Sr. Upstream Product Manager - Structural Heart

Medtronic; Minneapolis (MN); On-site; USD 134,000 - 202,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) plan

Job summary

Medtronic is hiring a Sr Product Manager (principal product specialist) to lead upstream marketing for Transcatheter Heart Valve therapies within the Structural Heart team. You will translate clinical insights into market-ready requirements, partner with R&D, regulatory, and commercial teams, and shape the future product pipeline.

The role emphasizes market strategy, portfolio planning, and close physician collaboration, with travel up to 35%.

Qualifications

• Bachelor’s Degree required or equivalent.
• 7+ years in marketing, sales, strategy or engineering roles with 5+ years if Masters.
• Project management experience required.

Responsibilities

• Build deep therapy expertise across disease states and treatment pathways.
• Translate customer insights into product requirements and priorities.
• Collaborate with cross-functional teams to shape product concepts and strategic plans.
• Develop business plans, market models, and portfolio strategies.
• Communicate insights and recommendations to senior leaders and physicians.

Skills

Marketing experience

Sales experience

Strategy experience

Project management

Education

Bachelor’s Degree

MBA

Job description

We anticipate the application window for this opening will close on - 18 Sep 2026

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the Life

If you are inspired by transformative innovation and strive for outstanding results and collaboration, have a strong inner drive and excellent communication skills, join our team! Be a catalyst for growth and transformation in Transcatheter heart valve therapies and live the Medtronic Mission by alleviating pain, restoring health, and extending life, while acting with quality, integrity, and respect for employees, customers, and communities.

We are hiring a Sr Product Manager (principal product specialist) to join the fast-paced, high-visibility Structural Heart Upstream Marketing Team, focusing on the Transcatheter Aortic Valve Replacement (TAVR) pipeline and Transcatheter Pulmonic Valve (TPV) pipeline within Medtronic’s Structural Heart business. This role is designed for someone who wants to grow as an upstream product manager and be at the center of where clinical insight, technology strategy, business opportunity, and product development come together.

Structural Heart is one of Medtech’s most exciting therapy areas and one of Medtronic’s most important growth drivers. In this role, you will help define the direction of future products, why they matter clinically and commercially, and how cross-functional teams align to bring them forward to treat patients. The work is intellectually demanding, highly collaborative, and visible to senior stakeholders. Success in this role requires curiosity, analytical rigor, technical learning agility, business judgment, and the ability to influence stakeholders across R&D, clinical, regulatory, commercial, finance, and physician communities.

A Day in a Life

• Build deep therapy expertise across disease states, treatment pathways, physician workflows, current and emerging therapies, existing and future technologies, market trends, adoption barriers, and unmet clinical needs.
• Represent upstream marketing on product development teams, helping translate customer insight and business strategy into product requirements, program priorities, and trade-off decisions.
• Partner closely with R&D, clinical, regulatory, medical affairs, commercial, finance, and other key functions to shape differentiated products that are technically feasible, clinically meaningful, and commercially compelling.
• Collect, analyze, and synthesize Voice of Customer (VOC), Voice of Business (VOB), market research, competitive intelligence, and internal stakeholder input to identify where Medtronic can make unique and worthy contributions.
• Translate unmet needs into clear product requirements, value propositions, evidence needs, and business recommendations while negotiating priorities and trade-offs across technical, clinical, regulatory, and commercial objectives.
• Actively engage physician key opinion leaders (KOLs), current and potential customers, internal stakeholders, and third-party market research groups to identify strategic areas of focus and pressure-test product concepts.
• Develop business plans, market models, and opportunity assessments that evaluate new product concepts, pipeline investments, market potential, competitive differentiation, and strategic fit.
• Monitor emerging technologies, competitive moves, treatment trends, and external market developments to inform portfolio strategy and future innovation choices.
• Help define the future innovation and evidence pipeline and participate in strategic portfolio planning activities that influence long-term product and therapy direction.

Deliver clear, compelling presentations to internal business partners, senior leaders, and external physician experts to communicate insights, recommendations, and portfolio strategy.

Other Responsibilities

• Build trusted relationships with key opinion leaders, current and future customers, and internal experts by engaging deeply on clinical, scientific, technical, and market-related topics.
• Collaborate with cross-functional partners to move complex projects forward with speed, decisiveness, quality, and appropriate stakeholder alignment.
• Bring a product-manager mindset to ambiguity by framing problems, clarifying assumptions, identifying decision points, and creating practical paths forward.
• Identify and champion new approaches to business, technology, operations, and marketing challenges where better insight or stronger alignment can improve outcomes.
• Provide senior management and cross-functional partners with updates, reports, content, and presentations that clearly articulate priorities, risks, trade-offs, and recommendations.
• Manage a broad stakeholder environment where perspectives may differ, priorities may compete, and influence is often required without direct authority.

Must Have:

• Bachelor’s Degree
• 7+ years in a marketing, sales, strategy or engineering role (5+ years with Masters)
• Project management experience

Nice to Have:

• MBA or technical Master’s Degree.
• Upstream or strategic marketing experience, including innovation strategy, product pipeline development, evidence planning, and portfolio planning activities.
• Experience translating customer needs, clinical insights, and technical trade-offs into product requirements, business cases, or strategic recommendations.
• Strong experience interfacing with physician customers both individually and in group settings.
• Track record and passion for effectively partnering with cross-functional teams in a matrixed environment.
• Experience influencing stakeholders without direct authority, including situations with competing priorities or incomplete information.
• Strong business and strategic acumen
• Excellent communication and relationship skills
• Ability to thrive in ambiguity
• Able to travel up to 35%

Medical Device Or Other Healthcare Industry Experience.

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R.

• 214.2(h)(4)(iii)(A) is required.

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.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

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):$134,400.00 - $201,600.00

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

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

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.

If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.