Standard. You'll go to a finance conference, they'll fly you out for a presentation on campus if they like you, you will get to meet the faculty, have lunch and dinner with the faculty, get to meet the PhD students, discuss compensation etc.
I applied in-person. The process took 1 day. I interviewed at Wayne State
Interview
I had one day with many interviews, in the department, some of the interviewers were faculty, some were not. The hiring process was very bureaucratic, I was hired in July and my appointment papers as Assistant Professor were finished in September, after a long delay.