I applied online. The process took 1 week. I interviewed at Jefferies (New York, NY) in Dec 2015
Interview
Nice people, very friendly - did not ask any technical questions about compliance. Focused mostly on describing the nature of the job and the importance of the job. Don't know if it would be like that for all.
Overall, it was a good experience.
Interview questions [1]
Question 1
What do you know about a compliance department at an investment bank?