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Sr. Risk Management Specialist

We anticipate the application window for this opening will close on - 5 Jun 2025


 

Position Description:

Sr. Risk Management Specialist for Medtronic, Inc located in Fridley, MN. Responsible for ensuring the safety of finished medical devices throughout the product lifecycle. Engage a cross-functional group to identify, evaluate, control, and prevent failures that can result in hazards when people use medical devices. Evaluates the product and system design to identify risk control mitigations to reduce failure occurrence. Utilize computer and software packages to include MS Office Suite, MS Project, and Minitab. Perform Risk Mgmt. Deliverables to include Use, Design and Process Failure Mode Effects Analysis (FMEA) and Product Hazard Analysis. Support design control deliverables to include Product Performance Specifications, Design Verification, Design Validation, Design Transfer, and Usability and Human Factor Engineering; approve product drawings/prints; provide support for Variable and Attribute Test Method Development and Validation. Provide support for Complaint and Product Failure Investigations, pre and post market root cause analysis, Corrective and Preventive Actions (CAPA) and Product Non-Conformances. Navigate government and quality regulations to include FDA 21 CFR part 820 requirements and ISO 13485, ISO 14971, European Union (EU) Medical Device Regulation (MDR), and State of the Art (SOTA). Apply probability concepts towards occurrence rate calculations in Product Hazard Analysis. *Multiple positions available. **Eligible for telecommuting from home within reasonable commuting distance from Fridley, MN. Will require physical presence at worksite in Fridley, MN at least several days a week. ***Employer will accept any suitable combination of education, training or experience. Relocation assistance is not available for this position.  #LI-DNI

Basic Qualifications:

Master's degree in Mechanical, Industrial or related Engineering field, or Industrial Studies. Requires three (3) years of experience as a Reliability or Quality Engineer. Experience must include three (3) years of post-Bachelor's progressive experience in all of the following: Risk Mgmt. Deliverables including Use, Design and Process FMEA, and Product Hazard Analysis; Design Control Deliverables to include Product Performance Specifications, Design Verification, Design Validation, and Design Transfer, and Usability and Human Factor Engineering; Complaint and Product Failure Investigations, pre and post market root cause analysis, CAPA, and Product Non- Conformances; FDA 21 CFR 820, ISO 13485, and ISO 14971 European Union (EU) Medical Device Regulation (MDR), and State of the Art (SOTA); Application of statistics for risk estimation.

Alternate Qualifications:

Bachelor's degree in Mechanical, Industrial or related Engineering field, or Industrial Studies. Requires five (5) years of post-Bachelor's progressive experience as a Reliability or Quality Engineer. Experience must include five (5) years of post-Bachelor's progressive experience in all of the following:  Risk Mgmt. Deliverables including Use, Design and Process FMEA, and Product Hazard Analysis; Design Control Deliverables to include Product Performance Specifications, Design Verification, Design Validation, and Design Transfer, and Usability and Human Factor Engineering; Complaint and Product Failure Investigations, pre and post market root cause analysis, CAPA, and Product Non-Conformances; FDA 21 CFR 820, ISO 13485, and ISO 14971 European Union (EU) Medical Device Regulation (MDR), and State of the Art (SOTA); Application of statistics for risk estimation.

Position reports to Medtronic, Inc. 7000 Central Ave NE, Fridley, MN 55432

Salary: $120,200.00 to $152,400.00 per year

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, and Simple 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), and Capital 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

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https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic

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Average salary estimate

$136300 / YEARLY (est.)
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$120200K
$152400K

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What You Should Know About Sr. Risk Management Specialist, Medtronic

If you're ready to take your career to the next level as a Sr. Risk Management Specialist at Medtronic, Inc. in Fridley, Minnesota, we want to hear from you! You'll be at the forefront of ensuring the safety of our medical devices throughout their lifecycle. In this role, you're not just identifying risks but actively engaging with a diverse team to evaluate, control, and prevent potential hazards that could arise during the use of medical devices. Your expertise will shine as you evaluate product and system designs while applying risk control mitigations to minimize failure occurrences. You'll be utilizing tools like Microsoft Office Suite, MS Project, and Minitab in your daily tasks. Your ability to perform thorough risk management deliverables—such as conducting Failure Mode Effects Analysis (FMEA) and Product Hazard Analysis—will be critical in supporting design control processes, covering everything from Product Performance Specifications to Design Validation. You'll also dive deep into investigations surrounding complaints and product failures, using your strong analytical skills for root cause analysis and strategic CAPA development. Familiarity with FDA and ISO regulations is essential as you'll navigate these standards to ensure compliance at all stages. This position also offers flexibility, as we welcome telecommuters who can work within a reasonable distance from our Fridley site. With a competitive salary range of $120,200 to $152,400 per year and a comprehensive benefits package, you'll be well-supported in your journey with Medtronic. Join us, and make a difference in healthcare by ensuring our medical devices are safe for patients worldwide!

