New Business Development Sr. Manager

Samsung Electronics America; Plano (TX); On-site; USD 150,000 - 220,000; Full time

Job summary

Samsung Electronics America, Inc. seeks a Senior Manager, New Business Development to identify and shape growth opportunities. You will lead market analysis, due diligence, and ROI modeling while partnering with Finance to align assumptions and drive credible business cases.

This newly created role requires steering end-to-end strategic initiatives from ideation to implementation, collaborating with senior stakeholders and cross-functional partners across the organization.

Qualifications

• Bachelor's degree in Business, Finance, Economics, or related field.
• 8+ years in corporate strategy, corporate development, business development, investment banking, or management consulting.
• Proven experience in market research, benchmarking, and due diligence.
• Strong financial modeling and ability to present to senior leadership.

Responsibilities

• Conduct market analysis and benchmarking to identify new business channels and models.
• Lead due diligence with market sizing, competitive positioning, and risk assessment.
• Build financial/operational models to evaluate ROI of opportunities.
• Collaborate with Finance to align assumptions and ROI expectations.
• Prepare business cases and materials for leadership review.
• Maintain a pipeline of opportunities and drive end-to-end strategy initiatives.

Skills

Financial modeling

Market research

Due diligence

Strategic thinking

Communication skills

Cross-functional collaboration

Ambiguity tolerance

Education

Bachelor's degree in Business/Finance/Economics

Tools

Microsoft Excel

PowerPoint

Job description

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 network 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.

Role and Responsibilities

• 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.

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 [e-mail] for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.

Samsung Electronics is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, and network systems, and the entire semiconductor industry with our memory, system LSI, foundry, and LED solutions. Samsung is also leading in the development of the Internet of Things through, among others, our Smart Home and Digital Health initiatives. Since being established in 1969, Samsung Electronics has grown into one of the world’s leading technology companies, and become recognized as one of the top global brands. Our network now extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth. To discover more, please visit our official newsroom at (https://news.samsung.com/global/).