Market Risk Manager Jobs in Minneapolis, MN (NOW HIRING)

We anticipate the application window for this opening will close on - 7 Aug 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.

A Day in the LifeAcross our global Neuroscience organization, we advance care for some of medicine's most complex neurological and spinal conditions. By combining innovative technology, data-driven insights, and deep clinical expertise, we partner with physicians and health systems to improve how patients are treated and supported throughout their care journey.

Neuroscience organization provides advanced therapies for chronic pain, movement disorders, and other neurological conditions. Through spinal cord stimulation, deep brain stimulation, and targeted drug delivery systems, we deliver personalized treatments that restore function, reduce symptoms, and improve quality of life worldwide.

This position is not eligible forimmigrationsponsorship. Applicants must be authorized to work in the country of employment without sponsorship.

As a Senior Reliability Engineer, you will play a critical role in ensuring the continued safety, reliability, and performance of our market-released medical devices. You will serve as a technical leader responsible for evaluating real-world product performance, identifying emerging risks, and driving continuous product improvements across hardware, firmware, and software systems.

Working closely with engineering, manufacturing, medical safety, regulatory, and quality teams, you will transform field data into actionable insights that influence product enhancements, strengthen risk management strategies, and reinforce the trust that patients and clinicians place in our therapies every day.

Responsibilities may include the following and other duties may be assigned.

• Lead technical evaluations of field-observed product performance, performing risk assessments aligned with product risk management files and existing mitigations.

• Analyze complaint data, software performance, hardware reliability, labeling considerations, and product trends to identify opportunities for improvement.

• Partner with Medical Safety to assess potential patient harm, estimate occurrence probabilities, and evaluate overall product risk.

• Evaluate the reliability and risk impact of design, manufacturing, supplier, and software changes for commercially released products.

• Serve as the technical representative for post-market quality processes, including Corrective and Preventive Actions (CAPA).

• Collaborate cross-functionally with R&D, Manufacturing, Quality, Regulatory Affairs, and Medical Safety to investigate field issues and implement effective solutions.

• Develop data-driven recommendations that improve product reliability, patient safety, and long-term product performance.

• Support post-market risk evaluations and decision-making related to containment actions, product corrections, field actions, recalls, and labeling updates when necessary.

• Help shape and continuously improve post-market reliability strategies, processes, and risk management practices.

Location: Rice Creek/Fridley, MN

Onsite: At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. We're working onsite 4 days a week to drive performance, foster an environment of belonging, and collaborate to inspire as we engineer the extraordinary.This role will require <10% of travel to enhance collaboration and ensure successful completion of projects.

Required Knowledge and Experience:

• Requires a Baccalaureate degreeand minimum of 4 years of relevant experience,

• OR Master's degree with a minimum of 2 years of relevant experience,

• OR PhD with 0 years of relevant experience

Nice-to-Have:

• Experience supporting post-market quality, reliability engineering, or product performance for regulated medical devices.

• Knowledge of medical device risk management methodologies, including ISO 14971.

• Experience investigating product complaints, field issues, and CAPA activities.

• Strong analytical skills with experience using statistical methods to evaluate product reliability and performance trends.

• Experience partnering with manufacturing, operations, supplier quality, or design engineering teams to implement product improvements.

• Ability to interpret hardware, firmware, and software performance data to support technical investigations.

• Experience authoring technical reports, engineering assessments, and documentation within a regulated environment.

• Strong cross-functional collaboration, communication, and technical influence skills.

• Demonstrated ability to make sound engineering decisions using data, risk analysis, and customer feedback.

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.

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.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Recruitment Fraud Alert

We are aware of phishing scams targeting job seekers. Please keep the following in mind:

Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses.

Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.

If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.

If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at AskHR@medtronic.com.

Benefits & Compensation

Medtronic 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.

Salary ranges for U.S (excl. PR) locations (USD):$107,200.00 - $160,800.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

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, andSimple 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), andCapital 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

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 findhere 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.