Application, numerical test, telephone interview then AC. At AC: case study, presentation, numerical test, a group exercise and 2 interviews. Interviews were fairly easy (why do you want to join BAML, tell me about yourself and your greatest achievement and competency Qs). Case study was most difficult part.

I did an online application (basic info, some competency questions), invited immediately to an online test (basic maths). I then had a phone interview with a VP from the Credit Risk division - fairly friendly and asked some straightforward competency questions, following on from my CV and application answers. Moved on to some slightly more technical questions. I've been invited to an Assessment Centre.