Formation Bio · 21 hours ago
Director, Business Operations & Strategy
New York, NY
Full-time
Hybrid
Director/Executive
$197K/yr - $255K/yr
7+ years expFormation Bio is a tech and AI driven pharma company focused on revolutionizing drug development. The role involves leading strategic planning, solving operational challenges, and driving the adoption of new technologies to enhance business performance.
Artificial Intelligence (AI)BiotechnologyClinical TrialsHealth CareMedicalPharmaceutical
Responsibilities
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
Partner with functional leaders to define KPIs, implement business analytics, and make data-driven decisions to improve business performance
Prepare materials used by the executive team and board of directors to make strategic decisions; you’re not just creating content, but also providing a strong point of view
Drive the adoption of AI and other new technology in the most impactful ways for our business, which may require redesigning ways of working from first principles
Qualification
Required
7+ Years of professional experience in Business Operations & Strategy or highly relevant role
You began your career in management consulting, investment banking, investing or another high speed environment where you developed strong business acumen, analytical abilities, high quality execution, and executive communication skills
You have worked in high-growth environments where you have solved a variety of complex and ambiguous challenges and drove outsized outcomes
You have worked closely with c-suite executives
You have worked closely with diverse stakeholders across different business functions, including highly technical and/or scientific teams
You have experience within biopharma, biotech, or health care
You have strong verbal and written communication skills, experience presenting to and developing content for executive and c-suite audiences
You are highly proficient in using SQL and advanced Excel for business analytics and modeling, and have demonstrated the ability to quickly learn new technologies and tools on the job
You have strong attention to detail when it comes numbers and don't need someone to 'check your work' to get it right
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
Benefits
Equity
Comprehensive benefits
Generous perks
Hybrid flexibility
Company
Formation Bio
Formation Bio is a drug development company that strives to provide treatments to patients faster by reimagining clinical trials.
51-200 employees
Funding
Current Stage
Late StageTotal Funding
$528MKey Investors
Andreessen Horowitz
2024-06-26Series D· $372M
2021-09-30Series C· $156M
2018-10-15Series Unknown
Leadership Team
Benjamine Liu
CEO and Co-Founder
Linhao Zhang
Co-Founder and COO
Recent News
Spark Capital
2026-01-07
BioWorld Financial Watch
2025-12-19
2025-12-16
Company data provided by crunchbase