The first step is usually an online coding assessment on platforms like CodeSignal or HackerRank, consisting of two to three challenging problems under strict time limits. Candidates are expected to write efficient, well-optimized code, and incomplete or partially correct solutions are typically not accepted.

talked to head of fixed income, he didn't seem knowledgeable. he had no idea of market events, he did not know about liquidity in fixed income products other than futures

First round technical question on probability, then debug the corresponding simulation code. Second round first develop an optimal strategy in a game with dice, then live coding to validate the optimal strategy.