Director, Product Innovation and Development

Location: Toronto

Referral: Level 1

Mackenzie Investments  

IGM Financial Inc. is a leading wealth and asset management company in Canada, managing approximately $310 billion in assets as of December 31, 2025. It offers financial planning and investment services to over two million Canadians through IG Wealth Management and Mackenzie Investments. 

Mackenzie Investments, founded in 1967, is a key part of IGM's business model, serving as a comprehensive asset-management partner for Canadian financial advisors and their clients. 

At Mackenzie Investments You Can Build Your Career with Confidence. We are proud to be recognized as one of Canada’s Top 100 Employers for the fourth consecutive year and one of Canada’s Best Diversity Employers. Our vision and strategy aim to innovate the industry and support Canadians in achieving their financial goals. 

Join our team to engage in continuous learning and skill development in a supportive environment. Experience the best of both worlds with our hybrid work environment, where you spend three days a week in the office, connecting, collaborating, and enjoying quality time with your amazing colleagues!  Our Values: Be better; we strive for improvement in everything we do. Be accountable; we foster clarity and are empowered to act responsibly. Be a team; we are united to drive collective impact to achieve our goals. 

Position Summary
The Director, Product Innovation & Development plays a leadership role in  the development and advancement of the firm’s product innovation agenda across ETFs, mutual funds, and alternative investment strategies. The role focuses on identifying, evaluating, and shaping differentiated product opportunities aligned with strategic priorities, market trends, and client demand.

Working closely with the VP, this individual will play a key role in driving the innovation pipeline, ensuring product opportunities are well-defined, commercially viable, and ready to progress through the product development lifecycle.

Key Responsibilities

Innovation Pipeline Development

• Work with the team to develop and advance the product innovation pipeline
• Identify and shape new product ideas across ETFs, mutual funds, and alternative structures
• Lead the evaluation and support prioritization of opportunities based on strategic alignment, market demand, and commercial viability
• Ensure product concepts are clearly defined and sufficiently developed to move into execution

Development of Strategic Opportunities

• Lead the development of complex or high-priority product initiatives, including early-stage structuring and feasibility analysis
• Translate market trends and client needs into actionable product concepts
• Develop business cases and supporting rationale for new product opportunities
• Partner with the VP to define and evolve the firm's product innovation strategy across ETFs, mutual funds, alternatives, and emerging investment structures.

Cross-Functional Collaboration

• Work closely with Investment Management, Distribution, Legal, Marketing, and Operations to refine and advance product ideas
• Partner with other members of the product team to support transition from concept to launch
• Act as a key point of coordination for innovation-related initiatives
• Influence strategic decisions through data-driven insights and market trends.

Product Strategy & Market Insights

• Monitor industry trends, competitive developments, and regulatory changes to inform product opportunities
• Contribute to the development of product strategy through insights and idea generation
• Develop and maintain a multi-year innovation roadmap aligned with business growth objectives.
• Support the identification of emerging areas of opportunity

Governance & Stakeholder Communication

• Own the preparation of materials for product governance forums and internal committees
• Clearly articulate the rationale, risks, and commercial considerations of product opportunities
• Maintain alignment across stakeholders throughout the development process

Qualifications

Experience

• 6–8+ years of experience in asset management, with a focus on product development, strategy, or innovation
• Experience across ETFs and/or multi-asset investment products preferred
• Demonstrated experience developing and advancing product ideas

Skills & Competencies

• Strong understanding of investment products and market structure
• Strategic thinking with ability to translate insights into actionable opportunities
• Strong analytical and problem-solving skills
• Excellent stakeholder management and communication skills
• Ability to manage multiple priorities in a fast-paced environment

Education

• Undergraduate degree in business, finance, economics, or a related field
• CFA or progress toward CFA considered an asset

The expected annual base salary range for this role is $135,000 - $164,000, which is determined based on skills, knowledge and experience and geographic location. In addition to base salary, this role is eligible for annual short-term incentive, health and well-being benefits, retirement and savings plan, paid time off and career development.

Benefits:  

• COMPETITIVE COMPENSATION & RECOGNITION: competitive base salary, performance-weighted bonus, education/career support, option to join Employee Share Purchase Plan with employer matching component. 

• EMPLOYEE BENEFITS & INSURANCE: competitive health and dental coverage, flexible plan for you and your family and short-term & long-term disability plans. 

• RETIREMENT SAVINGS PROGRAMS: voluntary Group RRSP enrolment with employer matching component. 

• WORK LIFE BALANCE: paid volunteer days, competitive time off including 10 wellness days off, WorkPerks discount program, hybrid & flex work arrangements. 

• INCLUSIVE CULTURE AND DIVERSITY: living our core values: Be a Team, Be Accountable, Be Better, engaging with community through Business Resource Groups (BRG communities are volunteer employee-led groups formed around a common interest, identity, or background).  

IGM is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas. 

Mackenzie Investments is an accessible employer committed to providing barrier-free recruitment experience. If you require accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.    

How to Apply: Interested candidates are invited to submit their resume and a cover letter detailing their qualifications and experience to https://www.mackenzieinvestments.com/en/careers.  

Artificial Intelligence in Recruitment: As part of our Talent Acquisition process, we may use artificial intelligence and automated tools to support activities such as candidate sourcing, application review, and interview scheduling. These tools support the recruitment process; all hiring decisions are made by people. 

We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted. 

Please apply by June 22 2026

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