Sr. Principal Engineer, Systems at Vontive

Plymouth, Minnesota, United States

Vontive Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical Devices, Kidney CareIndustries

Requirements

  • An engineering graduate in Electrical, Mechanical, Biomedical, or related engineering discipline
  • 12-18 years of experience required
  • Prior experience in Medical/Acute device domain is a plus
  • Demonstrated ability to work with technical leadership team to implement product platform/subsystem multi-generation technology plan for a specific release of a global program/product
  • Demonstrated broad exposure to HW/SW/Systems design

Responsibilities

  • Performs the activities associated with the Systems engineering of one or more products in various stages of the product lifecycle from new product development to post-market surveillance
  • Gathers inputs for Requirements from various sources such as User needs, Regulatory Standards, Quality, Human factors, Manufacturing, Service, and so on
  • Performs impact assessment on the requirements on an ongoing basis for any proposed design/material/process change or an observation in the field/service, or manufacturing to determine the impact and need for any mitigation
  • Develop the recommended mitigation strategy with a rationale
  • Expedite, manage, and coordinate interrelated systems activities across functions, within the constraints of human and financial resources and changing priorities
  • Participate in identifying and planning tasks, activities, and resourcing needs related to systems engineering
  • Facilitate an improved understanding of the interrelationship between Requirements, Risk, and Reliability
  • Working knowledge of FMEAs and standards applicable to Systems Engineering
  • Creates design concepts and research methodologies that best meet current and future customer & business needs for a product or process domain area
  • Understands clinical and user needs and can apply to product realization
  • Creates and maintains Design History File elements
  • Successfully influences stakeholders and cross-functional team members within the project
  • Teaches and mentors others in life cycle management methodologies
  • Initiates, develops and leads technical feasibility analysis for products or subsystems; translates customer/user needs to product needs
  • Proposes and drives solutions to complex technical problems that are ambiguous and diverse in scope
  • Drives adherence to FDA, ISO and IEC design control procedures, regulations and standards
  • Anticipates technical challenges and risk scenarios and prepares, leads, and executes mitigation strategies to ensure optimal results
  • Can perform as an independent reviewer in technical and design reviews
  • Responsible for Product Requirements management, Traceability, DHF structure & maintenance, Product Risk management, System integration, verification, and validation of medical devices
  • Technically lead the team of system engineers towards realizing product development/enhancements over its lifecycle

Skills

Key technologies and capabilities for this role

Systems EngineeringProduct Requirements ManagementTraceabilityDHFProduct Risk ManagementSystem IntegrationVerificationValidationMedical DevicesRegulatory StandardsHuman Factors

Questions & Answers

Common questions about this position

What is the employment type for this position?

This is a full-time position.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What key skills are required for the Sr. Principal Engineer role?

Key skills include product requirements management, traceability, DHF structure and maintenance, product risk management, system integration, verification and validation, working knowledge of FMEAs, and standards applicable to Systems Engineering.

What is the company culture like at Vantive?

Vantive fosters a community of focused, courageous people who don't settle for mediocre and are driven to improve patients' lives worldwide through innovation in vital organ therapies.

What makes a strong candidate for this Sr. Principal Engineer position?

Strong candidates will have experience technically leading system engineering teams, influencing stakeholders, mentoring others in lifecycle management, and handling systems activities across product lifecycles from development to post-market surveillance.

Vontive

Provides investment property mortgage solutions

About Vontive

Vontive provides investment property mortgages using technology to simplify and speed up the loan process. Their main product is a "bolt-on" technology that allows retail brands to easily launch their own mortgage services without needing programming skills. This no-code solution can be set up in just a few weeks, making it quicker for brands to offer mortgages. Vontive stands out from competitors by acting as a bridge between real estate investors, lenders, and capital providers, charging fees for their services that reduce traditional risks and inefficiencies in real estate financing. The company's goal is to modernize the investment real estate market by making the mortgage process more efficient and transparent for both retail brands and financial institutions.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$32.1MTotal Funding
DEBTCompany Stage
Financial Services, Real EstateIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Parental Leave
Short- and Long-term Disability Coverage
Life Insurance
Wellness Program

Risks

Increased competition from fintech companies could erode Vontive's market share.
Potential regulatory scrutiny may lead to higher compliance costs and challenges.
Economic downturns could impact demand for investment property mortgages.

Differentiation

Vontive offers a no-code, white-label mortgage solution for real estate investors.
The platform integrates financial institutions through a unique debt marketplace.
Founded by industry veterans, Vontive leverages decades of mortgage and financial expertise.

Upsides

Vontive ranked #10 on the 2022 Deloitte Technology Fast 500 with 9,154% growth.
The company has financed over $1.1 billion in residential properties since April 2022.
Vontive's B2C ecosystem reaches over 1.5 million real estate investors.

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