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R&D Engineering & Operations Associate

Xpan

Xpan

Other Engineering, Operations · Full-time
Vaughan, ON, Canada
CAD 60k-90k / year
Posted on Oct 31, 2024

Job title: R&D Engineering & Operations Associate

Position Description:

Xpan Inc. is medical device startup that develops surgical products aimed at reducing complications in minimally invasive surgery. We are recruiting a well-rounded engineer to support the R&D and operations activities of the business. The candidate will work closely with the management and the product development team to commercialize a novel trocar technology. The position will be split between engineering design and business operations responsibilities, with an emphasis on engineering. The company is headquartered in Vaughan, Ontario and offers flexible/hybrid work environment.

Tasks & responsibilities:

Engineering

- Support the development of new       pipeline products.
- Design and iterate on new and       existing product designs using 3D printing, and other rapid-prototyping       techniques.
- Draft test protocols and perform       bench-top testing.
- Collect and analyze test data       to drive design decisions.
- Support the quality       engineering team with product complaints, and maintenance of the QMS.
- Conduct literature and IP       research.

Investor Relations and Outreach:

- Reach out to new investors and       follow up with existing ones.
- Research investors’ history,       investment strategies, and mutual connections.
- Apply for non-dilutive funding       opportunities (grants, pitch competitions) and complete reporting.

Marketing and Communication:

- Manage social media accounts,       website, blogs, and newsletters.
- Develop marketing materials       such as animations, videos, and brochures (using MS Office and       Photoshop/video editing skills).

Market Research and Strategy:

- Conduct market research and       prepare summary reports (market sizing, competitive landscape, pricing,       SWOT analysis, positioning, M&As, etc.).
- Prepare marketing materials       for clinical showcases and conferences (banners, brochures, display       materials).

Financial and Administrative Tasks:

- Assist in creating diligence       reports for investors.
- Organize and label expenses       for accountants & coordinate payments.

Financial Modeling and Planning:

- Format financial pro-forma       (balance sheet, income statement, cash flow) using company templates.
- Perform financial and business       scenario modeling:
    - Research basic assumptions (from 3rd party        quotes, team members, literature)
    - Build various cashflow scenarios (conservative, nominal,        aggressive)
- Project planning: track       performance against financial models & timelines (Gantt charts).

Operations:

- Obtain quotes from third       parties related to clinical studies, animal studies, and manufacturing.
- Manage suppliers, and purchase       materials and capital equipment.
- Support continuous improvement       initiatives.

Candidate requirements

· Bachelor’s degree in mechanical or biomedical engineering with preference for degrees with business minors.

· 1-2 years of experience in the medical device, or related, industries.

· Must be a quick learner and interested in being in a dynamic startup environment (jack-of-all-trades).

· Proven excellence & experience in product design and development.

· Experience in using hand, powered tools & comfortable with machine shop equipment.

· Experience in design and modeling of parts and assemblies in SolidWorks.

· Experience in developing parts through rapid prototyping methods, such as 3D printing.

· Experience in developing benchtop testing procedures and testing apparatus.

· Familiarity with analyzing data and using statistical methods.

· Ability to conduct literature and/or intellectual research and summarize results in succinct and organized methods.

· Able to self-manage (setting high level objectives and granular tasks) especially under aggressive timelines.

· Prior business development/marketing/sales experience.

Xpan is an equal opportunity employer.

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