About the Role
The Senior Innovation Lead will enable the Financial Product & Innovation (FPI) team's mandate by leading complex product strategy, product development, and lifecycle initiatives. This role requires a deep understanding of market, customer, and partner needs, applying product management best practices and strong technical expertise in financial products, product design, risk considerations, and product management.
Responsibilities
- Create and/or leverage systems that use internal and external data to monitor, analyze, and evaluate product suite performance, effectiveness, relevance, and strategic alignment with business strategy.
- Lead structured and deep product reviews or assessments by connecting product performance, customer/end-user needs, market trends, competitive landscape, risks, and opportunities into actionable recommendations.
- Identify and assess product enhancements, repositioning, consolidation, transition, and retirement options, including clear analysis of benefits, risks, impacts, dependencies, and trade-offs.
- Lead product discovery and innovation ideas, including collection, aggregation, prioritization, hypothesis development, market scanning, and validation of customer, partner, and market needs.
- Define product vision, strategic intent, and product roadmap considerations with business teams, ensuring alignment with EDC priorities, product strategy, and line-of-business portfolios.
- Develop forward-looking analyses, business cases, options, recommendations, and decision materials that support prioritization, investment choices, and strategic direction across products and initiatives.
- Share market trends, insights, and product adoption signals to inform roadmap priorities and help stakeholders understand product strategy impacts.
- Lead engagement with SMEs and cross-functional partners to capture requirements, design considerations, product parameters, implementation including both operational/business readiness needs, and scalability implications.
- Design and deliver new or enhanced financial products by evaluating customer needs, user experience, pricing, risk profile, financial impacts, operational fit, and readiness requirements.
- Coordinate and monitor pilot launches, launch readiness, and go-to-market activities, including objectives, activities, success measures, dependencies, and adoption considerations.
- Manage design processes and ensure appropriate consideration of product approvals, risk assessments, and governance expectations.
- Embed EDC risk frameworks, policies, guidelines, and governance expectations into product design, development, monitoring, and lifecycle decisions.
- Identify and manage risks, issues, dependencies, and constraints, ensuring appropriate escalation, mitigation strategies, and recovery plans where risks or issues may affect delivery or decision-making.
- Govern product-focused tools, frameworks, methodologies, and artifacts in alignment with corporate standards, while maintaining quality, consistency, traceability, and audit defensibility.
- Support LOBs through product deficiencies, escalations, and decision materials by bringing objective market, customer, product, and risk insights.
- Frame and lead discussions with stakeholders at all levels of the organization, tailoring analyses, recommendations, and decision narratives to the audience.
- Develop and maintain relationships across EDC and with external stakeholders, including business community partners, financial institutions, private-sector organizations, not-for-profits, and government departments, to stay informed on market developments to support product ideas and recommendations.
- Consistently represent the voice of the customer in product discussions and ensure decisions are informed by customer needs, market feedback, product data, and objective analysis.
- Facilitate cross-functional collaboration, remove impediments where possible, and promote shared ownership of product outcomes across business, technology, risk, legal, and partner teams.
- Help drive the growth of FPI capabilities through coaching, training, mentorship, and knowledge sharing, supporting continuous learning and professional excellence across the team.
- Foster and help create an environment in which team members feel ownership and accountability for delivering strong product outcomes and high-quality decision support.
Requirements
- Undergraduate degree in Commerce, Business Administration, Finance, Marketing, or another related field.
- Minimum of 7 years of progressive experience in product management, product development, innovation, solution delivery, or financial services.
- Deep knowledge of financial products, including lending, insurance, guarantees, equity, and international trade.
- Strong financial, analytical, research, and strategic thinking skills, with the ability to translate internal and external insights into options, recommendations, and decision-ready materials.
- Demonstrated experience in stakeholder engagement, strategic planning, facilitation, and influencing across senior and cross-functional audiences.
- Customer-centric mindset focused on financial products that deliver in a cross-functional environment value to customers/end users and solve meaningful needs.
- Bilingual in both official languages (English and French).
- MBA or other relevant graduate degree; CPA, CFA, or other professional designation.
- Product management certifications such as Certified Product Manager (CPM), Agile Certified Product Manager and Product Owner (ACPMPO); or exposure to product management frameworks, discovery techniques or delivery methodologies.
- Experience in financial services, innovation, public sector, management consulting, fintech, or internationally focused organizations.
- Able to work legally in Canada at the time of application (Canadian Citizens or Permanent Residents).
- Must meet the requisite government security screening requirements.
Skills
- Product Management
- Product Development
- Innovation
- Financial Services
- Financial Products
- Lending
- Insurance
- Guarantees
- Equity
- International Trade
- Financial Analysis
- Analytical Skills
- Research Skills
- Strategic Thinking
- Stakeholder Engagement
- Strategic Planning
- Facilitation
- Influencing
- Customer-Centric Mindset
- Product Discovery
- Product Lifecycle Management
- Risk Management
- Governance
- Cross-functional Collaboration
Location
- Ottawa
- Toronto
- Mississauga
- Montreal
- Brossard
- Laval
- Calgary
- Edmonton
- Halifax
- Vancouver
Work Type
- Hybrid
- Permanent
Experience Level
- Senior
- Minimum of 7 years of progressive experience
Education Level
- Undergraduate degree in Commerce, Business Administration, Finance, Marketing, or another related field
- MBA or other relevant graduate degree
- CPA, CFA, or other professional designation
- Product management certifications
Salary/Compensations
- Typically range from $112,006 to $149,341 annually, based on qualifications and experiences, plus a performance-based incentive.
Benefits
- Comprehensive Benefits package
- Competitive compensation package
- Work-life balance
- 3 to 4 weeks paid vacation
- Corporate closure period
- Summer early Friday’s
- No meeting Fridays
- Continuous learning opportunities
- Training programs
- Workshops
- Language training
- Inclusive Culture
- Wellness Programs
- Mental health support
- Fitness programs
- Community Engagement opportunities
- Volunteer opportunities
- Relocation assistance
About the Company
- At EDC, we support Canadian businesses to succeed globally.
- We provide the financial tools and expertise they need to explore new markets, reduce risks, all towards the goal of making Canada and the world better through trade.
- Export Development Canada (EDC) is a financial Crown corporation.
- We empower Canadian businesses to succeed globally.
- We offer innovative financial solutions and expert insights to help businesses explore new markets, mitigate risks, and achieve growth.
Equal Opportunity
- EDC is committed to Fair Employment Practices.
- EDC is dedicated to fostering employment equity and building a diverse workforce.
- We are committed to creating a safe and inclusive environment that respects people from all cultures, backgrounds, and abilities.
- At EDC, we nurture a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed, and be their truest selves.
- We actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community.
