Principal R&D Engineer

Medtronic

Hybrid

Quick summary

Work type
Hybrid
Location
Brooklyn Park, MN
Salary
$131,200–$196,800 / yr
Posted
1 day ago
Closes
Jun 23, 2026

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $192k
This role $164k
$119k most similar roles pay here $244k

This role pays less than 68% of similar roles. Most pay $151,164–$232,000 — the shaded band above. At the midpoint, this role pays about $164k versus about $192k for comparable roles.

Based on 240 similar postings.

Employer

About Medtronic

Medtronic plc is the world's largest medical technology company by revenue, specializing in device-based therapies for over 70 health conditions.

Medtronic currently has 56 open roles on FindRole.

Listed pay typically runs $124,800–$187,200 across 55 roles with salary data.

Most-posted roles

View all roles at Medtronic

At a glance

TL;DR · Principal R&D Engineer

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The Principal R&D Engineer role at Medtronic CardioVascular Surgery involves leading multi-disciplinary engineering teams to develop advanced medical devices, focusing on cardiac surgery, aortic disease management, and mechanical circulatory support. Day-to-day responsibilities include driving new technology creation, managing project timelines with Predictable Product Development tools, and ensuring compliance with industry standards such as IEC 60601 and UL. The ideal candidate will have extensive experience in designing complex electro-mechanical systems and a background in software development, along with strong risk management skills and the ability to collaborate across functions. This role requires a Bachelor’s degree plus at least seven years of relevant experience or an advanced degree with five years of experience, emphasizing leadership in multi-disciplinary teams within a fast-paced R&D environment.

Skills

Predictable Product Development DRM tools Risk Control Measures IEC 60601 IEC 62304 IEC 62366 UL ANSI ASTM standards project management tools ProChain Stormboard Python MATLAB SolidWorks CAD software PLM systems JIRA Confluence Git CI/CD

What you'll do

  • Drive R&D teams to meet technical goals and adjust strategies as needed.
  • Lead complex system development, ensuring compliance with mechanical, electrical, software requirements.
  • Use Predictable Product Development tools to achieve project objectives efficiently.
  • Manage cross-functional teams for the technical aspects of new product development.
  • Oversee operational aspects of development engineering, serving as a liaison between management and teams.
  • Develop mechanisms to monitor progress and intervene in problem-solving with stakeholders.

What we're looking for

  • Minimum 7 years of relevant experience or advanced degree with at least 5 years in engineering.
  • Demonstrated leadership in multi-disciplinary teams for complex, software-based electro-mechanical systems.
  • Experience driving R&D projects from initiation to launch, meeting cost and time goals.
  • Strong risk management skills and ability to use Predictable Product Development tools effectively.
  • Expertise in gathering requirements and managing project budgets and schedules.
  • Familiarity with medical device standards such as IEC 60601, IEC 62304, and EU MDR.
  • Ability to lead engineering solutions-based discussions and make rapid directional decisions.

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