Treasury Risk & Internal Controls Co-op (Hybrid)

MFS Investment Management; Massachusetts; Hybrid; USD 29,000 - 34,000; Full time

Benefits offered by this job

Hybrid work environment

Co-op internship program

Job summary

MFS Investment Management offers a structured co-op experience designed for undergraduate students enrolled in a co-op program. The role exposes you to risk management, internal controls, and fund accounting in a supportive team environment.

Responsibilities include learning internal control techniques, documenting controls, and supporting vendor payments and expense analyses within a hybrid work setting (remote/onsite). The program runs six months.

Qualifications

• Undergraduate student enrolled in a co-op program.
• Interest in the financial services industry and mutual funds.
• Strong analytical, organizational and communication abilities.
• Familiarity with Sarbanes-Oxley (SOX) helpful.
• Familiarity with service organization control reports (SOC 1, SOC 2) helpful.

Responsibilities

• Learn internal control techniques within Fund Treasury processes.
• Identify key control points to ensure procedures meet MFS standards.
• Document and flowchart business processes focusing on risks and controls.
• Maintain procedures and internal control documentation in DIVA.
• Coordinate payment instructions to external vendors for timely payments.
• Assist in budgeting, expense ratios and fund distributions calculations.
• Participate in risk/control and fund accounting/custody related projects.

Skills

Analytical skills

Organizational skills

Written & verbal communication

Interest in financial services

Education

Undergraduate student in coop program

Tools

DIVA database

Job description

MFS Investment Management offers a structured co-op experience designed for undergraduate students enrolled in a co-op program. The role exposes you to risk management, internal controls, and fund accounting in a supportive team environment.

Responsibilities include learning internal control techniques, documenting controls, and supporting vendor payments and expense analyses within a hybrid work setting (remote/onsite). The program runs six months.