Associate Portfolio Manager, Credit Investing

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 Investmentsis 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 Much of what is available to the average Canadian investor today is outdated and expensive.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 Status:This is for a current :$135000 - $165000Responsibilities: What you will ownThe mandate is simple and unambiguous; generate alpha through differentiated credit insight while protecting donside risk at scale with conviction and with AI as your is a true investing role. You will own positions not just analyze them. You will contribute to capital allocation decisions not prepare slide decks for others to make them. You will be given the tools the data infrastructure and the AI capability to move faster and see further than the market. What you bring is the judgment to act on what you are joining Purposes credit investment team at a moment when high yield and opportunistic credit are being reshaped by data technology and AI-driven investment process advancements and accelerating market complexity. The investor who thrives here combines deep fundamental skill with the fluency to direct AI workflows override them when the model is wrong and synthesize signal from noise at a pace the previous generation of credit analysts could not you will doDevelop and defend differentiated credit theses with clear catalysts and risk/reward frameworksExercise judgment at the intersection of data and uncertainty particularly in stressed and distressed situationsBuild genuine issuer relationships that surface information before it reaches the marketChallenge AI-generated outputs when your read of the credit diverges from the modelTranslate macro developments into actionable conviction in a high-conviction portfolioWhere you will have impactIdea Generation & Investment OwnershipSource and develop high-conviction opportunities across high yield bonds leveraged loans and stressed credit with AI accelerating your screening and you supplying the judgment on what to act onOwn select positions end-to-end: underwriting monitoring and exit decisionsDevelop differentiated views with explicit catalysts risk/reward frameworks and clear theses you can defend under pressureCredit Underwriting & Risk AssessmentLead fundamental issuer analysis business quality financial profile industry dynamics using AI-assisted modelling as a starting point not a conclusionEvaluate capital structures covenant protections and recovery scenarios with enough depth to surface the non-obviousStress-test models across base downside and tail-risk cases; assess liquidity and default probability with rigorPortfolio Construction & Capital AllocationActively contribute to sizing diversification and risk-budgeting decisions this is capital allocation work not support workParticipate in entry exit and rebalancing decisions as an accountable contributor not a preparer of materialsMarket Intelligence & AI-Augmented ResearchDevelop and maintain views on credit markets spreads and liquidity that translate directly into portfolio positioningDirect AI tools to synthesize sector dynamics issuer data and macro signals you set the agenda AI surfaces the evidenceIdentify dislocations and thematic opportunities before they are consensus; treat early-warning signals from AI surveillance systems as a competitive advantage to be acted onQualifications: What you bring/ What you must have48 years in credit investing leveraged finance or investment banking with a clear track record of analytical ownership not just supportDeep fluency in high yield bonds leveraged loans and credit markets; you understand these instruments well enough to see what others missDemonstrated capacity to build and stress-test financial models with conviction not just competenceJudgment under uncertainty you have made calls that were yours defended them and learned from what happenedWhat will set you apartOngoing curiosity to improve and learn new skillset to become best credit investor in the worldExperience directing AI tools (Bloomberg GPT LLM-based research assistants automated surveillance systems) to accelerate your workflow without outsourcing your thinkingCFA charter holder or meaningful progress toward itComfort operating at the intersection of fundamental credit analysis and data driven signal you do not treat these as separate disciplinesA track record of identifying ideas early; you are not waiting for consensus before forming a viewStrong communication you write and speak with the clarity and confidence of someone who knows what they thinkWhat success looks like in your first yearIdeas with ownership: You have sourced underwritten and taken ownership of a minimum of three investment positions that contributed meaningfully to the CROP portfolio with clear documentation of your thesis your process and the fluency in action: You have built at least one AI-augmented research or monitoring workflow that measurably reduces time-to-insight on issuer surveillance or idea screening and you have shared it with the committee presence: You are a trusted and active contributor to investment committee discussions not a preparer of materials for them. Your views are heard tested and acted judgment: You have demonstrated the ability to identify credit deterioration early defend a contrarian view under pressure or size out of a position ahead of consensus and you can explain the record begun: You have started building a documented record as an investor. One year from now you can show what you did what happened and what you this is the role you have been building toward we want to hear from us about a credit situation where your view diverged from the market. What gave you the conviction to hold it or change itEvery 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 2023 & 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.