Internal Audit Co-op Spring 2027 (January - June)

Massachusetts Financial Services Company; Boston (MA); Hybrid; USD 52,349,000 - 63,370,000; Part time

Benefits offered by this job

Co-Op Orientation

Leadership Series

Networking Events

Presentation Practice

Job summary

Massachusetts Financial Services Company (MFS) invites undergraduates to join our Internal Audit Co‑op for a 6‑month program, typically 35–40 hours per week. The role runs Jan 13 through June 25, 2027, and offers hands‑on audit experience across business units within an asset manager.

Reporting to an Internal Audit Manager, you will assist in testing, documentation and scheduling of meetings, while participating in leadership series and networking events.

Qualifications

• Excellent communication and listening skills.
• Strong analytical and problem-solving abilities.
• Detail-oriented with organizational skills.
• Ability to manage multiple tasks within deadlines.

Responsibilities

• Assist in audit testing and documentation.
• Support audit engagements per testing program.
• Prepare testing records and summarize results.
• Participate in meetings with business units.
• Assist in coordinating internal audit activities.
• Contribute to ongoing audit projects as assigned.

Skills

Communication skills

Analytical thinking

Attention to detail

Time management

Team collaboration

Job description

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.

Internal Audit Co-op

MFS is a global investment management firm focused on creating long-term value responsibly by doing what's right for our clients every day. Our rich history dates to 1924, when our founders invented the mutual fund. Since then, collaboration and innovation have fueled our success. Our unwavering commitment to finding the best, most durable investment opportunities is what sets us apart - and our success is grounded in our unique approach, disciplined philosophy and collaborative culture.

THE ROLE

Joining our team provides opportunities to share your voice and talents, tackle challenging problems, create solutions and collaborate with dedicated co‑workers. This Co‑op experience provides participants with a meaningful, relevant work experience as part of their academic studies. This role offers a unique opportunity to learn about and work with many of the business units that come together within an investment management company. In addition to daily responsibilities, participants will have the opportunity to participate in a series of structured activities designed to enhance their learning experience including:

• Co-Op New Hire Orientation
• Senior Leadership Speaker Series
• Social & Networking Events
• Presentation Challenges

At the conclusion of this position, co‑ops will have increased their knowledge of investing, the mutual fund industry, employee engagement, and a firm understanding of how the Internal Audit process works at an asset manager.

MFS co‑op positions are a 6‑month commitment, working Monday - Friday (beginning on Wednesday, January 13th through Friday June 25th, 2027), and work between 35-40 hours. Our program is designed for undergraduate students who are currently enrolled in a co‑op program through their college or university and can meet our requirements.

Reporting Relationship

This position reports to an Internal Audit Manager. During the course of audit assignments, the Internal Audit Co‑op will work under the direction and guidance of an Audit Manager and/or, Senior Internal Auditor.

Job Summary

Under the guidance of the audit manager and/or Senior Internal Auditors, the Internal Audit Co‑op provides essential assistance during internal audit projects, contributing to the completion of specific tasks within the overall scope of an audit engagement.

WHAT YOU WILL DO

Specific responsibilities include, but are not limited to:

• Assisting in the performance of audit testing and related work on assigned segments of audit engagements.
• Assisting in performing audit engagements in a professional manner in accordance with the approved audit testing program.
• Preparing testing documentation that records and summarizes the results of assigned audit tests.
• Participating in preliminary discussions of audit observations with business unit personnel to validate details, as necessary.
• Performing periodic monitoring procedures to validate completion of Internal Audit related tasks.
• Coordinating periodic internal audit related committee meetings, including the preparation of meeting materials.
• Attending meetings to learn about Internal Audit topics and projects.
• Assisting in scheduling and participating during meetings with internal and external business partners.
• Other tasks/projects as requested.

WHAT WE ARE LOOKING FOR

• Strong written and oral communication skills, including effective listening skills.
• Excellent analytical and problem solving skills with strong attention to detail and organization.
• Ability to organize, prioritize, manage and complete multiple concurrent tasks within established time‑frames.
• Meeting objectives and deadlines consistently.
• Ability to work effectively with others to achieve team goals.

Hourly Pay Rate: $21.00-$25.00

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 [e-mail] for assistance.

MFS is an 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, linked for your reference.

#LI-HYBRID

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 [e-mail] for assistance.