I applied online. The process took 3 days. I interviewed at State Street (Boston, MA) in Feb 2008
Interview
managers from random groups will be called down to interview people, not necessarily the manager who you will be working for even after you get the job. the questions are pretty basic, like "what do you know about mutual funds?"
Interview questions [1]
Question 1
what are mutual funds? what kind of experience do you have?