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Senior Portfolio Manager - Hybrid

Stryker
Posted 2 months ago, valid for 9 days
Location

Fremont, CA, US

Salary

$102,600 - $222,300 per year

Contract type

Full Time

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Sonic Summary

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  • We are looking for a Senior Portfolio Manager to join the Neurovascular Upstream Marketing team in Fremont, CA, with a hybrid work model.
  • The position requires a Bachelor's degree and a minimum of 6 years of relevant work experience, while an MBA and experience in medical devices or upstream marketing are preferred.
  • Key responsibilities include gathering competitive insights, collaborating on new product development, and developing pricing strategies aligned with marketing objectives.
  • The salary range for this role varies from $102,600 to $222,300 annually, depending on experience and qualifications.
  • The role also includes a travel requirement of 30%.
Work Flexibility: Hybrid

We are seeking a Senior Portfolio Manager to support the Neurovascular Upstream Marketing team.

This role is hybrid in Fremont, CA.

What you will do:
• Gather and collate competitive information to drive insights
• Anticipate the needs of customers and patients and create a superior value proposition
• Obtain insights by leveraging key opinion leaders
• Understand customers and optimizes value proposition
• Analyze the validity and reliability of market research results. Understand statistical significance and basic hypothesis testing.
• Effectively use and interpret qualitative and quantitative research
• Utilize market research and third-party data to identify key industry trends
• Collaborate cross-departmentally to lead the new product development (NPDP) process
• Understand new product development process and its effect on the business
• Build financial business case model to support new product development funding and product return on investment
• Responsible for delivering the business objective, marketing objective and leading the discovery process for the pre-commercialization plan
• Leverage core competencies and the strategic assets of the organization to maximize new product development and launch planning
• Partner with Clinical Affairs to propose research objectives for evidence generation (Clinical studies, research papers, etc.)
• Partner with Product Marketing to develop a publication and messaging strategy that aligns with clinical evidence
• Understand the costs of acquiring new customers vs. retaining current customers
• Understand how to target customers based off of total market potential and opportunity
• Understand potential sources of new volume within current customer segment or outside of the current segment and the financial tradeoffs for pursuing each
• Lead the development of sales tools and channel communication.
• Understand and predict sales trends in the market
• Research key factors, measurements and variables used in forecasting
• Execute a product lifecycle management (PLCM) plan as it relates to the overall business and launch strategy
• Develop contingency plans in the event of a supply chain interruption
• Create and communicate a value proposition
• Develop pricing consistent with the Marketing Strategy and brand positioning
• Develop new marketing channels and tools
• Define performance criteria used for evaluating business trends and activities

What you will need:

Required:
• Bachelor’s degree required
• 6+ years of work experience required

Preferred:
• MBA preferred
• 3+ years medical device or marketing experience preferred
• Upstream marketing experience preferred
• Excellent presentation and interpersonal communications skills preferred

  

 

United States of America Pay Ranges:

  • USN: $102,600 - $171,000 USD Annual
  • US5: $107,700 - $179,600 USD Annual
  • US10: $112,900 - $188,100 USD Annual
  • US15: $118,000 - $196,600 USD Annual
  • US20: $123,100 - $205,200 USD Annual
  • US30: $133,400 - $222,300 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.


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