
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the LifeThis position has the responsibility to provide and manage internal and external legal resources for complex business development-related transactions, including acquisitions, divestitures, joint ventures, minority investments, fund formation, non-M&A business development programs and arrangements and other complex transactions. Support the Senior Legal Director, M&A and Business Development, the Medtronic Corporate Development function, Operating Units and Regional Business Units to timely and effectively structure and complete Medtronic business acquisitions, sales, joint ventures, minority investments, fund formation and other complex business development-related transactions. Mentor, train and supervise junior members of Business Development Legal COE team as well as members of the Corporate Development and Business Development organization in connection with transactional work and other function-specific projects.We seek out and hire a diverse workforce at every level: We need fresh ideas and inclusive insights to continue to be an innovative industry leader —that is why we make it a point to seek out, attract and develop employees who are patient-centric, passionate, and who represent the same wide variety of life experiences as our patients.
At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.
This position will reside at our Operational Headquarters in Fridley, MN.
Responsibilities may include the following and other duties may be assigned.
- Serve as lead transaction counsel on Strategic Transactions and other non-M&A business development-related transactions and supervise and direct outside counsel in connection with same. Primary drafting/negotiating responsibility; integral in strategy and structuring of transactions.
- Provide legal advice, counsel and service to Corporate Development and Operating Unit/Function/Regional business development teams concerning legal and business rights, obligations, and risks in connection with business development activities of Medtronic.
- Develop with transaction team and assist in negotiating best deal structure for Medtronic.
- Manage legal due diligence efforts for deals and assure that key findings are known and addressed.
- Manage antitrust approval efforts in connection with Strategic Transactions.
- Assure top quality legal agreements governing Medtronic’s complex transactions.
- Assure that deal timetables are met.
- Mentor, train and supervise junior members of the Business Development Legal COE team.
- Mentor and train Corporate Development associates in the mechanics of structuring and completing deals.
- Develop, review, and implement functionally specific training programs for the Corporate Development team, Operating Unit/Regional Business Development teams and Corporate and other shared services functions that support business development activities.
- Perform duties in compliance with environmental, health and safety related site rules, policies, or governmental regulations.
- All other duties as assigned.
MUST HAVE: MINIMUM REQUIREMENTS
- Juris doctorate from a nationally recognized American law school
- Licensed to practice law and in good standing under the Bar of at least one American state
- 13+ years of experience in M&A minority investment transactions
NICE TO HAVE
- Strong working knowledge in diverse legal fields, including corporate, mergers and acquisitions, complex commercial transactions, securities, tax, antitrust, and exposure to related international law.
- Extensive experience with M&A and minority investments transactions.
- Exceptional ability to draft and negotiate complex agreements.
- Understanding of financial statements and business projections.
- Ability to manage numerous complex projects.
- Strong communication skills, including the ability to convey complex legal and transactional concepts/issues clearly and succinctly.
- Business and solution-oriented mindset, including the ability to make sound recommendations.
- Integrity and strong ethical center.
- Strategic thinking, proactive mindset, and “can-do” attitude.
- 10+ years of experience at top law firm.
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.
Benefits & CompensationMedtronic 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.
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
About MedtronicWe lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here.
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.
- $220,800 - $331,200