Sr. Upstream Product Manager - Structural Heart

MedtronicMinneapolis, MN
$134,400 - $201,600Hybrid

About The Position

We are hiring a Sr Product Manager (principal product specialist) to join the fast-paced, high-visibility Structural Heart Upstream Marketing Team, focusing on the Transcatheter Aortic Valve Replacement (TAVR) pipeline and Transcatheter Pulmonic Valve (TPV) pipeline within Medtronic’s Structural Heart business. This role is designed for someone who wants to grow as an upstream product manager and be at the center of where clinical insight, technology strategy, business opportunity, and product development come together. Structural Heart is one of Medtech’s most exciting therapy areas and one of Medtronic’s most important growth drivers. In this role, you will help define the direction of future products, why they matter clinically and commercially, and how cross-functional teams align to bring them forward to treat patients. The work is intellectually demanding, highly collaborative, and visible to senior stakeholders. Success in this role requires curiosity, analytical rigor, technical learning agility, business judgment, and the ability to influence stakeholders across R&D, clinical, regulatory, commercial, finance, and physician communities. This is a robust upstream product management role for candidates who enjoy complex, ambiguous problems and want to operate at the intersection of technology, strategy, and stakeholder leadership. The role requires comfort learning technical concepts, evaluating business opportunities, engaging physicians and internal experts, and influencing decisions across a matrixed organization. Candidates should expect to be challenged intellectually and should be energized by work that requires both independent strategic thinking and strong collaboration.

Requirements

  • Bachelor’s Degree
  • 7+ years in a marketing, sales, strategy or engineering role (5+ years with Masters)
  • Project management experience
  • 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.
  • 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

  • MBA or technical Master’s Degree.
  • Upstream or strategic marketing experience, including innovation strategy, product pipeline development, evidence planning, and portfolio planning activities.
  • Experience translating customer needs, clinical insights, and technical trade-offs into product requirements, business cases, or strategic recommendations.
  • Strong experience interfacing with physician customers both individually and in group settings.
  • Track record and passion for effectively partnering with cross-functional teams in a matrixed environment.
  • Experience influencing stakeholders without direct authority, including situations with competing priorities or incomplete information.
  • Strong business and strategic acumen
  • Excellent communication and relationship skills
  • Ability to thrive in ambiguity
  • Able to travel up to 35%
  • Medical device or other healthcare industry experience.

Responsibilities

  • Build deep therapy expertise across disease states, treatment pathways, physician workflows, current and emerging therapies, existing and future technologies, market trends, adoption barriers, and unmet clinical needs.
  • Represent upstream marketing on product development teams, helping translate customer insight and business strategy into product requirements, program priorities, and trade-off decisions.
  • Partner closely with R&D, clinical, regulatory, medical affairs, commercial, finance, and other key functions to shape differentiated products that are technically feasible, clinically meaningful, and commercially compelling.
  • Collect, analyze, and synthesize Voice of Customer (VOC), Voice of Business (VOB), market research, competitive intelligence, and internal stakeholder input to identify where Medtronic can make unique and worthy contributions.
  • Translate unmet needs into clear product requirements, value propositions, evidence needs, and business recommendations while negotiating priorities and trade-offs across technical, clinical, regulatory, and commercial objectives.
  • Actively engage physician key opinion leaders (KOLs), current and potential customers, internal stakeholders, and third-party market research groups to identify strategic areas of focus and pressure-test product concepts.
  • Develop business plans, market models, and opportunity assessments that evaluate new product concepts, pipeline investments, market potential, competitive differentiation, and strategic fit.
  • Monitor emerging technologies, competitive moves, treatment trends, and external market developments to inform portfolio strategy and future innovation choices.
  • Help define the future innovation and evidence pipeline and participate in strategic portfolio planning activities that influence long-term product and therapy direction.
  • Deliver clear, compelling presentations to internal business partners, senior leaders, and external physician experts to communicate insights, recommendations, and portfolio strategy.
  • Build trusted relationships with key opinion leaders, current and future customers, and internal experts by engaging deeply on clinical, scientific, technical, and market-related topics.
  • Collaborate with cross-functional partners to move complex projects forward with speed, decisiveness, quality, and appropriate stakeholder alignment.
  • Bring a product-manager mindset to ambiguity by framing problems, clarifying assumptions, identifying decision points, and creating practical paths forward.
  • Identify and champion new approaches to business, technology, operations, and marketing challenges where better insight or stronger alignment can improve outcomes.
  • Provide senior management and cross-functional partners with updates, reports, content, and presentations that clearly articulate priorities, risks, trade-offs, and recommendations.
  • Manage a broad stakeholder environment where perspectives may differ, priorities may compete, and influence is often required without direct authority.

Benefits

  • Competitive Salary and flexible Benefits Package
  • 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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