Samsung
New Business Development Sr. Manager
United States · On-site · Full time
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About the role
Description from the employer’s posting. Check the employer’s page for the current version.
- EmployerSamsung
- LocationUnited States
- Work styleOn-site
- Employment typeFull time
- Employer posted
Position Summary
Headquartered in Englewood Cliffs, N.J., Samsung Electronics America, Inc. (SEA), the U.S. Sales and Marketing subsidiary, is a leader in mobile technologies, consumer electronics, home appliances, enterprise solutions and networks systems. For more than four decades, Samsung has driven innovation, economic growth and workforce opportunity across the United States—investing over $100 billion and employing more than 20,000 people nationwide. By integrating our large portfolio of products, services and AI technology, we’re creating smarter, sustainable and more connected experiences that empower people to live better. SEA is a wholly owned subsidiary of Samsung Electronics Co., Ltd.
To learn more, visit Samsung.com. For the latest news, visit news.samsung.com/us.
The Senior Manager, New Business Development is a newly created role responsible for identifying, researching, and shaping new business growth opportunities for the enterprise. This role owns the front end of the team's work: surfacing new business model ideas, conducting market analysis and competitive benchmarking, running due diligence, and building the financial and operational models that turn a promising idea into a credible business case.
This person will work closely with the Future Business Operations Strategy Director and directly with the Finance organization to ensure new business models and their expected ROI are aligned and well-supported early in the process, before opportunities advance to broader stakeholder review.
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Role and Responsibilities
Roles & Responsibility
- Conduct market analysis and competitive benchmarking to identify new business channels, areas, and models worth pursuing.
- Monitor industry trends and competitor activity to proactively surface new business model opportunities for the team's portfolio.
- Synthesize research and market intelligence into clear, decision-ready recommendations for leadership.
- Lead due diligence on prospective new business opportunities, including market sizing, competitive positioning, and risk assessment.
- Build financial and operational models to evaluate the viability and expected return of new business opportunities.
- Partner with the Finance team early in the process to align business models, key assumptions, and ROI expectations before opportunities progress.
- Prepare business cases and supporting materials for review by the Future Business Operations Strategy Lead and senior stakeholders.
- Maintain and prioritize a pipeline of new business opportunities in partnership with the Future Business Operations Strategy Lead.
- Lead end-to-end management of strategic initiatives from ideation and opportunity assessment, through business case development, stakeholder alignment and planning, to execution and full implementation to ensure continuity and accountability across every stage.
- Build working relationships with Finance and relevant LOB stakeholders to gather input and validate assumptions.
- Contribute market and financial expertise to cross-LOB strategic initiatives as needed.
Skills and Qualifications
Qualifications
- Bachelor's degree required, in Business, Finance, Economics, or a related field.
- 8+ years of experience in corporate strategy, corporate development, business development, investment banking, or management consulting.
- Demonstrated experience conducting market research, competitive benchmarking, and due diligence.
- Hands-on experience building financial and operational models to evaluate new business opportunities.
- Experience partnering with Finance teams on business case development and ROI analysis.
- Experience in Consumer Electronics, FinTech, Health, or Telecommunications a plus
- Strong financial modeling and analytical skills.
- Excellent research and synthesis skills; able to distill complex information into clear recommendations.
- Strong written and verbal communication skills, including experience preparing materials for senior leadership.
- Self-directed and comfortable operating with ambiguity in a newly formed function.
- Collaborative working style, with the ability to build trust with Finance and cross-functional partners.
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Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
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At Samsung, we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners, and communities.
* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-557-3247) or SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
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At a glance
- Work styleOn-site
- Employment typeFull time
- SenioritySenior
- Employer posted
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