Business Development Associate

Business Development ManagerThis role keeps Business Development (BD) running and makes it run better. You will own the recurring workflows BD depends on, including project managing the end-to-end deal process across sourcing, diligence, negotiations, and contracting; the CRM, deal flow reporting, meeting cadence, the BD process, and the materials BD produces for leadership, the Board, and town halls. You will also propose and implement improvements, using AI wherever it can raise the speed and quality of BD's work. You will report to a Director, Business Development, and work closely with the broader BD team, Product, Tech, and BizOps.
ResponsibilitiesOwn and maintain the BD process and its documentation as the team's work evolvesPropose and implement improvements to BD processes, tools, and workflows, with review from BD leadership for changes that affect the team, and track whether they workIdentify, test, and implement AI tools and automations that improve BD outcomes, and share what works with the teamBuild and maintain reporting and dashboards on deal flow, pipeline stage, and team activity for BD leadershipOwn the BD CRM, including data entry standards, upkeep, and data quality, and work with Tech and Product to improve its workflowsCoordinate agendas, materials, and follow-ups for standing, triage, and ad hoc BD meetingsPrepare first drafts of materials for BD leadership, the Board of Directors, quarterly town halls, and fund partnersSupport cross-functional BD initiatives by tracking milestones, owners, and follow-throughSkills & QualificationsStrong organization, attention to detail, and reliability on recurring deadlinesProficiency with the Microsoft Office suite, including Excel and PowerPointAn aggressive AI adopter who is eager to implement AI in ways that improve BD outcomes, and comfortable testing new tools and building automationsAbility to design, improve, and clearly document processesStrong written and verbal communication, including producing polished materials for senior audiencesAbility to manage competing requests and work cross-functionally with Product, Tech, BizOps, and R&DInterest in biotech and pharma business developmentExperience & Education Requirements1-3 years of consulting, operations, or corporate strategy experience, preferably in the biotech/pharma industry; project management experience preferredBachelor's degree required, with strong focus in Biology or related scientific discipline preferredTotal Compensation Range: $106,000
- $132,500Individual compensation is determined by several factors, including role scope, geographic location, and skills & experience. Your offer will reflect where you fall within the range based on these considerations. In addition to base salary,

we offer
equity, comprehensive benefits, and generous perks. If the posted range doesn't match your expectations, we still encourage you to applyFormation Bio is prioritizing hiring in key hubs, primarily the New York City and Boston metro areas, with a hybrid model requiring 3 days per week in office. Applicants from the Research Triangle (NC) and San Francisco Bay Area may also be considered. Please apply only if you reside in these locations or are willing to relocate.
Formation Bio is committed to building a diverse and inclusive team. We are an equal opportunity employer and welcome candidates from all backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, ancestry, sex (including pregnancy, childbirth, breastfeeding, and related medical conditions), gender identity or expression, sexual orientation, age, disability, genetic information, marital status, military or veteran status, or any other characteristic protected by federal, state, or local law.
We've seen a rise in recruiting impersonation scams across the industry, where fake profiles pose as recruiters aiming to trick candidates into sharing personal and financial information through illegitimate interviews and job offers. All legitimate recruiting communications from Formation Bio will come from a @formation.bio email address. If you receive outreach from someone claiming to work at Formation Bio through any other domain or channel, please disregard it and do not share any personal information.