MFS Investment Management · 9 hours ago
Fund Administration Co-op
Boston
Full-time
Hybrid
New GradMFS Investment Management is a global investment management firm focused on creating long-term value responsibly. The Fund Administration Co-op role provides participants with a meaningful work experience while assisting in payment instructions, monitoring asset-based fees, and supporting regulatory reporting requirements.
EducationHigher EducationVenture Capital
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. Items monitored include 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
Qualification
Required
Working toward a Bachelor's degree, preferably with a concentration in accounting or other 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
Benefits
Co-Op New Hire Orientation
Senior Leadership Speaker Series
Social & Networking Events
Presentation Challenges
Hybrid work environment
Company
MFS Investment Management
Massachusetts Financial Services Company is a privately owned investment manager. The firm also provides retirement planning, college It is a sub-organization of Sun Life U.S..
Founded in 1924
1001-5000 employees
H1B Sponsorship
MFS Investment Management has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2023 (4)
2022 (1)
2021 (2)
2020 (7)
Funding
Current Stage
Late StageTotal Funding
unknown1982-01-01Acquired
Leadership Team
Barnaby Weiner
Head of Sustainability and Stewardship
Recent News
Company data provided by crunchbase