Cash Management Associate
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 Cash Management Associate processes capital stock reporting and cash forecasting for investment personnel, prepares reporting for institutional clients, and provides operational support to clients, custodians, and MFS investment personnel. The associate ensures investment and client account activity is processed and recorded accurately, follows established procedures, and completes assigned daily cash management activities in a timely manner.
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WHAT YOU WILL DO**
- Supports daily cash management activities by monitoring cash positions, assisting with liquidity forecasts, and processing timely movements of funds between accounts.
- Participates in departmental and cross-functional initiatives to improve processes, enhance client service, and reduce operational risk.
- Follows established cash management policies and procedures and provides input to the manager on potential updates based on day-to-day processing experience.
- Identifies and communicates opportunities to use technology or process improvements to reduce manual work and increase efficiency.
- Researches operational and administrative issues, escalates complex matters as appropriate, and assists with implementing approved resolutions.
- Prepares reports and reviews information for accuracy and completeness before distribution to internal and external audiences.
- Coordinates with offshore hub team members on assigned daily activities, respo...
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