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 is Purpose InvestmentsPurpose Investments is an innovation-driven asset management company with over $22 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 Much of what is available to the average Canadian investor today is outdated and expensive.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 Summary:The Credit Investment Team at Purpose Unlimited is an autonomous business unit and OSC registrant that manages the Purpose Credit Opportunities Fund and the Purpose Strategic Yield Fund. The group runs $1.4 billion in AUM and has a culture of absolute return investment success and are seeking a highly analytical and detail-oriented Senior High Yield Trader to join our team at Purpose Investments. This role will be the capital markets eyes and ears of the desk that result in new idea generation and loss prevention. The objective of the role is to facilitate investment idea generation by overseeing the investment process of the group and staying on top of capital markets activities both new issues and secondary markets. Additionally there is potential for sector-specific coverage as an investment :Ensure regular investment reports/analyses are generated and processes are documented including investment screens trading reports and daily P& and oversee the investment process for activities that lead to idea includes measuring group progress in activities that lead to idea generation including company meetings site and conference visits analyst and sell-side meetings and other non-traditional process for staying on top of existing holdings including relevant data series with correlation to changes in fundamentals for relevant positions and earnings previews for positions based on size on top of daily new issue activity and flag interesting ideas for the group. Conduct relative value analysis on new issues based on existing bonds and comparable with sell-side dealer counterparty trading desks to get the best fill and allocate trades based on potential new issue activity and idea and execute trade ideas to produce uncorrelated P&:Experienced fixed-income credit trader or capital markets professionalStrong fundamental business education (BCom HBA MBA CFA) or advanced accounting knowledgeProven detail-oriented process and managerial skills (investment or non-investment setting).Purpose Investmentsis 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 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.
Required Experience:
Senior IC
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 seg...
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 is Purpose InvestmentsPurpose Investments is an innovation-driven asset management company with over $22 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 Summary:The Credit Investment Team at Purpose Unlimited is an autonomous business unit and OSC registrant that manages the Purpose Credit Opportunities Fund and the Purpose Strategic Yield Fund. The group runs $1.4 billion in AUM and has a culture of absolute return investment success and are seeking a highly analytical and detail-oriented Senior High Yield Trader to join our team at Purpose Investments. This role will be the capital markets eyes and ears of the desk that result in new idea generation and loss prevention. The objective of the role is to facilitate investment idea generation by overseeing the investment process of the group and staying on top of capital markets activities both new issues and secondary markets. Additionally there is potential for sector-specific coverage as an investment :Ensure regular investment reports/analyses are generated and processes are documented including investment screens trading reports and daily P& and oversee the investment process for activities that lead to idea includes measuring group progress in activities that lead to idea generation including company meetings site and conference visits analyst and sell-side meetings and other non-traditional process for staying on top of existing holdings including relevant data series with correlation to changes in fundamentals for relevant positions and earnings previews for positions based on size on top of daily new issue activity and flag interesting ideas for the group. Conduct relative value analysis on new issues based on existing bonds and comparable with sell-side dealer counterparty trading desks to get the best fill and allocate trades based on potential new issue activity and idea and execute trade ideas to produce uncorrelated P&:Experienced fixed-income credit trader or capital markets professionalStrong fundamental business education (BCom HBA MBA CFA) or advanced accounting knowledgeProven detail-oriented process and managerial skills (investment or non-investment setting).Purpose Investmentsis 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 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.
Required Experience:
Senior IC
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