

• Mana...read more

I have 5 years of experience as a Business Analyst in the finance industry.

• Led cross-functional teams to analyze market trends and develop strategic plans

• Performed data analysis to identify opportunities for cost reduction and revenue growth

• Collaborated with stakeholders to gather requirements and create detailed business requirements documents

Business Analysts use various types of documentation to analyze and communicate business requirements.

• Business requirements documents (BRD)

• Functional requirements documents (FRD)

• Use cases

• User stories

• Process flow diagrams

• Data flow diagrams

• Entity relationship diagrams

• Mockups and wireframes