Senior Director, Business Transactions

Summary

Join Formation Bio, a tech and AI-driven pharma company, as a Senior Director, Business Transactions. Reporting to the Chief Business Officer, you will lead deal structuring, negotiations, and execution across asset licensing, M&A, and venture financing. This role involves collaborating with various teams, conducting financial and risk assessments, and leveraging AI to enhance efficiency. You will play a critical role in shaping Formation Bio’s business strategy, ensuring transactions are strategically aligned and efficiently executed. The position requires extensive experience in biotech or pharma deal structuring and negotiation, strong financial acumen, and excellent communication skills. Formation Bio offers a competitive salary, equity, generous perks, hybrid flexibility, and comprehensive benefits.

Requirements

• Extensive experience (10+ years) in deal structuring and negotiation within biotech or pharma, including licensing, M&A, and venture financing, including at least five years as primary negotiator on deals
• Proven track record of leading complex transactions from inception to execution
• Strong financial and strategic acumen with the ability to assess deal economics and risk
• Deep understanding of legal frameworks governing biotech and pharma transactions
• Experience collaborating with internal teams and external advisors, including legal, financial, and regulatory professionals
• Excellent negotiation, communication, and relationship management skills
• Proficiency and demonstrated interest in deploying AI to continuously transform the business

Responsibilities

• Lead Deal Structuring & Negotiation: Drive negotiations for asset licensing, M&A, and venture financing, ensuring optimal deal terms and strategic alignment
• Strategic Business Partnerships: Collaborate closely with the Search & Evaluation team to assess opportunities and structure deals that maximize portfolio value
• Term Sheet & Contract Execution: Lead the drafting, negotiation, and execution of term sheets and contracts, working alongside internal stakeholders and legal counsel
• Financial & Risk Assessment: Conduct risk assessments and support financial due diligence to ensure transaction viability
• Cross-functional Collaboration: Partner with finance, R&D, BD, and legal teams to streamline transaction processes and execution
• Market & Competitive Analysis: Stay ahead of industry trends, competitor activity, and market dynamics to inform deal strategy
• AI & Automation Integration: Work with the technology team to develop AI-powered tools that enhance efficiency and precision in transaction processes

Preferred Qualifications

JD, MBA, or advanced degree in life sciences, finance, or a related field preferred

Benefits

• Salary ranges are informed in part by geographic location, in addition to other factors. The target salary ranges for this role are: NYC Metro Area, Boston Metro Area, SF Bay Area : $300,000 - $372,000 All Other Eligible Remote Locations : $285,000 - $353,000
• In addition to base salary, we offer equity, generous perks, hybrid flexibility, and comprehensive benefits
• Eligible Remote Locations: Alabama (AL), Arizona (AZ), California (CA), Connecticut (CT), Florida (FL), Georgia (GA), Illinois (IL), Indiana (IN), Maryland (MD), Massachusetts (MA), New Hampshire (NH), New Jersey (NJ), North Carolina (NC), Ohio (OH), Pennsylvania (PA), South Carolina (SC), Texas (TX), Utah (UT), Virginia (VA), and Washington, D.C. (DC)