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
MFS is seeking an attorney with fixed income and creditor side work-out and bankruptcy experience, along with experience negotiating, executing and interpreting transactional documentation and experience leading cross-functional initiatives. This attorney should be nimble and curious, demonstrate excellent attention to detail, sound judgment and an appreciation for the big picture, and must be able to manage multiple projects concurrently.
What You Will Do
- Advise the fixed income investment team in connection with workouts, restructurings, bankruptcies and asset sales related to fixed income investments.
- Provide legal analysis relating to investment opportunities, including structured products and conventional bond financings, and in particular provide guidance regarding collateral, structure, counterparty risk, payment waterfalls, covenants and other provisions relevant to investment analysis.
- Negotiate, execute and interpret transactional documents, including consents, waivers, amendments, forbearance agreements, confidentiality agreements, indemnity agreements, lock-up agreements, investor letters, bank trading documents and related investment documents.
- Assist with regulatory initiatives relating to fixed income investments and markets and adherence to internal policies and procedures.
- Lead cross-functional efforts to execute transactions and troubleshoot regulatory issues.
- Work with and oversee the work provided by outside counsel on a variety of fixed income-related legal matters, ensuring that standards for service delivery and cost are met.
- Provide support for Legal Department initiatives and matters as needed.
What We Are Looking For
- Bachelor’s Degree and Juris Doctor Degree (advanced work in legal specialty is necessary). Must have excellent professional credentials, including at least 6-8+ years of directly relevant work experience at a large law firm or peer investment manager, or a combination of the two.
- Must be a member in good standing of a state bar, preferably Massachusetts.
- Excellent organization, communication and interpersonal skills. Must write effectively, have excellent attention to detail, understand fixed income and capitalization structural issues. Must be able to communicate effectively with the investment team and demonstrate an ability to build strong relationships across an array of departments.
- Must have the ability to formulate solutions to mitigate legal and other risk while supporting business objectives, present to business partners with confidence and clarity, thrive in a team-orientated environment, and be able to take ownership of projects.
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.
What We Offer
- 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
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 talent_acquisition@mfs.com for assistance.
MFS is an Affirmative Action and 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 and Pay Transparency Nondiscrimination Provision, linked for your reference.