Senior Trader
Posted:
8 August 2026 (19 hours ago)
Application Deadline:
5 November 2026
Vacancies:
1 Vacancy
Job Summary
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 Much of what is available to the average Canadian investor today is outdated and expensive.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 DescriptionThe roleThe Senior Trader is a well experienced execution professional responsible for trading across the full asset class spectrum exchange-traded securities OTC instruments FX digital assets and physical commodities. This is a hands-on execution role with a broader mandate: the Senior Trader helps set the standard for how the desk operates contributes to workflow improvement and plays an active part in how the trading function evolves as the platform right candidate is automation-enabled comfortable using AI tools to sharpen analysis streamline routine processes and focus human attention where judgment matters most. This is not a technology build role; it is an execution role for someone who uses modern tools the right person this role offers a clear path toward taking on broader responsibility across the trading function as the desk and platform continue to TeamThe trading desk operates as a single unit. Traders work in close collaboration covering the full trading mandate together sharing knowledge and ensuring seamless continuity across all markets and instruments. While each trader brings distinct expertise to the desk the expectation is full mutual coverage: there are no hard boundaries in a live Senior Trader contributes to the quality and consistency of execution across the team and helps to develop the collective capability of the trading function over : What you will do/ What you will ownTrading Execution Execute trades across equities ETFs derivatives FX digital assets and physical commodities Own the FX hedging program design execution ongoing monitoring and reconciliation across all applicable fund mandates Trade and settle digital assets and physical bullion across supported fund structures Provide full coverage across all trading functions the desk operates as one Monitor intraday market conditions and manage execution quality across all instruments Approve and manage daily market maker basket files as requiredAnalysis & Position Management Model and monitor FX hedging positions and derivatives exposure understand the risk not just the trade Use AI tools to maintain execution analytics track hedge performance and surface position-level insights Monitor daily cash balances and fund liquidity across applicable mandates Maintain Bloomberg AIM data integrity positions security setup and book of record hygiene in coordination with the trade operations teamWorkflow & Desk Development Identify and drive workflow improvements use AI tools and available platforms to reduce manual effort andimprove desk processes Contribute to the development of the broader trading team share expertise provide guidance and help raise the quality of execution across the function Collaborate with technology and engineering on desk automation initiatives Document and standardise trading workflows as automation is deployedCompliance & Risk Ensure all trading activity complies with fund mandates regulatory requirements and internal policies Escalate material exceptions promptly with full context and a clear recommendation Maintain accurate audit trails across all executed transactionsQualifications: What you will bring Experience 5 years of experience in a trading or capital markets execution role at a buy-side or sell-side institution Demonstrated experience managing and executing an FX hedging program across multiple fund mandates Hands-on experience trading and settling digital assets in a regulated or institutional environment Proven multi-asset execution across equities ETFs derivatives and FXTechnical & Analytical Proficiency with Bloomberg (EMSX AIM or equivalent OMS/EMS) Quantitative fluency able to independently model monitor and communicate FX and derivatives positions Comfortable using AI tools such as Claude or Microsoft Copilot to automate analysis surface exceptions and improve how the desk operates without needing to build the tools yourself Strong understanding of the full trade lifecycle from execution through settlementCompetencies Precision and urgency in a live market environment accurate under pressure every time Takes ownership closes issues independently and escalates with context not just flags Natural collaborator works openly with the team shares knowledge and contributes to a high-trust environment Proactive communicator updates flags and surfaces issues without being prompted Improvement mindset looks for better ways to do things and acts on themPreferred Qualifications Familiarity with OTC derivatives swaps structured products or off-exchange instruments Exposure to ETF market structure and authorised participant relationships Experience leading or mentoring on a trading desk Canadian securities licensing (CSC CFA or equivalent) is an assetWhy 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