Innovation Development Manager Jobs in Ontario (NOW HIRING)

Grade:P10
Referral Level: Level 2
Division:MI-PR

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 years 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. 

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.

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.

Qualifications

• 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

Values and Personal Attributes

• 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

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 September 11, 2026. 

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