Hey there! Exciting news for job seekers in Chennai – NTT Data is hosting a Mega Walkin Drive on the 14th of November for the position of Banking Process. They are looking for individuals with a BBA/B.Com qualification and welcome both freshers and experienced candidates with 0 to 5 years of experience to apply. With 10 openings available, the salary offered is the best in the industry. The venue for the walk-in drive is in Chennai, and the working days are from Monday to Friday with a work mode of Work From Office. It seems like a fantastic opportunity for those looking to kickstart or further their career in the banking industry. Good luck to all the applicants!

About Company:

NTT DATA is your Innovation Partner anywhere around the world. With business operations in more than 35 countries, we put emphasis on long-term commitment and combine global reach and local intimacy to provide premier professional services from consulting, system development, business process and IT outsourcing to cloud-based solutions. Visit www.nttdata.com/americas to learn how our consultants, projects, managed services, and outsourcing engagements deliver value for a range of businesses and government agencies.

Job Details:

Job Role: Banking Process 

Qualification: BBA/ B.Com

Experience: 0 – 5 years ( Fresher and Experienced )

No. of Openings: 10

Salary : Best In Industry

Venue Location: Chennai

Walk-in Date: 14th November

Working Days – Monday to Friday

Work Mode – Work From Office

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Job Description:

Greeting from NTT DATA, we are happy to take your profile for a wonderful career with NTT DATA.

Job Title: Banking Process (KYC & AML)

Education Qualification: B. Com, B.B.A

Experience: Min 1year Experience in KYC/AML

Shift: UK Shift

Work Location: Chennai – DLF Cybercity

Mode of Work: Work from Office

Mode of Interview: Scheduled – Walk-in Interview

Note: ***While coming for walk-in interview, carry your hard copy of the resume and any one Government ID proof with you***

Responsible:

• Perform unwrapping of the shareholder details or the entities involved in the company
• Conduct investigations, collect data, compile documentation and evidence, maintain accurate and detailed notes, Ensure accurate and timely completion of reporting to clients
• Ensures accurate and timely completion of transactions to meet or exceed client SLAs
• Identify and resolve both regular and non-routine problems or escalate to Team Leader/Line Manager/Unit Head
• Observe the highest degree of confidentiality in the handling of information received during their responsibilities
• Uses established tools and procedures to solve task-related problems: – Fact finding – Information search and gathering – Verifying data – Compilation – Recognizes when there is insufficient information and brings problems to the attention of TL/Manager.
• Monitors and tracks resolution of issues.

Requirements:

• Basic understanding of the KYC/CDD domain
• Ability to understand moderately complex transactions
• Ability to understand and interpret source documents
• Detail-oriented; ability to organize and multi-task. Ability to make decisions.
• Required computer skills: must have experience with data entry and word processing, possess a working knowledge of MS Office applications, and understand how to navigate through web-based applications

How to Prepare for NTT Data Interview? – Tamil Job Update

1. Understand the Role and Responsibilities

This role involves working with Know Your Customer (KYC) and Anti-Money Laundering (AML) processes, which are critical in the banking and financial sector to prevent fraud and illegal activities.

Key Responsibilities:

• Unwrapping Shareholder Details & Entities: You’ll be reviewing the details of company shareholders and entities involved.
• Investigations & Data Collection: You’ll need to gather and document evidence about clients and transactions.
• Ensuring Timeliness: Accurate and timely completion of reports is essential.
• Problem-Solving: Identifying issues or escalating problems when necessary.
• Confidentiality: Ensuring data confidentiality is key.
• Use of Tools & Procedures: You’ll be using standard tools for fact-finding, information gathering, and problem resolution.

2. Knowledge of KYC and AML

Since the role is in the KYC (Know Your Customer) and AML (Anti-Money Laundering) domain, it’s essential to have a basic understanding of these concepts.

KYC (Know Your Customer):

• What is KYC?: It is the process of verifying the identity of customers to prevent fraud, money laundering, and financing of terrorism.
• Key Components of KYC:
  • Customer Identification Program (CIP): Verifying the identity of a customer.
  • Customer Due Diligence (CDD): The process of assessing customer risk, including checking for politically exposed persons (PEPs) and screening against watch lists.
  • Ongoing Monitoring: Regular checks to ensure the customer’s information is accurate and up-to-date.

AML (Anti-Money Laundering):

• What is AML?: These are laws and regulations designed to prevent criminals from using financial institutions to launder money or fund criminal activities.
• Basic AML Measures:
  • Transaction Monitoring: Monitoring transactions for suspicious activity.
  • Suspicious Activity Reporting (SAR): Reporting any suspicious transactions to authorities.
  • Sanctions Screening: Checking customer and transaction details against government sanctions lists.

Prepare to discuss:

• The difference between KYC and CDD.
• How AML regulations are used to detect and report suspicious activities.
• The role of financial institutions in preventing money laundering and fraud.

