Therapy Director Spinal Cord Stimulation & Targeted Therapy Delivery - Hybrid (Finance)

We anticipate the application window for this opening will close on - 10 Jan 2025

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

Therapy Director for the Spinal Cord Stimulation and Targeted Therapy Delivery Business

This individual will be part of the Neuromodulation Research and Development Leadership team, reporting to the VP R&D. They have (or can quickly develop) in-depth domain-specific technical and therapy knowledge.

Approximately 50% of their time will be dedicated to ensuring the flawless execution of the New Product Innovation (NPI) roadmap, including:

• Manage and support Core Team Leaders (CTL), both short-term and in their long-term professional growth
• Support CTLs and Core Teams through project execution challenges
• Support CTLs and Core Teams at the Product Review Committee (PRC) and through all phases of the Ideation to Market Release process
• Manage with other Therapy Directors the Core Team Leader Forum, the CTL pipeline, and CTL professional growth
• Collaborate with other Therapy Directors to define common best practices
• Work with other Therapy Directors to manage scope/cost/schedule challenges across the portfolio and escalate to the business as necessary
• Collaborate with Operations to ensure all OPC projects are evaluated and supported and no continuity risks arise
• Attend the business processes (IBP PMR and GSR) to support lifecycle needs and actions
• Collaborate with Release Product Engineering team to ensure key field issues are appropriately prioritized and understood in the context of the specific therapy needs
• Work with finance on monthly and quarterly management of Capital, Expenses, and Latest Best Estimates.
• Collaborate with strategy, the PMO, and the functions to clarify the priorities as input to the Supply and Demand process
• Key point of contact for the Neuromodulation and Neuroscience Leadership Teams for therapy and technical questions
• In coordination with the field, can present NPI Roadmap to hospitals and customers

Approximately 30% of their time will be dedicated to developing and aligning around the Therapy Strategy. This will include:

• With other Therapy Directors will manage the Idea-Review-Board as a pre-cursor of the Investment Review Board to develop a rich funnel of strong new ideas and investment options.
• Defines the NPI roadmap under the leadership of the strategy team and in collaboration with all key stakeholders and functions
• Involved in critical Business Development assessments and will be the technical representative in due diligence activities
• Partner with upstream marketing, Research and Technology (R&T), and the Digital Director to ensure the therapy-specific needs are reflected in the digital pipeline
• Works in close collaboration with R&T to define key areas of interest and early ideas prioritization in the specific therapy area
• Explores adjacent markets and technologies for consideration
• Partner with legal to create a coherent attack/defense IP strategy

Approximately 20% of their time will be spent fostering collaborations with customers and Key Opinion Leaders (KOLs). This includes:

• In-depth knowledge of the top 20 global KOLs and other key physicians
• Participation in key advisory boards and scientific congresses.
• Together with upstream marketing R&T organizes dedicated Tech Suites to assess new ideas directly with customers.
• Key point of contact for the Neuromodulation and Neuroscience Leadership Teams for technical questions.
• In coordination with the field, can present Product Roadmap to hospitals and customers

Must-Have: Minimum Requirements

• Bachelor's degree in engineering or physical sciences
• Minimum of 10 years of relevant experience with 7+ years of managerial experience, or Advanced Degree with a minimum of 8 years prior relevant experience, minimum of 7+ years of managerial experience

Nice to Have

• Medical device experience (Class I, II, or III)
• 5+ years of pertinent-level management experience with responsibility for strategic and tactical management of a complex medical device technology and product pipeline
• Demonstrated experience in engineering disciplines, including electrical, mechanical, biomedical, software, UI/UX design, industrial design, and human factors.
• Demonstrated comfort with basic sciences such as biology, physiology, and anatomy, the physical sciences including physics and chemistry
• Demonstrated experience collaborating across the matrix and leading cross-functional program teams
• Demonstrated business acumen, executive presence, and communication skills
• Proven skills in quantitative analysis and data-driven decision-making.
• Experience with highly complex/high-reliability products

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):$187,200.00 - $280,800.00

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).

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 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.

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.