Quantitative Developer

Reposted 22 Days Ago
Be an Early Applicant
Boston, MA, USA
In-Office
115K-115K Annually
Mid level
Financial Services • Quantitative Trading
The Role
Design, develop, and maintain systems for quantitative investment processes, enhancing tools for portfolio construction and research. Collaborate with technology teams, ensuring system performance and data integrity.
Summary Generated by Built In

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

Be part of a team of quantitative researchers, developers and portfolio managers managing a set of quant/fundamental blend equity strategies. Design, develop and maintain systems that support the research and portfolio management processes. Liaise with MFS’ IT department and other parts of the firm to facilitate their support of the business as well.

WHAT YOU WILL DO

  • Enhance the quantitative investment process by designing, developing and maintaining tools used in the portfolio construction process and quantitative research process.

  • Generate ideas for enhancements to systems and the investment process.

  • Contribute to the development of robust technology and applications through a development process that incorporates appropriate documentation, testing, and checks and balances.

  • Interact with other technology teams throughout the organization and represent the quantitative team on broader technology initiatives (e.g., audits, disaster recovery).

  • Work closely with a team of experienced quantitative analysts, developers and portfolio managers to develop a business with slightly over $25bn AUM as of 12/31/2025.

WHAT WE ARE LOOKING FOR

  • Two-to-four years of relevant industry experience as a developer.

  • Ability to design robust, scalable, object-oriented solutions to complex problems.

  • Identify and resolve performance bottlenecks and issues in existing codebase.

  • Be able to manage and optimize large time-series databases and ensure the data quality, integrity and availability across systems.

  • Strong written and verbal communications skills, inclusive of the ability to listen and incorporate feedback into one's work.

  • Proficiency in SQL, C# and Python.

  • Proficiency in Java and Matlab.

  • Familiarity with software commonly used in the industry such as Factset and Axioma.

Base Salary: $115,000

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.

Skills Required

  • Two-to-four years of relevant industry experience as a developer
  • Ability to design robust, scalable, object-oriented solutions
  • Manage and optimize large time-series databases
  • Strong written and verbal communication skills
  • Proficiency in SQL, C#, Python, Java, Matlab

MFS Investment Management Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about MFS Investment Management and has not been reviewed or approved by MFS Investment Management.

  • Retirement Support The package includes a company-funded retirement plan beyond the 401(k) that stands out for generosity. This materially boosts perceived total compensation.
  • Leave & Time Off Breadth Generous paid time off, holidays, and sick leave are complemented by substantial fully paid family and caregiver leaves. This breadth of time-away options is treated as a core strength of the total rewards offering.
  • Healthcare Strength Medical and dental plan options with employer HSA contributions are paired with robust wellness and mental-health resources. These offerings are regarded as high quality and additive to overall compensation.

MFS Investment Management Insights

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The Company
HQ: Boston, MA
2,510 Employees
Year Founded: 1924

What We Do

For almost a century, investors have trusted MFS to achieve their investment goals because we stay true to our convictions, and to who we are as active managers. We take the long view. We favor the strongest idea over the strongest individual. Our employees are aligned with what matters most to our clients: long-term vision, powerful risk-managed results and good decisions born from collaborative thinking. Robust integrated research is in our heritage and combining it with uncompromised information sharing is how we turn good ideas into great outcomes. Doing what's right for clients is not a choice we make each day, it's who we are. Learn more about our Social Media Terms of Use here: (paste link into browser) www.mfs.com/Literms For current career opportunities visit www.mfs.com/careers MFS Investment Management is an Equal Opportunity Employer.

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