New Product Development Program Manager

Trane Technologies • Minneapolis, MN

2d • Hybrid

About The Position

Thermo King, a Trane Technologies business, is hiring a New Product Development Program Manager to lead cross-functional product development teams through a structured Stage-Gate process, delivering new or improved products to market. The role ensures products meet customer requirements, program goals, schedules, and budgets, and carries P&L accountability for program and project activity through product launch. The Program Manager drives project execution through handoff to operations, leads through influence rather than direct authority, navigates ambiguity, removes obstacles, and maintains a proactive, problem-solving approach that keeps teams motivated and engaged. This is not an IT PMO position; the company seeks experience in engineering, new product development, manufacturing, or industrial portfolio management.

The work arrangement is onsite Monday through Thursday, with employees choosing their work location on Fridays according to work needs. Travel is 10–20%. The position is incentive eligible and offers an annual base salary range of $127,110 to $177,870. Benefits begin on day one and include health insurance, wellness programs, family-building benefits, paid time off, retirement matching, and education and training support.

Requirements

• Bachelor’s degree or equivalent demonstrated experience leading complex New Product Development hardware projects.
• At least 7 years of demonstrated experience in end-to-end project or program execution within a structured Stage-Gate process.
• Proven experience leading diverse cross-functional teams and communicating effectively at the executive (VP) level.
• PMP or equivalent PMI certification required; it may be pursued after hire.
• Solid understanding of P&L management, financial tracking, and hardware/manufacturing product development cycles.

Nice To Haves

• Certified MS Project Orange Belt.

Responsibilities

• Take overall responsibility for product delivery from requirements and prototype testing through successful product launch.
• Partner with management and business leaders to define program scope, objectives, and risk assessments.
• Collaborate with Product Management to establish customer and product requirements.
• Direct and coordinate program personnel to keep programs on schedule and within budget while meeting customer requirements.
• Anticipate issues and drive proactive countermeasures to ensure programs meet their objectives.
• Escalate critical issues and mitigation recommendations to executive leadership in a timely manner.
• Resolve people and team-dynamic issues to maintain cross-functional team performance.
• Manage intra-program dependencies and their interrelationships, including impacts on other enterprise programs and projects.
• Mentor and coach program team members and non-dedicated project leaders on project management fundamentals and governance.
• Schedule and facilitate status review meetings, gate assessments, and progress milestone updates.
• Drive integrated planning and implementation of multiple cross-functional programs across the organization.
• Improve operational and process efficiency to reduce New Product Development cycle times.
• Collaborate with the PMO Leader and other Program Managers across the Strategic Business Unit to improve the Trane Technologies Project Development Process.
• Lead post-program reviews, capture lessons learned, and drive organizational learning and long-term process improvement.

Benefits

• Health insurance beginning on day one.
• Holistic wellness programs with incentives.
• Fertility coverage and adoption/surrogacy assistance.
• Up to 15 vacation days, paid holidays, sick leave, and additional options for volunteer and parental leave.
• 401(k) match.
• Educational and training opportunities through company programs.
• Tuition assistance and student debt support.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior