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

The Principal Corporate Development Associate participates in Medtronic Business Development projects including mergers and acquisitions, strategic alliances, joint ventures, minority investments, technology licenses and divestitures, for which the Medtronic Business Development group has primary responsibility. The Associate is required to work in close partnership with corporate development leadership, and project teams that generally include personnel from various corporate and/or business unit functional departments including finance, tax, law, human resources, research and development, operations, information technology, quality assurance, and regulatory.

The Associate participates in the Medtronic Business Development activity by performing market analysis, financial analysis, deal structuring and negotiation, and due diligence project coordination. The Associate is responsible for executing project requirements and preparing and presenting proposals and recommendations to management. In addition, the Associate will interact with third parties as a crucial Medtronic representative to evaluate new opportunities, drive project deliverables, and negotiate terms. The Associate generally is required to participate in 4 to 6 active projects at any one time, with fluctuating levels of time commitment.

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

• Assess project requirements and identify necessary personnel and information resources for project team

• Perform market analysis for proposed transactions, and transaction relationship/fit with Medtronic strategic objectives

• Perform company, market, competitor, and industry research and analysis and prepare profiles

• Identify and assess opportunities and risks of proposed transactions, including operational and integration synergies and issues

• Perform detailed financial analysis and develop valuation models for proposed transactions

• Develop and analyze transaction structures in cooperation with legal personnel

• Serve as a point of contact with third parties, lawyers, Medtronic Corporate Development leadership and Medtronic operating unit and functional resources in support of proposed transactions

• Actively participate in negotiation process in cooperation with and with direction from Medtronic Corporate Development leadership

• Present proposed transactions to appropriate decision making management groups

• Manage analysis and due diligence processes including coordination of Medtronic functional and business unit personnel

• Monitor markets, industries and organizations of potential strategic interest

• Develop broad knowledge of medical technology industry and Medtronic businesses to further develop leadership potential

Must Have: Minimum Requirements

• MBA plus 5+ years of experience development of business strategies, tactics and solutions

Nice to Have

• Advanced financial modeling experience

• Experience managing multiple projects simultaneously

• Experience working with all levels of management

• In-depth experience creating spreadsheets, presentations and word processing software (Excel, PowerPoint, Word, etc.)

• Previous work experience in business development, investment banking, strategic planning and/or operating management

• Analytical and valuation experience

• Medical device or healthcare industry experience

• M&A and strong valuation experience

• Strong leadership skills

• Excellent oral and written communication skills

• Strong interpersonal skills with the ability to influence and lead others

• Strong organization and prioritization skills with the ability to manage several projects simultaneously

• Ability to perform under pressure and in a very dynamic environment

• A high degree of initiative and motivation

• Strong strategic thinking

• Ability to understand complex technical product information

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):$133,600.00 - $200,400.00

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

Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)

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 (http://www.medtronic.com) .

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.

At Medtronic, most positions are posted on our career site for 3-7 days.

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If you applied before July 22nd, please check your email for a notification from us providing you with instructions and a link to set up your new account and retain access to your current activity. If you do not see an email from us, please feel free to proceed with creating a new account.

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.

We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…

• Build a better future, amplifying your impact on the causes that matter to you and the world

• Grow a career reflective of your passion and abilities

• Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning

These commitments set our team apart from the rest:

Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.

Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.

Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care

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.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .

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