Trading Operations, Senior Specialist

MFS Investment Management • Boston, MA

273d • 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 Trading Ops Specialist team works with the trading/investment department to perform a specialist set of duties related to trade matching and sell side inquiries. As a global team, Global Trade Solutions team is responsible for the trading systems' data integrity, order entry monitoring, trade date matching, internal & external reporting, preparation of documentation and execution of internal control reviews that mitigate process risk. Using knowledge and experience, the Trading Operations Sr. Support Specialist acts to fulfill these responsibilities across their assigned desks.

Requirements

• Bachelor's Degree or equivalent experience.
• 2-5+ years financial services experience.
• Strong organizational, interpersonal and communication skills.
• Personal initiative/problem solving skills/strong attention to detail.
• Ability to cover off-hour shifts when needed.

Nice To Haves

• 1-2 years in a trading type environment preferred.
• Specific investment management front office knowledge preferred.
• Familiarity with municipal instruments and derivatives preferred.
• Knowledge of Charles River Trading Systems, or similar trading platform functionality preferred.
• Knowledge of electronic trade date matching using CTM or similar industry trade matching platform preferred.
• Familiarity with Tableau and/or other data visualization software a plus.
• Familiarity with Python and/or other coding application software a plus.

Responsibilities

• Performs trade date matching of equity, fixed income and derivative trades utilizing CTM, Heliograph, and other industry applications.
• Manages matching of MFS trade details with the counterparty on trade date working with various US and Non-US brokers.
• Handles all inquiries into the trading desk from sell side broker operations and sales offices, MFS Operations (trade settlements, pricing, and performance groups) and MFS Compliance.
• Ensures data integrity within the trading/investment systems.
• Drives the preparation and review of Director of Trading reporting and other risk mitigation reporting packages on a daily, monthly, quarterly and semiannual basis to identify, rectify, and escalate anomalies.
• Collaborates with departments/teams across the firm, including global investment technology support, compliance and others to assist with and drive process improvements for new account setup, account transitions and security setup.
• Represents the Global Trade Solutions team on investment technology and investment operations project teams to improve workflow and technology efficiency.
• Monitors a variety of system checks to ensure data accuracy within the Trading and accounting systems throughout the trade lifecycle.
• Develops a solid understanding of the investment strategies, and trading patterns for the designated investment and trading teams.
• Performs additional duties as requested.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree