Senior Product Manager, Fund Management in Toronto

Purpose Unlimited is an independent financial services company with an unrelenting focus on customer-centric innovation, delivered through technology-driven solutions. Led by entrepreneur Som Seif, the company is developing a diversified product platform aimed at addressing historically underserved segments of the market. Purpose Unlimited’s businesses include Purpose Investments, Advisor Solutions by Purpose, and Driven.

Purpose Investments is an innovation-driven asset management company with over $20 billion under management, offering both managed and quantitative investment products. Much of what is available to the average Canadian investor today is outdated and expensive. Purpose Investments’ goal is to constantly innovate, and make investing simple, intuitive and affordable for everyone.

This is for a current opening.

Compensation: $125,000 - $145,000

Who you are:

The Fund Management squad sits at the foundation of our asset management business. This cross-functional team is accountable, end to end, for transforming how Purpose runs its investment fund operations – moving fund accounting, performance, trading operations, and the data that underpins these all onto a single governed platform. The book of record for our funds, the daily NAVs we strike, and every performance number we quote externally all trace back to the work this squad does.

As Sr. Product Manager, Fund Management, you will own the product vision, roadmap, and delivery for this squad. You will collaborate with other teams to decide what gets built and in what order, working directly with operations, engineering, data, and compliance to solve the problems that matter most. You will lead from the front – not as a project manager tracking tickets, but as the person who understands the problem space deeply enough to make the right calls under pressure. This is not a role for someone who wants to execute a predefined roadmap. It is a role for someone who wants to build one.

Responsibilities:

• Translate product vision and strategy into an actionable, sequenced roadmap across the master-data spine and the valuation, activity, investor, and disclosure pipelines.
• Partner with investment operations, fund accounting, data engineering, and compliance to deeply understand workflows, source systems, and regulatory constraints.
• Decide what gets built and in what order – picking a small number of high-leverage workstreams against a broad operational surface and sequencing them deliberately.
• Define and prioritize requirements that meet operational, regulatory, and analytical standards.
• Write clear, detailed user stories and acceptance criteria that engineering can execute on with confidence.
• Pressure-test major design decisions – naming the alternatives considered, the assumptions made, and what would prove them wrong.
• Act as a close partner to the engineering and data leads on priorities and trade-offs, leading planning and review sessions as the product authority in the squad.
• Track delivery against clear, business-language measures of success and report progress to stakeholders on a regular cadence.

What you will own:

• Fund accounting and NAV: You will own the outcome of a daily NAV that is correct, delivered on time, observable, and defensible across more than 100 funds.
• Fund performance calculations: You will own a single surface for returns, attribution, peer comparisons, and AUM and flow time series.
• The book of record for funds: You will own the primary record of fund holdings, positions, NAVs, flows, and activity events.
• The data platform: You will define the vision and roadmap for the master-data source and the pipelines.
• The transaction execution: You establish better ways for external stakeholders to access our funds when necessary.
• Defensibility and lineage: You will own the lineage that makes every fund number traceable to its source.

Qualifications:

• Domain expertise: You have meaningful experience in asset management, fund operations, or fund accounting.
• Product depth: You know the difference between a product manager and a project manager.
• Technical fluency: You are comfortable in the detail and can have intelligent conversations with engineers.
• Stakeholder influence: You build trust quickly with engineering, operations, compliance, and senior leaders.
• AI-era mindset: You actively look for opportunities to use AI and automation.
• Communication: You write clearly and concisely.

What great looks like in this role:

• Fund management processes that get better day by day.
• A daily NAV that is correct, on time, and defensible.
• Every fund performance number computed from one canonical surface.
• A single book of record for funds.
• Governed schemas that answer the business’s real questions.
• An engineering and data squad that knows exactly what to build next, and why.

Why should you join us?

• We are one of Canada's Top Small & Medium Employers' 2023 & 2024.
• We believe in innovation and a vibrant culture.
• We believe in a flexible work structure.
• We care about your rewards.
• We care about your health.
• We care about your quality of life.
• We care about your family.
• We care about your future.
• We care about your development.

Purpose Investments is an equal employer, and we are dedicated to fostering an inclusive and barrier-free work environment for all employees and candidates. We encourage all qualified candidates to apply and if accommodation is required during any stage of the recruitment process, please contact any member of the People and Culture team. We thank all applicants for their interest; however, only those selected for interviews will be contacted.

Our work philosophy is a hybrid model allowing for flexibility and collaboration. Applicants must be legally entitled to work in Canada. Immigration sponsorship is not offered for this role.