formationbio

Director, Business Operations & Strategy

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At a Glance

Location
New York, NY; Boston, MA
Experience
7+ years
Compensation
alary range for this role is: $197,000 - $255,000. Salary ranges are informed b
Posted
2026-03-11T17:17:10-04:00

Key Requirements

Required Skills

ExcelSQL

Domain Knowledge

  • Banking
  • Biotech

Benefits & Perks

Health Insurance

y, we offer equity, comprehensive benefits, generous perks, hybrid flexibility, an

Requirements

Characteristics

You have a strong ability to drive business outcomes, by orienting yourself towards what is most valuable and getting things done

You reflect and learn quickly from your experiences and mistakes, and lead by example for your peers and your team

You take ambiguous mandates and chart a motivating path forward for the team and cross-function stakeholders

You can motivate, influence, and lead without explicit authority

You have a deep curiosity for AI and other new technologies, and you have demonstrated the ability to quickly learn new technologies on the job

Compensation & Benefits

Salary ranges are informed by a number of factors including geographic location. The range provided includes base salary only. In addition to base salary, we offer equity, comprehensive benefits, generous perks, hybrid flexibility, and more. If this range doesn't match your expectations, please still apply because we may have something else for you.

You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Responsibilities

We’re building a team of high-impact operators who will help build and scale the operational backbone of the company, solve new and ambiguous problems, and act as positive change agents to build the tech and AI driven pharma company of the future.

As a member of the Business Operations & Strategy team, you will lead both ongoing company processes and ad-hoc initiatives that drive the company vision and strategy forward.

Lead strategic planning and goal setting at the company, developing novel approaches to bridge the differences in planning cadence between the pharmaceutical and technology industries

Identify, frame, and solve our most important strategic and operational challenges; removing blockers and unproductive friction on the path towards our company vision

Lead cross-functional and strategic initiatives to create new processes and business functions as the company scales its portfolio; this could be building something from 0 to 1, or breaking down and rebuilding something that needs to change

About the Company

Formation Bio is a tech and AI driven pharma company differentiated by radically more efficient drug development.

Advancements in AI and drug discovery are creating more candidate drugs than the industry can progress because of the high cost and time of clinical trials. Recognizing that this development bottleneck may ultimately limit the number of new medicines that can reach patients, Formation Bio, founded in 2016 as TrialSpark Inc., has built technology platforms, processes, and capabilities to accelerate all aspects of drug development and clinical trials. Formation Bio partners, acquires, or in-licenses drugs from pharma companies, research organizations, and biotechs to develop programs past clinical proof of concept and beyond, ultimately helping to bring new medicines to patients. The company is backed by investors across pharma and tech, including a16z, Sequoia, Sanofi, Thrive Capital, Sam Altman, John Doerr, Spark Capital, SV Angel Growth, and others.

You can read more at the following links:

Our Vision for AI in Pharma

Our Current Drug Portfolio

Our Technology & Platform