Director, Investment Specialist/Head of Co-Manufactured Products

Manulife • Boston, MA

15d • Hybrid

About The Position

The Director, Investment Specialist/Head of Co-Manufactured Products will lead the end-to-end development and product management of innovative financial products, including proprietary products, co-manufactured target date collective investment trust funds, lifetime income and managed account solutions. The role requires expertise in multi-asset strategies, defined contribution plans, and innovative investment solutions. The Director will collaborate closely with cross-functional internal teams, including Sales, Marketing, Operations, Legal, Compliance, and Risk, to ensure successful product delivery. Externally, they will be the single point of contact with Fund Partners, Fiduciary partners and third-party trust companies. This individual will also oversee the strategic alignment of product initiatives with market trends, regulatory requirements, client needs and be accountable for commercial success of these products.

Requirements

• MBA or advanced degree in Finance, Business Administration, or related field.
• CFA, CAIA, or a comparable financial certification.
• 8+ years of product management and development experience within financial services, asset management, or investment consulting, preferably with exposure to defined contribution and multi-asset strategies.
• Proven track record in developing, launching, and managing investment products, including lifetime income solutions, co-manufactured target-date funds and managed account solutions.
• Familiarity with the DC industry, including an understanding of ERISA and the broad ecosystem (investment managers, insurers, middleware providers, investment consultants and advisors, etc.).
• Deep knowledge of various defined contribution vehicles, including collective investment trusts, mutual funds, separate accounts, and alternative investments.
• Excellent analytical and problem-solving capabilities, with a strategic mindset.
• Strong project management skills, with proven ability to manage complex cross-functional initiatives.
• Exceptional communication skills, both written and verbal, with the ability to influence stakeholders at all levels.
• Ability to manage multiple projects simultaneously, prioritize effectively, and meet deadlines.
• Experience with competitive analysis, financial modeling, and pricing strategies.
• Proficiency with industry tools, such as Morningstar Direct and Factset
• Ability to travel (up to 25%).
• Relationship Building & Collaboration: Establish and nurture strong relationships across the firm, coordinating seamlessly with key internal stakeholders to ensure alignment and successful execution of initiatives.
• Leadership & Collaboration : Demonstrated ability to lead and motivate cross-functional teams, driving alignment and accountability across departments.
• Innovation : Ability to identify new product opportunities and bring them to market with a focus on differentiation and client needs.
• Results-Oriented : Proven ability to drive product development initiatives from ideation through to successful launch, with a focus on meeting client and business goals.
• Client-Focused : Strong client service mentality, with experience engaging with clients and consultants to understand needs and gather feedback.
• Adaptability : Ability to thrive in a fast-paced, evolving market environment, balancing multiple priorities while maintaining focus on key strategic objectives.

Responsibilities

• Product Management : Spearhead the ideation, design, and development of investment products, with a focus on retirement solutions, including target-date funds, lifetime income solutions, and multi-asset strategies. Ensure products meet client needs, market demands, and regulatory standards.
• Cross-Functional Leadership : Lead and collaborate with internal teams (Sales, Marketing, Operations, Legal, Compliance, and Risk) throughout the product development lifecycle to ensure successful launch and management of new products.
• Market Research & Strategy : Conduct in-depth research on market trends, competitive landscape, client demands, and regulatory changes to inform product strategy, anticipate future trends, and identify growth opportunities.
• Project Management : Manage product development timelines, budgets, and resources, ensuring project milestones are met. Track progress, resolve issues, and keep stakeholders informed.
• Client & Consultant Engagement : Partner with internal teams to present and position new products to clients, consultants, and prospects. Gather feedback and insights to continuously improve product offerings.
• Product Innovation : Explore opportunities for innovative product solutions that can differentiate the firm’s offerings in the market. Foster a culture of innovation within the Product Development team.
• Regulatory Compliance : Ensure all products adhere to relevant U.S. regulatory guidelines, including SEC, IRS, ERISA, and other governing bodies. Collaborate with Legal and Compliance teams to ensure accurate documentation and transparent product disclosures.

Benefits

• Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
• Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans.
• We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources.
• Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees