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Product Development Director Jobs in Paramus, NJ

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Product Development Director information

See Paramus, NJ salary details

$73.9K

$165.6K

$247.4K

How much do product development director jobs pay per year?

As of Aug 30, 2026, the average yearly pay for product development director in Paramus, NJ is $165,636.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,100.00 and $187,700.00 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 key skills and qualifications needed to thrive as a product development director?

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 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 most commonly searched types of Product Development jobs in Paramus, NJ?

The most popular types of Product Development jobs in Paramus, NJ are:

What job categories do people searching Product Development Director jobs in Paramus, NJ look for?

The top searched job categories for Product Development Director jobs in Paramus, NJ are:

What cities near Paramus, NJ are hiring for Product Development Director jobs?

Cities near Paramus, NJ with the most Product Development Director job openings:

Product Development Director jobs near you
Infographic showing various Product Development Director job openings in Paramus, NJ as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $165,636 per year, or $79.6 per hour.

Sr. Director, ETF Product Development, Americas

New York, NY • Hybrid

Invesco

9.7

Company rating: 9.7 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

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Respectful managers

Learn more about Invescoexternal

Full-time

Medical, Retirement, PTO

Posted 29 days ago

Job description

About Invesco

As one of the world's leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

What's in it for you?

Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:

  • Flexible paid time off

  • Hybrid work schedule

  • 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution

  • Health & wellbeing benefits

  • Parental Leave benefits

  • Employee stock purchase plan

Job Description

About the Team:

The Americas Product Development team is responsible for shaping the future of Invesco's investment platform by developing innovative products and managing the firm's product lineup across asset classes and investment vehicles. Working closely with investment teams, distribution partners, and key business stakeholders, the team identifies market opportunities, drives product innovation, and ensures Invesco continues to deliver client-centric solutions that meet evolving investor needs.

As part of a global asset manager with over $2.4 trillion in assets under management, the team plays a critical role in bringing new ETF strategies to market, managing the existing product range, and helping position Invesco as a leader in investment innovation across active, passive, alternatives, and private market solutions.

About the Role:

The Senior Director, Americas ETF Product Development will play a key leadership role in executing Invesco's ETF product strategy and advancing the firm's innovation agenda. This individual will partner with investment teams, distribution leaders, index providers, and cross-functional stakeholders to evaluate, develop, launch, and manage ETF products that address client needs and support business growth.

This role combines product innovation, strategic planning, market research, governance, and stakeholder management. The successful candidate will help drive the ETF product roadmap, evaluate new opportunities, oversee product development initiatives from concept through launch, and ensure alignment with Invesco's strategic objectives and regulatory requirements.

Responsibilities of the Role:

  • Partner with Investment and Distribution teams to develop business cases for new ETF products and range management initiatives.

  • Collaborate with index providers and internal stakeholders to build a robust pipeline of ETF product ideas and innovation opportunities.

  • Help manage the Americas ETF product roadmap and provide transparency on key initiatives to stakeholders.

  • Conduct market research, competitive analysis, and product evaluations to identify growth opportunities.

  • Lead the prioritization and development of new ETF concepts through Invesco's product governance framework.

  • Drive ETF product launches and range management initiatives from concept through implementation and regulatory approval.

  • Partner with Legal, Compliance, Risk, Operations, Platform Management, and Product Governance teams to ensure successful execution of product initiatives.

  • Monitor industry trends, competitor product activity, regulatory developments, and market innovation across the ETF landscape.

  • Develop and maintain subject matter expertise in exchange-traded products, indexing, investment strategies, and market developments.

  • Represent ETF Product Development during client, consultant, and due diligence meetings.

  • Support adjacent product development initiatives across Private Markets and Digital Assets when appropriate.

Requirements of the Role:

  • 10+ years of investment industry experience in product development, product management, portfolio management, or a related investment-focused role.

  • Extensive ETF and index strategy product experience required.

  • Strong knowledge of financial markets, exchange-traded products, indexing methodologies, and investment concepts across asset classes.

  • Experience leading product development and range management initiatives within complex regulatory environments.

  • Demonstrated ability to evaluate market opportunities and make data-driven product recommendations.

  • Strong understanding of investment vehicles, fund structures, and client distribution channels.

  • Experience partnering with investment teams and distribution organizations to develop innovative, commercially viable investment solutions.

  • Proven leadership, stakeholder management, and cross-functional collaboration skills.

  • Excellent written, verbal, and presentation skills with the ability to communicate effectively to executive, client, and industry audiences.

  • Strong analytical, organizational, and project management capabilities.

  • Undergraduate degree in Finance, Business, or a related field required.

  • MBA or other advanced degree preferred.

  • CFA or other relevant professional designation preferred.

  • Ability to travel up to 10%.

The salary range for this position in New York City is $165,000- $190,000/year. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience and location

Full Time / Part TimeFull timeWorker TypeEmployeeJob Exempt (Yes / No)YesWorkplace Model

Pursuant to Invesco's Workplace Policy, employees are expected to comply with the firm's most current workplace model, which as of October 1, 2025, includes spending at least four full days each week working in an Invesco office. This reflects our belief that spending time together in the office helps us build stronger relationships, collaborate more easily, and support each other's growth and development.

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.

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