Principal Corporate Development Associate

We anticipate the application window for this opening will close on - 1 Dec 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.

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. The role requires strong analytical, financial, and strategic thinking capabilities, as well as the ability to manage multiple concurrent projects in a dynamic, fast-paced environment.

The Principal Corporate Development Associate serves as a trusted advisor and representative of Medtronic in interactions with business leaders, functional partners, and external stakeholders.

• 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 counter parties 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.

• 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.

• Experience in corporate development, investment banking, management consulting, strategic planning, private equity, or venture capital.
• Advanced financial modeling and business valuation expertise.
• Experience supporting or leading M&A transactions, including due diligence, deal structuring, and negotiations.
• Medical device, healthcare, life sciences, or related industry experience.

For Baccalaureate degrees earned outside of the United States, a degree that…