MFS  Investment Management

Senior Consultant - Compensation

MFS Investment Management$110K — $158K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related area.
  • 6-8+ years of experience in compensation, financial analysis, or closely related analytical disciplines.
  • Strong analytical capability using market data and analytics for recommendations.
  • Ability to synthesize complex information into actionable insights.
  • Strong communication, organizational, and stakeholder management skills.
  • Advanced Excel skills for complex modeling and analysis.

Responsibilities

  • Own and lead complex compensation programs and processes independently.
  • Evaluate issues and develop solutions aligned with MFS's Compensation Philosophy.
  • Leverage compensation analytics and market data to assess program effectiveness.
  • Interpret data to provide insights for compensation decisions and planning.
  • Consult with HR, Finance, and stakeholders on compensation guidelines.
  • Ensure execution of compensation programs with appropriate governance and controls.
  • Continuously improve compensation processes and workflows.

Benefits

  • MFS contributes 15% of your base salary to your retirement account.
  • Monthly education assistance contributing up to $10,000 lifetime maximum.
  • Tuition reimbursement up to $8,000 annually.
  • Generous time off including 20 weeks for maternity and 12 weeks for parental leaves.
  • Choice of medical and dental plans with employer contributions to health savings account.
Full Job Description
THE ROLE

Using discretion and judgment, provides advanced compensation expertise, analytics, and consultation to support MFS's business and talent objectives. Owns complex compensation workstreams or capabilities, translating data, policy, and market insights into clear recommendations and decision-ready guidance. Partners closely with Compensation leadership, HR, Finance, and other stakeholders to ensure compensation programs and practices are effective, consistent, and aligned with MFS's Compensation Philosophy.

WHAT YOU WILL DO
  • Owns and leads complex compensation programs, processes, or functional capabilities (e.g., market data, governance, annual planning, partnering standards), operating independently within established frameworks.
  • Applies deep compensation knowledge to evaluate issues, identify risks, and develop practical, value-added solutions aligned with MFS's Compensation Philosophy.
  • Leverages compensation analytics and external market data to assess competitiveness, internal equity, and program effectiveness.
  • Interprets data and trends to develop insights, scenarios, and recommendations that inform compensation decisions and planning.
  • Provides senior-level consultation to HR partners, Finance, and business stakeholders on compensation matters, including interpretation of guidelines and application of market data.
  • Ensures compensation programs and processes are executed with appropriate controls, documentation, and governance to support consistency, auditability, and risk management.
  • Continuously evaluates compensation processes, tools, and workflows to improve efficiency, quality, and scalability.
  • Leads mid-to-large compensation projects, managing scope, timelines, dependencies, and stakeholder engagement.
  • Works collaboratively across the Compensation team, sharing expertise and contributing to broader functional initiatives; may provide informal guidance to more junior team members.


WHAT WE ARE LOOKING FOR
  • Bachelor's degree in a related area.
  • 6-8+ years of experience in compensation, financial analysis or closely related analytical discipline.
  • Strong analytical capability with experience using market data and analytics to inform recommendations and decisions.
  • Ability to synthesize complex information into clear, actionable recommendations.
  • Strong communication, organizational, and stakeholder-management skills.
  • Advanced Excel skills, including building and maintaining complex models and analyses


PREFERRED SKILLS, QUALIFICATIONS & EXPERIENCE
  • Knowledge of compensation regulations, job evaluation, and external benchmarking practices.
  • Experience with compensation and HRIS tools (e.g., Workday, MarketPay).
  • Experience providing consultative / center-of-expertise support (influencing without direct authority).


#LI-JN1
Base Salary Range: $110,000.00 - $158,500.00This position is eligible for competitive incentive bonus.
At MFS, we believe in fair and transparent compensation. For that reason, we're including the salary range for this position. This range reflects our good-faith expectation for what we'll pay depending on the candidate's experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance. Other components of our Total Rewards Package include:
  • 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

Our compensation philosophy is to pay competitively for talent while ensuring equity across employees performing comparable work. We are committed to transparency - if you have questions about how we arrived at this range or what additional benefits and bonus opportunities come with the role, we'll be happy to discuss them

#LI-HYBRID

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

About MFS Investment Management

MFS Investment Management is an American-based global investment manager, formerly known as Massachusetts Financial Services. Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund. The first mutual fund, the Massachusetts Investors Trust fund, is still in operation today. MFS had $528.4 billion in assets under management as of January 31, 2020.
Learn more about MFS Investment Management

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