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Director / Senior Director Business Development

Quasar Medical | Medical Device Manufacturer
Minneapolis, MN Full Time
POSTED ON 2/18/2025
AVAILABLE BEFORE 5/16/2025

Purpose of the Position

This is pivotal role, responsible for driving the company's growth by identifying and securing business opportunities with Global Tier1 / Tier2 OEMs (New Account) in the interventional medical device space. This position aims to expand Quasar's global market presence, enhance revenue streams, and establish long-term strategic partnerships. The successful candidate will leverage their extensive industry network, business acumen, and leadership skills to achieve sales targets, close first purchase orders with new accounts, and contribute to the overall strategic direction of the company.

Responsibilities :

  • Develop and execute a strategic business development plan to achieve sales targets and expand Quasar's market presence.
  • Identify and pursue new business opportunities with Global Tier1 / Tier2 OEMs in the interventional medical device space.
  • Build and maintain strong relationships with key decision-makers and stakeholders.
  • Lead and mentor a team of business development professionals, fostering a high-performance culture.
  • Collaborate with cross-functional teams to ensure seamless execution of business development initiatives.
  • Monitor market trends and competitor activities to identify opportunities and threats.
  • Represent Quasar at industry events, conferences, and trade shows.
  • Travel domestically and internationally, as required, to nurture client relationships, attend meetings, and explore new opportunities.
  • Be flexible and available for calls outside of regular office hours to accommodate global time zones.

Requirements :

  • Bachelor’s degree in Engineering and Masters in business, or a related field required.
  • Proven track record in business development within the medical device contract manufacturing industry.
  • Extensive experience (10 years or more) in technical medical device sales.
  • Expertise and contacts in Minimally Invasive Medical Devices, including Cardiovascular (CV), Interventional Cardiology (IC), Electrophysiology (EP), and Neurovascular (NV) highly preferred.
  • Experience in balloons, micro-sensors, or advanced minimally invasive catheters.
  • Strong communication, negotiation, and presentation skills, with expertise in contract negotiations and managing complex projects.
  • Ability to travel extensively (50-70% globally).
  • High energy, extroverted, and likeable personality with executive gravitas.
  • Proven experience in managing individual contributors, with a player-coach mindset focused on mentoring and developing a young team.
  • Strong network in the medical device industry, with the ability to leverage existing contacts to establish relationships with Tier 1 and Tier 2 clients that align with Quasar.
  • Committed to Quasar's mission and willing to invest time in building relationships with the team.
  • Ability to prioritize work and manage demanding travel schedules.
  • Multinational experience is a plus, with required multicultural sensitivity and flexibility to accommodate early morning and late-night calls when working with Asia..
  • Ability to work across all levels of an organization, from Technical leaders to CXO leaders.
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