Senior Business Product Owner - Remote (USA)

Medtronic • Minneapolis, MN

4d • $140,000 - $210,000 • Remote

About The Position

The Business Product Owner is accountable for maximizing the business value delivered by a dedicated, fixed capacity, cross functional team (Pod). Operating within Medtronic’s Agile, product aligned operating model, the Business Product Owner represents business and customer needs, translates strategic priorities into a clearly ordered backlog, and partners closely with the Pod to deliver incremental, measurable outcomes through continuous delivery and feedback loops. The Senior Business Product Owner balances near term operational and customer outcomes with longer term product direction. They continuously adjust priorities based on value, learning, and performance data— shifting scope rather than timelines or team capacity— to ensure delivery remains focused on the highest impact business outcomes.

Requirements

• Bachelor’s degree with relevant professional experience, or equivalent practical experience
• 7+ years of relevant experience, OR 5+ years of relevant experience with an advanced degree
• Possess unrestricted U.S. work authorization at the time of hire and for the duration of employment (for roles below Principal level)

Nice To Haves

• Experience building a product for a financial organization for medical device industry or related regulated industry
• Demonstrated experience serving as a Business Product Owner, Product Owner, or product‑aligned role in an Agile environment
• Proven ability to translate business needs into clear, prioritized backlogs
• Strong decision‑making skills with experience balancing value, risk, and stakeholder expectations
• Effective communication and collaboration skills across business and technology partners
• Experience using metrics and feedback to drive prioritization and continuous improvement
• Experience working in a product‑ or value‑stream‑aligned operating model
• Familiarity with Agile delivery in complex or regulated environments
• Experience supporting Transform, Grow, and Run work within a single team
• Comfort collaborating across multiple teams and stakeholder groups

Responsibilities

• Own and maintain a single, prioritized Product Backlog aligned to business objectives, customer needs, and value drivers
• Translate business problems, opportunities, and desired outcomes into clearly defined features and user stories with acceptance criteria
• Continuously refine and reprioritize backlog items based on value, risk, dependencies, and fixed Pod capacity
• Make timely, transparent trade‑off decisions to maximize business value delivery within the team’s capacity
• Define and communicate clear business outcomes and success measures for backlog items and releases
• Partner with the Pod to deliver work incrementally, enabling early validation of value and fast feedback
• Validate delivered outcomes against expected benefits, operational improvements, or customer impact
• Use insights from delivery metrics and stakeholder feedback to guide future prioritization and product direction
• Serve as the primary business point of contact for product priorities, scope, and value decisions
• Engage stakeholders through regular reviews, demonstrations, and feedback sessions
• Balance competing stakeholder needs using value‑based prioritization rather than scope commitments
• Ensure expectations are aligned with Pod capacity and delivery realities
• Work day‑to‑day with the Pod to clarify intent, priorities, and acceptance criteria
• Participate actively in Agile ceremonies and planning events to support shared understanding
• Enable the Pod to focus on delivery by providing clear priorities and fast decision‑making
• Foster a collaborative, outcome‑focused working relationship built on trust and accountability
• Ensure backlog priorities remain aligned with broader product, portfolio, or value‑stream direction
• Identify and actively manage dependencies with other Pods, teams, or initiatives
• Proactively surface risks, constraints, and trade‑offs to support informed decision‑making
• Adjust priorities as conditions change while maintaining delivery stability

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
• Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)

What This Job Offers

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