Senior Strategist Investment Product Development (CITs)
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
The Senior Strategist Investment Product Development (CITs) will serve as a product expert for retirement vehicles and strategies. The Senior Strategist is the primary product owner for MFS' Collective Investment Trust lineup and key participant in ongoing development of retirement products with focus on target date offerings. This individual will maintain a strong understanding of the industry with a particular emphasis on the overall competitive product landscape and MFS' positioning.
What You Will Do
- Serve as the primary Collective Investment Trusts (CITs) product expert and product owner in Global Product and overall Distribution organization. Maintain a strong understanding of the industry with a particular emphasis on the overall competitive product landscape and MFS' positioning.
- Support broad based product initiatives across channels through market research and analysis utilizing outside databases such as Morningstar, Strategic Insight, eVestment.
- Identify key industry trends impacting business, such as private asset classes entering defined contribution market, and translate into strategic recommendations to capitalize on business opportunities.
- Provide timely reporting of key business metrics such as market share (flows and assets) within the industry. Continually review key competitor offerings for impact to current and future offering.
- Support strategic planning efforts throughout the organization by providing the necessary intelligence to guide the process, including determining market sizing and growth; analyzing key competitors; providing pricing and product comparisons.
- Represent MFS on appropriate industry committees as necessary.
- Communicate key competitive intelligence to target audiences throughout the organization in a timely and relevant fashion. Extensive experience communicating
What We Are Looking For
BA / BS degree with a strong record of accomplishment.8-12 years of experience in financial services, product development, competitive analysis and research.Comprehensive knowledge of the defined contribution market and more specifically Collective Investment Trusts (CITs). Understanding of private asset classes in the defined contribution marketplace.Project management experience with proven ability to organize and coordinate multiple projects simultaneously and meet deadlines.Strong expertise in Morningstar and eVestment.Proven ability to effectively communicate and collaborate with a variety of functions across the organization and at varying levels, including with investment management, sales, marketing, compliance and operational teams.Excellent verbal and written communication skills. Accustomed to working with and presenting to senior management.In-depth knowledge of markets for investment products across various distribution channels.Superb business judgment, problem solving and organizational skills. Hands-on, highly motivated self-starter.Team player with excellent interpersonal skills; must be able to establish and maintain effective, cooperative working relationships with all departments and organizational levels.Strong research and analysis skills with the ability to synthesize and interpret data.Willingness to travel to attend applicable industry meetings, conferences, and sales meetings.FINRA series 7 and 63 registrations in accordance with MFS licensing policy.MBA preferred.Salary Range : $128,500 to $192,500
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 providerTuition reimbursement up to $8,000 annuallyAccess to discounted tutors and college coachesGenerous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leavesChoice of medical and dental plans and an employer contribution into the Health Savings AccountTax deferred commuter benefits & flexible spending accounts (medical & dependent care)Robust Mental Health Resources including 8 free therapy appointmentsVarious work / life balance support and wellbeing programsOur 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.
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.