Principal Strategy & Portfolio Associate – Neuroscience (Onsite)

Medtronic•Minneapolis, MN

4d•$130,400 - $195,600•Onsite

About The Position

We anticipate the application window for this opening will close on - 17 Aug 2026 Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact. A Day in the Life At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. As one of three comprehensive portfolios at Medtronic, Neuroscience is dedicated to improving the lives of people living with neurological disorders, spine conditions, and chronic pain. Guided by our Mission—to alleviate pain, restore health, and extend life—we develop technologies and therapies that help people regain function, reduce pain, and return to the activities that matter most. The Principal Strategy & Portfolio Associate leads strategic planning and portfolio management activities across the Medtronic Neuroscience portfolio. This role is primarily responsible for helping shape portfolio strategy, orchestrating the annual strategic planning process, and strengthening leadership operating mechanisms that drive execution on Neuroscience and enterprise priorities. Additionally, this role may include supporting business development initiatives and helping to define inorganic strategies. Working closely with Strategy & Portfolio leadership, Portfolio Finance, Operating Unit (OU) leaders, and cross‑functional partners, this role develops insights, frames recommendations, and drives high‑quality materials that inform strategic priorities, capital allocation, and portfolio decisions. Responsibilities may include the following and other duties may be assigned.

Requirements

Bachelor's Degree
Minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience.

Nice To Haves

Degree in Business, Finance, Economics, Engineering, Life Sciences, or related field.
Relevant experience in strategy, management consulting, corporate strategy, portfolio management, corporate development, finance, or related fields.
Demonstrated experience leading complex strategic projects, portfolio analyses, or planning processes in a matrixed environment.
Strong analytical and problem solving skills with the ability to structure ambiguous problems and synthesize complex information into clear, actionable insights.
Proven ability to influence and partner effectively across functions, geographies, and levels in a highly matrixed, cross functional environment.
Experience in healthcare, medical devices, life sciences, or related industry.
Hands on experience leading strategic planning, portfolio management, or enterprise/OU level strategy processes.
Experience building financial models, evaluating investments, or supporting business cases for capital allocation.
Familiarity with market research, competitive intelligence, and business case development for organic and inorganic growth opportunities.
For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Responsibilities

Strategic Planning Leadership: In collaboration with Finance and Strategy leadership, lead and continuously improve the Neuroscience portfolio strategic planning process, including development of timelines, deliverables, and planning milestones in alignment with OUs and Corporate Strategy.
Drive progress against planning milestones; proactively identify risks or gaps and partner with OU and corporate stakeholders to resolve issues and maintain momentum.
Develop and synthesize market, competitive, and portfolio analyses to inform strategic choices and long‑range planning.
Support the creation of strategy presentations, briefing materials, and executive communications for Neuroscience and enterprise leadership.
Portfolio Analysis and Decision Support: Partner with Portfolio Finance and strategy leadership to frame portfolio analyses, investment trade‑offs, and funding recommendations across organic and inorganic opportunities.
Build and refine analytical models, dashboards, and decision frameworks that inform portfolio planning, resource allocation, and scenario analysis.
Prepare clear, insight‑driven materials for portfolio review forums, enabling data‑driven decisions by Neuroscience and enterprise leadership.
Leadership Team (LT) Operating Mechanisms: In collaboration with NS LT, design, lead, and continuously enhance operating mechanisms for the Neuroscience Leadership Team, including Monthly Performance Reviews and strategic deep‑dives.
In collaboration with OUs, own coordination and development of meeting materials, pre‑reads, and follow‑up tracking to ensure clear decisions, accountability, and progress against strategic initiatives.
Maintain and evolve portfolio reporting, key performance indicators, and progress tracking for critical strategic programs.
Cross‑Portfolio and Cross‑Functional Initiatives: Play a central role in cross‑OU and cross‑portfolio strategy initiatives, ensuring alignment with Neuroscience and enterprise priorities.
Collaborate with stakeholders across strategy, finance, marketing, clinical, and R&D to integrate market, competitive, and clinical insights into recommendations.
Help identify and drive convergence opportunities across OUs (e.g., shared platforms, disease state strategies, enabling technologies).
Business Development Support: Support inorganic activities including mergers, acquisitions, joint ventures, licensing, investments, distribution agreements, sales agency relationships, co-developments, and strategic partnerships.
Assist in evaluation of these opportunities through market research, opportunity screening, and financial or strategic analysis.
Support preparation of internal materials used in these inorganic opportunity assessment and diligence processes and approval reviews through senior leadership.

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)