Baxter International

Principal Risk Engineer

Baxter International$112K — $154K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering (Biomedical, Mechanical, Electrical, Systems Engineering, Computer Science or related field)
  • 5+ years of experience in medical device risk management or product development
  • Working knowledge of ISO 14971 and related standards
  • Experience with risk analysis tools (e.g., FMEA, FTA, hazard analysis)
  • Excellent analytical, problem-solving, and communication skills
  • Ability to manage multiple priorities and project schedules

Responsibilities

  • Lead risk management activities in accordance with ISO 14971 and corporate procedures
  • Identify hazards associated with infusion pumps, including mechanical, electrical, software, usability, and cybersecurity risks
  • Collaborate with cross-functional teams to ensure risk controls are incorporated and verified or validated
  • Ensure traceability between hazards, hazardous situations, risk controls, and verification activities
  • Perform robust risk impact assessments using appropriate severity and probability models
  • Update risk management files based on design changes and post-market information
  • Facilitate risk reviews and team meetings; train and mentor team members on risk management principles and tools

Benefits

  • Comprehensive medical and dental coverage starting on day one
  • Insurance for life, accident, short-term and long-term disability
  • Employee Stock Purchase Plan (ESPP) with discounted stock purchase options
  • 401(k) Retirement Savings Plan with employee contributions and company matching
  • Paid time off ranging from 20 to 35 days based on length of service
  • Flexible Spending Accounts and educational assistance programs
  • Commuting benefits and childcare support
  • Employee Assistance Program (EAP) and paid parental leave
Full Job Description

This is whereyour work makes a difference.

Your role at Baxter

The Risk Engineer is responsible for leading and executing risk management activities for infusion pump systems through the product lifecycle. This role ensures patient and user safety by identifying hazards, assessing risks, and implementing effective mitigation strategies in compliance with corporate procedures and industry standards (e.g., ISO 14971) by working with engineering, quality, regulatory, clinical, manufacturing and service teams to integrate risk management into product design, development, and post-market activities in support of ongoing product safety.

What you will be doing:

  • Lead risk management activities in accordance with ISO 14971 and corporate procedures related to risk management plans, hazard analyses, FMEAs, fault tree analyses, and risk reports
  • Identify hazards associated with infusion pumps, including mechanical, electrical, software, usability, and cybersecurity-related risks
  • Collaborate with cross-functional teams during design and development to ensure risk controls are incorporated and verified and/or validated
  • Ensure traceability between hazards, hazardous situations, risk controls, and verification activities
  • Perform robust risk impact assessments of issue records, change controls, complaint trends and NCR/SNCs and other scenarios using appropriate severity and probability models and ensure risks are reduced to acceptable levels or provide decision support to management or post-market monitoring.
  • Update risk management files based on design changes and post-market information and ensure ongoing product safety
  • Facilitate risk reviews and risk management team meetings
  • Train and mentor team members on risk management principles and tools

What you will bring:

  • Bachelors degree in Engineering (Biomedical, Mechanical, Electrical, Systems Engineering, Computer Science or related field)
  • 5+ years (senior-level)experience in medical device risk management or product development
  • Working knowledge of ISO 14971 and related standards
  • Experience with risk analysis tools (e.g., FMEA, FTA, hazard analysis), bug tracking tools, requirements management tools (e.g. DOORS) and traceability, and documentation.
  • Excellent analytical, problem-solving, and communication skills
  • Ability to manage multiple priorities and project schedules

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a required minimum number of days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission. The flexible workplace policy is subject to local laws and legal requirements.At its discretion, Baxter may decide to adjust, suspend, or discontinue as business needs change.

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $112,000 to $154,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

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US Benefits at Baxter (except for Puerto Rico)

This is where your well-being matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical and dental coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount, and the 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching. We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave. Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our employees.For additional information regarding Baxter US Benefits, please speak with your recruiter or visit our Benefits site:

About Baxter International

Baxter International Careers

Joining Baxter International means becoming part of a global team dedicated to transforming the future of healthcare. With a focus on innovation and leadership, Baxter offers unparalleled job opportunities in the medical technology industry. Work You’ll Do At Baxter, you will collaborate with some of the brightest minds in the industry to address some of the most challenging healthcare needs. Our commitment to enhancing healthcare through cutting-edge technology makes us a leader in our field. Transform your career and the future of healthcare with Baxter’s diverse team. Our culture of inclusion and diversity training ensures that every team member can thrive. Baxter is at the forefront of medical innovation, providing a platform for professional growth and development in a dynamic industry. Lead with Baxter’s Leadership Development Programs, designed to foster the next generation of industry leaders. Our programs are tailored to enhance your leadership skills and prepare you for progressive roles within our company. Work with a global team that values collaboration and innovation. At Baxter, you will find a supportive network that encourages career advancement and skill enhancement through continuous learning and professional development. Introducing Baxter International’s Career Growth Opportunities We are committed to offering a range of career paths that help our employees achieve their professional and personal goals. Baxter’s job opportunities span across various functions and regions, ensuring that you can find the perfect match for your skills and ambitions. Do Innovative Work Join Baxter International, a company known for its leadership in healthcare innovation. Our team is dedicated to developing solutions that improve patient outcomes and enhance the efficiency of healthcare providers worldwide. Be Part of a Great Team Baxter’s culture is built on collaboration, respect, and a commitment to excellence. We believe in the power of our people and invest in their growth through comprehensive benefits, competitive internship programs, and opportunities for networking and career development. Future-Proof Your Career Advance your career with Baxter International, where innovation meets opportunity. Our supportive environment is designed to nurture your professional growth, with resources like targeted training programs and access to global opportunities. Explore Discover how Baxter is leading the way in sustainable healthcare solutions and improving patient care across the globe. The Baxter International Difference Our combined expertise in medical devices and pharmaceuticals positions us uniquely in the market. Baxter’s commitment to innovation, diversity, and leadership helps our clients and partners excel in the rapidly evolving healthcare landscape. Stay Connected Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to make a difference. SEARCH BAXTER JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at Baxter International.
Learn more about Baxter International
Size
60,000 employees
Market Cap
$25.6 billion
Industry
Net Income
$1.1 billion
Founded
1931
5 Year Trend
+4.7%
Revenue
$11.6 billion
NASDAQ

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