Equity Institutional Portfolio Manager

MFS • Boston, MA

14h • 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: Using discretion and judgment, serve as lead portfolio management representative for assigned products to internal and external clients. For the assigned strategies, take the lead role in strategically managing the business, partnering with distribution on investment-related client service and contributing to alpha generation. Act as a true investment professional who can credibly stand in for the portfolio managers with major institutional clients and consultants, retail due-diligence teams, large financial advisor audiences, etc.

Requirements

• Minimum 7-10 experience in the investment management business, work experience as an Institutional Portfolio Manager preferred.
• Experience working with institutional clients, consultants and managing portfolios preferred.
• Broad knowledge of the investment environment, economic trends, financial markets and competitive trends.
• In-depth knowledge of the US Equity markets in order to build credibility quickly and forge relationships throughout the organization.
• Strong presentation skills and communication skills, both written and verbal.
• High level of attention to detail; proactive and diligent in responding to business and client needs.

Nice To Haves

• MBA and/or CFA Charterholder preferred.

Responsibilities

• Establish a credible investment-based relationship with the applicable Portfolio Management group; serve as an integral member of the investment team.
• Articulate investment style and portfolio strategy effectively to all audiences.
• Position the portfolios with consultants, clients and prospects; be able to communicate not only the record, but also the “message.”
• Clearly articulate investment strategies and discuss specific holdings.
• Assume primary responsibility for portfolio management functions other than stock selection, including negotiating client guidelines for new accounts, management of cash in clone portfolios, management of customized portfolios (as well as internal and external marketing and client service as mentioned above).
• Maintain high level of proficiency on portfolio holdings and portfolio positioning by utilizing investment resources (analysts, portfolio managers, company meetings, industry conferences, etc.).
• Work with distribution channels to develop overall, long-term distribution strategy for each product (addressable markets/channels, key competitor analysis, market share and product capacity analysis, product profitability, required resources, etc.).
• Work with PMs to develop/define/refine investment philosophy and style.
• Develop materials (presentations, white papers) which validate style attributes.
• Identify and track metrics to monitor consistency of approach.
• Develop materials to help set appropriate client expectations and retain assets when style is out of favor.
• Provide regular investment updates (quarterly, annual) to distribution groups on performance attribution, significant transactions, and investment outlook.
• Contribute to investment team (as other portfolio managers do) by generating investment ideas, monitoring existing holdings, and managing risk by utilizing internal MFS fundamental and quantitative research, as well as attending company meetings, industry conferences, etc.
• Contribute to the firm's sustainability initiatives and communications with clients including providing detailed engagement examples illustrating MFS' integrated approach to material E,S,G issues with companies we invest in.

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: Senior