I applied online. The process took 2 weeks. I interviewed at Vanguard (Charlotte, NC) in Nov 2013
Interview
Phone interview followed by an interview on site. The interview consists of a case study/situational question. There are also questions that are in the STAR format, situation, task, action and result. Many questions about tell me a time when... tell us a time where you had to... etc etc. Asked about current market news you were following and what interests you about finance.
Interview questions [1]
Question 1
Tell us a time when you had to work with a difficult teammate and how did you overcome this obstacle.