New Product Development Program Manager

trane technologies•Bloomington, MN
•$127,110 - $177,870•Hybrid

About The Position

The New Product Development Program Manager leads cross-functional teams in delivering new or improved Thermo King products to market through a structured Stage-Gate New Product Development process. The role ensures products meet customer requirements and program goals, timelines, and budgets, and carries P&L accountability for program and project activity through product launch. The Program Manager guides teams toward effective execution and handoff to operations, leading through influence, navigating ambiguity, removing obstacles, and maintaining a proactive, problem-solving approach that keeps teams motivated and engaged. This is not an IT PMO role; the company seeks experience in engineering, new product development, manufacturing, or industrial portfolio management. The position works onsite Monday through Thursday, with employees choosing their work location on Fridays according to work needs. Travel is 10–20%.

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 or manufacturing product development cycles.

Nice To Haves

  • Certified MS Project Orange Belt preferred.

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.
  • Work 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 meet program objectives.
  • Escalate critical issues and mitigation recommendations to executive leadership in a timely manner.
  • Resolve people and team dynamic issues to maintain effective cross-functional team performance.
  • Manage intra-program dependencies and their relationships, 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 reviews, gate assessments, and progress milestone updates.
  • Drive integrated planning and implementation of multiple cross-functional programs across the organization.
  • Drive operational and process efficiencies to reduce New Product Development cycle times.
  • Collaborate with the PMO Leader and other Strategic Business Unit Program Managers to continuously improve the Trane Technologies Project Development Process.
  • Lead post-program reviews to capture lessons learned and drive organizational learning and long-term process improvement.

Benefits

  • Health insurance and holistic wellness programs with incentives, available from day one for the employee and family.
  • 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.
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