Business Development Analyst

Midrex Technologies • Charlotte, NC

401d

About The Position

The Business Development Analyst at Midrex Technologies Inc. plays a crucial role in identifying new business opportunities, conducting market research, and developing strategic plans to achieve revenue targets. This position involves collaboration with cross-functional teams to optimize business processes and support the company's growth objectives in the iron and steel industry.

Requirements

• Bachelor's degree in business, finance, engineering, or a related field.
• 1-2 years of experience in business development, market research, strategic planning, or related roles, preferably in the direct reduction, chemical, or steel industry.
• Strong analytical and financial modeling skills with the ability to interpret data and market trends effectively.
• Excellent verbal and written communication, presentation, and negotiation skills.
• Strategic thinker with the ability to identify opportunities, anticipate challenges, and develop innovative solutions.
• Ability to work collaboratively with cross-functional teams and lead projects to completion.
• Excellent organizational skills and attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.

Responsibilities

• Proactively identify and assess new business opportunities that align with the company's growth objectives.
• Assist in the development and refinement of comprehensive business plans for new opportunities, including identifying key business drivers and competitive advantages.
• Conduct comprehensive market research to identify potential clients, customer needs, and industry trends.
• Analyze market data and competitive intelligence to develop actionable insights.
• Conduct financial analysis to project revenue, expenses, and profitability for proposed business initiatives.
• Develop financial modeling, including forecasting and return on investment (ROI) assessments to support decision-making.
• Assess potential risks associated with new business opportunities and develop risk mitigation strategies.
• Work closely with Sales to develop compelling proposals, presentations, and sales material.
• Identify and leverage opportunities to upsell or cross-sell to existing Global Solutions clients.
• Support the Director of Global Business Development with the development and refinement of business strategies and action plans.
• Regularly present progress reports and insights for ongoing business development initiatives to senior management.
• Identify new areas for growth, exploring potential partnerships and alliances.
• Build and maintain strong relationships with internal teams and external partners to foster collaboration and support the execution of business plans.
• Represent the company at industry conferences, events, and networking opportunities to promote brand awareness and foster potential partnerships.

Benefits

• Profit sharing
• Tuition reimbursement
• 401(k) matching (up to 6%)
• Generous overtime for qualified positions
• 4 weeks of paid vacation
• Raffles for professional sports tickets
• Half-day Fridays
• Flexible home/office work practices
• Paid time to volunteer
• Employee recognition awards

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Construction of Buildings
• Education Level: Bachelor's degree