Director Medical Surgical Business Development & Strategy at Solventum in Maplewood, Minnesota

Job Description:

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Director, Medical Surgical Business Development & Strategy (Solventum)

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You'll Make in this Role

As Director, Medical Surgical Business Development & Strategy you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

• Lead strategic and annual operating plan processes, including strategy formulation for the largest business in Solventum, executive level communication, and driving execution


• Lead portfolio management effort, including monitoring market and competitive intelligence and partnering with global business teams to identify inorganic growth opportunities while maximizing organic activities


• Develop rigorous, fact-based, quantitative analysis to support recommendations; ensure strategic and financial soundness and alignment for any recommendations provided


• Partner across functions to support business growth through ongoing business rhythms such as quarterly business reviews, commercialization reviews, etc.


• Support execution of Enterprise initiatives in collaboration with Corporate Strategy and Corporate FP&A

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor's Degree or higher AND 10 years of combined experience in strategy, business development, and/or marketing in a private, public, government or military environment

• High School Diploma/GED from AND 14 years of combined experience in strategy, business development, and/or marketing in a private, public, government or military environment

In addition to the above requirements, the following are also required:

• Five (5) years of experience in healthcare, MedTech, pharmaceutical, and/or life science industries in a private, public, government, or military environment

Additional qualifications that could help you succeed even further in this role include:

• Master's degree in Business Administration from an accredited institution


• Five (5) years of combined experience of deal related activity in M&A, corporate ventures, and or strategic partnerships in a private, public, government or military environment


• Superior analytical and problem-solving skills, including solid understanding of financial and statistical analysis


• Hypothesis-driven, problem-solving orientation with ability to leverage both quantitative and qualitative analysis to drive decision making


• Ability to synthesize structured and unstructured data into a narrative and insights


• Action-oriented and able to manage multiple workstreams to drive execution and results

Work location:

• Remote

Travel: May include up to 20%(domestic/international)

Relocation Assistance: May be authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

Solventum offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.

Applicable to US Applicants Only:The expected compensation range for this position is $222,044 - $271,387, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate's relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

Solventum Global Terms of Use and Privacy Statement

Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms.

Please access the linked document by clicking here , select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
terms.