Job Information
Medtronic Senior Corporate Development - Business Development Program Manager - Cardiovascular (CV) Portfolio (hybrid) in Minnesota, Minnesota
Senior Corporate Development - Business Development Program Manager - Cardiovascular (CV) Portfolio (hybrid)
Join a diverse team of innovators who bring their worldview, their unique backgrounds, and their individual life experiences to work every day. It’s no accident —we work hard to cultivate a workforce that reflects our patients and partners. We believe it’s the only way to drive healthcare forward and remain a global leader in medical technology and solutions.
Careers that Change Lives
This role will serve as a critical member of the CV Portfolio Business Development & Strategy team and partner with cross-functional colleagues within the Cardiovascular Portfolio and CV Portfolio operating units to directly influence the strategic direction of the organization. You will contribute to and lead key strategic initiatives and inorganic opportunities that will accelerate our growth. You will help identify, evaluate, and manage relationships with third parties and take responsibility for structuring and executing partnerships, acquisitions, and licenses.
In this role you will help drive the overall alignment and prioritization of external opportunities with internal capabilities and vision as well as proactively identify companies and technologies to fill prioritized strategic and technical gaps. For CV Portfolio opportunities, this role will assist in the development of strategic integration direction and execution. This will require working cross functionally to drive recommendations and decisions within the organization by performing and presenting the integration strategic rationale, analysis, assessment, scenario planning, and financial projections.
We look for leaders who have a clear vision of where we are going and how to get there, bold inclusive thinkers who create new ideas and bring our best solutions forward to benefit our patients, business partners, and customers.
A Day in the Life
Responsibilities may include the following and other duties may be assigned.
Lead strategic initiatives that drive the organization forward.
Perform strategic, financial and analytical analysis and assessments on various growth opportunities, market and therapy landscaping, white space market entry or expansion opportunities, consistent to the strategic vision and direction of the enterprise and CV Portfolio
Perform strategic and market analysis for proposed initiatives, including assessment of strategic objectives and proposed strategic fit with those objectives.
Perform portfolio management assessments against desired outcomes and metrics
Draft and develop annual strategic plans, in coordination with enterprise process and in collaboration with each of the operating units within the CV Portfolio.
Develop financial and valuation models for transactions and identify/assess opportunities and risks including financial, operational, and integration related.
Partner with CV Portfolio leadership to identify strategic needs and potential target companies/technologies to address needs.
Manage operating unit cross-functional due diligence activities in partnership with Business Development and Corporate Development leadership.
Development of integration strategy, planning and execution, starting from the business case development via due diligence to execution and post-closing value capture, working closely with business development deal leads, and work with the cross-functional teams to prioritize and make recommendations and execute accordingly across the CV Portfolio
Establish, monitor and track transaction performance against value drivers, key performance indicators, milestones and metrics specific to each active CV Portfolio integration project.
Must Have: Minimum Requirements
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.
Bachelor’s Degree with minimum 7 years of experience in a Finance, Upstream Marketing, Management Consulting, Business Development, Strategy, M&A
Or an advanced degree with a minimum of 5years of experience in a Finance, Upstream Marketing, Management Consulting, Business Development, Strategy, M&A
Nice to Have:
Medical Device industry experience
Masters or MBA
Consulting experience in top global consulting firm
Business “deal” experience (investment banking, private equity or venture capital)
Experience working with and presenting to all levels of management including business unit GMs, operating unit presidents, and portfolio presidents
Cross-functional team leadership experience
Technical experience with a focus on the medical device industry
Cross functional integration project management experience
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage. Learn more about our benefits here (http://benefits.medtronic.com/) .
This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) here .
The provided base salary range is used nationally (except in certain CA locations). The rate offered is compliant with federal/local regulations and may vary by experience, certification/education, market conditions, location, etc.
Min Salary
162400
Max Salary
243600
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.