Senior Compliance Analyst Interview Questions and Answers

Money laundering is the process of making illegally obtained money appear legal. Transactions monitoring is the process of tracking financial transactions to detect suspicious activity.

• Money laundering involves three stages: placement, layering, and integration.

• Transactions monitoring involves analyzing customer behavior, transaction patterns, and other data to identify potential money laundering activity.

• STR (Suspicious Transaction Report) is a report filed by financial inst...read more