I applied online. The process took 2 months. I interviewed at BlackRock (San Francisco, CA) in Aug 2010
Interview
Phone interview, followed by two in-person interviews. The whole hiring process takes quite a while and there is tons of paperwork, background checks, etc. It also took forever between the last interview and when I was finally offered the job. The whole process took about 2 months. Multiple departments tend to be hiring at the same time so don't hesitate to gently ask the recruiter if there may be more than one position you are qualified for.
Interview questions [1]
Question 1
Lots of case study related questions. i.e. what would you do in a particular situation. There were a few industry related questions but nothing too specific. If you do your homework on financial services and particularly the area you are interviewing for you will be fine.
1 phone interview - recruiter asked me after to send her my availability and she never gotten back to me. waste of time, followed up with her like 4 times.
three rounds, phone screen by managers, on site 1 hour, task 1 hour, final round 1 hour. technical and behaviour both, hard, tension. good experience, but stressed period.good culture, good development.
I had one superday of 4 interviews. Questions were mostly behavioral. Tons of variations on the main behavioral questions. One technical question but it was very light technical. No live problem solving. Felt more like a vibe check.