New Product Development Jobs in New York
New Product Development jobs in New York are in strong demand, with openings concentrated in consumer goods, pharmaceuticals, biotechnology, and financial technology across experience levels from associate innovator to senior director. The highest volume of hiring is in New York City, with additional activity in the Albany corridor and the Long Island tech and life sciences clusters, where companies like Pfizer, Estée Lauder, and PepsiCo maintain major development operations. The most sought-after specialties include go-to-market strategy, cross-functional product lifecycle management, and stage-gate process expertise. Find a role that fits below and apply directly.
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Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Director, New Product Development
Overview
Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We do this by driving product innovation in emerging technologies and interfaces while focusing on developing a point of view to enhance existing solutions and new use-cases. We also focus on building revenue generating ecosystems and flywheels that can be standalone in adjacent segments and markets. Examples of focus areas include Digital Assets/Stablecoins, Consumer value propositions, Digital payments, Payment Acceptance and Processing, and applications of Artificial Intelligence.
The Director, New Product Development will be a critical driver of product strategy across the Core Payments portfolio of new products at Mastercard. The role will focus on identification of new digital products, services and solutions that differentiate and grow Mastercard’s Core Payments business.
This role will lead new product development for digital assets / cryptocurrency and stablecoin capabilities, translating emerging blockchain technologies into scalable, compliant payment solutions across Mastercard’s network. The Director will partner closely with product, engineering, security, compliance, ecosystem partners and Foundry capabilities (R&D, CXD, Start Path, etc.) to design and deliver technically robust crypto/stablecoin products from concept through commercialization.
Responsibilities will include driving new product strategy, cross-portfolio narrative, and selective identification, testing and launch of new products and ventures that drive significant in year revenue and strategic differentiation for Mastercard.
Role:
- Lead new product development for digital assets / cryptocurrency and stablecoin capabilities, from early concept and prototyping through pilot, and launch across Mastercard’s network
- Define and own the product vision / concepts and roadmap for crypto and stablecoin use cases
- Partner closely with product, engineering, architecture, and security teams to design production-grade, scalable blockchain-based solutions that drive commercial value
- Collaborate cross-functionally with legal, compliance, risk, and franchise teams to ensure all crypto/stablecoin products are compliant with regulatory requirements and Mastercard rules frameworks
- Translate emerging blockchain and stablecoin technologies into clear product requirements, technical tradeoffs, and executable delivery plans
- Engage with external partners (e.g., VASPs, issuers, fintechs, infrastructure providers) to co-develop and integrate crypto and stablecoin solutions into the Mastercard ecosystem
- Drive experimentation through proofs-of-concept and market tests, incorporating learnings into product iterations and commercialization decisions
- Build business cases and success metrics to demonstrate customer value, MA network impact, and commercial viability of crypto and stablecoin products
- Serve as an internal subject-matter expert on crypto, stablecoins, and digital asset infrastructure across Mastercard
- Mentor and provide guidance to junior team members.
All about you:
- Passion for innovation and emerging technology
- Strong problem solving, research, analytical and quantitative skills, with the ability to build business cases that articulate commercial value
- Proven experience leading product development for cryptocurrency, stablecoin, or blockchain-based solutions in a regulated financial services environment
- Strong understanding of blockchain infrastructure, stablecoin models, wallets, settlement flows, and on/off-ramp architectures, with the ability to translate concepts into scalable products
- Demonstrated ability to partner effectively with engineering, security, legal, compliance, and risk teams to deliver compliant, production-grade solutions
- Track record of taking new products from concept to launch, including defining requirements, managing tradeoffs, and driving execution across cross-functional teams
- Strategic, outcome-oriented leader with the ability to influence stakeholders, articulate a clear product/ concept vision, and operate effectively in ambiguous, fast-evolving environments
- Excellent presentation and communication skills, both drafting and presenting, oral and written
- Prior consulting, banking or emerging payments experience a plus
- Bachelor’s degree required, Advanced degree a plus
Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercard’s security policies and practices;
- Ensure the confidentiality and integrity of the information being accessed;
- Report any suspected information security violation or breach, and
- Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.
In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay Ranges
New York City, New York: $187,000 - $318,000 USD
Purchase, New York: $179,000 - $305,000 USD
See All 847+ New Product Development Jobs in New York
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Find New Product Development JobsNew Product Development Jobs by City in New York
Where New York roles are concentrated, by current openings.
New Product Development Job Market in New York
A snapshot from current New York openings, updated as new roles post.
Who's Hiring
- Amazon44

- Morgan Stanley27

- Goldman Sachs26

- Citi24

- Mastercard19

Top Industries Hiring
- Technology & Software296
- Investment & Asset Management100
- Consulting & Professional Services69
- Banking & Financial Services58
- Retail35
What New York Employers Look For
The qualifications that appear most often in new product development jobs across New York.
- Bachelor's degree in engineering, business, or a related technical or scientific field
- Demonstrated experience leading cross-functional product development teams from concept to launch
- Proficiency with stage-gate or agile product development frameworks and project management tools
- Strong background in market research, consumer insights, and competitive landscape analysis
- Experience managing product timelines, budgets, and external vendor or supplier relationships
- Familiarity with regulatory requirements for consumer goods, pharma, or food products in New York markets
New Product Development Jobs in New York: Frequently Asked Questions
How do you become a new product development in New York?
Most new product development roles in New York require a bachelor's degree in a relevant field such as engineering, business, marketing, or life sciences, with a master's degree or MBA preferred at larger consumer goods and pharmaceutical companies. New York does not issue a state license specifically for product development professionals, but candidates entering pharma or food manufacturing should understand FDA regulatory frameworks. Building experience through project coordinator or product analyst roles at New York-based companies is the most common pathway upward.
Which companies hire new product developments in New York?
Employers hiring new product developments in New York right now include Amazon, Morgan Stanley, and Goldman Sachs, based on current listings on Migrate Mate as of June 2026. New York's deep concentration of consumer packaged goods, pharmaceutical, and fintech companies means openings appear across a wide range of industries and company sizes.
Which New York cities have the most new product development jobs?
New York, Harrison, and New York City have the most new product development openings in New York. New York City dominates due to its headquarters density in consumer goods, media, and financial technology, while suburban Long Island supports life sciences and defense product work, and the Albany area draws activity from pharmaceutical manufacturing and state-backed technology initiatives.
Are there remote new product development jobs in New York?
Yes, and more than many comparable roles, since much of product development work involves strategy, analysis, and cross-functional coordination that translates well to remote settings. About 36% of new product development openings tied to New York are remote or hybrid as of June 2026, reflecting the analytical and collaborative nature of the work. Roles tied to physical prototyping, lab environments, or manufacturing facilities are more likely to require on-site presence.
How can I get hired as a new product development in New York with little or no experience?
The most realistic entry path is through a product analyst, project coordinator, or associate brand manager role at a New York consumer goods or pharmaceutical company, where structured rotational or development programs exist at firms like Pfizer, Colgate-Palmolive, and Estée Lauder. Internships that convert to full-time offers are common at these anchor employers. Candidates strengthen their profile by completing a relevant certification in project management or agile methodologies and building a portfolio of case studies demonstrating go-to-market thinking.
Where can I find and apply to new product development jobs in New York?
You can find and apply to new product development jobs in New York on Migrate Mate, which lists current openings from employers actively hiring in the state. Search the available roles, find the ones that match your experience and target industry, and apply directly to each position.
See All 847+ New Product Development Jobs in New York
Find roles in New York that match your experience and apply in just a few clicks.
Find New Product Development Jobs