VP of Portfolio Management – Med Device Startups | Cape Coral, FL

Are you a strategic leader with a passion for driving innovation and growth in the medical device industry? We are seeking a Vice President of Portfolio Management to lead the portfolio strategy for a rapidly growing Med Device startup in Cape Coral, FL. This is an exceptional opportunity to shape the future of the company, overseeing a diverse range of products and technologies in an evolving and competitive market. If you have a strong background in portfolio management, business development, and a track record of success in the medical device sector, we want to hear from you.

Lead Strategic Growth in Med Device Startups

A fast-growing Med Device startup in Cape Coral, FL is looking for a Vice President of Portfolio Management to manage and expand its diverse product portfolio. The ideal candidate will possess a deep understanding of portfolio strategy, lifecycle management, and product development in the medical device space. If you thrive in a high-growth environment, have exceptional leadership skills, and are committed to driving innovation and profitability, this is your chance to play a pivotal role in the company’s success.

Key Responsibilities of the Vice President of Portfolio Management – Med Device Startups

Portfolio Strategy & Management: Develop and implement a comprehensive portfolio strategy that aligns with the company’s long-term goals. Oversee the lifecycle of medical device products, ensuring optimal performance, market fit, and alignment with the company’s strategic objectives. Drive portfolio growth by identifying new product opportunities and optimizing existing product offerings.

Product Development & Innovation: Lead cross-functional teams in the development and launch of new medical devices. Foster a culture of innovation and continuous improvement, ensuring that products meet both market needs and regulatory standards. Collaborate with R&D, marketing, and regulatory teams to bring cutting-edge products to market.

Financial Performance & Resource Allocation: Oversee portfolio budgeting, pricing strategies, and capital allocation to maximize ROI. Work closely with finance teams to analyze product performance, adjust strategies, and drive profitability. Ensure effective resource utilization across the portfolio to meet financial and operational targets.

Market Analysis & Competitive Intelligence: Conduct market research and competitive analysis to identify emerging trends, unmet market needs, and growth opportunities. Stay ahead of industry developments, ensuring that the company’s portfolio remains competitive and relevant in a rapidly evolving medical device market.

Cross-Functional Collaboration: Work closely with sales, marketing, R&D, and manufacturing teams to ensure seamless execution of portfolio strategies. Foster strong communication and collaboration across departments to ensure products are developed, marketed, and delivered successfully to customers.

Regulatory Compliance & Risk Management: Ensure that all products within the portfolio comply with regulatory standards and quality assurance requirements. Develop and implement risk management strategies to mitigate product development and market risks, ensuring the highest safety and performance standards.

Stakeholder Communication & Reporting: Regularly report on portfolio performance to senior leadership, providing insights into product progress, market trends, and financial results. Build strong relationships with stakeholders and investors, keeping them informed of key developments and ensuring their support for strategic initiatives.

Team Leadership & Development: Lead a high-performing portfolio management team, providing mentorship, guidance, and opportunities for professional growth. Foster a collaborative and innovative work environment, ensuring team alignment with company goals and objectives.

Sustainability & Market Expansion: Drive initiatives to enhance the sustainability of products within the portfolio, aligning with industry trends toward eco-friendly practices. Identify opportunities to expand the company’s market presence, both domestically and internationally, by introducing new product categories and leveraging strategic partnerships.

What the Client is Looking for in You

As the Vice President of Portfolio Management for a Med Device startup, the client is seeking a visionary leader with a proven track record of managing diverse product portfolios in the medical device sector. The ideal candidate should be a strategic thinker who excels in driving portfolio growth, optimizing product development, and navigating the complexities of the healthcare and medical device markets. You must have the ability to deliver results, lead cross-functional teams, and ensure that the company’s portfolio meets both market demands and regulatory standards.

