Business Systems Lead Engineer – Investment & Ops Technology

MFS • Boston, MA

13d • Hybrid

About The Position

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.

THE ROLE Apply sound judgment and discretion to address business challenges by analyzing processes and environments and leveraging technology across business units. Lead software development efforts throughout the lifecycle, focusing on advanced software creation while adhering to established standards and best practices. Serving as a technical and functional lead in an Agile environment for small to midsized projects, partnering with Business and Technology teams to deliver scalable solutions that support Portfolio Accounting, Security Master, Performance Measurement, Corporate Actions, Reconciliation, Cash & Collateral, and Investment Data Management initiatives. Establish, document, and enforce technical standards and best practices throughout all project phases. In collaboration with Product Owners, Analysts and Operations stakeholders, this role will deliver technical solutions to enhance and support Eagle Accounting, Performance and Reference Data modules integrating with various Investments and Operations applications such as CRIMS, SmartStream and CA SAAS. In addition, you will evaluate existing processes and technology to define and implement a scalable future target state for the highly customized fund accounting, performance measurement, pricing and security master processing functionalities. The ideal candidate possesses extensive Eagle technical expertise combined with strong investment operations and accounting knowledge. They will drive solution architecture, establish development standards, mentor team members, and lead complex initiatives from requirements through production implementation. This role is expected to provide leadership across multiple Agile teams while supporting strategic modernization efforts, Eagle upgrades, and operational efficiency initiatives.

Requirements

• Bachelor’s degree in computer science or related technical field, or equivalent experience
• Minimum 5-6+ years of experience in Financial Services supporting Operations, Trading or Investment systems
• Domain expertise in Trade Processing, Portfolio Accounting, Holdings Management, Corporate Actions Processing, Pricing & Valuation, and Security Master Reference Data.
• Knowledge of global settlement, payments, and reconciliation processes (e.g., T+1), including fails management, netting, and cash/collateral reconciliations across custodians, IBOR/ABOR, fund accounting, and counterparties
• Functional understanding and development experience with the Eagle suite of products - PACE database and STAR Accounting process.
• Strong development experience with Eagle Web Panel designer and Message Center rules configuration.
• Strong experience with data platforms (Snowflake, Oracle, Microsoft SQL Server)
• Experience working within a mature SDLC model, collaborating with BA, QA, and end users to deliver solutions
• Experience or familiarity with Microsoft AI ecosystem, including Azure OpenAI / Azure AI, Microsoft Copilot and Copilot Studio, and Power Platform (Power Apps, Power Automate, Power BI)
• Proven ability to analyze operational workflows and identify automation opportunities across Investment Operations processes
• Strong troubleshooting and analytical skills, with demonstrated ability to make independent decisions
• Excellent oral and written communication skills, with experience supporting front-office and operations stakeholders

Nice To Haves

• Experience in one or more development languages/platforms (Java, Python)
• Experience working in a continuous integration / CI-CD environment (preferably Azure DevOps or equivalent)
• Experience working with platforms such as Charles River, SmartStream, S&P Corporate Actions are a plus.
• Prior project experience with Data Strategies configuration in Eagle Reference Data Center and Rules configuration in Performance engine.

Responsibilities

• Lead projects from inception to completion, including interpreting business requirements, analyzing technical environments, mapping requirements to design, coding, debugging, and unit testing.
• Collaborate with business analysts and end users to evaluate business needs and select optimal technologies.
• Drive the adoption of AI and Copilot technologies to enhance solution quality and delivery efficiency.
• Stay current with emerging technologies and assist System Architects in evaluating and selecting new products.
• Provide technical guidance and mentorship to junior team members.
• Document code and processes to support system maintenance and facilitate knowledge transfer.
• Manage multiple tasks simultaneously and demonstrate a thorough understanding of software development lifecycle methodologies.
• Create and improve processes, examine workflows, and recommend ways to increase efficiency and standardize practices across projects.
• Provide ongoing process support, including on-call responsibilities.
• Participate in the development community of practice to promote innovation and best practices.
• Collaborate effectively with globally distributed teams.

Benefits

• competitive incentive bonus
• MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
• Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
• Education Assistance: Tuition reimbursement up to $8,000 annually
• Education Assistance: Access to discounted tutors and college coaches
• Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
• Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
• Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
• Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree