F5 Networks

Component Engineer III

F5 Networks$128K — $192K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Electrical or Mechanical Engineering, or related field
  • 4-7+ years in component engineering, sustaining engineering, or hardware development
  • Strong understanding of electronic components (like semiconductors and power devices)
  • Experience managing component lifecycle risks and executing mitigation strategies
  • Ability to independently evaluate component equivalency and make technical decisions
  • Strong communication skills for cross-functional influence

Responsibilities

  • Monitor component lifecycles using industry tools and supplier engagement
  • Assess risk across product lines and implement mitigation strategies
  • Own lifecycle health for assigned commodities with regular risk reporting
  • Lead resolution of production and field issues regarding components
  • Collaborate with teams to address reliability concerns and achieve closure
  • Identify and qualify alternate components with minimal supervision
  • Engage with suppliers to resolve technical issues and support new source qualification

Benefits

  • Comprehensive health and wellness plans
  • 401(k) with company matching
  • Paid time off and company holidays
  • Employee stock purchase program
  • Education assistance and career development opportunities
  • Flexible work arrangements
Full Job Description
Component Engineer III (Sustaining Engineering)

F5 Inc.

Position Summary

F5 is seeking a Component Engineer III to play a key role in sustaining engineering for our hardware platforms supporting application delivery, security, and networking solutions. In this role, you will take ownership of component lifecycle management, drive obsolescence mitigation strategies, and ensure long-term product continuity across a global supply chain.

As a mid-level engineer, you will operate with increasing independence, influence cross-functional decisions, and contribute to strategic initiatives that balance risk, cost, and product performance.

Key Responsibilities

Component Lifecycle & Obsolescence Leadership

  • Proactively monitor component lifecycles (PCNs, NRND, EOL) using industry tools and supplier engagement


  • Assess risk across multiple product lines and drive mitigation strategies (LTB, redesign, alternates)


  • Own lifecycle health for assigned commodities or platforms; provide regular risk reporting and recommendations


  • Maintain and improve AML/AVL integrity within F5 PLM systems


Sustaining Engineering Ownership

  • Lead resolution of component-related production and field issues, including root cause analysis and corrective actions


  • Partner with Quality, Design, and Manufacturing teams to address reliability concerns and drive closure


  • Provide component engineering guidance for ECOs, sustaining design updates, and cost-reduction initiatives


Alternate Sourcing & Qualification

  • Identify and qualify alternate components with minimal supervision


  • Perform detailed form/fit/function analysis, including electrical and reliability considerations


  • Coordinate and support validation and qualification activities, ensuring compliance with F5 standards


Supply Chain & Supplier Engagement

  • Collaborate closely with Global Supply Chain and sourcing teams to mitigate shortages, allocation risks, and long lead times


  • Engage directly with suppliers to resolve technical issues, evaluate risk, and support qualification of new sources


  • Contribute to cost optimization through part standardization, supplier selection, and design influence


Compliance & Data Stewardship

  • Ensure component compliance with environmental and regulatory requirements (RoHS, REACH, WEEE, conflict minerals)


  • Maintain accurate, audit-ready documentation for qualification, traceability, and lifecycle status


  • Improve data quality and processes within component and lifecycle management systems


Cross-Functional Influence

  • Act as a key technical resource to hardware design, system engineering, and manufacturing teams


  • Participate in design and sustainment reviews, influencing component selection and lifecycle strategy


  • Help define and improve best practices, standards, and workflows for component engineering at F5


Required Qualifications

  • Bachelor's degree in Electrical Engineering, Mechanical Engineering, or a related field


  • 4-7+ years of experience in component engineering, sustaining engineering, or hardware development


  • Strong understanding of electronic components (semiconductors, passives, connectors, power devices)


  • Proven experience managing component lifecycle risks and executing mitigation strategies


  • Ability to independently evaluate component equivalency and drive technical decisions


  • Strong communication skills with the ability to influence cross-functional stakeholders


Preferred Qualifications

  • Experience in networking, telecom, server, or high-reliability hardware systems


  • Familiarity with PLM systems (Agile, Windchill) and lifecycle tools (SiliconExpert, Z2Data, IHS)


  • Experience with ServiceNow ticketing system to track Supply Chain, Manufacturing and Engineering support efforts


  • Experience working with contract manufacturers and global suppliers


  • Knowledge of reliability engineering and failure analysis methodologies


  • Exposure to high-mix, long-lifecycle products


Key Skills & Competencies

  • Independent problem-solving with a structured, data-driven approach


  • Ability to balance technical, supply chain, and business considerations


  • Strong ownership mindset and accountability for deliverables


  • Effective cross-functional collaboration and stakeholder management


  • Attention to detail in documentation, compliance, and execution


Scope & Impact (Level III Expectations)

  • Owns lifecycle and sourcing strategy for key components or subsystems


  • Leads medium-complexity efforts with minimal supervision


  • Influences design and sourcing decisions that impact cost, risk, and product continuity


  • Serves as a go-to resource for component-related issues within sustaining engineering


Success Metrics

  • Successful mitigation of obsolescence and supply risks with minimal business disruption


  • Reduction in component-driven production or field issues


  • Timely qualification and deployment of alternate components


  • Improved BOM lifecycle health and data quality


  • Measurable contributions to cost savings and supply continuity


The Job Description is intended to be a general representation of the responsibilities and requirements of the job. However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.

The annual base pay for this position is: $128,000.00 - $192,000.00

F5 maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, geographic locations, and market conditions, as well as to reflect F5's differing products, industries, and lines of business. The pay range referenced is as of the time of the job posting and is subject to change.

You may also be offered incentive compensation, bonus, restricted stock units, and benefits. More details about F5's benefits can be found at the following link: https://www.f5.com/company/careers/benefits. F5 reserves the right to change or terminate any benefit plan without notice.

Please note that F5 only contacts candidates through F5 email address (ending with @f5.com) or auto email notification from Workday (ending with f5.com or @myworkday.com)

About F5 Networks

F5 Networks, Inc. is a global company that specializes in application services and application delivery networking (ADN). F5 technologies focus on the delivery, security, performance, and availability of web applications, as well as the availability of servers, cloud resources, data storage devices, and other networking components. F5 Networks is a leading provider of application delivery networking (ADN) technology that optimizes the delivery of network-based applications and the security, performance, and availability of servers, data storage devices, and other networking components. F5 Networks is a leading provider of application delivery networking (ADN) technology that optimizes the delivery of network-based applications and the security, performance, and availability of servers, data storage devices, and other networking components. F5 Networks is a leading provider of application delivery networking (ADN) technology that optimizes the delivery of network-based applications and the security, performance, and availability of servers, data storage devices, and other networking components.
Learn more about F5 Networks
Size
6,461 employees
Market Cap
$8.4 billion
Industry
Net Income
$296.5 million
Founded
1996
5 Year Trend
+5.2%
Revenue
$2.4 billion
NASDAQ

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