VP Business Development Jobs in USA with Visa Sponsorship
VP Business Development roles rank among the most sponsorship-friendly senior positions in the U.S. Employers filing H-1B visa and O-1 petitions regularly target this title, and your track record of driving revenue, partn visaerships, and market expansion is exactly what USCIS looks for in specialty occupation and extraordinary ability cases. For detailed occupation requirements, see the O*NET profile.
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The Group:
Morningstar’s U.S. Strategic Account Sales team is responsible for helping our wealth management and asset management clients build their businesses and provide better outcomes for investors through our data, research, and software solutions.
The Role:
The Morningstar U.S. Strategic Account Sales Team seeks a highly motivated VP, Business Development focused on aggressively growing a book of assigned clients and prospects within the Wealth and Asset Management segments. You will represent Morningstar’s suite of capabilities including Data, Research, Direct & Reporting, Advisor Workstation/Direct Advisory Suite, Direct Web Services, and work with Sales Specialists on opportunities for ESG, Indexes, Market Data, etc. Because this role covers opportunities across the U.S., it will require approximately 25-50% travel. This position is based in our Chicago office.
Responsibilities
- Establish and build key C-suite client relationships and act as the Morningstar ambassador within the client’s enterprise.
- Uncover client business needs and work with Pre-sales, Deal Design, Customer Success, and Product teams to identify the optimal solution.
- Understand key industry trends and themes and successfully align those with Morningstar solutions to help clients address their strategic initiatives.
- Build a deep understanding of our clients’ business and deliver a high level of customer centricity.
- Uncover, cross sell, and upsell opportunities within assigned book of business with a hunter mindset.
- Proactively progress, forecast, and close sales opportunities to exceed revenue targets.
- Implement account strategies by building relationships with internal and external groups, including product, marketing, customer success, and cross-Morningstar teams.
- Document daily activities in Morningstar’s CRM system to build and maintain an accurate pipeline and forecast revenue targets.
What You Will Bring
- Candidates should have at least seven years of sales and account management experience in the finance and investment industry.
- Proven track record of exceeding prior annual sales targets.
- Prior experience leading enterprise and strategic relationships with a focus on net new revenue growth.
- Hands-on, organized individuals who can build long-term client relationships.
- Strong leadership, long-range planning, and time-management skills are essential.
- Excellent verbal and written communication abilities and the ability to deliver professional and persuasive presentations.
- Ability to understand complex investment concepts.
Requirements
A bachelor’s degree required, MBA or CFA a plus.
Total Target Cash Compensation Range:
$115,925.00 - $208,675.00 USD Annual
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
-
Financial Health
-
100% 401k match up to 6% of salary
- Stock Ownership Potential
-
Company provided life insurance - 1x salary + commission
-
Physical Health
-
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
- Additional medical Wellness Incentives - up to $300-$600 annual
-
Company-provided long- and short-term disability insurance
-
Emotional Health
-
Trust-Based Time Off
- 6-week Paid Sabbatical Program
- 6-Week Paid Family Caregiving Leave
- Competitive 8-24 Week Paid Parental Leave
- Adoption Assistance
- Leadership Coaching & Formal Mentorship Opportunities
- Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
-
Tuition Reimbursement
-
Social Health
-
Charitable Matching Gifts program
- Dollars for Doers volunteer program
- Paid volunteering days
- 15+ Employee Resource & Affinity Groups
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

The Group:
Morningstar’s U.S. Strategic Account Sales team is responsible for helping our wealth management and asset management clients build their businesses and provide better outcomes for investors through our data, research, and software solutions.
The Role:
The Morningstar U.S. Strategic Account Sales Team seeks a highly motivated VP, Business Development focused on aggressively growing a book of assigned clients and prospects within the Wealth and Asset Management segments. You will represent Morningstar’s suite of capabilities including Data, Research, Direct & Reporting, Advisor Workstation/Direct Advisory Suite, Direct Web Services, and work with Sales Specialists on opportunities for ESG, Indexes, Market Data, etc. Because this role covers opportunities across the U.S., it will require approximately 25-50% travel. This position is based in our Chicago office.
Responsibilities
- Establish and build key C-suite client relationships and act as the Morningstar ambassador within the client’s enterprise.
- Uncover client business needs and work with Pre-sales, Deal Design, Customer Success, and Product teams to identify the optimal solution.
- Understand key industry trends and themes and successfully align those with Morningstar solutions to help clients address their strategic initiatives.
- Build a deep understanding of our clients’ business and deliver a high level of customer centricity.
- Uncover, cross sell, and upsell opportunities within assigned book of business with a hunter mindset.
- Proactively progress, forecast, and close sales opportunities to exceed revenue targets.
- Implement account strategies by building relationships with internal and external groups, including product, marketing, customer success, and cross-Morningstar teams.
- Document daily activities in Morningstar’s CRM system to build and maintain an accurate pipeline and forecast revenue targets.
