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 Advisor Solutions by Purpose?
Advisor Solutions by Purpose, a subsidiary of Purpose Unlimited, is an innovative financial technology firm providing modern client and practice management technology and services for independent portfolio management and financial advisory businesses in Canada. Recognized by Wealth Professional Magazine as 2023 Wealth Tech Service Provider of the Year and one of Canada’s Top 2023 Small and Medium Employers, Advisor Solutions by Purpose’s end-to-end solution simplifies the advisor practice and makes it easier for clients to access better services to achieve their financial goals. For more information, please visit https://www.purposeadvisors.com
Harness Investment Management Inc. (Harness) is registered across Canada as a Portfolio Manager and Exempt Market Dealer, providing discretionary investment management services to individual and corporate clients.
Vacancy Status: This is for a current opening.
Compensation: $145,000 - $155,000
Who you are
Purpose Unlimited is building a compliance function that matches our ambition: proactive, commercially fluent, and designed for the regulatory environment of the next decade – not the last one. The Senior Manager, Compliance is the operational engine of that function. You will own the day-to-day integrity of our compliance program, protect the firm against regulatory risk, and serve as a trusted advisor to the business – translating complex securities law and AML obligations into clear, workable guidance. This is not a reactive role. We expect you to identify risk before it surfaces, build systems that scale, and partner with leadership to ensure compliance is a competitive advantage, not a constraint.
Responsibilities: What you will do/ What you will own
Regulatory Compliance & Advisory
- Serve as the compliance advisor to business units on securities regulatory requirements, AML obligations, and privacy escalations – providing timely, practical guidance that enables decision-making.
- Help manage regulatory engagement: street sweeps, OSC/AMF/BCSC inquiries, and all forms of regulatory correspondence with professionalism and precision.
- Execute against the compliance program for the firm’s Portfolio Manager and Exempt Market Dealer registrations, achieving continuous alignment with NI 31-103 and applicable regulatory requirements.
Policies, Procedures & Risk Frameworks
- Draft, maintain, and evolve the firm’s compliance policies and procedures –so that they are accurate, accessible, and operationally embedded, not shelf documents.
- Maintain a consistent, integrated risk management framework that enables the business to identify, assess, and mitigate compliance risk at scale.
- Design and operationalize internal controls – from policy to practice – with clear ownership, testing cadences, and remediation protocols.
Compliance Calendar & Reporting
- Execute duties within the compliance calendar: track all regulatory filing deadlines, internal review cycles, and committee reporting requirements – ensuring the firm is always ahead, never reactive.
- Prepare high-quality materials for Risk Committees and Boards, including quarterly and semi-annual compliance reports that are clear, evidence-based, and decision-ready.
- Leverage compliance technology and AI-assisted tools to automate monitoring workflows, flag exceptions, and produce reporting with greater speed and accuracy.
Culture, Training & Governance
- Actively build a risk-aware culture by designing and delivering compliance training that is relevant, engaging, and retained – not checkbox compliance.
- Support the CCO in governance matters, including the escalation of material compliance issues, board-level reporting, and regulatory relationship management.
- Identify opportunities to streamline compliance operations through AI-assisted monitoring, automated surveillance, and workflow tools that reduce manual burden and increase coverage.
What AI Handles – So You Don’t Have To
Purpose Unlimited deploys AI tools across our compliance function. You will direct and oversee these tools – not perform the work they do. Specifically:
- Initial drafting of standard compliance communications, policy updates, and reporting templates.
- Data aggregation
- Compliance calendar tracking, deadline alerts, and workflow reminders.
- First-pass research on regulatory queries and street sweep preparation.
What Only You Can Do
- Exercise judgment in grey-area regulatory situations where the answer is not in a rulebook.
- Build trusted advisory relationships with business leaders who bring you problems before they become issues.
- Translate regulatory complexity into clear, commercially intelligent guidance that enables – not obstructs – the business.
- Champion a culture of compliance that people respect, not merely tolerate.
Qualifications: What you will bring
- 5+ years of progressive compliance experience in a Canadian registered firm (Portfolio Manager, Exempt Market Dealer, or Investment Dealer)
- Demonstrated knowledge of NI 31-103, CSA rules, FINTRAC AML/ATF requirements, and PIPEDA/provincial privacy legislation.
- Experience owning regulatory filings, compliance reporting, and direct engagement with securities regulators.
- Proven ability to draft clear compliance policies and advise the business on complex regulatory matters.
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 - a flexible paid time-off policy covering vacation, 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.
Advisor Solutions by Purpose 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 and Culture team at
[email protected]. 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.
Applicants must be legally entitled to work in Canada. Immigration sponsorship is not offered for this role.
We 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.
