Lead Software Engineer Cash, Collateral and SMA

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 lead in an Agile environment for small to midsized projects the candidate collaborates with product owners business analysts and quality assurance teams to deliver solutions within tight deadlines. 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 that transform the way MFS ingests and processes cash flows strengthens cash and collateral controls and improves transparency across key cash views (e.g. trade-date settlement-date tradable and encumbered/collateral cash). In addition you will evaluate existing processes and technology to define and implement a scalable future target state for the highly customized and growing Retail SMA business.

You will function as a leader in an Agile environment for small to midsized projects collaborating with globally distributed teams to deliver solutions within tight deadlines. The candidate will demonstrate strong problem-solving skills effective communication and the ability to work collaboratively in a fast-paced environment.

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

• Bachelors 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
• 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)
• Strong experience in one or more development languages/platforms (C# .NET Java Python React/Angular)
• Experience building integrations with multi-tiered third-party systems (cloud and on premises)
• Experience designing or integrating AI-driven workflows including intelligent document and email processing case management and human-in-the-loop automation
• Strong experience with data platforms (Snowflake Oracle Microsoft SQL Server)
• Experience working in a continuous integration / CI-CD environment (preferably Azure DevOps or equivalent)
• Experience working within a mature SDLC model collaborating with BA QA and end users to deliver solutions
• 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

• Domain expertise in cash processing and collateral management including trade-date and settlement-date cash margining (initial and variation margin) collateral eligibility haircuts and optimization across cleared and bilateral exposures
• Knowledge of global settlement payments and reconciliation processes (e.g. T1) including fails management netting and cash/collateral reconciliations across custodians IBOR/ABOR fund accounting and counterparties
• Experience with SMA business models and operational workflows including end to end implementation of Portfolio Manager strategy changes for both Model Delivery and SMA Manager traded accounts onboarding reconciliations rotations technology solutions and interaction with sponsor platforms
• Experience working with platforms such as Charles River Eagle Acadia Margin Manager Murex or Calypso are a plus.

#LI-SS1

Base Salary Range: $110000.00 - $158500.00 This position is eligible for competitive incentive bonus.

At MFS we believe in fair and transparent compensation. For that reason were including the salary range for this position. This range reflects our good-faith expectation forwhat well pay depending on the candidates experience training and addition to the salary we also offer significant and competitive incentive compensationbased 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 $10000 lifetime maximum directly to loan provider

• Education Assistance: Tuition reimbursement up to $8000 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 well 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 doesnt 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 or email 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.

Required Experience:

IC