Equity Research Analyst — REITs

MFS Investment Management • Boston, MA

2d • Hybrid

About The Position

MFS is seeking an experienced Equity Research Analyst to join its investment team, focusing on Real Estate Investment Trusts (REITs). The role conducts fundamental research, develops differentiated investment insights, and makes stock recommendations for MFS portfolios. The ideal candidate has buy-side or sell-side experience, a passion for real estate investing, and a strong understanding of real estate fundamentals and public equity valuation.

The analyst researches publicly traded REITs; develops and maintains financial models, valuation frameworks, and investment theses; and evaluates company financials, property portfolios, capital structures, management teams, competitive positioning, and sector trends. The role engages with company management teams, industry experts, analysts, and other market participants, and communicates investment views to portfolio managers and investment teams through written research, presentations, and discussions. The analyst monitors holdings and industry developments and collaborates across sectors with analysts and portfolio managers.

Requirements

• At least 5 years of equity research experience on the buy side or sell side, preferably covering REITs, real estate, financials, or related sectors.
• Demonstrated passion for real estate investing and public equity markets.
• Strong financial modeling, valuation, accounting, and analytical skills.
• Ability to develop differentiated investment insights supported by rigorous research and data analysis.
• Excellent written and verbal communication skills, including the ability to explain complex investment ideas clearly.
• Strong judgment, intellectual curiosity, and a disciplined approach to evaluating risk and reward.
• Ability to work collaboratively with portfolio managers and investment colleagues in a team-oriented environment.
• Undergraduate degree required.

Nice To Haves

• Coverage experience in REITs, real estate, financials, or related sectors.
• Advanced degree in finance, business, real estate, economics, or a related field.

Responsibilities

• Conduct in-depth fundamental research on publicly traded REITs.
• Develop and maintain detailed financial models, valuation frameworks, and investment theses.
• Analyze company financials, property portfolios, capital structures, management teams, competitive positioning, and sector trends.
• Meet regularly with company management teams, industry experts, analysts, and other market participants.
• Generate actionable stock recommendations for MFS portfolios, including buy, hold, and sell recommendations.
• Communicate investment views to portfolio managers and broader investment teams through written research, presentations, and discussions.
• Monitor existing holdings and relevant industry developments, including earnings, transactions, macroeconomic trends, interest rates, and real estate market fundamentals.
• Collaborate with analysts and portfolio managers to assess cross-sector implications and broader market opportunities.

Benefits

• Competitive incentive compensation based on individual and company performance.
• MFS contributes an amount equal to 15% of base salary to a retirement account separate from the company-sponsored 401(k).
• Education assistance: $100 monthly contribution toward loan payments, up to a $10,000 lifetime maximum.
• Tuition reimbursement up to $8,000 annually.
• Access to discounted tutors and college coaches.
• Generous time off and fully paid leaves, including 20 weeks for maternity leave and 12 weeks for parental and caregiver leaves.
• Choice of medical and dental plans and an employer contribution to a Health Savings Account.
• Tax-deferred commuter benefits and flexible spending accounts for medical and dependent care.
• Wellness programs, including wellness webinars, an employee assistance program with a mental health focus, and a subsidized fitness benefit via Wellhub.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior