I applied through an employee referral. The process took 5 weeks. I interviewed at State Street (Kansas City, MO) in Feb 2009
Interview
From the initial submittal of the application, through to the actual offer was in my hand it was about 7 weeks. It took two weeks for them to get back to me. Three weeks for two phone interviews, one day of on-site interviewing, and two weeks for the background check. Generally speaking, they are not in a rush. There are two phone interviews in which they screen and if they like you, decide which position best suits you. The questions for this deal more with past experience and proficiencies, but has the standard questions built in. You will probably go for one 1-on-1 interview and two interviews with two sets of managers if you make it to the on-site interview. The chances of getting on without a current employee referral are low however, since they have data showing referred employees do better and stay longer.
Interview questions [1]
Question 1
What do you think is the worst way you could mess up the company from your position.
The interview process was fairly smooth. not many technical questions, mostly behavioral. overall the interview process wasn't too bad and difficult as i expected it was going to be. There was no technical hard questions only behavioral questions.
Straight forward 2 round interviews. Usual HR screening and Skills interview. Passed it fairly easily. Recommend doing some skills interview practice. Give as much as practical experience examples with Star approach.
The first stage is a phone interview with HR in English.
Next, a meeting with managers is scheduled. The meeting takes place online, and typical investment banking questions are asked like what is fund, forex ...