Business Systems Sr. Analyst

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

Using discretion and judgement, the Business Systems Sr Analyst helps develop systems technology projects that address the business needs of the MFS organization. They independently meet with project stakeholders and business partners to elicit and gather business requirements. They develop and maintain formal specifications that clearly outline the key requirements. The Business Systems Sr Analyst collaborates with internal IT resources to develop, test, and deploy technology solutions. The Business Systems Sr Analyst follows the MFS system‐development life cycle while working to release projects and maintenance items for the benefit of our clients and internal business partners.

WHAT YOU WILL DO

• Performs analysis of business activities to determine business requirements. Works with business users to understand and define needs. Converts business requirements into functional specifications. Works closely with project team members, business users, QA, developers, and other technology professionals in an Agile environment to ensure that project deliverables are completed on time and within budget.

• Acts as a liaison between business stakeholders and the technology organization to ensure proper implementation of requirements within the expected timetable. Communicates any material modifications of business requirements to business stakeholders.

• Collaborates on systems scope and objectives based on both user needs and an understanding of applicable business systems and industry requirements.

• Ensures proper data processing using data checks and reports to facilitate error free business processes.

• Collaborates with the QA team in developing high level test plans. Reviews test cases developed by the QA team. Works with automated testing team when needed for performance/load testing as well as automated regression testing.

• Works to ensure a positive product for business stakeholders by overseeing the implementation of new software. Creates and maintains proper training materials and business documentation.

• Follow the MFS Software Development Lifecycle (SDLC), ensuring that all steps of the process have been followed prior to releasing any code.

• Provides application and production support as needed to the departments and systems that they support.

• Provides guidance to less experienced Business Systems Analysts.

WHAT WE ARE LOOKING FOR

REQUIRED:

• Bachelor's degree or equivalent experience in a business or technology related field.

• Minimum of 2-5+ years of experience in the financial services industry, ideally supporting buy‐side technology.

• Intermediate technical skills including an understanding of underlying relevant technical architecture and business processes.

• Proven ability to efficiently utilize resources and communicate with others, both verbally and in writing.

• Proven analytical skills and demonstrated ability to make independent decisions.

• A firm understanding of systems development lifecycle and Agile framework.

• Proven ability to develop creative solutions to meet business needs.

PREFERRED:

• Trading and investment exposure preferred.

• Background in Trade Processing, specifically SWIFT and Heliograph, preferred.

#CD-LI1

#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.

• Generous time-off provided: including "Responsible time off" for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
• Family Focus: Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
• Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
• Wellness Programs: Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
• Life & Disability Benefits: Company-paid basic life insurance and short-term disability
• Financial Benefits: 401(k) savings plan, Defined Contribution plan- 15% of base salary invested into the Plan, competitive total compensation programs

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

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.