What You Will Bring
- Candidates should have at least seven years of sales and account management experience in the finance and investment industry.
- Proven track record of exceeding prior annual sales targets.
- Prior experience leading enterprise and strategic relationships with a focus on net new revenue growth.
- Hands-on, organized individuals who can build long-term client relationships.
- Strong leadership, long-range planning, and time-management skills are essential.
- Excellent verbal and written communication abilities and the ability to deliver professional and persuasive presentations.
- Ability to understand complex investment concepts.
Requirements
A bachelor’s degree required, MBA or CFA a plus.
Total Target Cash Compensation Range:
$115,925.00 - $208,675.00 USD Annual
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
-
Financial Health
-
100% 401k match up to 6% of salary
- Stock Ownership Potential
-
Company provided life insurance - 1x salary + commission
-
Physical Health
-
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
- Additional medical Wellness Incentives - up to $300-$600 annual
-
Company-provided long- and short-term disability insurance
-
Emotional Health
-
Trust-Based Time Off
- 6-week Paid Sabbatical Program
- 6-Week Paid Family Caregiving Leave
- Competitive 8-24 Week Paid Parental Leave
- Adoption Assistance
- Leadership Coaching & Formal Mentorship Opportunities
- Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
-
Tuition Reimbursement
-
Social Health
-
Charitable Matching Gifts program
- Dollars for Doers volunteer program
- Paid volunteering days
- 15+ Employee Resource & Affinity Groups
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
See all 2,407+ VP Business Development jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new VP Business Development roles.
Get Access To All JobsTips for Finding VP Business Development Jobs
Target employers with an active sponsorship history
Not every company will sponsor a VP-level hire. Focus on mid-to-large firms in tech, finance, and healthcare that have filed petitions before. Migrate Mate filters sponsorship-open VP Business Development roles so you can apply where it actually counts.
Understand how your degree field affects eligibility
H-1B specialty occupation requires a degree directly related to the role. An MBA, finance, or economics degree strengthens your case considerably. A degree in an unrelated field will need a detailed nexus argument supported by your work history and job description.
Make the O-1A a serious option
If you have board memberships, published thought leadership, industry awards, or a track record of leading high-value deals, the O-1A may fit better than the H-1B. It has no lottery and no annual cap, making it highly attractive for established senior executives.
Get the job description right before filing
USCIS scrutinizes VP BD roles for specialty occupation status. The job description must emphasize analytical, strategic, and technical complexity requiring a specific degree, not just relationship management. Work with your employer and their attorney to frame the role accurately and precisely.
Plan around H-1B cap timing if you're not already in status
If you need a cap-subject H-1B, registration opens in March for an October start. Identify target employers well before then. Cap-exempt employers, including nonprofits and universities with BD functions, can file year-round without waiting for the lottery.
VP Business Development jobs are hiring across the US. Find yours.
Find VP Business Development JobsFrequently Asked Questions
Can a VP Business Development role qualify for H-1B sponsorship?
Yes, but it requires careful structuring. USCIS evaluates whether the position qualifies as a specialty occupation, meaning it must normally require a bachelor's degree or higher in a specific field. A VP BD role focused on strategic analysis, financial modeling, or technical partnerships is stronger than one framed primarily around networking and relationship management. The job description and your degree field both matter significantly.
What degree is typically required for H-1B sponsorship in this role?
An MBA, a bachelor's in business administration, economics, finance, or a field closely tied to the company's industry is the strongest foundation. If your degree is in an unrelated area, your employer's attorney can argue that your combination of education and progressive professional experience establishes equivalent qualifications, though USCIS gives this less deference at the VP level than a direct degree match.
Is the O-1A visa a realistic option for a VP of Business Development?
For many senior BD executives, yes. The O-1A requires evidence of extraordinary ability, which can include leading high-value deals, industry recognition, board or advisory roles, media coverage, or published work. Unlike the H-1B, there's no lottery and no annual cap. If you've built a meaningful track record, the O-1A is worth serious consideration alongside or instead of H-1B.
Which industries are most likely to sponsor a VP Business Development hire?
Technology, enterprise software, biotech, healthcare, and financial services sponsor VP BD roles most frequently. These industries tend to have established immigration infrastructure, legal budgets to support petitions, and a genuine need for internationally experienced executives. Migrate Mate lists VP Business Development roles from verified sponsoring employers, so you can focus your search on companies already open to the process.
How does H-1B lottery selection affect my chances at this level?
The lottery applies equally regardless of seniority, so a VP title does not improve your odds. In recent years, selection rates have hovered around 25 percent for the general cap. If your employer qualifies as cap-exempt, such as a university, nonprofit research organization, or government entity, the lottery doesn't apply and they can file year-round. Employers already holding an approved petition on your behalf from a prior job may also be able to transfer your status without re-entering the lottery.
What is the prevailing wage requirement for sponsored VP Business Development jobs?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.
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