Senior Manager, Business Development - Neuroscience

Medtronic • Minneapolis, MN

1d • $164,000 - $246,000

About The Position

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. A Day in the Life Senior Managers of Business Development for the Neuroscience Portfolio support the execution of the organization’s inorganic growth strategy across multiple Neuroscience Operating Units: Cranial & Spinal Technologies, Neurovascular, Neuromodulation, ENT, and Pelvic Health. Operating as part of a pooled Business Development team, Senior Managers lead and support strategic inorganic activities including mergers, acquisitions, joint ventures, licensing, investments, distribution agreements, sales agency relationships, co-developments, and strategic partnerships. This role will drive the evaluation and execution of transactions aligned with the strategic and financial objectives of these Operating Units. Responsibilities will include opportunity screening, cross-functional team coordination, robust financial and strategic analysis, valuation, due diligence, negotiation, contracting support, and post-transaction reviews. Working closely with the Operating Unit business leaders, Neuroscience coverage leads, finance partners, functional stakeholders, and Corporate Development, this individual will help drive disciplined processes that proactively identify risks and support operating mechanisms that ensure effective inorganic execution across the portfolio. This role is fast-paced and demanding, requiring the ability to rapidly develop working knowledge across evolving medical device and neuroscience sub-segments. The ideal candidate will have experience in mergers and acquisitions and/or strategic transactions, demonstrated capability in valuation and financial analysis, and a solid understanding of healthcare market dynamics. Success in the role requires strong strategic thinking, project management skills, and the ability to influence and partner effectively with cross-functional leaders and stakeholders. A proactive mindset, sense of urgency, and strong written and verbal communication skills are essential, along with a passion for advancing healthcare through thoughtful and impactful business development initiatives. Reports to: Senior Director, Business Development & Strategy, Neuroscience Portfolio.

Requirements

• Requires broad management knowledge to lead project teams in one department.
• Typically has mastery level knowledge and skills within a specific technical or professional discipline with broad understanding of other areas within the job function.
• Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A) and minimum of 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience.

Responsibilities

• Defines corporate objectives and long-range plans to achieve growth and financial profitability through acquisitions, disposals, mergers, joint ventures, strategic alliances and licensing agreements.
• Identifies, investigates, and analyzes possible acquisition, merger, and licensing opportunities and strategic partnerships.
• Acts as corporate representative and negotiator in initial contact with candidates for merger, acquisition, or licensing.
• Manages on-going licensing agreements, acquisitions, and/or alliances as the business representative for the company to extract the most value from the relationship.

Benefits

• Medtronic offers a competitive Salary and flexible Benefits Package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
• 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, and 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), and 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