H-1B Visa Product Development Manager Jobs
Product Development Manager roles qualify for H-1B sponsorship as specialty occupations requiring at least a bachelor's degree in engineering, business, or a related field. Employers file the LCA with DOL before petitioning USCIS, and the annual cap means timing your job search around the April filing window matters.
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Get Access To All JobsINTRODUCTION
Morgan Stanley Wealth Management provides a range of wealth management products and services for affluent individuals, businesses and institutions. These services include brokerage and investment advisory, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust.
Position Summary
The Traditional Investments Products business is responsible for supporting more than $2 trillion in assets under management across Separately Managed Accounts (SMAs), Mutual Funds, Money Market Funds, 529 Plans, and ETFs. The group is seeking a highly motivated professional to join the team as a Product Development Manager. In this role, you will be tasked with identifying opportunities to develop new products and services that are designed to enhance the product offering, improve client experience, and increase efficiency:
Key responsibilities will include but are not limited to the following:
- Serve as subject matter expert in traditional investment product categories, developing a strong understanding of the competitive landscape, sales trends, product innovations and the regulatory landscape.
- Lead strategic initiatives designed to improve efficiency, enhance the Financial Advisor experience, and drive innovation ensuring Morgan Stanley maintains a leadership position.
- Partner with National Sales to provide training and drive product adoption.
- Partner with Operations, Technology and Platform teams to streamline processes, develop system enhancements, and improve the overall quality of the platform.
- Engage with asset management firms on new product development partnership opportunities.
- Partner with internal due diligence team to review, launch, and monitor products.
Experience
- At least 5 years of relevant experience in Wealth Management, Investment Management, product development and management, consulting, or other relevant experience
- Active Series 7 and 63 required (must obtain within 6 months of start)
- CFA a plus
SKILLS/ABILITIES
- Strong interest is capital markets and product management/development function
- Advanced proficiency in MS Office products (Excel, Word, PowerPoint)
- Strong quantitative, analytical and data analysis / modelling skills
- Excellent executive communication skills - verbal and written
- Detail oriented; strong presentation skills; ability to multitask and lead on multiple strategic projects simultaneously
- Ability to think creatively and strategically
- Motivated, action-oriented self-starter with business ownership mentality
- Strong organizational skills
- Commercially driven
- Strong interpersonal, collaborative, and team skills including ability to work with third party investment managers and Financial Advisors.
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.
Expected base pay rates for the role will be between $57,000 and $115,000 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.
INTRODUCTION
Morgan Stanley Wealth Management provides a range of wealth management products and services for affluent individuals, businesses and institutions. These services include brokerage and investment advisory, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust.
Position Summary
The Traditional Investments Products business is responsible for supporting more than $2 trillion in assets under management across Separately Managed Accounts (SMAs), Mutual Funds, Money Market Funds, 529 Plans, and ETFs. The group is seeking a highly motivated professional to join the team as a Product Development Manager. In this role, you will be tasked with identifying opportunities to develop new products and services that are designed to enhance the product offering, improve client experience, and increase efficiency:
Key responsibilities will include but are not limited to the following:
- Serve as subject matter expert in traditional investment product categories, developing a strong understanding of the competitive landscape, sales trends, product innovations and the regulatory landscape.
- Lead strategic initiatives designed to improve efficiency, enhance the Financial Advisor experience, and drive innovation ensuring Morgan Stanley maintains a leadership position.
- Partner with National Sales to provide training and drive product adoption.
- Partner with Operations, Technology and Platform teams to streamline processes, develop system enhancements, and improve the overall quality of the platform.
- Engage with asset management firms on new product development partnership opportunities.
- Partner with internal due diligence team to review, launch, and monitor products.
