Tell me about yourself What is Cash intensive business? How you assess the risk rating? What is KYC? What is Sanctions? How you identify red flag?

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As a Senior KYC Analyst, I assess risk ratings for cash-intensive businesses, identify red flags, and ensure compliance with KYC and sanctions regulations.

Cash-intensive businesses are those that deal with large amounts of cash, such as casinos, pawnshops, and money service businesses.
To assess risk ratings, I consider factors such as the type of business, its location, and the nature of its customers.
KYC stands for Know Your Customer and refers to the process of verifying the identity of clients and assessing their potential risks.
Sanctions are restrictions imposed by governments or international organizations on certain countries, individuals, or entities.
To identify red flags, I look for suspicious activity such as unusual transactions, inconsistent information, or high-risk customers.

Tell me about yourself What is Cash intensive business? How you assess the risk rating? What is KYC? What is Sanctions? How you identify red flag?

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