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Director of Business Development, Magnetics (Hybrid)

Bel Fuse Inc.
Lynbrook, NY Full Time
POSTED ON 2/11/2025
AVAILABLE BEFORE 5/9/2025

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 :

  • Must be a US Citizen or Permanent Resident
  • Bachelor's degree in a business-related field preferred
  • Minimum of 5 years' experience in a business development / product 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
  • Physical Requirements :

  • Maintain a stationary position 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

    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 :

    https : / / www.belfuse.com / resource-center / careers /

    Work Opportunity

    Bel 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 Employer

    Bel is an Equal Opportunity employer.

    Salary : $160,000 - $175,000

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