Business Development Operations Associate
Join Formation Bio as a Business Development Operations Associate to enhance BD processes and implement AI tools.
Posted by employer 5 days ago
First seen on Joblaze 3 days ago
Last verified on the company career page 1 day ago
Skills & Technologies
What you'll build
- Own and maintain the BD process and its documentation
- Propose and implement improvements to BD processes
- Identify, test, and implement AI tools and automations
- Build and maintain reporting and dashboards on deal flow
- Prepare first drafts of materials for BD leadership
Must have
- Strong organization and attention to detail
- Proficiency with the Microsoft Office suite
- Ability to design, improve, and clearly document processes
- Strong written and verbal communication
Nice to have
- Project management experience
- Interest in biotech and pharma business development
Practical constraints
- Hybrid model requiring 3 days per week in office
AI in the day-to-day
Propose and implement improvements, using AI wherever it can raise the speed and quality of BD's work.
Requirements
- Experience
- 1–3 years
- Education
- Bachelor's degree
Not disclosed in this posting: visa sponsorship.
Benefits
Joblaze summary
The Business Development Operations Associate at Formation Bio plays a crucial role in streamlining the business development process, managing workflows from deal sourcing to contracting. This position requires proficiency in Microsoft Office, a strong organizational skill set, and a keen interest in leveraging AI to enhance operational efficiency. Ideal candidates will have 1-3 years of experience in consulting or operations, preferably within the biotech or pharma sectors, and a background in a scientific discipline. The role involves collaboration with various teams, emphasizing the importance of cross-functional communication.
Joblaze insights
- Listed 3 days ago — first seen on Joblaze October 29, 2026. Last confirmed on Formation Bio's careers page October 31, 2026.
- Salary band is below the typical range for comparable tech roles (median ~$128,800).
- Starts above 84% of 143 comparable junior other roles in United States we track (median $90,000 across 66 companies).
- AI/ML appears in 2.4% of 498 comparable junior other roles in United States; Microsoft Office appears in 0.8% of 498 comparable junior other roles in United States.
Quick facts
- Is the Business Development Operations Associate role remote?
- It's hybrid — Formation Bio expects some on-site time in Boston, MA; New York, NY.
- What's the salary range?
- Formation Bio lists $106,000–$132,500 for this role.
- How much experience is required?
- 1–3 years of relevant experience for this Business Development Operations Associate role.
- Where is the role based?
- Formation Bio is hiring for this position in Boston, MA; New York, NY.
- What's the tech stack?
- Joblaze extracted these technologies from the posting: AI/ML, Excel, Microsoft Office, PowerPoint.
- What seniority level is this role?
- Formation Bio targets junior candidates for this position.
- Is this full-time or contract?
- Full-time for this Business Development Operations Associate role at Formation Bio.
From the original posting
About Formation Bio
About the Position
This 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.
Responsibilities
- Own and maintain the BD process and its documentation as the team's work evolves
- Propose and implement improvements to BD processes, tools, and workflows, with review from BD leadership for changes that affect the team, and track whether they work
- Identify, test, and implement AI tools and automations that improve BD outcomes, and share what works with the team
- Build and maintain reporting and dashboards on deal flow, pipeline stage, and team activity for BD leadership
- Own the BD 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 BD meetings
- Prepare first drafts of materials for BD leadership, the Board of Directors, quarterly town halls, and fund partners
- Support cross-functional BD initiatives by tracking milestones, owners, and follow-through
Skills & Qualifications
- 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 BD 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 & 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
Total Compensation Range: $106,000 - $132,500
Compensation Individual 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 apply!
Standard company text repeated across Formation Bio's postings is omitted here.