Wahed Invest Interview Questions and Answers

My ambition is to continuously learn and grow in my career, while making a positive impact in the field of compliance and risk management.

• Continuous learning and professional development

• Making a positive impact in compliance and risk management

• Advancing in my career through hard work and dedication

I have 5 years of experience in KYC and AML compliance, conducting due diligence, risk assessments, and monitoring transactions.

• Conducted thorough due diligence on new clients to ensure compliance with regulations

• Performed risk assessments on high-risk clients and transactions

• Monitored transactions for suspicious activities and filed SARs when necessary

• Stayed up-to-date on regulatory changes and implemented necessary c

The process I follow as a KYC Analyst involves verifying customer identities and ensuring compliance with regulations.

• Collect and review customer identification documents

• Conduct background checks on customers

• Ensure compliance with regulatory requirements

• Identify and report suspicious activity

• Maintain accurate records of all customer interactions

Performing CDD is necessary to identify and verify the identity of customers and assess the risks associated with them.

• CDD helps in preventing money laundering, terrorist financing, and other financial crimes.

• It ensures compliance with regulatory requirements and helps in maintaining the reputation of the organization.

• CDD helps in identifying high-risk customers and taking appropriate measures to mitigate the risks.

• Exa...read more