Societe Generale Global Solution Centre KYC Analyst Interview Questions and Answers

Q1. What are the sanction country.
Ans. 
Sanction countries are nations that have been subjected to economic or political sanctions by other countries or international organizations.
• Sanction countries may be restricted from trading with certain countries or organizations.

• Sanctions are often imposed as a form of diplomatic or economic pressure to encourage a change in behavior.

• Examples of sanction countries include Iran, North Korea, Russia, and Venezuela.
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Q2. What is trust and explain types of trust.
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Trust is a belief in the reliability, truth, or ability of someone or something. Types of trust include interpersonal trust, institutional trust, and situational trust.
• Interpersonal trust is trust between individuals based on personal relationships and experiences.

• Institutional trust is trust in organizations, institutions, or systems, such as government or businesses.

• Situational trust is trust that is context-specific...read more
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Q1. What is kyc ?
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KYC stands for Know Your Customer, 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 like ID cards, passports, and utility bills.

• KYC also includes assessing the risk of a customer based on their profile and transaction history.

• Failing to comp...read more
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Q2. Do you know about AML ?
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AML stands for Anti-Money Laundering, a set of regulations and procedures designed to prevent the illegal generation of income.
• AML refers to the laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income.

• KYC Analysts play a crucial role in ensuring compliance with AML regulations by verifying the identity of customers and monitoring transactions for sus...read more
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Q3. Who is founder of wipro ?
Ans. 
Azim Premji is the founder of Wipro.
• Azim Premji founded Wipro in 1945.

• He transformed Wipro from a small vegetable oil company into a global IT services powerhouse.

• Under his leadership, Wipro became one of the largest IT companies in India.

• Azim Premji is known for his philanthropy work and has donated a significant portion of his wealth to charitable causes.
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Q4. Primary factor of kyc ?
Ans. 
The primary factor of KYC is to verify the identity of customers to prevent fraud, money laundering, and other illegal activities.
• Verification of customer identity

• Prevention of fraud and money laundering

• Compliance with regulations and laws

• Risk assessment of customers
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Q1. Introduce Yourself
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Q2. Who is a PEP
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Q1. Why did you decide to apply to this role?
Ans. 
I applied to this role because of my interest in financial compliance and my strong analytical skills.
• I have a keen interest in financial compliance and regulations.

• I possess strong analytical skills, which are essential for conducting thorough KYC investigations.

• I enjoy working with data and conducting research to identify potential risks and ensure compliance.

• I have previous experience in a similar role, where I succ...read more
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Q2. Tell me about your experience in
Ans. 
I have 3 years of experience as a KYC Analyst in the banking industry.
• Performed customer due diligence and KYC reviews to ensure compliance with regulatory requirements.

• Conducted thorough investigations on high-risk customers and escalated any suspicious activities to the appropriate authorities.

• Maintained accurate and up-to-date records of customer information and documentation.

• Collaborated with cross-functional teams...read more
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Q3. What Did you known about Our Company?
Ans. 
Our company is a leading financial institution specializing in Know Your Customer (KYC) compliance.
• Specializes in KYC compliance

• Leading financial institution

• Provides services to various industries

• Has a strong reputation in the market
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Q4. Tell Me About Yourself ?
Ans. 
I am a KYC Analyst with experience in conducting due diligence and risk assessments.
• Experienced in performing customer due diligence (CDD) and enhanced due diligence (EDD) procedures

• Proficient in analyzing customer information and identifying potential risks

• Skilled in conducting background checks, verifying identities, and assessing financial transactions

• Familiar with regulatory requirements and compliance standards in...read more
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Q5. What Do You Want To Work for Our Company?
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I want to work for your company because of its strong reputation, opportunities for growth, and alignment with my skills and values.
• Your company has a strong reputation in the industry, which is important to me as it reflects the quality of work and values upheld.

• I believe your company offers great opportunities for growth and career development, which is important for me to continuously learn and progress.

• The values a...read more
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Q6. What Is Your Strength & Weakness?
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My strength is attention to detail and my weakness is public speaking.
• Strength: Attention to detail - I have a keen eye for spotting discrepancies and ensuring accuracy in my work.

• Weakness: Public speaking - I tend to get nervous when speaking in front of large groups, but I am actively working on improving my communication skills.

• Example: In my previous role as a KYC Analyst, my attention to detail helped me identify ...read more
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Q7. Tell Me About The Gap?
Ans. 
The gap refers to a period of time where there is a lack of information or activity.
• The gap can occur in various contexts, such as employment history, educational qualifications, or financial transactions.

• For example, if a candidate has a gap in their employment history, it means that there is a period of time where they were not employed.

• Similarly, a gap in educational qualifications refers to a period where the candi...read more
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Q8. What Is your Biggest Achievement so Far?
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My biggest achievement so far is successfully implementing an automated KYC system that reduced processing time by 50%.
• Implemented an automated KYC system

• Reduced processing time by 50%

• Streamlined the onboarding process for new customers

• Improved accuracy and efficiency in KYC analysis

• Received recognition from senior management for the achievement
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Are You Responsibility your life?

Q1. In this Process what You do?
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Q2. In This Process I Have To do KYC Process
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Q1. About your experience
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Q1. Basic question not much
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Q1. 2 rounds of interview
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Q2. Basic of subject
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Q1. Subject related
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Q1. Mindset related
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Q2. Ability to adopt the company atmosphere
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I am adaptable and can easily integrate into different work environments.
• I have experience working in diverse teams and adapting to different company cultures.

• I am open to feedback and willing to learn new processes and procedures.

• I can quickly adjust to changes in the work environment and collaborate effectively with colleagues.

• I prioritize building strong relationships with team members to create a positive work atmo
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Q1. Simple question asked to me
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Q2. What is KYC process
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Q1. Easy interview process
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Q1. What is the 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 terrorist financing.

• It involves collecting information about customers such as their identity, address, and financial activities.

• KYC helps in assessing the risk of doing business with a particular customer.

• Examples of KYC documents incl...read more
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Q2. Tell me about yourself?
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Hard questions only asked