Description
Formation Bio is seeking a Business Development Operations Associate to support its Business Development team. The successful candidate will own and maintain the Business Development process and its documentation, propose and implement improvements to Business Development processes, tools, and workflows, and identify, test, and implement AI tools and automations that improve Business Development outcomes.
Responsibilities:
- Own and maintain the Business Development process and its documentation as the team's work evolves
- Propose and implement improvements to Business Development processes, tools, and workflows, with review from Business Development leadership for changes that affect the team, and track whether they work
- Identify, test, and implement AI tools and automations that improve Business Development outcomes, and share what works with the team
- Build and maintain reporting and dashboards on deal flow, pipeline stage, and team activity for Business Development leadership
- Own the Business Development CRM, including data entry standards, upkeep, and data quality, and work with Tech and Product to improve its workflows
- Coordinate agendas, materials, and follow-ups for standing, triage, and ad hoc Business Development meetings
- Prepare first drafts of materials for Business Development leadership, the Board of Directors, quarterly town halls, and fund partners
- Support cross-functional Business Development initiatives by tracking milestones, owners, and follow-through
Requirements:
- Strong organization, attention to detail, and reliability on recurring deadlines
- Proficiency with the Microsoft Office suite, including Excel and PowerPoint
- An aggressive AI adopter who is eager to implement AI in ways that improve Business Development outcomes, and comfortable testing new tools and building automations
- Ability to design, improve, and clearly document processes
- Strong written and verbal communication, including producing polished materials for senior audiences
- Ability to manage competing requests and work cross-functionally with Product, Tech, BizOps, and R&D
- Interest in biotech and pharma business development
Experience and Education Requirements:
- 1-3 years of consulting, operations, or corporate strategy experience, preferably in the biotech/pharma industry; project management experience preferred
- Bachelor's degree required, with strong focus in Biology or related scientific discipline preferred