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Product Development Associate Jobs in Maryland (NOW HIRING)

MSD

Product Transfer Associate I

Rockville, MD · On-site

$45K - $66K/yr

Contribute to process improvement, assay and process development for new and existing products ... Bachelor degree in Biology, Chemistry, Biotechnology, Engineering or related field, or associate ...

Integrated Resources INC

Scientist

Baltimore, MD

... product technical support needs. DUTIES AND RESPONSIBILITIES: Works under general supervision and with other R&D associates to plan, carry out, analyze and interpret analytical chemistry analysis to ...

SHORE UP! Inc.

CDA Trainee

Crisfield, MD · On-site

$15.25 - $17.31/hr

Child Development Associate (CDA) Trainees for our Early Head Start program assist Teachers in ... Building productive relationships with families, Managing an effective program operation ...

New

SHORE UP! Inc.

CDA Trainee

Salisbury, MD · On-site

$15.25 - $17.31/hr

Child Development Associate (CDA) Trainees for our Early Head Start program assist Teachers in ... Building productive relationships with families, Managing an effective program operation ...

New

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Product Development Associate information

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How much do product development associate jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for product development associate in Maryland is $29.60, according to ZipRecruiter salary data. Most workers in this role earn between $22.88 and $36.88 per hour, depending on experience, location, and employer.

What does a product development associate do?

A Product Development Associate supports the creation and improvement of new products within a company. They conduct market research, assist in designing product concepts, coordinate with cross-functional teams, and help manage the product development process from idea to launch. Their role often includes analyzing customer needs, monitoring trends, and ensuring products meet quality standards. This position is collaborative and requires strong organizational and communication skills.

What are the key skills and qualifications needed to thrive as a product development associate, and why are they important?

To thrive as a Product Development Associate, you need strong analytical abilities, project management skills, and a relevant bachelor's degree (such as in business, engineering, or marketing). Familiarity with product lifecycle management (PLM) software, data analysis tools, and prototyping platforms is commonly required. Creativity, teamwork, and effective communication are standout soft skills for this role. These competencies are crucial for efficiently bringing innovative products to market and collaborating successfully with cross-functional teams.

How does a product development associate typically collaborate with cross-functional teams during the product lifecycle?

As a Product Development Associate, you’ll work closely with departments such as marketing, engineering, and manufacturing throughout the product lifecycle. You’ll help translate customer feedback and market trends into product requirements, coordinate with designers and engineers to ensure feasibility, and assist in managing timelines and deliverables. Regular meetings and clear communication are vital, as you’ll often serve as a liaison to ensure everyone is aligned on goals and progress. This collaborative environment not only strengthens your teamwork skills but also provides valuable exposure to various aspects of the business.

What is the difference between Product Development Associate vs Product Manager?

AspectProduct Development AssociateProduct Manager
Required CredentialsBachelor's degree in business, marketing, or related field; some roles may require internships or entry-level experienceBachelor's degree often required; MBA or relevant certifications preferred; extensive experience in product lifecycle management
Work EnvironmentCollaborative teams within product development, R&D, or marketing departmentsCross-functional teams including engineering, marketing, sales, and executive leadership
Employer & Industry UsageCommon in tech, manufacturing, and consumer goods companies for entry to mid-level rolesUsed across industries for strategic product oversight and lifecycle management

The Product Development Associate focuses on supporting the creation and refinement of products, often handling research, testing, and coordination tasks. In contrast, the Product Manager oversees the entire product lifecycle, making strategic decisions and managing cross-functional teams. While both roles require a background in business or related fields, the Product Manager role typically demands more experience and leadership responsibilities.

Is product development a good career?

Product development is a viable career that involves designing, creating, and improving products, often requiring skills in project management, market research, and technical knowledge. It offers opportunities for innovation, collaboration, and growth in various industries, with roles typically requiring cross-functional teamwork and problem-solving abilities.

What are the most commonly searched types of Product Development jobs in Maryland?

The most popular types of Product Development jobs in Maryland are:

What are popular job titles related to Product Development Associate jobs in Maryland?

For Product Development Associate jobs in Maryland, the most frequently searched job titles are:

What job categories do people searching Product Development Associate jobs in Maryland look for?

The top searched job categories for Product Development Associate jobs in Maryland are:

What cities in Maryland are hiring for Product Development Associate jobs?

Cities in Maryland with the most Product Development Associate job openings:

Product Development Associate jobs near you
Infographic showing various Product Development Associate job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $61,563 per year, or $29.6 per hour.

Product Manager, Investment Vehicle

T Rowe Price

Baltimore, MD • Hybrid

Full-time

Re-posted 3 days ago

T. Rowe Price rating

9.1

Company rating: 9.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

Job description

Role Summary

The Product Manager, Investment Vehicle conducts a wide range of product management activities that have broad-reaching implications for T. Rowe Price's overall strategy of North American commingled investment vehicles including US Mutual Funds, Common Trust Funds, Canadian Pooled Funds, and Interval Funds. This includes leadership of complex cross-functional implementations of product-related activities to ensure stakeholder readiness. Conducts advanced research to understand competitive and internal positioning including fees and expenses. Based on research and analyses, develops ideas for product development, enhancements, and/or expansions. Shares analysis and insights with internal teams for review. Researches the demands, risks, and regulatory environment of the applicable markets to guide product developments. Creates a broad range of materials for review and inclusion in management presentations and product governance meetings, including vehicle-specific Boards of Directors. Identifies and suggests updates to business processes, procedures, and policies related to the products and investment vehicles.

Responsibilities

  • Conducts operational activities related to new product launches, restructuring, merging, closing, and other product-related changes including fee and name changes. Manages activities outlined in product development and implementation processes. Develops and manages product implementation plans and timelines. Establishes relationships with partners in Operations, Legal & Compliance, Technology, Risk, Finance, etc. to ensure successful implementation of new or modified products. Monitors and measures the success of various products leveraging established metrics.

  • Independently creates, updates, and enhances product- and vehicle-specific policies and procedures; provides education on these policies and procedures. Manages end-to-end process reviews.

  • Collaborates with other Global Product teams to help build business cases for new products or modifications to existing products.

    • Researches, develops, and delivers analysis for presentations and reports to be delivered internally regarding product development and enhancements.

    • Demonstrates knowledge of assigned products, the marketplace, industry, and client needs.

    • Researches regulatory developments and analyzes potential implications to existing products.

  • Synthesizes findings and recommendations by creatingmanagement-level presentation materials, including for Boards of Directors.

  • Acts as point-of-contact for Global Distribution, investment teams, and other departments regarding product/vehicle characteristics, policies, and procedures. May provide guidance to more junior associates. Provides high-level assistance and coverage to other Product Managers and serves as their backup as needed. Escalates findings or issues to more senior staff.

  • Demonstrates strong knowledge of TRP investment products and vehicles (US Mutual Funds, Common Trust Funds, Canadian Pooled Funds, Interval Funds).

Qualifications

Required:

  • Bachelor's degree or the equivalent combination of education and relevant experience AND

  • 5+ years of total relevant work experience

Preferred:

  • US Mutual Fund, Common Trust Fund, Canadian Pooled Fund, and/or Interval Fund product knowledge

  • Morningstar Direct and Simfund experience

  • Strong PowerPoint and Excel skills

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

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