Compliance Officer Interview Questions
When hiring a compliance officer, an employer will look for applicants with legal knowledge and ethical standards to ensure that the company does not violate its rules and regulations. When interviewing for this position, expect to be given behavioural questions that are designed to determine how you would enforce the company's code of conduct and handle ethical and legal violations in the workplace.
Top Compliance Officer Interview Questions & How To Answer
Here are three top compliance officer interview questions and tips on how to answer them:
Question No. 1: How would you handle a situation where an employee violated the company's code of conduct?
How to answer: Not only do interviewers want to know whether you respect the company's code of ethics, but they also want to know whether you have what it takes to confront, and even fire and take legal action against, an employee for their unethical or unprofessional behaviour in the office.
Question No. 2: What is necessary to create an effective compliance programme?
How to answer: Employers want to make sure you understand the laws, rules and regulations of the industry. When asked this question, share your knowledge of the industry-relevant governing bodies.
Question No. 3: If a senior-level employee asked you to violate the company's code of conduct, what would you do?
How to answer: Compliance officers have to make sure that all employees are following the legal requirements of the company, including senior-level executives. When asked this integrity question, assure the interviewer that you would work with all employees, regardless of rank, to make sure that they are educated about the compliance programme and follow the established rules.
A taxpayer provides you with telephone records that show 60% personal use and 40% business use. His monthly bill is $75. How much of a deduction for business use would you allow on his taxes for the entire year?
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$30 would be the amount for one month. For the entire year, it would be $360?
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$30
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$30 ($75 x .40 = $30)
first take a EQ test then essay then translate the statement from english to chinese and chinese to english. easy and smooth
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follow my heart
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what type of statement?
How do you handle a taxpayer tht will not stop crying?
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From the online assessments, it said that it was important to minimize the number of appointments with the tax payer to make sure you can get through your case load and also to make sure it is still convenient. So rescheduling would likely not be a good answer. I think empathizing with the tax payer (without over sympathizing), maybe giving them a few minutes to collect themselves, and letting them know that there are payment options would be a good solution. Less
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Reschedule the appointment.
Unexpected Q: name of the current head of the regulatory govt agency.
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That I did not know.
Solve a tax math question and tell us how u got to that answer about how much deduction a taxpayer is allowed per the information given
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Hard hard hard
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Same here
As per their philosophy Revolut has on top of his priority always the AML and Compliance improvement and this is what the hiring questions were concentrate.
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This is not a question. This is a statement that makes little sense, much like your review. Appreciate your interview arrangements (organising a call and a in person interview) were ‘simply perfect’ but it does not describe the interview nor is it difficult to not waste peoples time. Less
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This is a fraudulent review to combat the negative reviews.
Why would I like to work with GOAL?
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I feel connected with the work they do. I share their values and work culture.
Panel interview (3 people). STAR behavioural questions (collaboration and team work, conflict, explaining regulatory information, judgment and decision making, managing a workload)
1 Answers↳
Could you be more specific about what they have asked you?