What are the responsibilities and job description for the Quant Research Associate position at MFS Investment Management?
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. BASIC PURPOSE: 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 through the development and maintenance of risk management and portfolio construction processes. Quantitative Research Associates participate in research projects aimed at the enhancement of quantitative research tools/systems, quantitative selection models, portfolio construction, and/or investment risk management. 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 2 - 4-year program, where incumbents generally will pursue graduate school or another opportunity inside or outside of MFS at the end of their term. PRINCIPAL RESPONSIBILITIES: Address data and analytical requests from the investment department through active engagement and outreach. Work within quantitative research team on projects related to development of quantitative alpha models and/or the technology underlying those subjects. Assist in the development and implementation of disciplined quantitative processes focused on alpha generation, portfolio construction and risk management. Effectively communicate results of processes and research within and outside of the quantitative group as appropriate. Assume additional projects and responsibilities as required. JOB REQUIREMENTS: Bachelor's degree in a relevant field (e.g. Finance, Economics, Mathematics, Engineering, or other quantitatively oriented discipline) or equivalent experience. Exceptional analytical skills, ability to gather and concisely compile large amounts of information. Strong problem solving skills and ability to work independently on complex projects. Strong communication skills; both written and verbal. Proficiency in Microsoft Excel and matrix based programming languages such as R, Python, Matlab preferred. Familiarity with financial data software such as Bloomberg or FactSet is a plus. Attention to detail and commitment to accuracy. #LI-HYBRID At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others. What we offer: 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 MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting. If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance. MFS is an Affirmative Action and Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document and Pay Transparency Nondiscrimination Provision, linked for your reference. For almost a century, investors around the world have trusted MFS to achieve their investment goals. Since 1924, when our founders invented the mutual fund, collaboration, a long-term focus and skilled active research have fueled our success. As a leading global investment manager, we hire employees who share our values, align with investors who share our long-term philosophy, and always act in the best interest of our clients. Click the link below to return to Job Search Home Page: https://mfs.wd1.myworkdayjobs.com/MFS-Careers
Experience (Quant) Research, Senior Associate
JPMorgan Chase -
Columbus, GA
Quant Research Internship
Blockhouse -
New York, NY
Research Associate
Murphy Research -
Santa Monica, CA