AVP, Product Innovation & Development

Mackenzie Financial Corporation•Toronto, ON

4d•Hybrid

About The Position

Mackenzie Investments is seeking a visionary and strategic leader to join our Product Department as the Assistant Vice President (AVP) of Product Innovation & Development. In this pivotal role, you will be the driving force behind the evolution of our retail investment offerings, taking full ownership of the product development pipeline for both mutual funds and ETFs. You will be responsible for leading the entire innovation lifecycle—from initial idea generation and market trend analysis to the successful execution of product launches—directly shaping the future of our product shelf and playing an integral part in Mackenzie's global growth strategy.

Requirements

Undergraduate or graduate degree in Finance or Business
A minimum of 10 years of experience with specific product development experience within the Financial Services industry
CFA is a requirement
A strong working knowledge of capital markets, asset categories and investment products.
Effective presentation skills
Strong knowledge of investment industry products and services as well as distribution channels
Ability to build relationships with teams across the organization
Strong organization and prioritizing skills with ability to manage multiple projects
Excellent interpersonal skills, including highly skilled communication skills
Strong analytical and research skills
Innovative and detail-oriented
Advanced proficiency in Excel, PowerPoint, Bloomberg, and Morningstar Direct

Nice To Haves

Analytical, strategic thinker
Ability to build relationships internally with all levels
Comfort with ambiguity
Flexible - comfort managing multiple complex tasks at once; prioritizing
Creative, entrepreneurial spirit
Ability to implement – not just analyze
Intellectual rigor
Team-oriented attitude
Warm, friendly, collegial, and approachable
Ability to relate well to all kinds of people
Client-focused
High integrity
Detail-oriented
Accountable

Responsibilities

Lead development of new investment funds for inclusion on Mackenzie’s retail platforms ensuring initiatives align with strategy, market opportunities, and long-term growth objectives.
Oversee the product development pipeline, including mutual funds and ETFs, for the retail market in alignment with the organization’s strategy.
Lead the product development process, which includes idea generation, opportunity assessment, product evaluation, business case development and the execution of product launches in collaboration with the cross-functional teams supporting these initiatives.
Drive innovation through regular identification of product-related trends driving the creation of new and innovative products for the market.
Build and maintain strong working relationships with the portfolio managers and sub-advisors, levering their expertise to inform product design, portfolio construction considerations, and fund positioning.
Provide the Sales Team and other internal partners with knowledge and training for all new product launches.
Identify and drive best practices, opportunities for improvement and actively participate in discussions and initiatives to improve Mackenzie’s competitive position.
Continuously monitor and evaluate Mackenzie’s product shelf to ensure they anticipate and exceed investor, advisor and dealer needs in the context of demographic, distribution, competitive and regulatory trends and provide recommendations for improvements and/or innovation.
Develop and present business cases and work with business partners on requirements gathering, analysis and implementation for new product solutions.
Collaborate with Product, Marketing and Operations colleagues in driving the creation of all new product promotional materials and web content.

Benefits

competitive base salary
performance-weighted bonus
education/career support
option to join Employee Share Purchase Plan with employer matching component
competitive health and dental coverage
flexible plan for you and your family
short-term & long-term disability plans
voluntary Group RRSP enrolment with employer matching component
paid volunteer days
competitive time off
10 wellness days off
WorkPerks discount program
hybrid & flex work arrangements
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)