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Product Development Director Jobs in Edison, NJ (NOW HIRING)

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Product Development Director information

See Edison, NJ salary details

$75.6K

$169.5K

$253.1K

How much do product development director jobs pay per year?

As of Jul 29, 2026, the average yearly pay for product development director in Edison, NJ is $169,455.00, according to ZipRecruiter salary data. Most workers in this role earn between $136,100.00 and $192,000.00 per year, depending on experience, location, and employer.

What does a Product Development Director do?

A Product Development Director oversees the creation and improvement of products from concept to launch. They lead cross-functional teams, manage project timelines and budgets, and ensure that products meet market needs and company goals. This role involves strategic planning, market research, and collaboration with engineering, marketing, and sales departments. Product Development Directors also monitor industry trends and customer feedback to guide future product innovation.

What are the typical cross-functional collaborations for a Product Development Director, and how do they influence project outcomes?

Product Development Directors frequently work with teams across marketing, engineering, design, finance, and supply chain to ensure projects align with business goals and customer needs. These collaborations are crucial for balancing technical feasibility, market demands, budgeting, and timelines. Engaging stakeholders early and maintaining open communication channels helps anticipate challenges and maintain project momentum, ultimately leading to more successful product launches and stronger market positioning.

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

AspectProduct Development DirectorProduct Manager
ResponsibilitiesOversees multiple product teams, sets strategic direction, manages product portfoliosFocuses on specific products, manages product lifecycle, gathers customer requirements
Required CredentialsTypically requires a bachelor’s or master’s degree in business, engineering, or related fields; extensive experience in product management or developmentUsually requires a bachelor’s degree in business, marketing, or related fields; experience in product management
Work EnvironmentStrategic, leadership-focused, often in senior management settingsOperational, detail-oriented, often in cross-functional teams

The Product Development Director and Product Manager roles differ mainly in scope and strategic focus. The Director oversees multiple products and sets long-term strategies, while the Product Manager handles specific products' day-to-day development and customer needs. Both roles require relevant experience and credentials, but the Director's position is more leadership and strategy-oriented.

What are the key skills and qualifications needed to thrive as a Product Development Director, and why are they important?

To thrive as a Product Development Director, you need expertise in product lifecycle management, strategic planning, market analysis, and typically a bachelor's or master's degree in business, engineering, or a related field. Familiarity with project management software, product roadmap tools, and methodologies like Agile or Scrum is frequently required, as well as experience with budgeting and cross-functional team leadership. Exceptional communication, leadership, and problem-solving skills help you inspire teams, align stakeholders, and drive innovation. These competencies are vital for successfully guiding products from concept to market, ensuring they meet customer needs and business goals.
What are the most commonly searched types of Product Development jobs in Edison, NJ? The most popular types of Product Development jobs in Edison, NJ are:
What job categories do people searching Product Development Director jobs in Edison, NJ look for? The top searched job categories for Product Development Director jobs in Edison, NJ are:
What cities near Edison, NJ are hiring for Product Development Director jobs? Cities near Edison, NJ with the most Product Development Director job openings:
Infographic showing various Product Development Director job openings in Edison, NJ as of July 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, 1% Temporary, and 3% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $169,455 per year, or $81.5 per hour.
Director, Product Development

Director, Product Development

Morgan Stanley

New York, NY • Hybrid

$150K/yr

Full-time

Posted 2 days ago


Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 154 frontline employees who took The Breakroom Quiz

37th of 150 rated financial services


Job description

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

In Operations, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships, driving strategic automation solutions by embracing a transformation mindset and challenging the status quo.

What you'll do in the role:

Morgan Stanley & Co. LLC. is seeking a Director, Product Development in New York, New York to Coordinate with Institutional Securities business and IT development team to manage and implement technology solutions to address their detailed user requirements. Create product plans including high level business requirements, cost analysis, benefits definition and rollout plans for internal and external applications. Facilitate and gather detailed user requirements for the development teams, facilitating design reviews with the business and managing the overall rollout plans including QA, user testing, staff training and final delivery. Act as first line of user support for products, track client and investor issues and feedback, and work with business to prioritize post implementation issues and enhancements requests. Liaise between the business, developers, and other product development teams across global locations. Telecommuting permitted up to two days per week.

What you'll bring to the role:

-Requires a Bachelor's in Accounting, Management Information Systems, or a related field. Employer will accept any foreign 3- or 4-year Bachelor's degree in Accounting, Management Information

Systems.

-Requires five (5) years of experience in the position offered or five (5) years as a Development Project Manager, Business Analyst, or a related role.

-Requires Five (5) years of experience with:

  • Portals/Online Applications and Digital experience;
  • UX Design and wire frames;
  • Business Process Modelling;
  • Agile Methodology such as gathering business requirements;
  • Customer support;
  • MS Excel;
  • Visio;
  • Accounting;
  • PowerPoint and Data Analysis.

-Requires Four (4) years of experience with:

  • Investor services, transfer agency processes, hedge funds, and alternative investment structures;
  • Camunda BPM; and
  • JIRA.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $150,550 and $150,550 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.


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