Principal Corporate Development Associate

Medtronic•Minneapolis, MN

7h•Onsite

About The Position

The Principal Corporate Development Associate plays a key role in advancing Medtronic’s strategic growth initiatives through mergers and acquisitions (M&A), strategic alliances, joint ventures, minority investments, technology licensing, and divestitures. This individual partners closely with Corporate Development leadership and cross-functional teams to evaluate opportunities, execute transactions, and support strategic decision-making across the enterprise. The role requires strong analytical, financial, and strategic thinking capabilities, as well as the ability to manage multiple concurrent projects in a dynamic, fast-paced environment. The Principal Corporate Development Associate serves as a trusted advisor and representative of Medtronic in interactions with business leaders, functional partners, and external stakeholders.

Requirements

Current enrollment in an MBA program (second year)
Ability to begin full-time employment in July 2027 following graduation
Minimum of 5 years full-time work experience
Demonstrated experience conducting financial, strategic, and market analyses.

Nice To Haves

Experience in corporate development, investment banking, management consulting, strategic planning, private equity, or venture capital.
Advanced financial modeling and business valuation expertise.
Experience supporting or leading M&A transactions, including due diligence, deal structuring, and negotiations.
Medical device, healthcare, life sciences, or related industry experience.

Responsibilities

Lead and support strategic transactions, including acquisitions, partnerships, investments, joint ventures, licensing agreements, and divestitures.
Assess project requirements and identify the appropriate cross-functional resources needed to support transaction execution.
Conduct market, industry, competitor, and company analyses to evaluate strategic fit and growth opportunities.
Identify potential opportunities, risks, synergies, and integration considerations associated with proposed transactions.
Develop detailed financial models, valuation analyses, and business cases to support investment recommendations.
Evaluate and recommend transaction structures in partnership with legal, tax, and finance stakeholders.
Coordinate and manage due diligence activities across functional teams, including finance, legal, human resources, operations, quality, regulatory, R&D, and information technology.
Serve as a primary point of contact for external parties, advisors, and internal stakeholders throughout the transaction process.
Support and participate in negotiations with counterparties under the guidance of Corporate Development leadership.
Develop executive-level presentations and recommendations for senior leadership and governance committees.
Monitor emerging technologies, market trends, competitive dynamics, and organizations of strategic interest.
Build and maintain a broad understanding of Medtronic’s businesses, markets, and the medical technology landscape.
Manage multiple active transactions simultaneously, balancing changing priorities and stakeholder needs.