Proven Leadership in Medical Device Portfolio Management

The client is looking for an experienced executive with a strong background in managing medical device portfolios. You should have a proven track record of driving product development, optimizing portfolios, and delivering results in the healthcare space. Experience in scaling businesses, introducing innovative products, and navigating regulatory landscapes is highly valued. A solid understanding of market dynamics and the ability to drive growth through a well-managed portfolio are essential.

Strategic Vision for Portfolio Growth

As VP of Portfolio Management, you must be able to develop and implement a strategic vision that aligns with the company’s goals and market opportunities. The client seeks someone with experience in identifying high-growth opportunities within the medical device sector, optimizing product offerings, and ensuring that the portfolio remains competitive and relevant in an ever-evolving industry.

Strong Financial & Analytical Acumen

The client is looking for a leader with a keen financial mind who can manage budgets, optimize costs, and maximize return on investment across the product portfolio. You should be able to analyze product performance, assess market trends, and make data-driven decisions that contribute to the company’s financial success. A deep understanding of financial modeling, capital allocation, and profitability analysis will be crucial for this role.

Ability to Lead Cross-Functional Teams

Leadership is a critical component of this role, and the client is seeking a VP who can lead, inspire, and develop high-performing teams across various functions, including R&D, marketing, sales, and manufacturing. You should foster a culture of collaboration, innovation, and accountability while ensuring alignment across departments to achieve portfolio goals and deliver on key milestones.

Consumer-Centric Product Strategy

The ideal candidate will have a deep understanding of customer needs, industry trends, and competitive landscapes. The client is looking for someone who can leverage customer insights to shape product development, drive market penetration, and enhance customer satisfaction. Experience in developing customer-centric strategies and creating products that resonate with end-users will be essential.

Strong Stakeholder Management

The client seeks a leader who can effectively communicate and collaborate with key stakeholders, including investors, board members, and senior executives. You should be able to present data-driven insights, provide regular updates on portfolio performance, and build trust through transparency and strategic alignment.

Commitment to Operational Excellence and Compliance

Finally, the client values a leader who ensures that all products within the portfolio adhere to industry regulations, quality standards, and best practices. You must be adept at managing the complexities of supply chain logistics, regulatory compliance, and risk mitigation to ensure the smooth execution of portfolio strategies.

FAQs About the Role – VP of Portfolio Management – Med Device Startups

1. What are the key responsibilities of the VP of Portfolio Management in this role?

As the Vice President of Portfolio Management, you will be responsible for developing and executing the strategy for managing the company’s medical device portfolio. This includes overseeing product development, optimizing portfolio performance, driving innovation, and ensuring regulatory compliance. You will lead cross-functional teams, collaborate with R&D, sales, marketing, and manufacturing, and engage with stakeholders to drive the success of the product portfolio, ensuring it aligns with the company’s long-term goals.

2. What qualifications and experience are required for this position?

The ideal candidate should have extensive experience in portfolio management, particularly in the medical device or healthcare industry. A strong track record in leading product strategies, managing product lifecycles, and optimizing portfolios for growth is essential. Experience with regulatory standards, product innovation, and cross-functional team leadership is key. An advanced degree in business, engineering, or a related field is preferred, but not mandatory.

3. What leadership qualities are essential for this role?

The client seeks a visionary leader who can drive innovation, build strong teams, and make data-driven decisions. You should have strong strategic thinking abilities, excellent communication and interpersonal skills, and the ability to foster collaboration across departments. A consumer-first mindset and the ability to translate market trends and customer insights into actionable strategies will be critical to your success in this role.

4. What challenges can I expect in this role?

As VP of Portfolio Management in the medical device sector, you will face challenges such as navigating complex regulatory environments, optimizing product performance, and responding to shifts in healthcare trends. Managing a diverse portfolio of products, aligning cross-functional teams, and ensuring that the products meet market and regulatory demands will also be key challenges. Additionally, managing investor expectations and ensuring portfolio profitability will require effective financial oversight.

