At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters - to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

Using discretion and judgment and following established procedures, the RetailTrade Operations Specialist ensures that all trade implementation and execution for Retail SMA (Separately Managed Accounts)Manager traded and Model Delivery accounts (across a variety of platforms and investment strategies) are handled both accurately and timely and that financial, reporting, and trading records for Retail SMA clients are properly maintained; that proper internal controls are in place; that procedures are in place and followed consistently.

When safe to do so, according to local government guidelines, MFS will adopt a hybrid model of working, where employees will be based 2-3 days per week at home and 2-3 days in the office. Employees are currently working from home.

Principal responsibilities

• Provides trading expertise to support the end-to-end implementation of Model Portfolio changes for Retail SMAManager traded and Model Delivery programs which includes order generation and execution, dissemination of model changes in a rotation and quality controls

• Ensures individual SMA (Separately Managed Accounts) client directed requests such as new account inceptions, terminations, rebalances and complex tax harvesting requests are executed timely and accurately via Fix Connections, Sponsor Trading Desks, and a variety of Trading Platforms. Performs a variety of controls to validate and monitor activity and handle any trading or settlement issues that may arise

• Responsible for working with both the RPA and Intelligent Automation team and sponsor firms to automate and create both import templates and reconciliation reports for Model Delivery firms to mitigate risk during model change days

• Collaborate with other MFS departments and functional areas such as Equity Trading, Legal, Compliance, Corporate Actions, Information Technology, Sales and Marketing, as well as Wholesalers, Sponsors, Third-Party Custodians, and other entities with whom we do business to ensure cooperative effort, smooth communication of issues, and positive perception of MFS

• Monitor proper internal controls and make recommendations for improvement to seniormanagement when necessary; assure that trading procedures are documented, current, and consistently followed

• Assist in the implementation of and training on third party proprietary trading systems. Collaborate with internal IT Departments to test, update, and implement any new trading technology or any sponsor directed initiatives

• Maintain clear and concise communication channel between the SMA Team and Portfolio Management. Develop and maintain working relationship with members of both the Quantitative Solutions Team and Equity Trading Desk to provide feedback on, but not limited to, cash levels,fee's, models changes, step-outs, Corporate Actions, Model Delivery, Order Generation scenarios and or Sponsor Firm questions

• Provide coverage for both the SMA Oversight and Sales Data Management Teams when called upon or during extra capacity time

• Assist in the research, documentation, and resolution of any trade errors caused by the Sponsor Firm, Service Providers, or MFS and prepare recommendations for procedural changes if needed to avoid future errors

• Assist in the implementation of new sponsor relationships, products, and maintenance of existing relationships. Build towards becoming a SME for RFPs, due diligence questionnaires, and industry and regulation changes.Help to research, compile, and organize data for these various deadlines driven requests

Job requirements

• Four-year college degree or equivalent work experience

• Preferred 3 years trading and administrative experience in the operation of a mutual fund, broker/dealer or asset management firm or a bank specializing in the custody, accounting and administration of pools of assets or mutual funds

• Ability to work with all levels of the organization

• Strong attention to detail and Strong analytical skills

• Prior experience with Investcloud APL preferred.

• Prior experience with Vestmark and CRIIMS trading applications preferred

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• Generous time-off provided: including "Responsible time off" for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
• Family Focus: Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
• Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
• Wellness Programs: Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
• Life & Disability Benefits: Company-paid basic life insurance and short-term disability
• Financial Benefits: 401(k) savings plan, Defined Contribution plan- 15% of base salary invested into the Plan, competitive total compensation programs

During the Covid pandemic, MFS Employees are currently working from home. When safe to do so and in accordance to local government guidelines, MFS will be a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

This position will require individuals to be fully vaccinated against COVID-19 as part of their job responsibilities, unless MFS approves an exemption as an accommodation due to a medical condition or sincerely held religious belief. Submission of an exemption request does not guarantee that an exemption will be approved or that the request can be accommodated.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email for assistance.

MFS is an Affirmative Action and Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the EEO is the Law document and Pay Transparency Nondiscrimination Provision, linked for your reference.