Feb 2025

Ethics and Integrity interview question about Sanctions Compliance for Entry-Level Compliance

What steps would you take to ensure compliance with sanctions regulations when onboarding a new client?

Compliance

Ethics and Integrity

Asked at

Westpac

Difficulty :

Easy

Explanation

This question evaluates your knowledge of sanctions compliance and your ability to implement it during client onboarding. Recruiters are looking for your understanding of sanction screening tools, risk assessments, and adherence to international regulations. Common pitfalls include failing to address key steps like screening or not considering jurisdictional differences. A strong answer demonstrates a structured approach to sanctions compliance and risk mitigation. Preparation involves reviewing OFAC, UN sanctions, and regional guidelines.

Answer Example

I would start by conducting a comprehensive sanctions screening using tools like World-Check or Dow Jones Risk & Compliance. Next, I would assess the client’s business activities and ownership structure to identify potential risks. If any red flags are identified, I would escalate the case to the compliance team for further review. For example, I flagged a potential sanctions issue during onboarding, which led to additional due diligence and ensured the organization avoided regulatory penalties.

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Feb 2025

What steps would you take to ensure compliance with sanctions regulations when onboarding a new client?

Ethics and Integrity

Asked at

Westpac

Difficulty :

Easy

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Explanation

Answer Example

Also check out

Can you describe a time when you successfully launched a new product in the FMCG sector?

Behavioural

Asked at

Nestlé

Difficulty :

Hard

What strategies do you use to maintain code quality in a team environment?

Communication Skills

Asked at

Atlassian

Difficulty :

Medium

How do you measure the success of your client accounts?

Analytical/Technical

Asked at

BBDO

Difficulty :

Medium

How would you approach helping a client improve their customer retention rate in a highly competitive industry?

Techincal

Asked at

PwC

Difficulty :

Medium

How would you approach collaborating with a multidisciplinary team on a biomedical project?

Communication Skills

Asked at

Boston Scientific

Difficulty :

Medium

Designed to be stress-free.

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Step 2: Paste Job Description

Step 3:Download and Apply

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