Medtronic

Business Development Director, Neuromodulation

Medtronic

full-time

Posted on:

Location Type: Hybrid

Location: Minneapolis • California • Colorado • United States

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Salary

💰 $192,000 - $288,000 per year

Job Level

Lead

About the role

  • Lead and execute inorganic growth strategies to expand and enhance the Neuromodulation Operating Unit’s position.
  • Focus on identifying and securing external partnerships that align with strategic business goals.
  • Maintain a 6-, 12- & 18-month pipeline of actionable targets & opportunities.
  • Oversee all aspects of transaction processes including deal sourcing, modeling, negotiation, due diligence, and integration planning.
  • Ensure alignment with overall business objectives and financial targets.
  • Conduct comprehensive market analyses to identify emerging trends, potential partners, and growth opportunities.
  • Develop strategies that leverage these insights to maintain and enhance competitive positioning.
  • Establish and maintain strong relationships with external partners, including industry leaders, potential acquisition targets, and other relevant stakeholders.
  • Work closely with various internal teams, including strategy, finance, legal, R&D, and operational units, to ensure cohesive strategy implementation and operational alignment.

Requirements

  • 10+ years of experience leading cross-functional project teams and managing complex programs involving multiple stakeholders
  • 7+ years of managerial experience (direct/indirect)
  • Experience negotiating, structuring, executing and integrating distribution, investment, licensing, partnership, acquisition, divestiture transactions
  • Strong, demonstrated communication skills and executive presence
  • Knowledge and experience within the neuromodulation, deep brain stimulation, spinal cord stimulation segments of healthcare is ideal
  • MBA or equivalent advanced degree in Business, Healthcare, Finance, or related fields
  • In-depth knowledge of medical device regulatory requirements and the clinical trial process
  • Extensive experience in the medical device or healthcare industry with a track record in M&A, strategic valuations, and partnership development
  • Proficiency in building advanced financial models (i.e. Excel) and strategic presentations (i.e. PPT)
Benefits
  • Health, Dental and vision insurance
  • Health Savings Account
  • Healthcare Flexible Spending Account
  • Life insurance
  • Long-term disability leave
  • Dependent daycare spending account
  • Tuition assistance/reimbursement
  • Simple Steps (global well-being program)
  • Incentive plans
  • 401(k) plan plus employer contribution and match
  • Short-term disability
  • Paid time off
  • Paid holidays
  • Employee Stock Purchase Plan
  • Employee Assistance Program
  • Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
  • Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial modelingnegotiationdue diligencetransaction integrationmarket analysisstrategic planningpartnership developmentM&Alicensinginvestment structuring
Soft Skills
communication skillsexecutive presenceleadershipcross-functional team managementrelationship buildingstrategic thinkingstakeholder managementorganizational alignmentproblem-solvingcollaboration
Certifications
MBAadvanced degree in Businessadvanced degree in Healthcareadvanced degree in Finance