Product Analyst – Fixed Income and Cash
Purpose Unlimited is 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 Unlimited’s businesses include Purpose Investments, Advisor Solutions by Purpose, and Driven.
Who is Purpose Investments?
Purpose 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 Much of what is available to the average Canadian investor today is outdated and expensive.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 everyone.
You have background and strong interest in finance and investing. You have knowledge of various financial products and markets, and have strong analytical skills. You are organized, an excellent communicator and a team player. You strive to find efficiencies in the way you tackle work, constantly trying to find ways to improve the status quo. You take ownership of the work you tackle, are not afraid to ask questions and are comfortable in a rapidly changing environment. You want to play a crucial role in the development and management of investment products and provide analytical support to the Product team, assisting in the design, development, and ongoing enhancements of our product offerings. Your insights and analysis will help shape strategic decisions and ensure our products meet the needs of our clients.
Responsibilities:
· Support fixed income and cash product strategy through performance monitoring, attribution analysis, and competitive benchmarking.
· Prepare analysis on fund flows, industry data, and competitor activity specific to fixed income and cash categories.
· Work with the product and marketing teams, portfolio managers and sub-advisors on developing support materials for our fixed income and cash products including but not limited to, fund commentaries and other related fund updates, whitepapers and email campaigns
· Researching new product ideas and market trends and communicating these trends to the firm.
· Assist in the development of new investment products from concept to launch, including drafting of product proposals and coordinating with necessary stakeholders.
· Participate in process enhancement exercises to automate, improve and support the firm's efforts across the business
· Assist in responding to client inquiries in a timely manner and prepare materials for client presentations and reports.
· Help prepare presentation materials for management meetings and client presentations
· Assist management on ad hoc projects as needed
Qualifications:
· University degree in Business Administration, Finance, Economics or related field
· Progress towards CFA designation (Level I or higher) or other relevant postgraduate accreditation strongly preferred.
· 1 to 3 years of experience in an asset management, financial services, or a related field
· Strong analytical and quantitative skills
· Familiarity with fixed income analytics (e.g., duration, convexity, yield curves, credit ratings, spread analysis).
· Experience with performance measurement and attribution for fixed income portfolios is an asset.
· Excellent communication and presentation skills, conveying complex information in a clear manner as the role requires communication with various teams including Portfolio managers, Sales, Marketing, and Legal
· Advanced knowledge of Microsoft Office suite including Excel and PowerPoint
· Ability to work under stress in time sensitive situation
· Knowledge in using Bloomberg terminal and API
· Knowledge in the Financial market, and interest in new Technological innovations
· Knowledge in python, SQL, VBA or other programming languages is considered an asset
Why should you join us? · We are one of Canada's Top Small & Medium Employers' 2023 & 2024.
· We believe in innovation and a vibrant culture - work for an innovative, people-first, financial services firm that values entrepreneurialism.
· We believe in a flexible work structure – A flexible hybrid work model that empowers you to do your best work whether at home or the office.
· We care about your rewards - Competitive compensation including equity program.
· We 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 needs.
· We care about your quality of life - flexible paid time-off policy with unlimited vacation days, and flexible sick and mental health days.
· We care about your family - Paid parental leave for eligible employees with a top-up.
· We care about your future – Generous Group RRSP matching and an optional TFSA program.
· We care about your development – We offer training opportunities and tuition support year-round.
Purpose Unlimited is 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 & Culture team at PeopleCultureTeam@purpose-unlimited.com. We thank all applicants for their interest; however, only those selected for interviews will be contacted.
Our work philosophy is a hybrid model allowing for flexibility and collaboration.
