PwC KYC Analyst Interview Questions and Answers

Q1. What is your family background?
Add your answer
Q2. Why should we hire you?
Add your answer
Q3. Tell me about yourself.
Add your answer
Q4. Tell me why your are different from another candidate
Add your answer

To write essay of minimum 400 words within 25 minutes.

Q1. Types of taxes in India.
Ans. 
Types of taxes in India include income tax, goods and services tax (GST), corporate tax, customs duty, and excise duty.
• Income tax is levied on individuals and businesses based on their income levels.

• Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

• Corporate tax is levied on the profits earned by companies operating in India.

• Customs duty is a tax imposed o...read more
Answered by AI
Add your answer
Q2. About the previous internship.
Add your answer

Good and logical for the better understanding of the process

Q1. Self introduction and many more
Add your answer

Q1. More abt process and it's applications
Add your answer

It is good and nice went well

Q1. All went good overall
Add your answer
Q2. What is kyc ?
Ans. 
KYC stands for Know Your Customer. It is a process used by financial institutions to verify the identity of their clients.
• KYC is a regulatory requirement to prevent money laundering and fraud

• It involves collecting personal information and verifying it through documents

• Examples of KYC documents include passport, driver's license, and utility bills
Answered by AI
Add your answer

Q1. What is AML ?
Ans. 
AML stands for Anti-Money Laundering. It is a set of laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.
• AML is a regulatory framework that aims to detect and prevent money laundering activities.

• Financial institutions are required to have AML programs in place to monitor and report suspicious activities.

• Examples of AML measures include customer d...read more
Answered by AI
Add your answer
Q2. What is ML ?
Ans. 
ML stands for Machine Learning, a subset of artificial intelligence that focuses on the development of algorithms and models that allow computers to learn from and make predictions or decisions based on data.
• ML involves training algorithms to learn patterns and make predictions or decisions without being explicitly programmed.

• Common techniques in ML include supervised learning, unsupervised learning, and reinforcement ...read more
Answered by AI
Add your answer

Q1. Self introduction
Add your answer
Q2. Previous experience
Add your answer

Q1. 1. Tell me about yourself
Ans. 
I am a KYC Analyst with 5 years of experience in the banking industry.
• I have a strong understanding of KYC regulations and compliance procedures.

• I am skilled in conducting customer due diligence and risk assessments.

• I have experience in reviewing and verifying customer identification documents.

• I am proficient in using various KYC tools and systems.

• I have excellent attention to detail and analytical skills.

• I am able to ...read more
Answered by AI
Add your answer
Q2. 2. What are the recent projects/internships you did ? (I was a fresher)
Add your answer
Q3. 3. Did u go through the job description? If yes. What did you understand from the job description ?
Ans. 
Yes, I went through the job description.
• The job involves conducting KYC (Know Your Customer) analysis.

• The analyst is responsible for verifying customer information and ensuring compliance with regulations.

• They need to review documents, perform risk assessments, and identify potential fraudulent activities.

• Strong attention to detail and analytical skills are required.

• Experience with AML (Anti-Money Laundering) regulatio
Answered by AI
Add your answer
Q4. 4. What is AML? 5. Difference between CDD and EDD 6. What is the meaning of Due Diligence?
Ans. 
AML is Anti-Money Laundering, a set of laws, regulations, and procedures to prevent illegal activities like money laundering and terrorism financing.
• AML is a regulatory framework that financial institutions must follow to prevent money laundering and terrorist financing.

• It involves identifying and verifying the identity of customers, monitoring transactions, and reporting suspicious activities.

• CDD (Customer Due Diligen...read more
Answered by AI
Add your answer
Q5. 7. What is PEP? 8. Are only politicallly exposed person a threat or are there any other threats you can relate ?
Ans. 
PEP stands for Politically Exposed Person. They are individuals who hold a prominent public position or have close associations with such individuals.
• PEPs are considered high-risk customers due to their potential involvement in corruption, money laundering, and other financial crimes.

• Examples of PEPs include government officials, heads of state, and senior executives of state-owned enterprises.

• Other threats in the KYC ...read more
Answered by AI
Add your answer

Basic AML and KYC understanding end to end test

Q1. In depth understanding of kyc and AML related topics
Add your answer

Q1. About Roles and Responsibilities
Add your answer
Q2. Question related to AML in Depth
Add your answer

Q1. Basic information about you
Add your answer