Director, Investment Product Management

Job Description

Grade: P9

Referral Level: Level 2

Division: MI Products

IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments.

Under IGM Financial’s unique business model based on leading brands and multi-channel distribution strategy is Mackenzie Investments, founded in 1967. Mackenzie Investments is a holistic asset-management partner for thousands of Canadian financial advisors and the investors they support.

At Mackenzie Investments You Can Build Your Career with Confidence.

We have a vision and a strategy that will challenge the way business in this industry is done and help Canadians be successful in the ways that mean the most to them. As part of our team, you will do some of your best work, develop some of your most valuable skills and give back in ways that make a difference in the lives of Canadians. We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive while working remotely, while also providing resources to ensure physical and mental wellness were put front and centre.

Join an unstoppable team that is embedded in continuous learning, understanding, and knowledge sharing. You will thrive in our supportive environment where you can indulge your curiosity to learn, while receiving the feedback you need to refine your skills and abilities. We are dedicated to offering a hybrid work environment when applicable.

Mackenzie Investments 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.

The Director, Investment Product is an experienced member of the Equity team in Product and Solutions division of Mackenzie. The successful candidate brings prior investment product experience and is an individual contributor in product management, planning and strategy. The role owns fund monitoring and evaluation processes, working closely with investment managers and senior leadership, helping form a more complete picture of fund success. The successful candidate needs detailed knowledge of the analytics in funds management business, experience and skill evaluating investment fund manager success (i.e. manager research), organized and efficient project management and problem-solving, as well as demonstrated ability to influence opinions, perceptions and inspire action. The role does not have any direct reports and is mainly supported by a wide array of technology, tools and data infrastructure, with secondary support coming from P&S centers of excellence in investment funds and industry insights.

Product Success

• Lead internal research independently.
• Develop detailed product performance standards and monitoring ranges for all Equity and Multi-Asset products.
• Build relationships with portfolio managers and sub-advisors to gather information on product performance.
• Create analytical tools and frameworks to support evaluation processes.
• Ensure consistency in fund standard monitoring across the Equity and Multi-Asset shelf.
• Analyze and communicate whether products meet their goals, suggesting remediation when necessary.
• Regularly review monitoring systems and processes, including fund benchmark evaluation.
• Coordinate with portfolio management and product leaders to ensure consistent product standards and messaging.
• Develop peer group comparators with experts to explain product success.

Business Partner

• Share insights with product leaders and senior stakeholders.
• Advocate for clients within the organization.
• Bring expert knowledge of investment philosophy, process, performance, and research to fund goal setting.
• Serve as an objective feedback mechanism to investment management and product teams.
• Combine strong investment analytics knowledge with the ability to communicate impacts on business performance.
• Understand investment strategies, peer groups, performance, and attribution analysis.
• Develop partner relationships across Mackenzie functional units.

Product Development

• Collaborate with product development and portfolio management to identify new opportunities.
• Develop new product performance standards and help craft investment standards.

Revenue Growth

• Evaluate product shelf success to ensure a world-class offering and identify areas for growth.
• Highlight competitive and successful investment strategies to the organization and leadership.

Qualifications

• 10 years of experience in manager research or product management with strong research, analytics, leadership, and influencing skills.
• Strong quantitative investment knowledge and the ability to communicate impacts on investment performance.
• Deep understanding of capital markets and asset management.
• Professional manner in dealing with internal stakeholders.
• Excellent communication skills, both written and verbal.
• Proven client relations skills and the ability to manage multiple relationships.
• Strong analytical and data visualization skills.
• Self-starter with proven problem-solving skills and creative solutions.
• Attention to detail and ability to manage multiple tasks simultaneously.
• Proficiency with Tableau or other visualization tools.
• CIPM qualification is advantageous.
• CFA or equivalent technical experience is essential.
• MBA or similar training is a plus.

Values and Personal Attributes

• Analytical and strategic thinker.
• Ability to build relationships at all levels.
• Flexible and able to manage multiple complex tasks.
• Creative and entrepreneurial spirit.
• Ability to implement solutions, not just analyze.
• Intellectual rigor.
• Team-oriented mindset.
• Warm, friendly, collegial, and approachable.
• Ability to relate well to all kinds of people.
• Energetic leader.
• Client-focused.
• High integrity.
• Detail-oriented and accountable.

Please apply by December 10, 2024.