Fixed Income Research Analyst - Municipal Bonds

About the role

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

Investment analyst focused on identifying and evaluating investment opportunities that will add value across the MFS municipal bond platform through fundamental credit research and relative value analysis. Specific experience analyzing high yield municipal securities is a plus.

What You Will Do

• Conduct independent fundamental research on municipal issuers and sectors, including analysis of financial statements, offering documents, rating agency reports, and broader industry trends.
• Identify and evaluate investment opportunities through fundamental credit analysis, relative value assessment, and consideration of security structures, market conditions, and risk/reward characteristics.
• Build and maintain financial models and prepare concise written investment reports that synthesize research findings and support investment recommendations.
• Clearly communicate investment views and recommendations to portfolio managers, traders, and other members of the investment team.
• Actively collaborate with investment professionals to identify opportunities, assess market developments, and contribute to broader portfolio strategies.
• Proactively identify and implement improvements to research processes, analytical tools, and team workflows to enhance the quality and efficiency of investment decision-making.

What We Are Looking for

• Bachelor's degree in relevant field. MBA, CFA, or other relevant advanced degree preferred.
• Strong analytical and financial modeling skills, including the ability to evaluate complex financial statements, security structures, and relative value.
• Excellent written and verbal communication skills, with the ability to synthesize complex information into clear, actionable investment recommendations.
• Intellectual curiosity, independent judgment, and the ability to manage multiple priorities in a demanding environment.
• Strong collaborative skills and a demonstrated willingness to contribute to team development and continuous process improvement.

Pay and benefits

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 or email for assistance.

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.