I applied online. The process took 1+ week. I interviewed at Schroders in Nov 2016
Interview
Online competency questions then online maths test - understanding graphs and manipulating data, was harder than expected. Then video interview where you recorded answers - wasn't too hard because only 4 questions, then an extra 2 minutes to say whatever you want. They responded to each stage within 2 days, which was oddly fast. I had to do a personality quiz after the video interview, and now I'm waiting for a reply.
Interview questions [1]
Question 1
What does the risk team do? Name 2 strengths and 2 weaknesses you have. Name some interests and how you pursue them.
I applied online. The process took 2 weeks. I interviewed at Schroders in Nov 2015
Interview
2 tests on numerical and logic, and then proceed to video interview. 6 questions, 2 mins prep and 2 mins for you to answer. You can only record once for each question, but they have a practice question which you can record unlimited times before starting, they so make sure the setup is acceptable before proceeding. I didn't get pass the video interview though, so no comments on assessment centre.