Senior Manager, Product Development

John Hancock; Boston (MA); Hybrid; USD 92,000 - 160,000; Full time

Benefits offered by this job

Health insurance

Incentive programs

Job summary

Manulife/John Hancock is seeking a Senior Manager of Product Development to advance investment product ideas from concept to launch. The role emphasizes asset management knowledge, analytical judgment, and stakeholder management, with exposure to tokenization and digital assets.

The candidate will lead cross-functional initiatives, develop business cases, and coordinate governance across Investments, Distribution, Marketing, Finance, Operations, Legal and Compliance.

Qualifications

• 7-10 years in investment product development or related asset management functions.
• 3+ years coordinating cross-functional initiatives and supporting senior-level decision-making.
• Bachelor's degree in finance, economics, business administration, or related field; MBA/CFA/CAIA preferred.
• Experience launching investment products across multiple structures and distribution channels (mutual funds, ETFs, CITs, SMAs, model portfolios, retirement products, alternatives).
• Strong knowledge of product governance, regulatory considerations, and lifecycle management.

Responsibilities

• Develop and execute product roadmaps aligned with objectives, client needs and market opportunities.
• Partner with leadership to evaluate growth opportunities across retail, institutional, retirement and wealth channels.
• Contribute to business cases and recommendations for new products, enhancements, partnerships and platform initiatives.
• Coordinate governance, timely execution and successful commercialization of initiatives.
• Prepare governance materials and executive presentations for senior stakeholders.

Skills

Investment product development

Cross-functional initiatives

Stakeholder management

Tokenization & digital assets

Education

Bachelor's degree in finance, economics, or business

MBA, CFA, CAIA or similar designation

Tools

Morningstar Direct

FactSet

Bloomberg

Power BI

Excel

Job description

The Senior Manager, Product Development, will support Manulife’s investment product development strategy by developing business cases, coordinating cross-functional initiatives, and helping move product ideas from concept through launch. The role requires strong asset management knowledge, analytical judgment, stakeholder management skills, and an interest in emerging areas such as tokenization and digital assets.

Position Responsibilities

Product Strategy & Planning

• Support the development and execution of the product roadmap in alignment with business objectives, client needs, and market opportunities.
• Partner with product leadership and cross-functional stakeholders to evaluate growth opportunities across retail, institutional, retirement, and wealth channels.
• Contribute to business cases and recommendations for new products, enhancements, partnerships, platform initiatives, and broader global product priorities.

Product Development & Commercialization

• Manage product initiatives from concept through launch and post-launch review, with guidance from product leadership as needed.
• Coordinate multiple strategic projects, supporting strong governance, timely execution, and successful commercialization.
• Prepare governance materials, executive presentations, approval documents, and business cases for review by senior stakeholders.

Innovation & Market Intelligence

• Monitor industry trends, competitive developments, regulatory changes, and client needs.
• Identify opportunities across public and private markets, retirement solutions, model portfolios, multi-asset products, and emerging areas such as tokenization and digital assets.
• Translate market intelligence into actionable product concepts and recommendations.

Cross-Functional Leadership

• Serve as a day-to-day liaison across Investments, Distribution, Marketing, Finance, Operations, Legal, Compliance, Risk, and external partners.
• Build strong relationships to support effective decision-making and execution.
• Support the preparation and presentation of recommendations to senior management and governance committees.
• Support distribution and marketing teams with product positioning and commercialization.

Required Qualifications

• 7-10 years of experience in investment product development, product management, investment strategy, governance, or related asset management functions.
• 3+ years of experience managing cross-functional initiatives, coordinating stakeholders, and supporting senior-level decision-making.
• Bachelor's degree in finance, Economics, Business Administration, or related field; MBA, CFA, CAIA, or similar designation preferred.
• Experience supporting the development and launch of investment products across multiple structures and distribution channels, including mutual funds, ETFs, CITs, SMAs, model portfolios, retirement products, and alternatives.
• Strong knowledge of product governance, regulatory considerations, commercialization, and lifecycle management.
• Strong analytical, project management, communication, problem-solving, and stakeholder management skills.
• Bilingualism (English and French) is a strong asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Québec.

Preferred Qualifications

• Experience across U.S., Canadian, and international asset management markets.
• Familiarity with target date, target risk, retirement, model portfolio, and public and private market investment structures.
• Knowledge of tokenization, digital assets, and related product innovation trends would be a benefit.
• Strong executive presentation, business case development, and analytical capabilities, including experience with tools such as Morningstar Direct, FactSet, Bloomberg, Power BI, and Excel.

When You Join Our Team

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

The role being advertised is an existing vacancy.

About Manulife And John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].

Referenced Salary Location

Boston, Massachusetts

Working Arrangement

Hybrid

Salary range is expected to be between

$92,475.00 USD - $160,290.00 USD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [e-mail] for the salary range for your location.

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.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify

Company: John Hancock Life Insurance Company (U.S.A.)