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Money laundering is the process of making illegally obtained money appear to be legitimate.
It involves disguising the source of funds through a series of transactions
The goal is to make the money appear to come from a legitimate source
Common methods include using shell companies, offshore accounts, and cash businesses
Money laundering is often associated with organized crime and drug trafficking
It is illegal and can res...
Money laundering can take various forms to conceal the illegal source of funds.
Structuring transactions to avoid reporting requirements
Using shell companies or offshore accounts to hide the true ownership of assets
Investing in legitimate businesses to mix illicit funds with clean money
Using cash-intensive businesses like casinos or car washes to launder money
Trade-based money laundering through over- or under-invoicing...
Money laundering involves several processes to make illegally obtained money appear legitimate.
Placement: Introducing illicit funds into the financial system
Layering: Conducting complex transactions to obscure the origin of funds
Integration: Making the laundered money appear legitimate by merging it with legal funds
Examples: Shell companies, offshore accounts, smurfing, trade-based laundering
I applied via Walk-in and was interviewed before Feb 2022. There were 3 interview rounds.
I applied via Referral and was interviewed before Oct 2022. There were 2 interview rounds.
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What people are saying about WNS
Amcat test, repeat the sentence, remove grammatical mistake
WNS interview questions for designations
I applied via Walk-in and was interviewed before Apr 2023. There were 3 interview rounds.
Grammar, maths, numeric
Get interview-ready with Top WNS Interview Questions
I applied via Newspaper Ad and was interviewed in Jun 2022. There were 3 interview rounds.
AML stands for Anti-Money Laundering and KYC stands for Know Your Customer. Both are important in preventing financial crimes.
AML is a set of regulations and procedures designed to prevent money laundering and terrorist financing.
KYC is the process of verifying the identity of customers and assessing their potential risks.
AML and KYC are often used together to ensure compliance with regulations and prevent financial cr...
It had MCQ questions .
Multiple choice questions aptitude test
I applied via Walk-in and was interviewed before Feb 2023. There were 2 interview rounds.
Aptitude test-General ability and quantitative aptitude
It was multiple choice questions exam
I applied via Walk-in and was interviewed in Sep 2021. There were 4 interview rounds.
The duration of WNS Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 57 interviews
4 Interview rounds
based on 803 reviews
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