Research Associate (Structured Products)

Employer
MFS Investment Management
Location
Boston, USA
Salary
Competitive
Posted
15 Nov 2022
Closes
15 Dec 2022
Ref
16227408
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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.

What you will be responsible for: About MFS: In 1924 MFS Investment Management established the first mutual fund in the United States. Today, MFS offers a wide range of products and services to investors, including more than 70 mutual funds, fixed and variable annuities, separately managed accounts, and retirement plans to retail customers, institutional investors, and insurance offerings.

At MFS we hire talented individuals and allow them to work in an environment that fosters teamwork. We strive to make MFS a company where our employees can grow and succeed. While MFS provides a supportive work environment, we maintain high standards of accountability to ensure that employees meet our standards of excellence. We value intelligence and hard work. We value the perspective you bring. We will reward you for your good ideas, your work ethic, and your experience. We believe that our unique culture directly benefits our business.
About the Fixed Income Team : This department is responsible for the research, management and trading of all fixed income securities and the execution of all currency transactions. The Fixed Income Research Department has research analysts and associates who analyze the credit quality of issuers and issues being considered for purchase or currently held in the portfolios. They analyze industry factors, borrower fundamentals and debt structure issues. It is their responsibility to make buy-hold-sell recommendations based on the relative value of the security in the market place. About the Structured Team: The structured market consists of fixed income securities backed by assets ranging from auto loans to mortgages on commercial properties. The three primary sectors of the market are ABS (asset-backed securities), CMBS (commercial mortgage backed securities) and RMBS (residential mortgage backed securities) with a combined US market size of ~$7 trillion. The team consists of eight members, including portfolio managers, analysts, and traders. The group's primary responsibility is to seek investment opportunities across structured investments for fixed income portfolio mandates. Job Responsibilities :
  • Work closely with sector analysts to perform credit analysis of various structured product bond investments.
  • Analysis of sector fundamentals relevant to securities being reviewed
  • Analysis of macro and micro economic issues relevant the sectors being reviewed
  • Collect financial data and other relevant market information from databases, financial statements, and third party research to be utilized in the development of financial models and credit/investment reports
  • Assist analysts and portfolio managers in the understanding of the fundamental drivers of the assigned sectors and the implication of that data on the broader Fixed Income and Equity markets
  • Assume additional projects and responsibilities as required

Job Requirements:
  • All majors welcome with skills in critical thinking and analysis being key
  • Coursework in Finance, Accounting, Economics, or Statistics may be helpful but not required
  • Exceptional analytical skills, ability to gather and concisely compile large amounts of information
  • Ability to work independently on complex projects
  • Computer/modeling skills with Microsoft Excel, Word, PowerPoint, etc. a plus

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What we offer:
  • Generous time-off provided: including "Responsible time off" for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
  • Family Focus: Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
  • Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
  • Wellness Programs: Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
  • Life & Disability Benefits: Company-paid basic life insurance and short-term disability
  • Financial Benefits: 401(k) savings plan, Defined Contribution plan- 15% of base salary invested into the Plan, competitive total compensation programs


MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting .

This position will require individuals to be fully vaccinated against COVID-19 as part of their job responsibilities, unless MFS approves an exemption as an accommodation due to a medical condition or sincerely held religious belief. Submission of an exemption request does not guarantee that an exemption will be approved or that the request can be accommodated.
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 talent_acquisition@mfs.com for assistance.

MFS is an Affirmative 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. Please see the EEO is the Law document and Pay Transparency Nondiscrimination Provision , linked for your reference.

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