3. Required Skills and Competencies

You’ll be assessed on both technical skills and soft skills. Here’s what to focus on:

Technical Skills:

• Basic Understanding of KYC/CDD: Be ready to explain your knowledge of KYC/CDD processes, customer identification, risk assessment, and document verification.
• Attention to Detail: Emphasize how you can handle large amounts of data, identify discrepancies, and ensure accuracy.
• Data Entry & Word Processing: Mention your proficiency with MS Office (Word, Excel, Outlook) and how comfortable you are with web-based applications for data management.
• Problem-Solving: You may be asked about how you handle discrepancies or missing information, and when/how you would escalate issues to your supervisor.

Soft Skills:

• Communication Skills: As you will be handling sensitive data and working with various stakeholders, clear communication is crucial.
• Confidentiality: Discuss your understanding of maintaining confidentiality in a sensitive work environment.
• Time Management & Multi-tasking: Highlight how you can manage multiple tasks efficiently and meet deadlines while ensuring accuracy.

4. Common Interview Questions & How to Prepare

a. Tell me about yourself.

• Focus on your background (education, experience), specifically any relevant experience in banking, finance, KYC, or AML. Emphasize your attention to detail, ability to work with sensitive data, and familiarity with basic KYC and AML concepts.
  • Example: “I have a B.Com degree and over a year of experience in customer service, where I was responsible for handling KYC documents, verifying customer information, and ensuring compliance with regulatory standards. I’m detail-oriented and enjoy working in environments where accuracy and confidentiality are critical.”

b. What do you understand about KYC and AML?

• KYC: Explain the process of verifying a customer’s identity and the importance of it in preventing financial crimes.
• AML: Discuss the role of AML in identifying suspicious transactions and ensuring that financial institutions comply with global regulations.
  • Example: “KYC is essential to ensure that a financial institution knows its clients and their financial activities. It involves verifying identity, understanding the customer’s financial activity, and screening them against watch lists. AML is about monitoring transactions to identify unusual patterns, and reporting suspicious activities to prevent money laundering.”

c. How would you handle missing or incomplete customer data?

• Be honest and demonstrate problem-solving skills. Mention the steps you would take to resolve the issue (e.g., reaching out to the client, checking with relevant departments, escalating to the manager).
  • Example: “If I encounter missing data, I would first check the client’s records and confirm with relevant internal teams or departments. If the data is still incomplete, I would contact the customer directly, explain the situation, and request the missing information. If I’m unable to resolve the issue, I would escalate it to my team leader.”

d. How do you ensure accuracy while performing data entry and managing customer records?

• Explain how you prioritize accuracy and detail in your work, perhaps using tools or checklists to verify the information.
  • Example: “I double-check data entries to ensure no errors, and I follow standardized procedures for data input. I also use tools like Excel and other internal systems to cross-check information. I believe accuracy is key in KYC/AML, and I make sure I follow all required procedures for verification.”

e. Why do you want to work with NTT DATA in the KYC & AML process?

• Show your interest in the role and the company. Mention that you’re excited to work in a field where attention to detail and regulatory compliance is important.
  • Example: “I’m passionate about the financial industry, and I believe that KYC and AML are crucial for maintaining trust and security in financial systems. NTT DATA’s strong reputation in providing IT services and its commitment to regulatory compliance makes it an ideal place for me to grow and contribute.”

f. How do you handle a situation where you are unable to meet a deadline?

• Talk about how you manage your time, handle pressure, and ensure the quality of your work despite challenges.
  • Example: “I always prioritize my tasks and manage my time effectively to meet deadlines. If I anticipate a delay, I communicate early with my manager and try to get support to resolve the issue. I also ensure that the quality of my work is not compromised under time pressure.”

5. Other Considerations

• Shift Work: Be prepared for a UK shift and clarify that you’re comfortable working in this shift (mention your flexibility if asked).
• Work from Office: The role is work from office, so make sure you’re okay with the commute to DLF Cybercity, Chennai.
• Walk-In Interview: Bring a hard copy of your resume and a government-issued ID for verification purposes.

Final Tips for the Interview:

• Review the KYC/AML basics: Ensure you’re familiar with industry-standard terminology, regulations, and processes.
• Dress professionally: Even for a walk-in, it’s important to look polished and presentable.
• Stay calm and confident: Be confident in discussing your skills and experience, and show your interest in the role.
• Follow up: After the interview, a short thank-you email can leave a positive impression.

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How to Apply for NTT Data Walkin Drive ?

If you’re interested and meet the eligibility criteria for this walk-in drive, feel free to come by at the location below. Remember to carry essential documents like your Aadhar card, PAN card, and an updated resume.

FAQ – NTT Data Walkin Drive

1. What is the role of a Banking Process Associate?

• You’ll handle customer queries, process banking transactions, verify information, and ensure tasks are done correctly.

2. What qualifications do I need?

• You need a BBA or B.Com degree.

3. How much experience is required?

• The role is open to both freshers and candidates with 0-5 years of experience.

4. Can freshers apply?

• Yes, freshers are welcome to apply.

5. What is the salary for this position?

• The salary is best in the industry and will be shared during the interview.

6. Where is the job located?

• The job is located in Chennai at DLF Cybercity.