Experience
- At least 5 years of relevant experience in Wealth Management, Investment Management, product development and management, consulting, or other relevant experience
- Active Series 7 and 63 required (must obtain within 6 months of start)
- CFA a plus
SKILLS/ABILITIES
- Strong interest is capital markets and product management/development function
- Advanced proficiency in MS Office products (Excel, Word, PowerPoint)
- Strong quantitative, analytical and data analysis / modelling skills
- Excellent executive communication skills - verbal and written
- Detail oriented; strong presentation skills; ability to multitask and lead on multiple strategic projects simultaneously
- Ability to think creatively and strategically
- Motivated, action-oriented self-starter with business ownership mentality
- Strong organizational skills
- Commercially driven
- Strong interpersonal, collaborative, and team skills including ability to work with third party investment managers and Financial Advisors.
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.
Expected base pay rates for the role will be between $57,000 and $115,000 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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Get Access To All JobsTips for Finding H-1B Visa Sponsorship as a Product Development Manager
Align your degree to the role
USCIS scrutinizes whether your degree field directly relates to product development management. A degree in engineering, computer science, or business administration strengthens your case. Document coursework that maps to your job duties before your employer files.
Target employers with LCA filing history
Search DOL's OFLC Wage Search to confirm a company has filed LCAs for Product Development Manager roles specifically. Past filings signal an established sponsorship process, reducing the risk of delays from employers navigating H-1B paperwork for the first time.
Find sponsors faster on Migrate Mate
Use Migrate Mate to filter Product Development Manager openings by verified H-1B sponsorship history. This cuts the time spent screening employers who list sponsorship as possible but have no documented DOL filing record.
Request cap-exempt status where eligible
If a university, nonprofit research organization, or government entity hires you, their H-1B petitions are cap-exempt and can be filed any time of year. Product development roles at R&D-focused institutions often qualify, bypassing the April lottery entirely.
Clarify the specialty occupation argument early
Product development management sits in a gray zone because the role blends business and technical functions. Ask your employer's immigration counsel to confirm the specialty occupation justification before you accept an offer, so an RFE doesn't stall your start date.
Negotiate filing timeline into your offer letter
USCIS premium processing reduces I-129 adjudication to roughly 15 business days. If your start date depends on H-1B approval, confirm in writing whether your employer will elect premium processing, since standard processing timelines can run five months or longer.
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Find Product Development Manager JobsProduct Development Manager H-1B Visa: Frequently Asked Questions
Does a Product Development Manager role qualify as a specialty occupation for H-1B purposes?
Yes, if the position requires at least a bachelor's degree in a directly related field such as engineering, product management, or business. USCIS evaluates whether the degree requirement is standard for the role in that industry. Employers in tech and manufacturing can typically satisfy this, but cross-functional or generalist product roles may require additional documentation to establish the degree-job nexus.
How do I find Product Development Manager jobs where employers are actively willing to sponsor H-1B visas?
Use Migrate Mate to search Product Development Manager openings filtered by verified H-1B sponsorship history drawn from DOL LCA data. This shows you which companies have actually filed for this role category, not just listed sponsorship as a checkbox on a job posting. It's a faster way to identify employers with an established process rather than starting from scratch.
What is the prevailing wage for a Product Development Manager on an H-1B, and how is it determined?
Your employer must pay at least the prevailing wage for your occupation and work location, determined using DOL's OFLC Wage Search or a private wage survey. The wage level reflects your experience and the complexity of duties, ranging from Level I through Level IV. Employers certify this on the LCA before filing your H-1B petition with USCIS.
Can I switch employers mid-H-1B if I'm a Product Development Manager?
Yes. Under H-1B portability rules established by AC21, you can start working for a new employer as soon as they file an H-1B transfer petition with USCIS, provided your current H-1B has been approved for at least 180 days. You don't need to wait for the new petition to be approved to begin work, which reduces gaps in employment authorization during a job transition.
What happens to my H-1B status if my employer eliminates my Product Development Manager role?
Your H-1B status is tied to your employer, so a layoff starts a 60-day grace period during which you can find a new sponsoring employer, change to another visa status, or depart the country. Your new employer must file an H-1B transfer petition before that window closes. USCIS does not extend the grace period, so engaging with potential sponsors immediately is critical.
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