Senior Product Manager, Fund Management

Purpose Unlimited • Toronto, ON

3d • CA$125,000 - CA$145,000 • Hybrid

About The Position

The Fund Management squad is a cross-functional team responsible for transforming Purpose's investment fund operations. This includes consolidating fund accounting, performance, trading operations, and underlying data onto a single governed platform. This role is crucial for maintaining the accuracy of fund records, daily Net Asset Values (NAVs), and performance metrics.

As the Sr. Product Manager, Fund Management, you will be responsible for the product vision, roadmap, and delivery for this squad. You will collaborate with operations, engineering, data, and compliance teams to identify and prioritize problems, making critical decisions under pressure. This role requires an individual who can build a product roadmap rather than simply execute a predefined one.

Requirements

• Meaningful experience in asset management, fund operations, or fund accounting, or a closely adjacent domain.
• Understanding of 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.
• Ability to identify problems worth solving before defining solutions.
• Clear point of view on prioritization, defensible with data and evidence, and comfortable saying no when capacity demands it.
• Comfortable in the detail; able to have intelligent conversations with engineers about data models, pipelines, schema design, or system integration.
• Ability to build trust quickly with engineering, operations, compliance, and senior leaders.
• Ability to align diverse groups around a shared direction without formal authority.
• 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.
• Clear and concise communication skills.
• Specific user stories.
• Product briefs that do not leave room for ambiguity.
• Defensible reasoning by construction.
• Direct and evidence-based stakeholder updates.
• Legally entitled to work in Canada.

Nice To Haves

• Experience replacing manual, end-of-process checks with automated assertions that catch issues at the source.
• Experience consolidating fund performance calculations into a single surface for returns, attribution, peer comparisons, and AUM and flow time series.
• Experience moving from a patchwork of partial, segment-by-segment records to a single governed foundation for fund holdings, positions, NAVs, flows, and activity events.
• Experience defining the vision and roadmap for master-data sources and pipelines (valuation and NAV, activity, investor, and disclosure and tax).
• Experience establishing better ways for external stakeholders to access funds, creating seamless experiences for subscriptions or portfolio trading.
• Experience owning the lineage that makes every fund number traceable to its source.
• Understanding that the role of a PM in an AI-first product team is evolving.

Responsibilities

• Translate product vision and strategy into an actionable, sequenced roadmap across the master-data spine and the valuation, activity, investor, and disclosure pipelines.
• Partner with investment operations, fund accounting, data engineering, and compliance to deeply understand workflows, source systems, and regulatory constraints.
• Decide what gets built and in what order – picking a small number of high-leverage workstreams against a broad operational surface and sequencing them deliberately.
• Define and prioritize requirements that meet operational, regulatory, and analytical standards.
• Write clear, detailed user stories and acceptance criteria that engineering can execute on with confidence.
• Pressure-test major design decisions – naming the alternatives considered, the assumptions made, and what would prove them wrong.
• Act as a close partner to the engineering and data leads on priorities and trade-offs, leading planning and review sessions as the product authority in the squad.
• Track delivery against clear, business-language measures of success and report progress to stakeholders on a regular cadence.

Benefits

• Competitive compensation including equity program.
• Comprehensive group health and dental benefits and life insurance at little to no cost.
• Lifestyle Spending Account for wellness needs.
• Flexible paid time-off policy covering vacation, 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 year-round.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed