How to hire a vice president product development

How to hire a vice president product development, step by step

Here's a step-by-step vice president product development hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a vice president product development job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new vice president product development
• Step 8: Go through the hiring process checklist

What does a vice president product development do?

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1. Identify your hiring needs

   The vice president product development hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A vice president product development's background is also an important factor in determining whether they'll be a good fit for the position. For example, vice presidents product development from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   This list presents vice president product development salaries for various positions.

   Type of Vice President Product Development	Description	Hourly rate
   Vice President Product Development	Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members.	$52-124
   Product Manager	A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments... Show more	$38-73
   Product Owner	Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders... Show more	$34-62

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Product Development
   • R
   • Analytics
   • Product Management
   • Project Management
   • Business Development
   • Product Strategy
   • Direct Reports
   • Product Design
   • Product Line
   • Architecture
   • Software Development
   • Product Roadmap
   • Product Portfolio

   Check all skills

   Responsibilities:

   • Define and manage the release of the Microsoft .NET interoperability product line for webMethods Java platforms.
   • Manage all digital marketing activities including SEO, PPC, social media, email, website strategy.
   • Lead successful development of large-scale web-base e-commerce offering for use by pharmaceutical manufacturers and their patients.
   • Develop product development process, using scrum techniques that enable consistent performance improvements.
   • Move the team to agile scrum.
   • Re-Design and launch new corporate website, introducing update content, improve navigation, enhance SEO strategies.

   More vice president product development duties

3. Make a budget

   Including a salary range in your vice president product development job description is one of the best ways to attract top talent. A vice president product development can vary based on:

   • Location. For example, vice presidents product development' average salary in hawaii is 34% less than in washington.
   • Seniority. Entry-level vice presidents product development 58% less than senior-level vice presidents product development.
   • Certifications. A vice president product development with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a vice president product development's salary.

   Average vice president product development salary

   $168,835yearly

   $81.17 hourly rate

   ---

   Entry-level vice president product development salary

   $109,000 yearly salary

   Updated January 22, 2026

   Average vice president product development salary by state

   Rank	State	Avg. salary	Hourly rate
   1	California	$190,912	$92
   2	Virginia	$181,813	$87
   3	South Carolina	$177,074	$85
   4	New York	$166,638	$80
   5	Texas	$160,505	$77
   6	North Dakota	$158,600	$76
   7	Connecticut	$157,495	$76
   8	North Carolina	$157,343	$76
   9	Colorado	$156,156	$75
   10	Georgia	$154,890	$74
   11	Louisiana	$153,749	$74
   12	New Jersey	$153,163	$74
   13	Utah	$152,644	$73
   14	Florida	$148,954	$72
   15	Massachusetts	$148,116	$71
   16	Maryland	$135,414	$65
   17	Pennsylvania	$135,283	$65
   18	Illinois	$132,482	$64

   Average vice president product development salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Google	$229,078	$110.13	436
   2	Apple	$225,465	$108.40	105
   3	RH	$213,369	$102.58	11
   4	Allergan plc	$205,515	$98.81	7
   5	Grubhub	$201,046	$96.66
   6	Barclays	$200,758	$96.52	17
   7	Citi	$198,572	$95.47	246
   8	World Surf League	$197,666	$95.03
   9	Nasdaq	$197,169	$94.79	12
   10	Discovery	$195,890	$94.18
   11	Nomura Securities	$192,219	$92.41	10
   12	Mocana	$187,012	$89.91
   13	J.P. Morgan	$185,564	$89.21
   14	GLG	$185,313	$89.09	9
   15	MultiTech	$185,249	$89.06
   16	Estée Lauder	$182,099	$87.55	17
   17	Global Atlantic Financial Group Limited	$179,260	$86.18	24
   18	Better Homes and Gardens Real Estate	$177,949	$85.55
   19	HELMUT LANG	$177,933	$85.54
   20	Envestnet	$175,748	$84.49	6

4. Writing a vice president product development job description

   A vice president product development job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a vice president product development job description:

   Vice president product development job description example

   This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
   
   Institutional Credit Management at Citi was formed to transform the way we execute on one of our core capabilities, Wholesale Credit. By joining this team, you will have a hand in the future of institutional banking, helping Citi finance and manage some of the largest transactions in the world efficiently and safely. We work across all areas of the business, including banking, risk, operations, and technology, for products spanning investment banking, commercial real estate, trade services, private banking, and commercial loans. This is an opportunity to work with some of the top leaders in the business and drive change across a global organization.
   
   We are expanding our Product Management team to partner with each of our core capabilities as we work to transform Credit Reviews, Lending Originations, and Credit Monitoring. In this role you will work closely with bankers, risk managers, ops managers and technologists to understand their unique challenges and devise solutions which align to the overall enterprise strategy. You will act as a product owner, responsible for the full execution of your projects, through requirements, design, training, and implementation. You will be supported by the partnership of our team and the surrounding wholesale lending franchise.
   VP : Business Role Requirements:
   At least (6 for VP) years of Product Management or Business Analysis experience for a financial or other regulated institution Experience in soliciting business requirements from a process, data, and/or reporting perspective and working with engineering/technology to implement solutions Experience in wholesale credit, from a Risk Management, Banking, or Operational capacity. Strong knowledge of loans, collateral analysis, and credit enhancement products. History of partnering closely with engineering, operations, and/or risk to drive change in an organization Experience in defining controls or implementing policy changes Strong written and verbal communication skills. BA/BS required. MBA/MS preferred
   
   Job Family Group:
   Product Management and Development
   
   Job Family:
   Product Development
   
   Time Type:
   Full time
   
   Citi is an equal opportunity and affirmative action employer.
   
   Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
   
   Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi .
   
   View the " EEO is the Law " poster. View the EEO is the Law Supplement .
   
   View the EEO Policy Statement .
   
   View the Pay Transparency Posting
   
   Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

   Copy this example

   

5. Post your job

   To find the right vice president product development for your business, consider trying out a few different recruiting strategies:

   • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
   • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with vice presidents product development they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit vice presidents product development who meet your education requirements.
   • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.

   Post your job online:

   • Post your vice president product development job on Zippia to find and recruit vice president product development candidates who meet your exact specifications.
   • Use field-specific websites such as swipe files, exit five, marketinghire, american marketing association.
   • Post a job on free websites.

6. Interview candidates

   During your first interview to recruit vice presidents product development, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new vice president product development

   Once you've decided on a perfect vice president product development candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

   To prepare for the new vice president product development first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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