Interview questions for Actimize

1) What is Actimize tool?

Actimize open analytics gives your users the control they need to respond quickly to challenges and meet your organization’s unique business needs. The highly flexible and scalable Actimize platform and our easy-to-use development tools allow your users to take charge.

2. How to Display your achievements as Monitoring and Evaluation Specialist?

There is absolutely no harm in displaying some of your big achievements to the interviewing panel. More especially if it is really related to the kind of programme they intend to implement over the years. Take for example, if they are recuiting a Monitoring and Evaluation Officer for a gender programme they are about to implement and you were fortunate to have conducted a gender evaluation as a consultant months before the interview, why not show them your Evaluation Report

3. What is NICE Actimize Anti-Money Laundering (AML)?

Actimize’s Intelligent AML Solution Suite empowers organizations to proactively manage end-to-end AML risk by intelligently and efficiently correlating financial crime activities to ensure cost-effective AML operations and a positive, holistic customer experience.

4. How to check Clarity in Monitoring and Evaluation Specialist?

Make sure you answer questions in a clear and confident way. Interviewers are interested in a Monitoring and Evaluation Officer who is able to communicate clearly. Why is this so important? Well when you will be called to do a powerpoint presentation on your Monitoring findings infront of a wide audience, you have to be able to communicate it in a clear but effective way. When the interviewers ask you questions, answer the question as it comes and don’t include things that are not related at all to the topic. Be yourself

5. What is the use of using Nice Monitor?

Nice monitor is used for monitoring live audio in the applications.
WHAT HAVE YOU DONE TO IMPROVE YOUR KNOWLEDGE FOR MONITORING AND EVALUATION SPECIALIST POSITION IN THE LAST YEAR?

Everyone should learn from his mistake. I always try to consult my mistakes with my kith and kin especially with elderly and experienced person.
I enrolled myself into a course useful for the next version of our current project. I attended seminars on personal development and managerial skills improvement.

6. How to check Monitoring and Evaluation Specialist is Practical or not?

Usually interviewers want to test your intelligence by giving you a practical situation. If you are called to explain your experience in the Monitoring and Evaluation field, make sure you explain things in a practical way. For instance, imagine if the interviewers asked you whether you have conducted a Baseline Survey before in your life. You are not only going to say yes, but you will briefly explain how you did it and what were your findings. It is usually interesting if you conducted a Baseline Survey for a prestigious organization.

7. How to explain your experience in monitoring and evaluation in interview?

Usually interviewers want to test your intelligence by giving you a practical situation. If you are called to explain your experience in the Monitoring and Evaluation field, make sure you explain things in a practical way. For instance, imagine if the interviewers asked you whether you have conducted a Baseline Survey before in your life.

8. What is transaction monitoring in IT security?

It is an IT management and security process that evaluates each or selected transactions performed on a given application or system. Transaction monitoringis also known as business transaction monitoring. Transaction monitoring is primarily done to evaluate the overall performance of the transaction processing system or the information system.

9. What is AML transaction monitoring software?

AML transaction monitoring software can also include sanctions screening and customer profiling features. The information obtained from transaction monitoring is primarily used to meet various AML and counter-terrorist financing (CTF) requirements, for filing Suspicious Activity Reports (SARs), and other reporting obligations.

10. Why do we use Nice Supervision?

NICE Supervision is used, if there is any fault in the application then the alarms are generated to acknowledge the same.

11. What is Model Validation in Nice Actimize?

In Nice Actiize model validation is a set of instructions or defined workflow which actually doubles checks whether the entire system is functioning as it is supposed to be.
To be specific a model validation is nothing but a collection of processes and set of activities which are executed to verify whether the fraud models are executed and validate as it is expected to be.

12 Explain Key Elements that are needed for a Model Validation Framework?

The key elements that are needed for a model validation framework are as follows:
• First and foremost evaluation of conceptual soundness
• Ongoing monitoring and process verification to validate the model functionality
• Outcome analysis. It is helpful for comparison of expected output vs output came through

13. What are the fraud consulting services included in Nice Actimize?

The list of all fraud consulting services that are included are as follows:
• Constant review of model governance and programs
• Feedback, guidance, and recommendations based on the model governance
• Alert mechanisms
• Model validations and testing support
• Data integrity, model limitation reports
• Finally, regulatory examination preparation.

14. What is the use of Nice Administrator Window Components?

With the help of NICE administrator window components, it will help to set up users, servers, loggers, and channels in your systems.

15. What is the Data Field in In Nice Applications?

A data field in the NICE applications – Data fields contain information about a specific call and other audio segments which are actually recorded in NICElog system.

16. What Are The Different Sources Where The Data Fields Are Available?

The different sources where the data fields are available are:
• NiceLog system that is connected to the telephony switch
• Logger data fields
• NICECLS mapping fields
• User-defined data
• The NICE Administrator has the privilege of enabling and disabling the data fields for viewing, querying and editing.