Portfolio Manager (Hybrid)

Stryker Corporation; Mahwah (NJ); On-site; Confidential; Full time

Benefits offered by this job

Hybrid work model

Job summary

Stryker Corporation in Mahwah, NJ is seeking a Portfolio Manager on the Trauma team to translate customer needs into future product specifications and to lead market research, financial modeling, and launch planning across NPDP. You will collaborate with Clinical Affairs and Product Marketing to align evidence generation with clinical data and support lifecycle management.

The role requires a Bachelor's degree and 4+ years of experience, with onsite presence in Mahwah 3 days a week; MBA and

Qualifications

• Bachelor's degree required.
• 4+ years of work experience required.
• Ability to be onsite at our Mahwah, NJ office 3x a week.
• MBA preferred.
• 1+ years medical device or marketing experience preferred.

Responsibilities

• Compile and evaluate research on customer needs and translate into product specifications.
• Conduct market, competitive, and customer research to identify trends and opportunities.
• Translate features and insights into value propositions and messaging strategies.
• Build financial models to support product development investments, forecasting, pricing and ROI analyses.
• Collaborate cross-functionally in NPDP to evaluate opportunities and drive launches and lifecycle management.

Skills

Work experience

Education

Bachelor's degree

MBA

Job description

Work Flexibility: Hybrid

What you will do:

As a Portfolio Manager on Stryker's Trauma team, you will help compile and evaluate research on customer needs in the market or segment and translate those needs into specifications for future generation products. Conduct market, competitive, and customer research using qualitative and quantitative data to identify industry trends, customer needs, and product opportunities. Translate product features, benefits, and customer insights into compelling value propositions and messaging strategies. Collaborate cross-functionally throughout the New Product Development Process (NPDP) to evaluate opportunities, support business objectives, and drive successful product launches. Build and maintain financial business case models to support product development investments, forecasting, pricing strategies, and return-on-investment analyses. Leverage organizational capabilities and strategic assets to maximize new product development, launch planning, and lifecycle management efforts. Partner with Clinical Affairs and Product Marketing to define evidence-generation strategies, develop publication plans, and ensure messaging aligns with clinical and scientific data. Evaluate customer acquisition and retention opportunities, including potential sources of new volume, market expansion strategies, and associated financial tradeoffs. Develop pricing strategies that align with overall marketing objectives, brand positioning, and business goals. Partner with Product Marketing and commercial teams to develop and execute product launch plans, sales enablement tools, channel communications, and marketing resources that drive market adoption. Execute product lifecycle management (PLCM) strategies to support long-term business growth and product performance.

What you need

• Required
• • Bachelor's degree
• • 4+ years of work experience
• •Ability to be onsite at our Mahwah, NJ office 3x a week
• Preferred
• • MBA
• • 1+ years medical device or marketing experience preferred United States of America

Pay Ranges: US20: $107,200 - $178,600 USD Annual View the U.S. work location and transparency guide to find the pay range for your location.

Travel Percentage: 30%

Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer - M/F/Veteran/Disability. Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

Stryker is one of the world's leading medical technology companies and, together with its customers, is driven to make healthcare better. We offer innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. We are proud to be named one of the World's Best Workplaces! For more information, visit: www.stryker.com

Work Flexibility Remote - Role allows you to work the majority to 100% of time from an alternate workplace.

• These roles could have travel expectations, and you must work within the country of the job requisition location.
• Field-based - You can expect to regularly work a majority to 100% of time at customer facilities and has a set territory or expectation to travel within a set boundary. Almost all sales roles would likely be qualified as field-based.
• Onsite - Role is 100% located at a Stryker facility. Some ad hoc flexibility may be available depending on role, level, and job requirements. Manufacturing roles and any role that requires physical presence at the office would qualify under this category.
• Hybrid - You can expect to regularly work in both an alternate workplace and a Stryker facility. Roles that are partially remote or co-located would qualify as hybrid, and the expectation to be onsite would be defined and agreed upon by your manager/supervisor.