Director, Product Management

Company Overview

Embark on an enriching journey with PROCEPT BioRobotics, where our vision, mission, and values guide everything we do as a company. We are committed to revolutionizing treatment for benign prostatic hyperplasia (BPH, otherwise known as prostate gland enlargement) through innovation in surgical robotics. As our company succeeds and grows, we improve the quality of life of patients, provide more effective treatment options for surgeons, uphold the trust of our shareholders. That starts with a commitment to our People with a focus on creating an evolving landscape for your career, brimming with transformative opportunities that provide continuous career growth opportunities.

The Opportunity That Awaits You:   

We're seeking a highly motivated and experienced Director, Product Management to lead and execute our product strategy, driving the development of our current and future product portfolio, including enhancements to the recently launched HYDROS Robotic System. This role is critical to our continued success and offers a unique opportunity to shape the future of PROCEPT and transform men’s health. The Director, Product Management will be responsible for defining, developing, and executing the product roadmap for our total product portfolio, encompassing capital equipment and disposable products. This role requires a strategic thinker with a proven track record of leading cross-functional teams, as well as building, mentoring, and scaling high-performing product management teams. The ideal candidate will possess a deep understanding of the surgical robotics market, strong technical acumen, and a passion for improving patient outcomes. Get ready to transform lives and shape the future of healthcare!

• Team Leadership & Development: This is a key leadership role, requiring a passion for developing talent. Lead, mentor, and coach a team of product managers, fostering a culture of innovation, collaboration, and high performance. This includes setting clear performance expectations, providing regular feedback, conducting performance reviews, and creating individualized development plans for each team member. Identify and address skill gaps within the team and proactively recruit top talent to scale the product organization as the company grows. Foster a positive and inclusive team environment where every member feels valued and empowered.
• Strategic Product Planning: Develop and maintain a comprehensive product vision, strategy, and roadmap aligned with the company’s overall business objectives. Conduct market research, competitive analysis, and customer needs assessments to identify opportunities and inform product decisions.
• Product Lifecycle Management: Oversee the entire product lifecycle from ideation and concept development through product launch and post-market surveillance. Prioritize product initiatives based on market needs, business impact, and resource constraints.
• Cross-Functional Collaboration: Collaborate effectively with engineering, marketing, sales, regulatory, and manufacturing to ensure seamless product development and commercialization. Build strong relationships with key stakeholders across the organization.
• Market Analysis & Competitive Intelligence: Stay abreast of market trends, competitive landscape, and emerging technologies in the surgical robotics field. Analyze market data and customer feedback to identify unmet needs and inform product strategy.
• Regulatory Compliance: Ensure all product development activities comply with relevant regulatory requirements (e.g., FDA, MDR). Work closely with the regulatory team to ensure timely submissions and approvals.
• Budget Management: Assist in managing the product management budget effectively, prioritizing investments, tracking spend, and maximizing ROI, incorporating input from product managers and other relevant stakeholders on resource allocation and potential cost efficiencies.
• Product Launch Preparation and Support: Co-develop and co-execute successful product launch plans, in partnership with additional marketing teams and the Global Learning and Development team. This includes value propositions, messaging, claims generation, limited launch plans, and training materials.
• Performance Monitoring: Define and track key performance indicators (KPIs) to measure product success and identify areas for improvement. Analyze product performance data and make data-driven decisions.

• Bachelor's degree in engineering, computer science, or a related field.
• 8+ years of product management experience in the medical device or medical technology industry. 
• 4+ years in a leadership role, leading product management teams and strategic planning. 
• Demonstrated ability to define and execute product strategies that drive commercial success. 
• Strong understanding of medical device regulatory and healthcare IT landscapes (FDA, MDR, cybersecurity, etc.). 
• Excellent communication, presentation, and interpersonal skills. 
• Ability to build and maintain strong relationships with cross-functional teams and external stakeholders. 
• Data-driven decision-making skills and experience using analytics to inform product strategy. 
• Experience working in a fast-paced, early-stage commercial environment is highly desirable. 
• A passion for improving patient care through innovative technology. 
• Ability to travel up to 30% of the time.
• Ability to be in the San Jose office a minimum of 3 days per week.

• Advanced degree (MBA or MS) 
• Previous experience with surgical robotics
• Familiarity with AI software development and testing concepts
• Experience with the use of Jama and Jira 
• SAAS, subscription, and other software business model experience

Compensation also includes a yearly 25% bonus and RSUs at offer signing.

Understanding PROCEPT's Culture

At PROCEPT, we believe every person matters. Every employee, every patient, every caregiver. Because we are here to create a revolution, and we believe in doing that by innovating everywhere with pathological optimism. We believe in being humble and highly engaged in the work we do, while also working together seamlessly for a common goal. At Procept, curiosity, ingenuity and conviction in the power technology will transform the lives of our patients and providers.

And this doesn’t happen by accident. It starts with our live induction program that serves as an incubator for cross-functional team building, an immersion in Procept’s history, jam-packed interactive sessions with executive leadership and a crash-course in the mission and purpose of what we do. It continues with our one-of-a-kind management program designed to build the best managers in the industry, where our people managers across functions come together to exchange ideas and grow, as both managers and learners, in an environment that challenges, supports and broadens.

We are fueled by the opportunity to give people their lives back. And we believe that it begins with YOU! At Procept, we push beyond just finding a work/life balance, we strive to find a work/life blend, a professional world that you are honored and impassioned to belong to, one that you can proudly share with your family, friends, and acquaintances.

An opportunity at PROCEPT BioRobotics won’t just be about finding a job. It will be an opportunity for you to join a community devoted to making a difference in this world!

BENEFITS OF WORKING AT PROCEPT! 

PROCEPT’s health and wellness benefits for employees are second to none in the industry. As an organization, one of our top priorities is to maintain the health and wellbeing of our employees and their families. We offer a comprehensive benefits package that includes full medical coverage, wellness programs, on-site gym, a 401(k) plan with employer match, short-term and long-term disability coverage, basic life insurance, wellbeing benefits, flexible or paid time off, paid parental leave, paid holidays, and many more!

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT

PROCEPT BioRobotics is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind on the basis of race, color, national origin, religion, gender, gender identity, sexual orientation, disability, genetic information, pregnancy, age, or any other protected status set forth in federal, state, or local laws. This policy applies to all employment practices within our organization.

PAY RANGE TRANSPARENCY

Procept is committed to fair and equitable compensation practices. The pay range(s) for this role is listed below and represents base salary range for non-commissionable roles or on-target earnings for commissionable roles. Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to job-related skills, depth of experience, relevant certifications and training, and specific work location. Based on the factors above, Procept utilizes the full width of the range. The total compensation package for this position may also include eligibility for annual performance bonus, equity, and the benefits listed above.

WORK ENVIRONMENT

We’ll provide you training for, and ask you to maintain trained status for, and comply with, all relevant aspects of the PROCEPT BioRobotics Quality Management System to ensure product and support regulatory compliance. We would also ask you to understand and adhere to the PROCEPT BioRobotics Quality & EHS policies.