5. What is the expected impact of the VP of Portfolio Management on the company’s growth?

The VP of Portfolio Management is expected to have a significant impact on the company’s growth by strategically managing and expanding the product portfolio. Your ability to drive product innovation, improve operational efficiency, and enhance the company’s market presence will directly contribute to revenue growth, brand reputation, and the long-term success of the company in the medical device market.

6. What is the company’s culture and work environment like?

The company fosters a collaborative and entrepreneurial culture, emphasizing innovation, teamwork, and accountability. They are looking for a leader who thrives in a fast-paced startup environment and can inspire teams to work together towards common goals. You will have the opportunity to shape the company’s culture while aligning it with the company’s strategic objectives and mission.

What Remuneration Can You Expect from This Job?

As the VP of Portfolio Management for Med Device Startups in Cape Coral, FL, you can expect a highly competitive and rewarding compensation package designed to attract top-tier executive talent in the medical device industry. The remuneration for this role typically includes:

1. Base Salary

The base salary for the VP of Portfolio Management in the medical device startup sector can vary depending on company size, stage of growth, and geographic location. In a high-growth startup, the base salary typically ranges from $200,000 to $350,000 annually, with larger and more established companies offering potentially higher salaries.

2. Performance-Based Bonuses

In addition to a base salary, the role comes with performance-based bonuses tied to key business objectives such as portfolio growth, product development milestones, revenue growth, and profitability. These bonuses typically range from 25% to 60% of the base salary, depending on both individual and company performance.

3. Equity & Stock Options

Equity-based compensation is common in startups and high-growth companies, and you can expect stock options, restricted stock units (RSUs), or performance shares as part of your total compensation. These incentives allow you to benefit directly from the company’s success and align your interests with that of the shareholders. The exact value of these options can vary based on the company’s growth trajectory and stage of funding.

4. Long-Term Incentives (LTIPs)

Some companies provide Long-Term Incentive Plans (LTIPs) that reward executives for sustained performance over several years. These incentives are designed to ensure alignment with the company’s long-term goals and typically include equity-based rewards or cash payouts contingent on achieving milestones related to growth, innovation, and financial performance.

5. Executive Benefits & Perks

As a senior executive, you will be entitled to a range of executive benefits and perks, including:

Comprehensive health, dental, and vision insurance
401(k) or pension plan with company contributions
Executive retirement plans
Paid time off and sick leave
Company-provided travel or vehicle allowances
Wellness programs and executive health services
Business development expense accounts for networking and conferences

6. Signing Bonuses & Relocation Assistance

For high-demand candidates, companies often offer signing bonuses and relocation packages to attract top executive talent. These incentives may range from $20,000 to $100,000 or more, depending on the candidate’s experience and the company’s specific needs.

Total Compensation Potential

When factoring in the base salary, bonuses, stock options, and long-term incentives, the total compensation for the VP of Portfolio Management in a Med Device Startup can range from $300,000 to $700,000 annually. This amount may increase significantly in cases of substantial growth or in more established companies with larger portfolios and market positions.

How to Apply

If you are a seasoned and strategic leader with a proven track record in the medical device industry, we invite you to apply for the VP of Portfolio Management role for Med Device Startups in Cape Coral, FL. This is a unique opportunity to lead portfolio growth, drive product innovation, and optimize operational efficiencies in a high-growth startup environment.

To apply, please submit your updated resume along with a cover letter outlining your experience in portfolio management, medical device product development, market expansion strategies, and financial oversight. We encourage you to highlight your expertise in leading cross-functional teams, managing complex product portfolios, and executing successful commercialization strategies.

This role offers an exciting opportunity to make a significant impact on a growing company, shaping the future of the medical device startup landscape. Apply today to take the next step in your executive career as Vice President of Portfolio Management!

For more information or to explore similar opportunities, visit our Medical Device Executive Recruiters Page.

Job Category: Med Device Startups

Job Type: Full Time

Job Location: Cape Coral

VP of Portfolio Management – Cape Coral, FL | Med Device Startups