The process took 3 months, from application to interview. Before the interview, I was asked to read 3 particular reports from the Bank of England as preparation (these were e-mailed to me). I was interviewed by Senior Manager and Junior Manager, who asked basic competency, motivation and technical questions (based on the reports). I was also required to produce a 3-page briefing in 60 minutes on the issues presented in the reports. I never heard back, despite being told they would get back to me in 2 weeks and e-mailing HR 3 weeks later.