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Director, Product Innovation and Development


Job Location:

Toronto - Canada

Monthly Salary: $ 135000 - 164000
Posted: 10 June 2026 (30+ days ago)
Application Deadline: 7 September 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

Job Description

Location: Toronto

Referral: Level 1

Mackenzie Investments

IGM Financial Inc. is a leading wealth and asset management company in Canada managing approximately$310billionin assetsas 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 IGMs 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 Canadas Top 100 Employers for the fourth consecutive year and one of Canadas 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 firms 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 firms 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

  • 68 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 $135000 - $164000 which is determined based on skills knowledge and experience and geographic 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-weightedbonus education/career support option to join Employee Share Purchase Plan with employer matchingcomponent.
  • 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:voluntaryGroup RRSP enrolment with employer matchingcomponent.
  • WORK LIFE BALANCE:paid volunteer days competitive time off including 10 wellness days offWorkPerksdiscount 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 thatrepresentthe 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 providingbarrier-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 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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Required Experience:

Director