Formation Bio

Formation Bio

Director/Senior Director, Product - Applied Data Science

New York, NY; Boston, MA · Director

Sponsorship not specified$245k-$307kDetected 2 days ago
Machine LearningSparkData ScienceBusiness DevelopmentValuationResearchCommunication

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odds of building a lasting career here

59Sponsors, lottery-bound
Cap-exempt (no lottery)0
Sponsors this role80
Entry-level history0
PERM / green-card track0
Lottery odds (Level IV)94
Fits your clock70

Sponsors, but it's cap-subject — you still face the weighted lottery (~61% per draw at Level IV). Good if you win; have a cap-exempt backup on your list.

Lottery odds assume a STEM candidate.

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About the role

  • About Formation Bio Formation Bio is a tech and AI driven pharma company differentiated by radically more efficient drug development.
  • The company is backed by investors across pharma and tech, including a16z, Sequoia, Sanofi, Thrive Capital, John Doerr, Spark Capital, SV Angel Growth, and others.
  • About the Position This role sits on Formation's Asset Acquisition & Diligence (AAD) team.

Responsibilities

  • Own the strategy for scaling Formation's data science work for asset acquisition and diligence. Decide which one-off analyses have generalization potential, in what form (landscape analysis vs. scaled tool), and how to measure success.
  • Direct a working team spanning Data Science and Engineering day to day. Set the roadmap and sequence work based on business impact, coordinating with functional leads on resourcing. Execute against that roadmap with clear lines to business impact.
  • Work directly with Data Science and Business Development as strategic partners. Translate scientific findings into a scaled roadmap, not by taking feature requests, but by understanding the science well enough to see generalization and alpha opportunities.
  • Guide the technical approach on methods being scaled, including statistical validity at exhaustive scale, pipeline design, and dataset evaluation. You need enough technical judgment to know when an approach is sound and when to push back.
  • Own the strategy for scaling Formation's data science work for asset acquisition and diligence.
  • you decide what's worth scaling based on business and scientific impact, not novelty or ease of building.

Requirements

  • You're as comfortable saying a finding shouldn't scale as you are greenlighting one that should.
  • You know when a statistical approach breaks down outside the single case it was built for.
  • Business fluency: you can discuss diligence findings, asset valuation, and scientific risk with senior leaders.
  • you can discuss diligence findings, asset valuation, and scientific risk with senior leaders.

Skills

  • Our Vision for AI in Pharma
  • Our Current Drug Portfolio
  • Our Technology & Platform

Compensation

  • Individual compensation is determined by several factors, including role scope, geographic location, and skills & experience.
  • In addition to base salary, we offer equity, comprehensive benefits, and generous perks.
  • $245,000 - $307,000

Company info

  • You can read more at the following links: - Our Vision for AI in Pharma - Our Current Drug Portfolio - Our Technology & Platform At Formation Bio, our values are the driving force behind our mission to revolutionize the pharma industry.
  • Every team and individual at the company shares these same values, and every team and individual plays a key part in our mission to bring new treatments to patients faster and more efficiently.
  • We are an equal opportunity employer and welcome candidates from all backgrounds.

Equal opportunity

  • 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.
  • Formation Bio is committed to building a diverse and inclusive team.
  • 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.
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