Sr Manager, Strategy and Business Development

Job Summary

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

M&A and Business Development

• 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 

Partnerships & Strategic Initiatives 

• 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: 

Minimum Qualifications

• 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

Preferred Qualifications:

• Experience in Healthcare, Pharmaceuticals, or MedTech industries.

Education

• Bachelor's degree in Business, Finance, or related field.
• MBA or advanced degree preferred.

Compensation:

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 facilit