Summer 2027 Enterprise Risk Management Intern (June-August)

Massachusetts Financial Services Company; Boston (MA); Hybrid; USD 29,000 - 34,000; Full time

Job summary

Massachusetts Financial Services Company (MFS) offers a Summer Internship in the LCERM Enterprise Risk Management team. The program runs 10-12 weeks, starting June 9, 2027, and ending August 13, 2027. Interns work full-time (35–40 hours/week) and are paid hourly.

All applicants must be authorized to work in the United States, with rising seniors (class of 2028) eligible. The role supports risk technology implementation, materials development for risk updates, process analysis, and testing for

Qualifications

• Attention to detail is essential for monitoring risk processes.
• Excellent written and verbal communication is required.
• Ability to manage multiple tasks and projects effectively.

Responsibilities

• Assist in implementing risk technology to enhance processes.
• Develop materials for enterprise risk updates.
• Analyze existing processes to streamline workflows and improve controls.
• Review and track operational risk events for accurate reporting.
• Support risk control self-assessment and audits with potential improvements.
• Contribute to a major project by testing in UAT and creating documentation.

Skills

Attention to detail

Written & verbal communication

Task management

Multitasking

MS Teams

MS Word

MS PowerPoint

MS Excel

MS Outlook

Tools

MS Teams

MS Word

MS PowerPoint

MS Excel

MS Outlook

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.

MFS is a premier investment management firm with a rich history and a growing global reputation. Since 1924, when our founders invented the mutual fund, collaboration and innovation have fueled our success. When you join our team, you will be challenged by the work you do, and you will share your talents with a vibrant network of vested individuals to create an elite organization and build a rewarding career.

This internship experience provides participants with a meaningful, relevant work experience as part of their academic studies. 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:

• Intern New Hire Orientation
• Senior Leadership Speaker Series
• Social & Networking Events
• Presentation Challenges

At the conclusion of this position, interns will have increased their knowledge of the mutual fund industry, various processes within, principles of and approaches to risk management.

The MFS Summer Internship program is a 10-12-week program, starting June 9th, 2027, and ending on August 13th, 2027. Students work full-time, Monday through Friday, 35-40 hours per week and are paid hourly. All applicants must be authorized to work in the United States. Internships are open to students who are rising seniors (class of 2028).

MFS is a hybrid work environment (with 2 remote days and 3 on-site days) unless otherwise stated in the job posting.

THE ROLE

The LCERM team is responsible for operations of the division and is actively involved in technology and process improvement across the division. Our staff members interact with many groups across the company as well as within the various departments of our division. The intern in this position will assist the LCERM Enterprise Risk Management (ERM) team with the following:

WHAT YOU WILL DO

• Assist in the implementation of risk technology solutions to enhance risk processes.
• Assist in the development of materials for risk updates across the enterprise.
• Assist in the analysis of existing processes, looking for ways to streamline the workflow and/or improve process controls.
• Assist in the review, analysis and tracking of operational risk events reported to ERM to ensure accurate reporting.
• Assist in a variety of operational areas, including risk control self-assessment review, audit controls, etc., and help develop or suggest potential improvements in same.
• Work on an aspect of a significant project, participating as an active tester on the UAT phase and/or developing documentation and controls for same.
• Assume additional responsibilities as requested.

WHAT WE ARE LOOKING FOR

• Proven attention to detail and strong organizational skills.
• Strong written and verbal communication.
• Ability to manage multiple tasks and projects effectively and efficiently.
• Working knowledge of computer-based programs including MS Teams, and MS Office Suite (Word, PowerPoint, Excel, Outlook).

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 Affirnitive 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.

#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.

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.