Product Engineering Manager (IST, North Reading, MA)

Opportunity Overview We are seeking a Product Engineering Manager (PEM) to lead cross‑functional engineering teams through the full product lifecycle — from concept to launch — while connecting technical execution with business strategy. This role is critical in ensuring our products meet customer needs, market demands, and Teradyne’s innovation standards. Responsibilities Lead products from concept through launch, ensuring technical feasibility and alignment with business goals. Collaborate closely with Product Marketing Management, Design, Manufacturing, and Marketing to ensure project success. Drive project execution, including scheduling, resource planning, budgeting, and quality oversight. Make strategic technical decisions and guide innovation across engineering functions. Communicate effectively with stakeholders, including non‑technical partners, customers, and leadership. Define product vision, strategy, and roadmap aligned to business objectives. Translate customer and market needs into technical requirements and specifications. Oversee development to ensure alignment with product strategy and quality standards. Prioritize backlogs and technical initiatives using data‑informed decision‑making. Identify and mitigate technical risks throughout the lifecycle. Define and analyze KPIs related to product success, reliability, and performance. Lead, mentor, and develop engineering teams while promoting best practices. All About You We seek individuals who share our passion for innovation, collaboration, and delivering outstanding customer value. If you’re ready to join a team driving the future of Teradyne’s product portfolio, review the criteria below. BS in Mechanical, Electrical, Computer Engineering, or related field. MS or PhD preferred. 10+ years of product development experience operating at a senior engineering or leadership level within semiconductor equipment or complex electromechanical systems. Leading engineering teams through the full product lifecycle. Managing technical strategy, architecture, and cross‑disciplinary development. Strong technical fluency across relevant technology domains (e.g., hardware, software, thermal, mechanical, automation, FPGA). Data‑driven decision‑making, risk analysis, and KPI management. Translating market/customer needs into technical specifications. Managing schedules, budgets, and resources. Communicating complex technical concepts clearly to diverse audiences. Strong problem‑solving and analytical capabilities. Clear and confident communication. Ability to navigate ambiguity with professionalism and agility. Mentorship, coaching, and fostering inclusive collaboration. Influencing across organizational levels without direct authority. Preferences Experience with complex electromechanical system development. Experience developing semiconductor or high‑reliability systems. This position is not eligible for relocation. Compensation The base salary range for this role is $138,200 - $221,100. This range is a good faith estimate, and the amount of base salary will correspond with experience and skill set. This range can also fluctuate depending on demand and location. Incentive Plan: This job is eligible for discretionary bonus(es) based on financial performance. Benefits Teradyne offers a variety of robust health and well‑being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more. Please click here to see details. #J-18808-Ljbffr