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.

The Control Department supports the execution, reconciliation and payment of fund level dividend and capital gains distribution events as well as all commissions paid to intermediaries that sell MFS funds. The group also supports daily pricing activity to ensure the shareholder recordkeeping system has been updated each business day. Additional responsibilities include identifying and analyzing mutual fund share differences and taking appropriate corrective action to ensure the transfer agent records reconcile to the custodian banks.

Principal Responsibilities

• Reconcile payment of Weekly and Trail commissions. Submits and monitors related SS&C jobs and resolves discrepancies.
• Initiate and reconcile all fund distribution events for shareholders and custodian banks.
• Responsible for updating and maintaining all system settings and functionality of the SS&C systems related to Dividends and Commissions.
• Responsible for all audit documentation provided to both internal and external audit firms.
• Acts as a liaison with each Custodian Bank and other financial institutions.
• Serves as a resource to management for complex issues and problem resolution. Communicates with internal departments to expedite the resolution to increase efficiency and improve customer services.
• Manages non-periodic tasks to ensure that all deliverables are met on-time. Provides subject matter expertise for assigned functions, including participating in projects with an impact on assigned functions..
• Ensures Internal Control Matrix and departmental procedures are maintained and updated.
• Displays project management skills that require long term planning and communication with all stakeholders.
• Supports the mutual fund pricing process as an afterhours contact for problem resolution as needed. This can be done from home, does not require you to be in office and has a rotation amongst the team.
• Trains, advises, and assists team members with department functions and problem resolution.
• Utilizes Microsoft Office products and vendor applications to perform reconciliations, prepare reports to resolve discrepancies for department tasks to ensure consistent delivery of quality service to clients.
• Performs additional duties as requested.

Qualifications

• Bachelors degree preferred or equivalent experience.
• 3-4+ years of industry experience preferred.
• Ability to interact with individuals at all organizational levels.
• Ability to work independently, manages multiple projects, and prioritizes work.
• Strong analytical and decision making skills.
• Strong written/oral communication skills.
• In-depth knowledge of Microsoft Office products.

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At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

• 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

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

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 Know Your Rights: Workplace Discrimination is Illegal document and Pay Transparency Nondiscrimination Provision, linked for your reference.