Product Portfolio Manager

Danfoss; Minneapolis (MN); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Mentoring & training

Flexible work-life balance

Inclusive culture

Comprehensive benefits

Job summary

Danfoss is seeking a Portfolio Manager to own global product strategy for key lines and drive innovation and profitability across regions.

You will lead cross-functional teams, gather customer insights, define requirements, and launch new solutions while ensuring regional market needs shape the global portfolio strategy.

Qualifications

• 5+ years in product development, marketing or sales.
• Strategic and customer-focused mindset with cross-functional leadership.
• Willingness to travel up to 20% and communicate complex ideas clearly.

Responsibilities

• Own global product strategy for assigned lines, create roadmaps and business cases.
• Lead new product development from customer insights to launch.
• Ensure regional needs inform global portfolio strategy as voice of the region.
• Manage lifecycle including pricing, mix and end-of-life to maximize profitability.
• Collaborate with sales and BD teams on regional launches and training.

Skills

Product strategy

Cross-functional teams

Strategic mindset

Travel readiness

Education

Degree in Business/Marketing/Engineering

Job description

The Impact You'll Make

As a Portfolio Manager at Danfoss, you will be the driving force behind the success of our key product lines. You will have the unique opportunity to shape global product strategy while ensuring flawless execution in the market, making a tangible impact on our business and customers.

At Danfoss, you’re not just managing products; you are building the solutions that power a more sustainable and efficient future. This is your chance to own, innovate, and lead in a dynamic, global environment.

What You’ll Be Doing

• You will own the global product strategy for your assigned product lines, creating the roadmap and business cases that drive innovation and long-term growth.
• You will champion new product development, from gathering customer insights and defining requirements to leading cross‑functional teams to successfully launch new solutions.
• You will act as the crucial “voice of the region,” ensuring local market needs and competitive insights directly inform our global portfolio strategy.
• You will manage the entire product lifecycle, making strategic decisions on pricing, product mix, and end‑of‑life to maximize profitability and market success.
• You will partner with local sales and business development teams to drive regional initiatives, including new product launches, promotions, and training to ensure our success in the market.

What We’re Looking For

• A degree in Business, Marketing, or Engineering, combined with 5+ years of experience in product development, marketing or sales.
• A strategic and customer‑focused mindset, with proven experience leading global or cross‑functional teams and communicating complex ideas effectively.
• Strong technical acumen with a solid understanding of hydraulic, electric/electronic, or mechanical systems and their applications is preferred.
• Ability to travel up to 20%.

What You’ll Get From Us

The range for this position is $100,000 to $140,000. The base salary range represents the low and high end of the range for this position. Actual salaries will vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of the total compensation package for employees.

• We promote from within and support your learning with mentoring, training, and access to global opportunities.
• You’ll have flexibility, autonomy, and support to do your best work while maintaining a healthy work‑life balance. Your well‑being matters to us.
• We strive to create an inclusive work environment where people of all backgrounds are respected, and valued for who they are.
• You’ll receive benefits like 13th salary, annual bonus, paid vacation, pension plans, personal insurance, and more. These vary by country and contract, but they’re worth asking about—they’re pretty great.

Ready to Make a Difference?

If you are ready to take on a high‑impact role where you can shape the future of our products and drive our business forward, we want to hear from you.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or other protected category.