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GDS Distribution Support Intern

MFS Investment Management
United States, Massachusetts, Boston
Sep 30, 2024

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.

Distribution Support Intern

MFS is a premier investment management firm with a rich history and a growing global reputation. Since 1924, when our founders invented the mutual fund, collaboration and innovation have fueled our success. When you join our team, you will be challenged by the work you do, and you will share your talents with a vibrant network of vested individuals to create an elite organization and build a rewarding career.

This Intern experience provides participants with a meaningful, relevant work experience as part of their academic studies. In addition to daily responsibilities, participants will have the opportunity to participate in a series of structured activities designed to enhance their learning experience including:

  • Intern New Hire Orientation
  • Senior Leadership Speaker Series
  • Social & Networking Events
  • Presentation Challenges

At the conclusion of this position, interns will have increased their knowledge of investing, the mutual fund industry, employee engagement, and a firm understanding of how sales works at an asset manager.

The MFS Summer Internship program is a 10-12-week program, starting June 3rd and ending on August 8th. Students work full-time, Monday through Friday, 35- 40 hours per week and are paid hourly. All applicants must be authorized to work in the United States. Internships are open to students who are rising seniors (class of 2026).

Principal Responsibilities

At MFS, the Global Distribution Solutions department collaborates with business partners to support the sale of MFS products and services. An essential component of GDS is housed under the Risk & Regulatory team, which is responsible for:

  • Demonstrating MFS' compliance to financial regulations to support corporate governance
  • Conducting risk assessments for certain MFS products and creating business continuity plans
  • Maintaining inventory of records that describe policies, business decisions, and transactions
  • Creating, communicating, and updating procedures and controls to maintain compliance within MFS while facilitating internal audits
  • Maintaining the integrity of distribution documentation
  • Confirming financial commitments made by MFS have been given the necessary consideration and have the relevant authorizations.

These responsibilities improve MFS' strategic and tactical approach to distribution effectiveness.

The summer intern may work on projects relating to risk assessment, procedure writing and process controls. Work on reviewing and updating records, private inventories, and business continuity processes. As well as non-cash compensation projects and projects relating to our distributors, including, strategic alliance projects, payments, and contract discussions.

Qualifications
  • Seeking students with a strong interest in financial services, ideally in sales and marketing. Creativity, flexibility, and a sincere interest in learning are highly valued.
  • Strong Excel and PowerPoint skills.
  • Team-oriented, yet able to work independently, providing simultaneous support to several individuals.
  • Strong communication, organizational and interpersonal skills, with a keen attention to detail.
  • Must be extremely adaptable and resourceful, and able to thrive in a fast paced environment.

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.

#LI-HYBRID

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.

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