Fund Administration Co-op - Hybrid, 6 Months

MFS Investment Management; Boston (MA); Hybrid; USD 29,000 - 34,000; Full time

Benefits offered by this job

Hybrid work environment

Co-op program experience

Job summary

MFS Investment Management in Boston, MA offers a 6-month co-op program for undergraduate students. The role runs Monday–Friday, 35–40 hours per week with a hybrid work environment.

You will gain hands-on experience in fund accounting, payments, expense processing and regulatory reporting while supporting senior colleagues. Applicants should be pursuing a Bachelor's degree with a finance-related focus and possess strong analytical and Excel skills, along with good written and verbal communication

Qualifications

• Working toward a Bachelor's degree, preferably with a concentration in accounting or other related financial discipline.
• Experience or familiarity with MS Excel and financial data analysis.
• Good analytical, organizational, and written and verbal communication skills.

Responsibilities

• Instruct and coordinate payment instructions to external vendors to ensure payments are made timely and accurately.
• 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.
• Provide support and review of regulatory reporting requirements to financial reporting and legal departments.
• 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

Organizational skills

Written and verbal communication

Education

Bachelor's degree in progress

Tools

MS Excel

Job description

MFS Investment Management in Boston, MA offers a 6-month co-op program for undergraduate students. The role runs Monday–Friday, 35–40 hours per week with a hybrid work environment.

You will gain hands-on experience in fund accounting, payments, expense processing and regulatory reporting while supporting senior colleagues. Applicants should be pursuing a Bachelor's degree with a finance-related focus and possess strong analytical and Excel skills, along with good written and verbal communication