About the Role
Purpose Investments is seeking an individual to generate alpha through differentiated credit insight while protecting downside risk, leveraging AI as an edge. This is a true investing role where you will own positions, contribute to capital allocation, and utilize advanced tools and data infrastructure to outperform the market.
Responsibilities
- Develop and defend differentiated credit theses with clear catalysts and risk/reward frameworks.
- Exercise judgment at the intersection of data and uncertainty, particularly in stressed and distressed situations.
- Build genuine issuer relationships that surface information before it reaches the market.
- Challenge AI-generated outputs when your read of the credit diverges from the model.
- Translate macro developments into actionable conviction in a high-conviction portfolio.
- Source and develop high-conviction opportunities across high yield bonds, leveraged loans, and stressed credit.
- Own select positions end-to-end: underwriting, monitoring, and exit decisions.
- Lead fundamental issuer analysis using AI-assisted modeling as a starting point.
- Evaluate capital structures, covenant protections, and recovery scenarios with depth.
- Stress-test models across base, downside, and tail-risk cases.
- Assess liquidity and default probability with rigor.
- Actively contribute to sizing, diversification, and risk-budgeting decisions.
- Participate in entry, exit, and rebalancing decisions as an accountable contributor.
- Develop and maintain views on credit markets, spreads, and liquidity.
- Direct AI tools to synthesize sector dynamics, issuer data, and macro signals.
- Identify dislocations and thematic opportunities before they are consensus.
Requirements
- 4–8 years in credit investing, leveraged finance, or investment banking with a clear track record of analytical ownership.
- Deep fluency in high yield bonds, leveraged loans, and credit markets.
- Demonstrated capacity to build and stress-test financial models with conviction.
- Judgment under uncertainty; experience making and defending investment calls.
- Ongoing curiosity to improve and learn new skillsets.
- Experience directing AI tools to accelerate workflow without outsourcing thinking.
- Comfort operating at the intersection of fundamental credit analysis and data-driven signal.
- A track record of identifying ideas early.
- Strong communication skills – clarity and confidence in writing and speaking.
- Must be legally entitled to work in Canada.
- Immigration sponsorship is not offered for this role.
Skills
- Credit investing
- Leveraged finance
- Investment banking
- Analytical ownership
- High yield bonds
- Leveraged loans
- Credit markets
- Financial modeling
- Judgment under uncertainty
- AI tools
- Fundamental credit analysis
- Data-driven signal
- Communication
Location
- Canada
Work Type
- Hybrid
- Full-time
Experience Level
- 4-8 years
Education Level
- CFA charter holder or meaningful progress toward it
Salary/Compensations
- $135,000 - $165,000
Benefits
- Competitive compensation including equity program
- Comprehensive group health and dental benefits
- Life insurance
- Lifestyle Spending Account
- Flexible paid time-off policy with unlimited vacation days
- Flexible sick and mental health days
- Paid parental leave for eligible employees with a top-up
- Generous Group RRSP matching
- Optional TFSA program
- Training opportunities
- Tuition support
About the Company
- Purpose Unlimited is an independent financial services company focused on customer-centric innovation through technology-driven solutions.
- The company is developing a diversified product platform aimed at addressing historically underserved market segments.
- 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.
- Purpose Investments aims to make investing simple, intuitive, and affordable for everyone.
- Recognized as one of Canada's Top Small & Medium Employers for multiple consecutive years.
- Values entrepreneurialism, innovation, and a people-first approach.
Equal Opportunity
- Purpose Unlimited is an equal opportunity employer and is dedicated to fostering an inclusive and barrier-free work environment for all employees and candidates.
- Encourages all qualified candidates to apply.
- Accommodation is available during any stage of the recruitment process upon request.
