We anticipate the application window for this opening will close on - 15 Nov 2024

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

Team is working hybrid and position can be onsite 3 days/week at any of the following Medtronic locations: Lafayette, CO; Minneapolis, MN; or Santa Clara, CA.

The Business Development Director for the Endoscopy segment within the Medical Surgical Portfolio will help shape the operating unit’s investment strategy over the next five to ten years. The Director will drive strategic inorganic growth initiatives through mergers, acquisitions, joint ventures, strategic partnerships, licensing, investments, distribution, sales agency relationships, and co-developments.


The Director will manage the evaluation and execution of transactions to align with strategic and financial goals, enhancing operational efficiency and quality in deal assessment, flow, diligence, approval, integration, and post-mortem evaluations. Working closely with Medical Surgical Portfolio leaders, Operating Unit Presidents, and BD&S leaders to elevate and communicate best practices, ensuring a high level of visibility and operational excellence.


This role also demands building and maintaining strong external partnerships to boost the company’s market presence and influence. The ideal candidate will have a robust background in mergers and acquisitions (M&A), a proven expertise in valuation, and a deep understanding of market trends within the healthcare industry. Required is a strategic thinker who can navigate a cross-functional matrix and effectively partner with functional leaders and corporate development. The Director should be passionate about transforming healthcare through strategic business development, focusing on impactful transaction evaluation and execution.


Reports to: Vice President, Business Development, Medical Surgical Portfolio.

Position requires up to 20% travel.

Key Responsibilities:

• Lead and execute inorganic growth strategies to expand and enhance the Endoscopy Operating Units position. Focus on identifying and securing external partnerships that align with strategic business goals.
  
• Oversee all aspects of transaction processes including deal sourcing, negotiation, due diligence, and integration planning. Ensure alignment with overall business objectives and financial targets.
  
• Conduct comprehensive market analyses to identify emerging trends, potential partners, and growth opportunities. Develop strategies that leverage these insights to maintain and enhance competitive positioning.
  
• Establish and maintain strong relationships with external partners, including industry leaders, potential acquisition targets, and other relevant stakeholders.
  
• Work closely with various internal teams, including strategy, finance, legal, R&D, and operational units, to ensure cohesive strategy implementation and operational alignment.
  
• Adapt strategies and operations to evolving business needs and market conditions.
  

Must Have: Minimum Requirements

• 10+ years of experience leading cross-functional project teams and managing complex programs involving multiple stakeholders, while progressively advancing in roles across business development, strategy, marketing, finance, and/or consulting to drive business growth and strategic initiatives (8+ years with Advanced Degree) including 7+ years of managerial experience
  

Nice to Have:

• Demonstrated strong strategic mindset and the ability to operate independently and self-direct in complex and dynamic environments.
  
• Proven people management skills, capable of both direct and indirect leadership, and influencing VP/GM-level staff.
  
• Experience with board-level engagement, potentially including observer representation for major investments, structured deals, or joint steering committees.
  
• Capacity to influence therapy and functional recommendations within the organization.
  

• MBA or equivalent advanced degree in Business, Healthcare, Finance, or related fields
  
• In-depth knowledge of medical device regulatory requirements and the clinical trial process.
  
• Extensive experience in the medical device or healthcare industry with a track record in M&A, strategic valuations, and partnership development
  
• Proficiency in building advanced financial models and strategic presentations.
  

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):$209,600.00 - $314,400.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).This position is eligible for an annual long-term incentive plan.
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).

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 90,000+ 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.




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.