Disco,
Yes you are correct. Pretty much like hydrolysis (aminolysis).
I looked at the question again and since the professor does not shy too much away from what we have been talking about I feel this is a better approach to the answer. Stork chemistry adapted from his synthesis of resperpine.
My first answer was adapted from Woodwards synthesis of resperpine. Since an imine and hydroxyl do not result from the reaction of A and B, my attached answer is more chemically sound.
Attached is my answer.