Portfolio & Strategy Director, Coronary Therapies

Additional Locations: N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

About the role:
The Interventional Cardiology Therapies (ICTx) division at Boston Scientific is a market-leading, $2B+ business with a strong growth trajectory in the coming years. The Boston Scientific ICTx portfolio includes technologies to treat coronary artery disease and structural heart disease. The Coronary Therapies (CT) franchise within ICTx has a market-leading portfolio of percutaneous coronary intervention (PCI) tools which align with the physicians PCI workflow of See the vessel, Prepare the lesion, and Treat the disease. This includes IVUS imaging, physiology wires, cutting balloons, atherectomy systems, angioplasty balloons, drug-eluting stents (DES), drug delivery devices, interventional guide catheters and guidewires, and a broad tool kit of complex PCI products. In CT, we have continued to invest in the portfolio and have worked toward our strategic imperative of transforming into new market categories. It will be key for our future to develop a product pipeline into new spaces.

The director of Strategy and Portfolio will be responsible for definition of CT’s global product portfolio and execution of the portfolio plan. The director will lead the upstream marketing team and build a group of strategy product managers and analysts while owning the divisional strategic planning and portfolio assessment process in partnership with Program Management and R&D. This individual will also oversee work with divisional and corporate new business development (NBD) to fill technology and portfolio gaps through market analytics and competitive assessments. Other areas that this team will be responsible for are advisory boards, global market research, competitive intelligence, and key technology market modeling.

This leader will partner collaboratively with other marketing leaders, including the director of Commercial Marketing, the director of Product Marketing, the director of APAC commercial marketing, and Global Regional leaders, along with cross-functional leaders to ensure the future roadmap will maximize value creation.

This is a hybrid role to be based out of our Maple Grove, MN location.

Your responsibilities will include:

• Work closely with the appropriate cross-functional teams to develop a product cadence and portfolio to maximize the franchise growth potential in both near and long term while operating within the budget norms for the division.
• Make portfolio prioritization and tradeoff recommendations in an analytical but timely manner in line with the business priorities and evolving needs.
• Develop team and processes to identify and evaluate new business opportunities, including sizing market opportunities, assessing customer needs and competitive landscape, understanding technology, project execution, and commercial implications, and creating robust business case proposals with detailed financial models.
• Provide comprehensive reports on new business opportunities with clear conclusions and definitive recommendations for next steps.
• Exhibit professional maturity and help to foster an open, challenging, stimulating and positive environment that enables colleagues to be their best.
• Foster a diverse and inclusive workplace that enables high performance, enriches workplace culture, spurs innovation and strengthens relationships with colleagues, communities, and customers.
• Develop and manage a high performing team, successfully recruiting to the organization, providing direction, evaluating performance, assisting with career development, coaching, and mentoring.
• Establish relationships with key opinion leaders in the field; analyze and summarize feedback from key opinion leaders, current and potential customers, third party market research and internal stakeholders.
• Consider and coordinate portfolio needs across geographies to achieve franchise operating income goals.
• Monitor business indicators and industry trends to proactively address business issues or opportunities. Anticipate, monitor, and track competitive initiatives.
• Build Quality into all aspects of their work by maintaining compliance to all quality requirements.

Required qualifications:

• Bachelor’s degree focused on business, marketing, or finance.
• Minimum 12 years of relevant marketing experience such as pharmaceutical, healthcare, or medical device.
• Minimum 5 years leadership experience in portfolio management, upstream marketing, strategy, or new business development.
• Minimum 5 years of experience in functional management.
• Experience in development and implementation of a structured, practical, fact-based approach to valuation and business plans.
• Experience leading teams in complex financial modeling, including market, revenue, and investment models.
• Demonstrated ability to synthesize complex information, ideas, and strategies into a cohesive and succinct business strategy.
• Demonstrated ability to create compelling and engaging presentations that effectively communicate recommendations. Excellent communication skills (verbal and written) required.
• Experience working globally in a virtual & matrix organization, directly across multiple countries/regions, with proven ability to work within areas of cultural difference or consumer sensitivity.
• Ability to travel domestically and internationally, estimated 30% travel.

Preferred qualifications:

• MBA focused on business, marketing, or finance
• Experience related to interventional cardiology or structural heart market, ideally at the director level
• In-region international commercial experience
• Strong strategic skill set and proactive cross-functional team player with capability to communicate concisely at a senior management level and across business units
• Action oriented strategic thinker, with a natural ability to collaborate with a wide array of stakeholders
• Ability to engage and influence cross-functional colleagues, even without direct reporting relationships
• Executive presence and ability to influence across multiple levels
  

Requisition ID: 563171

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

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