MFS  Investment Management

Strategist - Investment Product Development

MFS Investment Management$123K — $177K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • 6-8+ years in financial services or investment product development.
  • Knowledge of investment products, structures, and distribution channels.
  • Experience in data analysis and translating insights into business outcomes.
  • Strong project management skills, managing multiple priorities.
  • Effective communication skills for diverse audiences.
  • Demonstrated ability to collaborate across functions.

Responsibilities

  • Lead investment product development and management across channels.
  • Execute new product initiatives and product management tasks.
  • Prepare documentation for the product approval process.
  • Serve as a subject matter expert on investment vehicles.
  • Monitor industry trends and provide strategic insights.
  • Evaluate new product opportunities and market positioning.
  • Collaborate with various departments to support product initiatives.

Benefits

  • 15% contribution to retirement account, separate from 401(k).
  • Monthly education assistance up to $10,000 lifetime maximum.
  • Tuition reimbursement up to $8,000 annually.
  • Generous time off including 20-weeks maternity leave.
  • Comprehensive medical and dental plans with HSA contributions.
  • Tax deferred commuter benefits and flexible spending accounts.
  • Wide-ranging wellness programs and subsidized fitness benefits.
Full Job Description
THE ROLE

The Strategist - Investment Product Development leads work relating to the development, enhancement, and management of investment products across MFS distribution channels, facilitating the implementation of approved product initiatives through the management of cross-functional project teams. Working closely with senior leaders, team members, and business partners, this role also contributes to the strategic development and refinement of MFS product lines across retail and institutional markets in both U.S. and non-U.S. regions, ensuring that existing products, product extensions, and new offerings align with MFS's corporate strategic vision and evolving marketplace needs.

WHAT YOU WILL DO
  • Lead work relating to the development, enhancement, and management of investment products across MFS product lines and distribution channels.
  • Leads cross-functional teams in the execution of standard new product initiatives, including product launches, product changes, and ongoing product management initiatives.
  • Prepares project plans, documentation and analyses required to bring new product initiatives through the product approval process.
  • Serves as a product vehicle resource and subject matter expert for investment vehicles in Global Product and overall Distribution organization. Maintains a strong understanding of the industry with a particular emphasis on the overall competitive product landscape and MFS' positioning.
  • Monitor industry trends, market developments, and competitor activity and provide insights to support product strategy discussions.
  • Evaluates new product opportunities, product enhancements, and market positioning initiatives.
  • Partners on strategic planning activities through market sizing, competitor analysis, pricing reviews, and product comparisons.
  • Partner with colleagues across Investments, Distribution, Marketing, Compliance, Legal, and Operations to support product initiatives and business priorities.
  • Perform additional duties as assigned.


WHAT WE ARE LOOKING FOR
  • Bachelor's degree required.
  • 6-8+ years of experience in financial services, investment products, product development, product management, market research, or competitive analysis.
  • Working knowledge of investment products, product structures, and distribution channels.
  • Experience conducting research, analyzing data, and translating findings into business insights.
  • Strong project management and organizational skills with the ability to manage multiple priorities simultaneously.
  • Effective written and verbal communication skills, including the ability to present findings to a variety of audiences.
  • Demonstrated ability to collaborate across functions and build effective working relationships.
  • Team player with excellent interpersonal skills; must be able to establish and maintain effective, cooperative working relationships with all departments and organizational levels; must have experience in providing service to internal client base.


#LI-JN1
Base Salary Range: $123,000.00 - $177,500.00This 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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