What are the responsibilities and job description for the Sr Manager, Strategy and Business Development position at Masimo Wearables?
Job Summary
JOB DESCRIPTION
Masimo is seeking a highly analytical, results-oriented leader to join its Strategy & Business Development team. The Senior Manager will play a critical role in shaping Masimo’s long-term growth strategy and driving execution across key strategic priorities, including new market expansion, enterprise strategy development, M&A, and strategic partnerships.
This individual will work closely with executive leadership and cross-functional stakeholders to evaluate complex opportunities, develop data-driven insights, and translate them into actionable strategic initiatives. The role offers significant exposure to senior leadership and requires a strong combination of financial acumen, strategic thinking, and deep understanding of the MedTech landscape.
Duties & Responsibilities
Strategy Development
Minimum & Preferred Qualifications and Experience:
The anticipated salary range for this position is $175,000 - $205,000 plus benefits. Actual placement within the range is dependent on multiple factors, including but not limited to skills, education, and experience.
This position also qualifies for up to 10% annual bonus based on Company, department, and individual performance.
Masimo offers benefits such as Medical, Dental, Vision, Life/AD&D, Disability Insurance, 401(k), Vacation, Sick, Holiday, Paid Maternity Leave, Flexible Spending Accounts, Voluntary Accident, Critical Illness, Hospital, Long-Term Care, Employee Assistance Program, Pet Insurance, On-site wellness clinic, fitness center, and cafe. All benefits are subject to eligibility requirements.
Physical Requirements/Work Environment
This position primarily works in an office environment. It requires frequent sitting, standing and walking. Daily use of a computer and other computing and digital devices is required. May stand for extended periods when facilitating meetings or walking in the facilities. Domestic and International travel required.
The physical demands of the position described herein are essential functions of the job and employees must be able to successfully perform these tasks for extended periods. Reasonable accommodations may be made for those individuals with real or perceived disabilities to perform the essential functions of the job described.
About Us
For over thirty years, Masimo has been expanding the boundaries of noninvasive monitoring to improve patient outcomes and reduce the cost of care. Today, Masimo delivers a portfolio of hospital-trusted monitoring solutions to help increase patient safety, health, and wellness in the hospital and at home. When you join our team, you’ll be part of a culture that’s driven by passion, challenging the status quo, and making an impact in the lives of others.
Masimo is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state or local law.
JOB DESCRIPTION
Masimo is seeking a highly analytical, results-oriented leader to join its Strategy & Business Development team. The Senior Manager will play a critical role in shaping Masimo’s long-term growth strategy and driving execution across key strategic priorities, including new market expansion, enterprise strategy development, M&A, and strategic partnerships.
This individual will work closely with executive leadership and cross-functional stakeholders to evaluate complex opportunities, develop data-driven insights, and translate them into actionable strategic initiatives. The role offers significant exposure to senior leadership and requires a strong combination of financial acumen, strategic thinking, and deep understanding of the MedTech landscape.
Duties & Responsibilities
Strategy Development
- Support development of Masimo’s enterprise and business unit strategies across core monitoring and adjacent markets
- Conduct market landscaping, competitive intelligence, and white space analysis
- Lead annual strategic planning process to define 5-7 year strategic roadmap across portfolio and geographies
- Develop robust market models (TAM/SAM/SOM) and scenario-based forecasts for new opportunities
- Serve as a thought partner to business leaders on high-priority, consulting-style strategic projects
- Support executive decision-making through development of clear, data-driven materials for senior leadership
- Lead end-to-end deal processes including sourcing, evaluation, diligence, and execution
- Build and maintain a pipeline of strategic targets aligned with Masimo’s innovation roadmap
- Develop financial models (DCF, IRR, accretion/dilution) and strategic rationale for transactions
- Partner with cross-functional deal teams to assess deal risks and synergies
- Manage a portfolio of active partnerships, continuously evaluating strategic relevance and financial performance
- Structure and operationalize partnerships including licensing, co-development, distribution, and strategic investments
- Own and drive cross-functional strategic initiatives tied to Masimo’s highest-priority growth areas
Minimum & Preferred Qualifications and Experience:
- 6–10 years of experience in strategy, business development, investment banking, private equity, or management consulting
- Strong financial modeling and valuation experience (DCF, comparables, IRR/ROIC analysis)
- Demonstrated experience leading or supporting M&A transactions or strategic partnerships
- Excellent problem-solving, analytical, and communication skills
- Ability to operate in a fast-paced, high-ambiguity environment
- Experience in Healthcare, Pharmaceuticals, or MedTech industries.
- Bachelor's degree in Business, Finance, or related field.
- MBA or advanced degree preferred.
The anticipated salary range for this position is $175,000 - $205,000 plus benefits. Actual placement within the range is dependent on multiple factors, including but not limited to skills, education, and experience.
This position also qualifies for up to 10% annual bonus based on Company, department, and individual performance.
Masimo offers benefits such as Medical, Dental, Vision, Life/AD&D, Disability Insurance, 401(k), Vacation, Sick, Holiday, Paid Maternity Leave, Flexible Spending Accounts, Voluntary Accident, Critical Illness, Hospital, Long-Term Care, Employee Assistance Program, Pet Insurance, On-site wellness clinic, fitness center, and cafe. All benefits are subject to eligibility requirements.
Physical Requirements/Work Environment
This position primarily works in an office environment. It requires frequent sitting, standing and walking. Daily use of a computer and other computing and digital devices is required. May stand for extended periods when facilitating meetings or walking in the facilities. Domestic and International travel required.
The physical demands of the position described herein are essential functions of the job and employees must be able to successfully perform these tasks for extended periods. Reasonable accommodations may be made for those individuals with real or perceived disabilities to perform the essential functions of the job described.
About Us
For over thirty years, Masimo has been expanding the boundaries of noninvasive monitoring to improve patient outcomes and reduce the cost of care. Today, Masimo delivers a portfolio of hospital-trusted monitoring solutions to help increase patient safety, health, and wellness in the hospital and at home. When you join our team, you’ll be part of a culture that’s driven by passion, challenging the status quo, and making an impact in the lives of others.
Masimo is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state or local law.
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