Frequently Asked Questions (FAQs) for Sr. Risk Management Specialist Role at Medtronic
What are the main responsibilities of a Sr. Risk Management Specialist at Medtronic?

As a Sr. Risk Management Specialist at Medtronic, you will be responsible for ensuring the safety and efficacy of medical devices throughout their lifecycle. This includes engaging with cross-functional teams to identify, evaluate, and mitigate risks associated with product designs. You will conduct critical analyses such as Failure Mode Effects Analysis (FMEA) and Product Hazard Analysis while overseeing design control deliverables, ensuring compliance with FDA regulations, and supporting investigations related to complaints and product failures.

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What qualifications are required for the Sr. Risk Management Specialist position at Medtronic?

To be considered for the Sr. Risk Management Specialist role at Medtronic, candidates must possess a Master's degree in Mechanical, Industrial, or a related engineering field, or have equivalent experience with at least three years in reliability or quality engineering. Alternatively, a Bachelor's degree with five years of relevant experience is also acceptable. Applicants should have a strong grasp of risk management deliverables, design control processes, and FDA and ISO regulatory compliance.

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What software skills are expected for a Sr. Risk Management Specialist at Medtronic?

Medtronic expects a Sr. Risk Management Specialist to be proficient in using computer and software packages, including the Microsoft Office Suite, MS Project, and Minitab. These tools are essential for effectively analyzing data, producing reports, and managing project timelines as part of your role in ensuring the safety and compliance of medical devices.

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How does Medtronic support career growth for Sr. Risk Management Specialists?

At Medtronic, we value continuous development and invest in the career growth of our employees. As a Sr. Risk Management Specialist, you will have access to various training programs, mentorship opportunities, and tuition assistance for further education. These resources aim to help you enhance your skills and advance your career within the organization while making meaningful contributions to healthcare.

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Is the Sr. Risk Management Specialist position at Medtronic flexible regarding remote work?

Yes, the Sr. Risk Management Specialist role at Medtronic allows for telecommuting from home, provided that you reside within a reasonable commuting distance to Fridley, MN. While this position offers flexibility, you will need to be physically present at the worksite several days a week to collaborate with your team and perform certain tasks effectively.

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Common Interview Questions for Sr. Risk Management Specialist
Can you describe your experience with Failure Mode Effects Analysis (FMEA) in your previous roles?

When answering this question, highlight specific projects where you conducted FMEA, detailing your methodology and the team collaboration involved. Emphasize how your efforts contributed to risk reduction and product safety.

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What knowledge do you have regarding FDA regulations and ISO standards relevant to medical devices?

Discuss your familiarity with FDA 21 CFR part 820, ISO 13485, and ISO 14971 in relation to medical devices. Mention how you have applied these standards in your past experiences to ensure compliance and uphold quality.

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How do you approach complaint and product failure investigations?

Your response should demonstrate a structured approach, detailing steps such as data collection, root cause analysis, and the methodology for developing corrective and preventive actions (CAPA). Provide examples from your experience that showcase your skills.

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Could you explain the importance of Human Factors Engineering in product design?

Discuss the role of Human Factors Engineering in ensuring that products are user-friendly and meet the needs of end-users. Provide examples of how you’ve integrated user insights into product designs to enhance safety and usability.

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Tell us about a time when you had to navigate complex regulations in your work.

Describe a specific instance where your understanding of regulations, such as FDA or ISO standards, was crucial in a project. Highlight your problem-solving skills and how you managed compliance while meeting project deadlines.

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In your opinion, what are the critical elements of an effective risk management plan?

Share your perspective on essential elements such as risk identification, assessment, control measures, communication, and continuous monitoring. Use experiences or projects where these elements played a key role in your risk management efforts.

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How do you stay updated with changes in regulations and industry standards?

Emphasize your commitment to continuous learning by discussing how you access resources like industry journals, webinars, and professional associations. Share specific examples of how staying informed has positively impacted your work.

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What statistical methods do you find beneficial in risk estimation?

Discuss statistical tools or methods, such as probability distributions or data analysis techniques, that you have used in assessing risk levels in your projects. Provide context on how these methods helped in decision-making.

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How do you prioritize risk issues when working on multiple projects?

Explain your strategy for prioritizing risk issues, such as assessing the severity and likelihood of risks. Share methods you employ to balance multiple priorities effectively and meet deadlines while ensuring quality.

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Why do you want to work as a Sr. Risk Management Specialist at Medtronic?

Articulate your passion for improving patient safety through technology and innovation. Connect your career goals with Medtronic’s mission and values, emphasizing your eagerness to contribute to meaningful healthcare advancements.

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DATE POSTED
April 1, 2025

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