I-Banking Interview soon - Advise pls like, experience, interview, industry, business

Palantir

Hi all,
I'm in my 2nd year in a support role (ops) at a top tier i-bank. I now scored an opportunity to interview for a position as a first year analyst in i-banking (in either an industry vertical or M&A, all TBD). I graduated from a avg. joe accredited undergrad. business program in dec 08, and am a L3 candidate. All my full time previous work experience is Ops at this bank.

My questions are:

1. What will the IB interview be like? Pls provide sample questions, etc.

2. What do I want to stress in this interview / what qualities are they looking for)?

3. How should I feel about completing 2 years at the bank (although in ops) and then starting off as a 1st yr analyst all over again in IB?

4. Are the 1st 2 years really as brutal as they say? Pls provide details.

5. It's a 2 year program - what would my prospects be after completing 2 years of IB experience at top tier ibank?

Too many questions for one post I know, thanks for any help you can provide!