The process took 2 weeks. I interviewed at J.P. Morgan in Jan 2012
Interview
2 interviews, one in person, one on the phone. In person interview was very generic, but phone interview had regular "interview questions" that made me think. Office is very friendly, nice campus, but I didn't meet any of the other team members. Both interviews took about an hour.
I applied online. The process took 2 days. I interviewed at J.P. Morgan in May 2011
Interview
Very standard hiring process. First contact was from the recruiter doing the initial screening. From there, two phone interviews with the hiring manager and one of his direct reports. Lastly, I was brought in for three face-to-face interviews with managers of the operation I would be supporting.
Throughout all, there were standard canned interview questions, but the focus seemed more towards getting to know me and my background. Everyone was quite friendly and now that I have worked here for several months, that has remained true.