Product Development Manager Jobs in Minnesota
Product Development Manager jobs in Minnesota concentrate in medical devices, food and consumer packaged goods, and enterprise software, with hiring active at every level from senior individual contributor to director. The Twin Cities metro anchors most of the opportunity, followed by Rochester and Bloomington, where employers like 3M, General Mills, and Medtronic maintain large product and engineering organizations. Cross-functional leadership, stage-gate process expertise, and experience managing hardware-software integrated product lines are the most consistently requested specialties in Minnesota listings. See the openings below and apply to the ones that match your experience.
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About Our Company
Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.
We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.
Job Description
The Product Development Director is responsible for the development of new products and the enhancement of existing products and services for Columbia Threadneedle’s Intermediary (principally U.S. wealth management) clients. Successful execution of this position requires strong research and analysis skills, as well as deep industry expertise, to build product advocacy relating to new products, new lines of business, and changes to existing products. Strong project management skills and the ability to develop solid relationships with key business partners across the Columbia Threadneedle organization will also be integral to the individual’s success in this role. Candidates with previous strong experience in developing/commercializing model portfolios and/or ETFs will be viewed as particularly strong candidates for this open role.Key Responsibilities
- Perform Intermediary market research and analysis (including the ability to work with commercial databases with scale and speed) to identify future product development opportunities.
- Ensure that Intermediary investors can efficiently access Columbia Threadneedle capabilities across a wide array of vehicles, including ETFs, model portfolios, SMAs, and alternative structures.
- Leverage industry knowledge and experience to best position Columbia Threadneedle’s existing asset management capabilities and solutions to meet the needs of Intermediary investors.
- Conduct fee and profitability analysis, to ensure competitive pricing for clients, at levels that are also attractive for the business.
- Manage the approval process for Intermediary new product development initiatives, including a summary of the business opportunity, product design, customer experience, operational impact, and project resources required.
- Communicate the product development status concisely and effectively throughout lifecycle of the project.
- Support the implementation of new products, including coordination with key internal partners across the organization (i.e., portfolio management, trading, investment oversight, legal, compliance, investment operations, account operations, performance and reporting) to ensure key functions are aligned internally and are consistent with best practices.
- Perform other duties as required, which may include activities such as supporting sales training and education relating to product development initiatives, providing input into other product team projects and initiatives, and contributing to Thought Leadership pieces.
Required Qualifications
- 5-10 years' relevant experience
- Series 7 (or SIE and Series 7 top off exam) and 66 (or 63 & 65 combined) or the ability to obtain within 180 days
Preferred Qualifications
- Strong analytical and problem-solving skills using data to identify trends, issues and potential solutions
- Prior experience developing/commercializing new products for the Intermediary marketplace
- Ability to collaborate, influence and build relationships across an organization to drive results
- Strong project management skills and communication skills including the ability to write a business case, facilitate project meetings, and present new proposals for committee approvals
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
In-Office Collaboration
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
Base Pay Salary
The estimated base salary for this role is $117,900- $207,100 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.Full-Time/Part-Time
Exempt/Non-Exempt
Job Family Group
Line of Business
Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.
Columbia Threadneedle is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.
We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.
See All 41 Product Development Manager Jobs in Minnesota
Find roles in Minnesota that match your experience and apply in just a few clicks.
Find JobsProduct Development Manager Jobs by City in Minnesota
Where Minnesota roles are concentrated, by current openings.
Product Development Manager Job Market in Minnesota
A snapshot from current Minnesota openings, updated as new roles post.
Who's Hiring



Top Industries Hiring
- Manufacturing
- Accounting & Auditing
What Minnesota Employers Look For
The qualifications that appear most often in product development manager jobs across Minnesota.
- Bachelor's degree in engineering, business, or a related technical field required
- Five or more years of product development or product management experience
- Demonstrated experience leading cross-functional teams through a full product lifecycle
- Proficiency with stage-gate or agile product development frameworks
- Strong background in market requirements, competitive analysis, and roadmap planning
- Experience collaborating with regulatory, quality, or operations teams on product launches
Product Development Manager Jobs in Minnesota: Frequently Asked Questions
How do you become a product development manager in Minnesota?
Most product development managers in Minnesota start with a bachelor's degree in engineering, industrial design, business, or a related technical field, then build experience in a product, R&D, or program management role. No state-issued license is required for the role itself. Minnesota's medical device and food industries tend to favor candidates who have worked within regulated development environments, and a PMP or Pragmatic Institute certification adds a measurable edge in competitive searches.
Which companies hire product development managers in Minnesota?
Minnesota product development manager roles are posted by 3M, Integer, and Medtronic and others right now, based on current listings on Migrate Mate as of September 2026. Minnesota's dense concentration of Fortune 500 headquarters in the Twin Cities means many of these openings sit within large, established product organizations with structured career paths.
Which Minnesota cities have the most product development manager jobs?
Saint Paul, Maplewood, and Maple Grove account for the largest share of product development manager openings in Minnesota. The Twin Cities drives the bulk of postings because of its headquarters density in medical devices, consumer goods, and technology, while Rochester's concentration of healthcare and life sciences employers, and Bloomington's mix of corporate offices and distribution hubs, generate consistent openings outside the core metro.
Are there remote product development manager jobs in Minnesota?
Yes, and more than many technical roles, because a significant portion of the work involves roadmap planning, stakeholder meetings, and documentation that translate well to remote settings. About 67% of product development manager openings tied to Minnesota are remote or hybrid as of September 2026, reflecting broader adoption across the state's large corporate employers. Strategy, market analysis, and program coordination responsibilities are the functions most commonly performed remotely.
How can I get hired as a product development manager in Minnesota with little or no experience?
The most realistic entry path is moving into the role from an adjacent position such as project coordinator, product analyst, R&D associate, or quality engineer within the same organization. Large Minnesota employers in medical devices and food manufacturing, including companies headquartered in the Twin Cities, regularly hire associates or program coordinators and promote from within. Building a portfolio of launched products, earning a Pragmatic Institute certification, or completing a rotational program at a Minnesota manufacturing or technology company strengthens a candidacy at the entry level.
Where can I find and apply to product development manager jobs in Minnesota?
You can find and apply to product development manager jobs in Minnesota on Migrate Mate, which lists current openings from employers hiring across the state right now. Search the Minnesota listings, identify the roles that match your background and target industry, and apply directly to the ones that fit.
See All 41 Product Development Manager Jobs in Minnesota
Find roles in Minnesota that match your experience and apply in just a few clicks.
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