Principal Corporate Development Associate
Medtronic
Summary
The Principal Corporate Development Associate plays a key role in advancing Medtronic's strategic growth initiatives through mergers and acquisitions (M&A), strategic alliances, joint ventures, minority investments, technology licensing, and divestitures. This individual partners closely with Corporate Development leadership and cross-functional teams to evaluate opportunities, execute transactions, and support strategic decision-making across the enterprise.
Job description
Key Responsibilities
- Lead and support strategic transactions, including acquisitions, partnerships, investments, joint ventures, licensing agreements, and divestitures.
- Assess project requirements and identify the appropriate cross-functional resources needed to support transaction execution.
- Conduct market, industry, competitor, and company analyses to evaluate strategic fit and growth opportunities.
- Identify potential opportunities, risks, synergies, and integration considerations associated with proposed transactions.
- Develop detailed financial models, valuation analyses, and business cases to support investment recommendations.
- Evaluate and recommend transaction structures in partnership with legal, tax, and finance stakeholders.
- Coordinate and manage due diligence activities across functional teams, including finance, legal, human resources, operations, quality, regulatory, R&D, and information technology.
- Serve as a primary point of contact for external parties, advisors, and internal stakeholders throughout the transaction process.
- Support and participate in negotiations with counterparties under the guidance of Corporate Development leadership.
- Develop executive-level presentations and recommendations for senior leadership and governance committees.
- Monitor emerging technologies, market trends, competitive dynamics, and organizations of strategic interest.
- Build and maintain a broad understanding of Medtronic's businesses, markets, and the medical technology landscape.
- Manage multiple active transactions simultaneously, balancing changing priorities and stakeholder needs.
Medtronic follows a flexible work model that includes a minimum of four days per week onsite.
Requirements
- Current enrollment in an MBA program (second year)
- Ability to begin full-time employment in July 2027 following graduation
- Minimum of 5 years full-time work experience
- Demonstrated experience conducting financial, strategic, and market analyses
- 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
Benefits
- Health, Dental & Vision Insurance
- Health Savings Account
- Healthcare Flexible Spending Account
- Life Insurance
- Long-term Disability Leave
- Dependent Daycare Spending Account
- Tuition Assistance
- Incentive Plans
- 401(k) Plan
- Short-term Disability
- Paid Time Off
- Paid Holidays
- Employee Stock Purchase Plan
- Employee Assistance Program
Company overview
Medtronic is a global healthcare technology leader and one of the world's largest medical device companies, founded in 1949 in Minneapolis, Minnesota. The company operates in over 150 countries and employs more than 90,000 people worldwide. Medtronic's mission is to alleviate pain, restore health, and extend life through innovative medical technologies. The company develops and manufactures devices and therapies to treat more than 70 health conditions, including cardiac devices, cranial and spine robotics, insulin pumps, surgical tools, patient monitoring systems, and more. With a rich history that began with the invention of the battery-powered pacemaker, Medtronic has grown into a diversified healthcare technology company with four main business units: Minimally Invasive Therapies Group, Diabetes Group, Restorative Therapies Group, and Cardiac and Vascular Group. The company's therapies help approximately 72 million people annually and represent a significant force in advancing medical technology to address some of humanity's most challenging health problems.