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      AML/BSA Interview

      Oct 8, 2014
      Anonymous interview candidate
      New Castle, DE
      No offer
      Positive experience
      Difficult interview

      Application

      I applied through a staffing agency. The process took 1 day. I interviewed at HSBC (New Castle, DE) in Aug 2014

      Interview

      I interviewed at the New Castle, DE site. The manager was very pleasant and stressed quality of work life, fair pay, and fair pay. I was impressed. When I crossed through the worker floors, there were dozens and dozens and dozens of low-walled cubicles filled with people. I was struck by 2 things: there was hardly any noise, none, and no one was standing, moving, our walking about. It was eery. No phones rang. Just quietness.

      Interview questions [1]

      Question 1

      On what basis are CTRs filed, how are they distinguishable from SARs, and which government agencies are they filed? What is the only circumstance you may confide in a customer the details of a SAR when asked by the customer? Private banking is the one exception where SARs are discretionary for customers whose net worth is greater than 7,500,000.00 because the US Treasury has a special government watch program for those individuals. Why is this statement true? What are the major terms of the US government's deferred prosecution agreement with HSBC?
      Answer question
      1