Fund Admin Co-op — Hybrid, $21–$25/hr

MFS International Australia Pty Ltd; Boston (MA); On-site; USD 29,000 - 34,000; Full time

Benefits offered by this job

Hybrid work environment

Structured co-op program

Networking events

Job summary

MFS is offering a co-op position designed for undergraduate students enrolled in a co-op program. The role emphasizes learning about investing, mutual funds, and fund treasury operations within a global asset manager.

The 6-month program runs Monday–Friday from January 13, 2027 to June 25, 2027, totaling 35–40 hours per week. It provides structured activities and a bridge to professional development in finance.

Qualifications

• Bachelor's degree, preferably in accounting or related financial discipline.
• Experience working in a diverse environment where production, controls, and deadlines are required.
• Good analytical, organizational, and written and verbal communication skills.
• Experience or familiarity with MS Excel.

Responsibilities

• Instruct and coordinate payment instructions to external vendors to ensure timely payments.
• Prepares and monitors asset-based fees, expense caps, fund expense ratios, expense budgets, and prepares additional deliverables as needed.
• Provides securities lending oversight by reviewing daily reports from lending agents including collateral levels, approved borrowers, and lending limitations.
• Provide support and review of regulatory reporting requirements to financial reporting and legal departments surrounding financial statement and prospectus filings.
• Discusses fund accounting issues with supervisors and custodian bank personnel if needed.
• Assist in the preparation of product initiative documentation surrounding fund and share class mergers, launches and closings and in-kind transactions.

Skills

Analytical skills

Organizational skills

Written and verbal communication

Education

Bachelor's degree in accounting or related financial discipline

Tools

MS Excel

Job description

MFS is offering a co-op position designed for undergraduate students enrolled in a co-op program. The role emphasizes learning about investing, mutual funds, and fund treasury operations within a global asset manager.

The 6-month program runs Monday–Friday from January 13, 2027 to June 25, 2027, totaling 35–40 hours per week. It provides structured activities and a bridge to professional development in finance.