TCS Business Process Leader Interview Questions, Process, and Tips

AML stands for Anti-Money Laundering. It involves several stages to prevent and detect money laundering activities.

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

• The stages of AML include customer due diligence, monitoring of transactions, reporting suspicious activities, and ongoing training and compliance.

• Examples of AML ...read more

Transaction monitoring in banking involves tracking and analyzing transactions to detect suspicious activities and ensure compliance with regulations.

• Monitoring transactions for unusual patterns or behaviors

• Identifying potential money laundering or fraud activities

• Reporting suspicious transactions to regulatory authorities

• Ensuring compliance with anti-money laundering (AML) and know your customer (KYC) regulations

• Utili...read more

Experienced business process leader with a track record of optimizing operations and driving efficiency.

• Over 10 years of experience in leading process improvement initiatives

• Strong background in analyzing workflows and implementing solutions

• Proven ability to streamline processes and increase productivity

• Led a team that reduced production costs by 20% through process optimization

My notice period is currently 2 weeks.

• My notice period is 2 weeks

• I am required to give 2 weeks notice before leaving my current position

• I need to work for 2 more weeks before transitioning to a new role