We anticipate the application window for this opening will close on - 13 Mar 2026

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.

Responsibilities may include the following and other duties may be assigned.

• 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.

PROGRAM MANAGEMENT CAREER STREAM: Program Managers and Directors focus on tactical, operational activities for a major program with broad or ongoing impact. Levels within the program management career stream typically accomplish program objectives through matrixed employee teams and / or vendors who are not direct reports but for which the incumbent has direct accountability to lead. The majority of time is spent overseeing their area of responsibility, managing program/team performance, communicating project and operational developments, planning, prioritizing and / or directing the responsibilities of program team members. Goal achievement is typically accomplished through performance of program team members.

DIFFERENTIATING FACTORS

Autonomy: Manages one or more medium-scale, established programs with generally-defined program plans and delivery methodologies.Is accountable for overall program process, performance, and customer satisfaction.

Organizational Impact: **Participates in establishing program objectives, timelines, milestones, and budgets .**Develops new policies and procedures that affect program management.
Typically has budget accountability for one or more programs.
Program decisions are generally recommended to higher level management.

Innovation and Complexity: **Problems and issues faced are difficult and undefined, and require detailed information gathering, analysis and investigation to understand the problem.**Problems typically impact multiple workstreams, departments or specialties .
Enhances programs management processes to improve program.

Communication and Influence: **Communicates and leads meetings with internal and external customers and vendors, conducts briefings to higher level management team.**Influences across functions and businesses while balancing divergent objectives to gain cooperation of other parties on program objectives and execution plans .

Leadership and Talent Management: **Leads, directs and reviews the work of a team of managers, experienced professionals and/or vendors who exercise latitude and independence in their assignments.**Establishes daily tasks necessary for successful program execution.
Not directly responsible for hire or fire decisions and people management.

Required Knowledge and Experience: **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.

Physical Job Requirements:

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package

A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$164,000.00 - $246,000.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: 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).

The following benefits and additional compensation are available to all regular employees: 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).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here.

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.