Went through two phone interviews. These are technical in nature, so be prepared to answer typical banking-type technical questions about valuation, modeling, etc. Also the typical why AT&T, why corporate development, why Dallas. After you pass the phone interviews, you will see the team in person for a round robin half day interview where you would talk to around 5-6 professionals in the group. Still some technical thrown in there, but highly dependent on the person.

I applied to the position through on campus interviewing. The initial screening interview was with one senior associate and one junior associate for about 30 minutes. They asked typical behavioral questions in the beginning and then asked some light technicals. Afterwards they allowed me to ask questions. The technicals were fairly standard and weren't meant to be difficult.