Business Systems Lead Engineer – Investment & Ops Technology

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.

THE ROLE

Apply sound judgment and discretion to address business challenges by analyzing processes and environments and leveraging technology across business units. Lead software development efforts throughout the lifecycle, focusing on advanced software creation while adhering to established standards and best practices. Serving as a technical and functional lead in an Agile environment for small to midsized projects, partnering with Business and Technology teams to deliver scalable solutions that support Portfolio Accounting, Security Master, Performance Measurement, Corporate Actions, Reconciliation, Cash & Collateral, and Investment Data Management initiatives. Establish, document, and enforce technical standards and best practices throughout all project phases.

In collaboration with Product Owners, Analysts and Operations stakeholders, this role will deliver technical solutions to enhance and support Eagle Accounting, Performance and Reference Data modules integrating with various Investments and Operations applications such as CRIMS, SmartStream and CA SAAS.  In addition, you will evaluate existing processes and technology to define and implement a scalable future target state for the highly customized fund accounting, performance measurement, pricing and security master processing functionalities.

The ideal candidate possesses extensive Eagle technical expertise combined with strong investment operations and accounting knowledge. They will drive solution architecture, establish development standards, mentor team members, and lead complex initiatives from requirements through production implementation. This role is expected to provide leadership across multiple Agile teams while supporting strategic modernization efforts, Eagle upgrades, and operational efficiency initiatives.

WHAT YOU WILL DO

• Lead projects from inception to completion, including interpreting business requirements, analyzing technical environments, mapping requirements to design, coding, debugging, and unit testing.
• Collaborate with business analysts and end users to evaluate business needs and select optimal technologies.
• Drive the adoption of AI and Copilot technologies to enhance solution quality and delivery efficiency.
• Stay current with emerging technologies and assist System Architects in evaluating and selecting new products.
• Provide technical guidance and mentorship to junior team members.
• Document code and processes to support system maintenance and facilitate knowledge transfer.
• Manage multiple tasks simultaneously and demonstrate a thorough understanding of software development lifecycle methodologies.
• Create and improve processes, examine workflows, and recommend ways to increase efficiency and standardize practices across projects.
• Provide ongoing process support, including on-call responsibilities.
• Participate in the development community of practice to promote innovation and best practices.
• Collaborate effectively with globally distributed teams.

WHAT WE ARE LOOKING FOR

• Bachelor’s degree in computer science or related technical field, or equivalent experience
• Minimum 5-6+ years of experience in Financial Services supporting Operations, Trading or Investment systems
• Domain expertise in Trade Processing, Portfolio Accounting, Holdings Management, Corporate Actions Processing, Pricing & Valuation, and Security Master Reference Data.
• Knowledge of global settlement, payments, and reconciliation processes (e.g., T+1), including fails management, netting, and cash/collateral reconciliations across custodians, IBOR/ABOR, fund accounting, and counterparties
• Functional understanding and development experience with the Eagle suite of products - PACE database and STAR Accounting process.
• Strong development experience with Eagle Web Panel designer and Message Center rules configuration.
• Strong experience with data platforms (Snowflake, Oracle, Microsoft SQL Server)
• Experience working within a mature SDLC model, collaborating with BA, QA, and end users to deliver solutions
• Experience or familiarity with Microsoft AI ecosystem, including Azure OpenAI / Azure AI, Microsoft Copilot and Copilot Studio, and Power Platform (Power Apps, Power Automate, Power BI)
• Proven ability to analyze operational workflows and identify automation opportunities across Investment Operations processes
• Strong troubleshooting and analytical skills, with demonstrated ability to make independent decisions
• Excellent oral and written communication skills, with experience supporting front-office and operations stakeholders

PREFERRED SKILLS, QUALIFICATIONS AND EXPERIENCE

• Experience in one or more development languages/platforms (Java, Python)
• Experience working in a continuous integration / CI-CD environment (preferably Azure DevOps or equivalent)
• Experience working with platforms such as Charles River, SmartStream, S&P Corporate Actions are a plus.
• Prior project experience with Data Strategies configuration in Eagle Reference Data Center and Rules configuration in Performance engine.

#LI-SS1

Applicants must be currently authorized to work in the United States on a full-time basis. This position is not eligible for sponsorship.

Base Salary Range: $98,500.00 - $141,500.00 This 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

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.

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 [email protected] for assistance. 

MFS is an 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, linked for your reference.