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Senior Legal Counsel

Purpose Unlimited


Job Location:

Toronto - Canada

Monthly Salary: Not provided by the employer
Posted: 21 August 2026 (17 days ago)
Application Deadline: 18 November 2026
Vacancies: 1 Vacancy

Job Summary

Purpose Unlimitedis 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 Unlimiteds businesses include Purpose Investments Advisor Solutions by Purpose and Title: Senior Legal CounselPosition Summary:Senior Legal Counsel Investment Funds provides strategic legal and regulatory advice in support of the organizations public investment fundsand its exempt market / offering memorandum (OM) Legal Counsel enables the organizations product development portfolio management and distribution teams while coordinating with and advising compliance to maintain investment fund activities adherence with Canadian securities laws and regulatory Legal Counsel coordinates with internal stakeholders and external counsel to provide practical value-added legal advice to the Functions: Public Funds (NI 81-102)Advise on the structuring organization launch and ongoing operation of public investment funds subject to NI 81-102 NI 81-101 NI 81-106 and related Canadian securities review and maintain public fund disclosure documents including prospectuses fund facts MRFPs material change reports and related regulatory on fund governance matters including investment restrictions valuation conflicts of interest and Independent Review Committee (IRC) continuous disclosure obligations and filings with securities regulators in coordination with compliance and regulatory / OM FundsProvide legal advice for exempt market and OM funds including fund structuring organization amendments offering memoranda subscription agreements and investor on compliance with exempt market rules prospectus exemptions and applicable CSA investor communications for private & Business AdvisoryAdvise on legal and regulatory risk and disclosure issues related to fund Risk & External Counsel ManagementSupport investment fund governance frameworks policies and with regulatory reviews audits and inquiries by securities regulators relating to investment fund :LL.B. or J.D. and member in good standing with a Canadian law society (Ontariopreferred).Five to eight years of legal experience with significant exposure to securitiesregulation and investment funds preferably gained in house or at a major Canadian law -depth knowledge of Canadian securities regulatory framework especially as it pertains to mutual funds ETFs and investment interpersonal and communication skills with the ability to influence andcollaborate across functionsEvery role at Purpose is assessed against our five values:Innovation You bring new ideas challenge the status quo and find better ways of building. You dont wait for permission to You speak up when something isnt working take difficult stands on technical quality and act with conviction even when its Mindset You take full accountability for your squads outcomes. You treat the platform the team and the business as your Focus You place client outcomes at the center of every architectural and delivery Through Individual and Collective Growth You invest in your own development and actively contribute to the growth of every engineer around should you join usWe are one of Canadas Top Small & Medium Employers& believe in innovation and a vibrant culture - work for an innovative people-first financial services firm that values believe in a flexible work structure A flexible hybrid work model that empowers you to do your best work whether at home or the care about your rewards - Competitive compensation including equity care about your health comprehensive group health and dental benefits and life insurance at little to no cost to you. We also offer a Lifestyle Spending Account for all your wellness care about your quality of life - flexible paid time-off policy with unlimited vacation days and flexible sick and mental health care about your family - Paid parental leave for eligible employees with a care about your future Generous Group RRSP matching and an optional TFSA care about your development We offer training opportunities and tuition support Unlimited is an equal opportunity 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 & Culture team at We thank all applicants for their interest; however only those selected for interviews will be 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 may use artificial intelligence technology to assist in screening assessing or selecting applicants for this position. Final hiring decisions are made by qualified human reviewers.

Required Experience:

Senior IC