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 ROLE

Using strong investment and operational knowledge to perform hybrid duties for both the Portfolio Specialist & Trading Support teams. Provides 24-hour coverage to the investment teams performing a specialized set of duties related to the portfolio management, order entry process, as well as trade date matching of all asset classes. Based on instruction from the portfolio management team, the Lead Specialist will create and prepare equity, fixed income, derivative and currency trade orders for the Trading department. Upon execution of orders, the Lead Specialist will laisse with our approved counterparties to match trade details on trade date. The role requires monitoring of significant upcoming cash flows and account transitions while assisting in the implementation of any instruction provided by the investment teams.

WHAT YOU WILL DO

• Use MFS Proprietary Global Modeling tool to create cash management equity program order baskets which facilitate raising or spending cash, bringing portfolios in-line with a model fund, or loading a quantitative solutions transaction model, based on specific instructions received from the Portfolio Manager.
• Complete pre-trade workflow, including creating and modifying orders in the trading systems, navigating compliance reviews, and contributing to error checking.
• Acting with instructions, assist portfolio managers in order sizing and other support functions related to portfolio construction and order entry.
• Work in partnership with portfolio managers, analysts and traders to monitor holdings and to ensure accurate implementation of investment opportunities.
• Collaborate with departments/teams across the firm, including global investment support, compliance and others to assist with and drive process and strategic improvements for new account setup, account transitions, security setup and compliance rule tracking.
• Deepen understanding and streamline processing of client guidelines, investment management constraints, compliance constraints, client flows and quantitative factors that may be helpful to portfolio construction.
• Represent the portfolio management team on investment technology and investment operations project teams to improve workflow and technology efficiency.
• Develop a solid understanding of the investment strategies, trading patterns and styles and portfolioworkflows for the designated investment teams in order to enable excellent and tailored support to the portfolio management team, and to best support the principal responsibilities herein described.
• Use DTCC CTM as the primary matching platform to confirm all daily trading activity, including Cash (Equity and Fixed Income) and Derivative securities. Is responsible for all trade date matching duties on the day the trades are executed to ensure Straight Through Processing. Familiarity with the FX matching platform TradeNexus (GTSS) would be beneficial as would knowledge of electronic execution platforms such as Tradeweb, MarketAxess, Bloomberg EMSX, Virtu Wheel, FXALL, FXCONNECT.
• Assumes additional responsibilities as required.
• The standard working hours for this position are approximately 7:00 AM to 3:00 PM.