Product Engineering Manager; IST, North Reading, MA

Opportunity Overview

We are seeking a Product Engineering Manager (PEM) to lead cross‑functional engineering teams through the full product lifecycle — from concept to launch — while connecting technical execution with business strategy. This role is critical in ensuring our products meet customer needs, market demands, and Teradyne’s innovation standards.

• Lead products from concept through launch, ensuring technical feasibility and alignment with business goals.
• Collaborate closely with Product Marketing Management, Design, Manufacturing, and Marketing to ensure project success.
• Drive project execution, including scheduling, resource planning, budgeting, and quality oversight.
• Make strategic technical decisions and guide innovation across engineering functions.
• Communicate effectively with stakeholders, including non‑technical partners, customers, and leadership.
• Define product vision, strategy, and roadmap aligned to business objectives.
• Translate customer and market needs into technical requirements and specifications.
• Oversee development to ensure alignment with product strategy and quality standards.
• Prioritize backlogs and technical initiatives using data‑informed decision‑making.
• Identify and mitigate technical risks throughout the lifecycle.
• Define and analyze KPIs related to product success, reliability, and performance.
• Lead, mentor, and develop engineering teams while promoting best practices.

We seek individuals who share our passion for innovation, collaboration, and delivering outstanding customer value. If you’re ready to join a team driving the future of Teradyne’s product portfolio, review the criteria below.

• BS in Mechanical, Electrical, Computer Engineering, or related field.
• MS or PhD preferred.
• 10+ years of product development experience operating at a senior engineering or leadership level within semiconductor equipment or complex electromechanical systems.
• Leading engineering teams through the full product lifecycle.
• Managing technical strategy, architecture, and cross‑disciplinary development.
• Strong technical fluency across relevant technology domains (e.g., hardware, software, thermal, mechanical, automation, FPGA).
• Data‑driven decision‑making, risk analysis, and KPI management.
• Translating market/customer needs into technical specifications.
• Managing schedules, budgets, and resources.
• Communicating complex technical concepts clearly to diverse audiences.
• Strong problem‑solving and analytical capabilities.
• Clear and confident communication.
• Ability to navigate ambiguity with professionalism and agility.
• Mentorship, coaching, and fostering inclusive collaboration.
• Influencing across organizational levels without direct authority.

• Experience with complex electromechanical system development.
• Experience developing semiconductor or high‑reliability systems.

This position is not eligible for relocation.

The base salary range for this role is $138,200 - $221,100. This range is a good faith estimate, and the amount of base salary will correspond with experience and skill set. This range can also fluctuate depending on demand and location.

Incentive Plan:
This job is eligible for discretionary bonus(es) based on financial performance.

Teradyne offers a variety of robust health and well‑being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more. Please  to see details.