Senior Product Manager, Fund Management

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 $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 Much of what is available to the average Canadian investor today is outdated and expensive.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 :$125000 - $145000Job DescriptionWho you areThe Fund Management squad sits at the foundation of ourasset management business. This cross-functional team is accountable end to end for transforming how Purpose runs itsinvestmentfund operations moving fund accounting performancetrading operationsand the data that underpinsthese allonto a single governed platform. The book of record for our funds the daily NAVswe strike and every performance number we quote externally all trace back tothe workthis squad Sr. Product Manager Fund Management you will own the product vision roadmap and delivery for this squad. You willcollaborate with other teams todecide 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 is not a role for someone who wants to execute a predefined roadmap. It is a role for someone who wants to build : What you will doTranslate product vision and strategy into an actionable sequenced roadmap across the master-data spine and the valuation activity investor and disclosure pipelinesPartner with investment operations fund accounting data engineering and compliance to deeply understand workflows source systems and regulatory constraintsDecide what gets built and in what order picking a small number of high-leverage workstreams against a broad operational surface and sequencing them deliberatelyDefine and prioritize requirements that meet operational regulatory and analytical standardsWrite clear detailed user stories and acceptance criteria that engineering can execute on with confidencePressure-test major design decisions naming the alternatives considered the assumptions made and what would prove them wrongAct as a close partner to the engineering and data leads on priorities and trade-offs leadingplanningand review sessions as the product authority in the squadTrack delivery against clear business-language measures of success and report progress to stakeholders on a regular cadenceWhat you will own Fund accounting and NAVYou will own the outcome of a daily NAV that is correctdeliveredon time observable and defensible across more than 100 funds. You will replace manual end-of-process checks with automated assertions that catch issues at the source. This is the number regulators auditors and clients rely on when it is wrong you own the performance calculationsYou will own a single surface for returns attribution peer comparisons and AUM and flow time series any fund any series any period. Today this work is spread across parallel analytics tools that are never reconciled against one another. You willconsolidateit so that everyexternally-quotedperformance claim traces back to one auditable book of record for fundsYou will own theprimaryrecord of fund holdings positions NAVs flows and activity events that both fund accounting and performance sit on. You will move the business from a patchwork of partial segment-by-segment records to a single data platformYou will define the vision and roadmap for the master-datasourceand the pipelines valuation and NAV activity investor and disclosure and tax that bring raw feeds from custodians transfer agents sub-advisors and pricing vendors into governed schemas under explicit contracts. This is the surface that operations dashboards AI tooling regulators advisors and investors all transaction executionYouestablishbetter ways for external stakeholders toaccesswith our funds when necessarywhether an individualsubscriptionof our morecomplex fundsortrading onaportfoliowithinourwhite labelfundsprogramcreatingseamless experiences thatis central toouroverall offeringand client and lineageYou will own the lineage that makes every fund number traceable to its source. When a regulator auditor advisor or investor asks how a figure was produced the answer should be one auditable path not a spreadsheet someone has to reconstruct after the : What you will bring DomainexpertiseYou have meaningful experience in asset management fund operations or fund accounting or a closely adjacent domain. You understand NAV fund flows performance and attribution the roles of custodians transfer agents and sub-advisors and the disclosure and regulatory obligations of a Canadian fund manager. You do not need to be taught what a book of record is or why a NAV error is not just another depthYou know the difference between a product manager and a project manager and youoperatefirmly in the former. Youidentifyproblems worth solving before defining solutions. You have a clear point of view on prioritization can defend it with data and evidence and are comfortable saying no when capacity demands fluencyYou are comfortable in the detail. You can have an intelligent conversation with an engineer about data models pipelines schema design or system integration without needing translation. You do not write code but you understand enough to ask the right questions and make informed trade-offs about a data build trust quickly with engineering operations compliance and senior leaders including stakeholders who report throughdifferent partsof the organization. You can align diverse groups around a shared direction without formal authority taking their advice seriously without being gated by it. You are comfortable pushing back when the evidence supports a different -era mindsetYou actively look for opportunities to use AI and automation to replace manual checks automate validation and reconciliation and make fund data observable and self-monitoring. You understand that the role of a PM in an AI-first product team is evolving and you are ahead of that write clearly and concisely. Your user stories are specific. Your product briefs do not leave room for ambiguity. Your reasoning is defensible by construction and your stakeholder updates are direct great looks like in this roleFund management processes that getbetter day by dayremoving frictionsandimproving theexperienceA daily NAV that is correct on time and defensible with automated assertions catching issues before anyone else doesEvery fund performance number returns attribution peersAUMand flows computed from onecanonicalsurface and reconciled to sourceA single book of record for funds that replaces the patchwork of spreadsheets and parallel analytics toolsGoverned schemas that answer the businesss real questions like where AUM isactually calculated instead of leaving consumers to compute against raw dataAn engineering and data squad that knows exactly what to build next and whyWhy 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 structureA 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 healthcomprehensive 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 -a flexible paid time-off policy covering vacation sick and mental health care about your family-Paid parental leave for eligible employees with a care about your futureGenerous Group RRSP matching and an optional TFSA care about your developmentWe offer training opportunities and tuition support 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 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 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

Employment Type : Full Time
Experience: years
Vacancy: 1