Description:
Purpose Investments, a leading innovation-driven asset management company with over $22 billion in assets under management, is seeking a Senior High Yield Trader to join its dynamic team. This role is crucial in capital markets oversight, investment idea generation, and loss prevention. The successful candidate will play a key role in trading activities, investment research, and market analysis, with potential sector-specific coverage as an investment analyst.
Responsibilities:
- Generate and document investment reports, trading reports, and P&L analysis
- Lead and oversee the investment process to drive idea generation
- Measure progress through company meetings, conferences, analyst interactions, and market research
- Monitor existing holdings and assess relevant data correlations to fundamentals
- Track daily new issue activity and conduct relative value analysis
- Engage with sell-side dealer counterparty trading desks to optimize trade execution
- Pitch and execute trade ideas to generate uncorrelated P&L
Qualifications:
- Minimum 5 years of experience in a capital markets environment
- Background as a fixed-income credit trader or capital markets professional
- Strong educational foundation: BCom, HBA, MBA, CFA, or advanced accounting knowledge
- Proven attention to detail and strong process/managerial skills
Why Join Us?
- Recognized as one of Canada's Top Small & Medium Employers (2023 & 2024)
- Flexible hybrid work model
- Competitive compensation including an equity program
- Comprehensive health & dental benefits, life insurance, and a Lifestyle Spending Account
- Unlimited vacation days, flexible sick & mental health leave
- Paid parental leave with top-up
- Generous Group RRSP matching & optional TFSA program
- Training opportunities and tuition support