I applied online. The process took 3 weeks. I interviewed at Operis (City of London, England) in Mar 2012
Interview
First round interview involved a surprise essay: choose one topic to write about for a half hour from a selection. Followed by a series of motivational questions and mathematical brainteasers (many available online, the most comprehensive selection I found were under "Jane Street" interviews on Glassdoor!)
Second round involved preparing and presenting a financial model from a given case study (provided a week prior to the interview). Further clarifications of details related to the model and mathematical brainteasers. This was followed by an informal meet with current analysts.
Both interviews were 1:2.
Interview questions [1]
Question 1
What can an investor do to offset the exposure to oil price volatility which this project has?
I applied through a recruiter. The process took 3 weeks. I interviewed at Operis (City of London, England) in Jan 2009
Interview
First, you are interviewed by a HR person and a member of the relevant team, in my case the financial modelling team. They ask you a few mathematical puzzles and questions about your CV.
If successful, they invite you for another interview, this time, they will send you the details of a prject for you to perpare a presentation, with cash-flows and analysis for a client recommendation.
Expect to be question on every decision you make on the way you analyse the different secenarios and get technical. This interview is conducted by a sr manager and a technical member of the team.
At the end there's an informal drinks ocassion.
Interview questions [1]
Question 1
The business case was a bank, seeking advice from us whether to support an oil company for field exploration. You are given the num. of barrels per day expected and the costs of running the fields, but not much else.
