Product Engineering Manager (Ist, North Reading, MA)

We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne companies deliver manufacturing automation across industries and applications around the world!

We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive.

Our Purpose

TERADYNE, where experience meets innovation and drives excellence in every connection. We are fueled by creativity and diversity of thought in our workforce. Our employees are supported to innovate and learn something new every day. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation, and delivers stronger business results.

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.

#LI-JL2