Director of Business Development, Magnetics

Position Summary:The Director of Business Development, Magnetics is responsible for establishing and directing the business development and account management activities of the Signal Transformer organization. This key staff member contributes to the strategic planning and execution of the business for the corporation.Are You Looking to: Lead all aspects of account management and business development activities including direct coordination with Operational and Quality Leadership Drive new business and market development Mentor and lead Magnetics Sales, Product, and Program Managers Analyze market conditions; formulate, recommend, and implement strategies to optimize market position Oversee contract negotiations and management Are You Ready to: Travel domestically and internationally, up to 50% Develop and maintain effective rapport with sales representatives, distributors, and other marketing personnel Monitor existing and recommend potential sales channels and distribution alternatives to maximize availability and penetration Develop market share and profitability goals by working with engineering development and sales management What You'll Need: Bachelor's degree required, engineering discipline preferred Minimum of 5 years' experience in a business developmentproduct management capacity Preferred experience in the magnetics industry and manufacturing environment Experience with major OEM's and Subs Team leadership and development Knowledge of contracting, negotiating, and change management Knowledge of structuring sales goals and revenue expectations Must be a US Citizen or Permanent Resident Physical Requirements: Maintain a stationary position in front of a computer for extended periods during the workday Effectively listens to, converses and communicates with, and expresses oneself to internal and external customers and others as required per job, in person, via MS Teams and on the telephone What You'll Get: Compensation range: $160,000 - $175,000 401K and company match Medical, Dental, Vision Health Savings Account (HSA) Flexible Spending Account (FSA) Company Life Insurance Short & Long-term disability Paid Time Off (e.g., Vacation Benefits, Company Holidays, Sick Leave Benefits, Personal Days) Pet Insurance Tuition Reimbursement To review a full listing of our benefits, please refer to the 2025 Bel Fuse Benefits Summary and Paid Time Off Benefits , by visiting the Bel Fuse Careers page. If you cannot access the links, copy and paste the web address into your browser: Work OpportunityBel will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.Equal Opportunity EmployerBel is an Equal Opportunity employer.

Created: 2025-02-16