Director of Business Development and Strategy

Job Description

Scope of Leadership Role

Regal Rexnord (NYSE: RRX) is currently recruiting for a Director of Business Development and Strategy. This position reports directly to the Senior Vice President of Business Development and Strategy. This is a critical position to help drive pivotal change in RRX’s strategic growth agenda.

This position will contribute to the company’s overall strategic plan through both organic and inorganic growth and bring fresh perspectives and ideas, including both challenging the existing thinking and opening up new ways of seeing the market and opportunities, and specifically, to take advantage of the robust business development opportunities globally. This position will help support the definition and implantation of the company’s growth strategy including identifying, evaluating and pursuing relevant organic growth and M&A opportunities. This individual will partner closely with corporate, segment, and business unit leaders to build out strategy and business development-related processes across the global enterprise with the intent of determining the next steps to continue Regal Rexnord’s transformational growth and performance.

This individual will assist the Executive Leadership Team and business leaders withthe entire M&A process, including developing target lists, developing the investment thesis and supporting due diligence. The ideal candidate will also develop relationships with all business unit leaders and through them, a deep understanding of RRX’s existing business divisions, including their market position and growth options. This individual will play a key role in developing a high impact strategy that may also include entry into new markets and creation of new business models, aligning the strategy with RRX’s broader filters around business attractiveness, valuation and entry.

Expected travel is ~25% and will vary depending on deal activity.  

Key Responsibilities

This individual will assist the Executive Leadership Team and business leaders with the entire M&A process, including developing target lists, developing the investment thesis and supporting due diligence. The ideal candidate will also develop relationships with all business unit leaders and through them, a deep understanding of RRX’s existing business divisions, including their market position and growth options. This individual will play a key role in developing a high impact strategy that may also include entry into new markets and creation of new business models, aligning the strategy with RRX’s broader filters around business attractiveness, valuation and entry.

Essential Responsibilities

Corporate Strategy: The ideal candidate will leverage superior analytical and problem solving skills to support the strategy function with strong focus on execution. Specific priorities include:

• Owning the end-to-end annual strategic planning process

• Working with senior leadership to crystallize, communicate and execute the company’s business development strategy.

• Exploring and executing acquisitions that are a strategic fit with the company’s goals.

• Driving implementation of key strategic initiatives.

• Creating and executing short- and mid-term plans in line with the business’s overall and long-term growth strategy.

Business Development:  The ideal candidate will leverage strong interpersonal skills and an eye towards deal making to support new business ideas and bring them to a tangible business decision. This includes:

• Driving the end-to-end M&A process

• Supporting a broad range of transactions including mergers, acquisitions, minority investments and strategic alliances.

• Striking deals with local partners, suppliers and customers and sometimes paving the way with different authorities.

• Proving business cases before handing them over to project development, while retaining responsibility for concluding major associated deals.

• Navigating licensures and contracts for Joint-Venture partnerships.

Professional Experience/Qualifications

 Ideal Experience

• Experience with Industrials

• Organic growth strategy

• M&A and due diligence

• International experience

• Financial acumen

• Prior strategy consulting, engineering or banking experience a plus but not required

Core competencies

• Analytical skills: The successful candidate will be intellectually agile and able to grasp the dynamics of the organization. This individual must have the ability to synthesize data quickly and consolidate key messages t