Quantitative Research Associate

MFS Investment Management • Boston, MA

2d • Hybrid

About The Position

At MFS, the Quantitative Research Associate Program is designed to allow associates to become fully immersed in the investment management business by working in support of MFS' quantitative research, portfolio management, and investment risk management teams. The Quantitative Research Associates work with analysts and portfolio managers to research, develop and maintain stock selection models, proprietary software, risk management and portfolio construction processes. In addition, Quantitative Research Associates actively engage with the broader investment team to meet the team's analytical needs. The Quantitative Research Associate Program is designed to be a 3 - 4-year program, where incumbents generally will pursue graduate school or another opportunity inside or outside of MFS at the end of their term.

Requirements

• Bachelor's degree in a relevant field (e.g. Finance, Economics, Mathematics, Engineering, or other quantitatively oriented discipline).
• Proficiency in analytical languages such as R, Python, Matlab.
• Exceptional analytical and problem-solving skills and the ability to work independently on complex projects.
• Strong communication skills; both written and verbal.
• Attention to detail and commitment to accuracy.

Nice To Haves

• Proficiency in one or more of Java, C# and SQL preferred.
• Familiarity with financial data software such as Bloomberg or FactSet is a plus.

Responsibilities

• Work within quantitative research team on projects related to development of quantitative alpha models and/or the technology related to those models.
• Assist in the development and implementation of disciplined quantitative investment processes focused on alpha generation, portfolio construction and risk management.
• Address data and analytical requests from the investment department through active engagement and outreach.
• Effectively communicate results of processes and research within and outside of the quantitative group as appropriate.
• Assume additional projects and responsibilities as required.

Benefits

• 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: Entry Level