Sr Product Specialist - Stewardship and Optimization, CardioVasculary Surgery

MedtronicBrooklyn Park, MN
$103,200 - $154,800Hybrid

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. 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. The Sr. Product Specialist (Global Product Manager – Stewardship and Optimization) is responsible for owning and optimizing a legacy and core product portfolio within Perfusion and Blood Management. This role drives end-to-end lifecycle management, ensuring sustained revenue, margin expansion, operational reliability, and customer value for established global product lines. This position is focused on portfolio stewardship—protecting and enhancing the performance of existing offerings, simplifying complexity, and enabling scalable execution across global markets. This individual works cross-functionally across Marketing, Operations, R&D, Regulatory, Quality, and Commercial teams to ensure the portfolio remains competitive, compliant, and aligned to evolving clinical and customer needs.

Requirements

  • Bachelor’s degree
  • At least 4 years of relevant experience, or advanced degree with 2+ years of relevant experience
  • Product launch or product or program management experience
  • Must possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Nice To Haves

  • MBA
  • Prior experience within the medical device industry, preferably in cardiovascular, perfusion, or blood management portfolios
  • Direct experience in downstream or global product marketing, including lifecycle management and portfolio optimization
  • Demonstrated experience working in regulated healthcare environments (e.g., FDA, MDR)
  • Experience supporting or leading product simplification, SKU rationalization, or end-of-life (EOL) initiatives
  • Exposure to global markets and working across regional commercial teams
  • Strong financial acumen, including experience managing product profitability, cost optimization, or pricing strategies
  • Experience working in matrixed, organizationalizations with multiple stakeholders

Responsibilities

  • Own the global stewardship strategy for assigned Perfusion and Blood Management product portfolios
  • Develop and execute lifecycle plans focused on revenue sustainability, margin optimization, and SKU rationalization
  • Lead end-of-life (EOL), product transition, and simplification initiatives to reduce complexity and risk
  • Ensure product availability, supply continuity, and alignment with global demand planning
  • Monitor and drive portfolio financial performance (revenue, margin, cost optimization)
  • Identify opportunities for cost reduction, pricing optimization, and portfolio harmonization
  • Partner with finance and operations to improve profitability and working capital efficiency
  • Support annual planning (AOP), long-range planning (LRP), and portfolio forecasting
  • Partner closely with Operations, Supply Chain, and Quality to address supply risks, shortages, and manufacturing challenges
  • Collaborate with Regulatory Affairs to maintain global compliance and manage changes/updates
  • Work with R&D and Sustaining Engineering on product modifications, material changes, and technical improvements
  • Align with regional marketing and commercial teams to ensure market needs and customer feedback inform portfolio decisions
  • Maintain deep understanding of clinical workflows (perfusion, cardiopulmonary bypass, blood management)
  • Gather and translate voice of customer (VOC) insights into actionable portfolio improvements
  • Support field teams with product expertise, issue resolution, and technical guidance
  • Monitor competitive landscape and evolving customer requirements
  • Lead and manage cross-functional projects tied to product updates, transitions, and operational improvements
  • Ensure strong governance, documentation, and communication across stakeholders
  • Drive standardization and scalability across global markets
  • Enable effective change management across internal teams and customers

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)
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