MFS Investment Management · 10 hours ago
Fund Treasury Risk and Internal Controls Co-op
Boston
Full-time
Hybrid
New GradMFS Investment Management is a global investment management firm focused on creating long-term value responsibly. The Fund Treasury Risk and Internal Controls Co-op role offers a meaningful work experience, assisting in risk management and internal control initiatives while learning about the mutual fund industry.
EducationHigher EducationVenture Capital
Responsibilities
Learns and applies internal control techniques with respect to Fund Treasury business processes
Assists in identifying the key control points of a system or operational process to ensure that procedures are developed completely, accurately, and in accordance with MFS standards
Learn to effectively evaluate, document, and/or flowchart business processes with a focus on identifying key risks and controls
Maintain procedures and internal control documentation in DIVA, MFS' proprietary multi-functional database
Instruct and coordinate payment instructions to external vendors to ensure payments are made timely and accurately
Assists in preparation and monitoring of asset based fees, expense caps, fund expense ratios, expense budgets, and prepares additional deliverables as needed
Participate in a wide range of projects related to risk and internal control and/or fund accounting & custody oversight functions
Support Accounting Oversight with various ad hoc projects and calculations of fund distributions
Qualification
Required
A strong interest and willingness to learn about the financial services industry, particularly mutual funds, securities, and compliance
A strong interest and willingness to learn and apply skills relating to internal control frameworks, the risk assessment process, as well as policy and procedure analysis and/or development
Solid analytical, organizational, written and verbal communication skills
Preferred
Familiarity with the Sarbanes-Oxley Act (Section 302) helpful
Familiarity with service organization control reports (SOC 1, SOC 2) helpful
Company
MFS Investment Management
Massachusetts Financial Services Company is a privately owned investment manager. The firm also provides retirement planning, college It is a sub-organization of Sun Life U.S..
Founded in 1924
1001-5000 employees
H1B Sponsorship
MFS Investment Management has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2023 (4)
2022 (1)
2021 (2)
2020 (7)
Funding
Current Stage
Late StageTotal Funding
unknown1982-01-01Acquired
Leadership Team
Barnaby Weiner
Head of Sustainability and Stewardship
Recent News
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