Executive Director, Business Development - Early Phase

Fortrea•Dallas, TX

1d•Onsite

About The Position

The Executive Director, Business Development is a strategic business partner who leads a team of Business Development Directors at all levels to develop and expand new business opportunities while growing and maintaining existing accounts. The role steers overall growth initiatives, secures key strategic partnerships, and supports the development of operational solutions that deliver on clients' commercial strategy. The Executive Director is responsible for leading a high-performing team, achieving significant sales and market expansion targets, and contributing to the company's leadership position in the industry.

Requirements

Bachelor's degree or equivalent and relevant formal academic qualification. Fortrea may consider relevant and equivalent experience in lieu of educational requirements.
Proven track record in winning new business contracts and growing existing accounts.
Experience in strategic partnerships and complex contract negotiations.
Thorough knowledge and understanding of the principles of drug discovery and drug development.
Strong grasp of regulatory bodies and compliance requirements, with the ability to address client concerns amid regulation changes.
Strong understanding of commercialization, deal terms, and conditions associated with various models.
Strong communication, presentation, negotiation, and Salesforce.com skills.
Strong financial acumen and business intuition, delivering business results in a commercial environment, including budgeting and financial planning and reporting.
Demonstrated executive presence and proven skill to influence at all levels of the organization.
Strong leadership experience presenting to executives and senior levels of the client organization.
Proven leadership and team-management skills, with demonstrated ability to lead, coach, and develop a full team of Business Development Directors at all levels.
Ability to work collaboratively within a matrixed team environment.
A minimum of 10 years of experience in business development within the Clinical Research, Pharma, or Biotech industry.
A minimum of 9 years of experience in senior leadership roles involving business development and strategic client management.
Proven track record of achieving significant sales targets and managing high-value client accounts.
A minimum of 6 years of experience in a people-management or team-leadership capacity.

Nice To Haves

Leadership

Responsibilities

Lead the execution of the overall business development strategy to support long-term growth and profitability.
Collaborate with senior leadership to align business development objectives with corporate goals.
Develop and maintain strategic account plans and partnerships with key accounts.
Continuously analyze market trends, customer needs, and competitive intelligence to identify and evaluate new business opportunities.
Identify, evaluate, and prioritize high-impact opportunities and strategic partnerships.
Achieve or exceed annual sales plan and sales targets for assigned accounts through proactive sales activity and networking with potential and existing accounts.
Assign accounts and territories, and establish individual territory sales goals.
Support the sales team in cultivating internal and external relationships and identifying new market opportunities.
Collaborate with sales leaders in other business units to develop joint opportunities and relationships with clients.
Lead margin and pricing negotiations, ensuring alignment with internal stakeholders and client expectations.
Facilitate strong internal relationships and communication with operational colleagues.
Contribute to the development of global MSAs and preferred provider agreements.
Establish and monitor performance goals for the business development team, ensuring alignment with broader company-wide objectives.
Oversee pipeline management, forecasting, and analysis of key sales metrics.
Provide leadership to a team of Business Development Directors at all levels, fostering a culture of excellence, accountability, and continuous improvement.
Drive revenue growth by leading, coaching, and mentoring the sales team on effective tactics, strategic approaches, and performance optimization.
Function as a trusted advisor to the team, troubleshooting and resolving internal and external issues and removing barriers to success.
Perform all other duties as needed or assigned.