Manager Operations Strategy & Analytics | Formation Bio | $70k-$110k | Remote (US)

Manager Operations Strategy & Analytics | Formation Bio | $70k-$110k | Remote (US)

70,000 - 110,000 / year
Remote US
Application ends: July 9, 2024
Apply Now

Job Description

Highlights of the Job Offer

  • Position and Salary: Manager of Operations Strategy & Analytics at Formation Bio, with a target salary range of $132,000 – $172,000.
  • Remote Eligibility: The position is remote-friendly with location flexibility, catering primarily to the New York City market.
  • Company Overview: Formation Bio is redefining drug development with a tech-driven platform, focusing on accelerating clinical trials and drug delivery to market.
  • Role Impact: This role significantly contributes to speeding up the delivery of new treatments in areas like rheumatology, dermatology, CNS, and cardiometabolic diseases.
  • Key Responsibilities: Leading cross-functional development initiatives, synthesizing and analyzing critical operational data, and identifying process improvements.
  • Professional Experience: Requires strong project leadership with 4+ years in project management and a track record of impactful project implementation.
  • Technical Skills: Proficiency in analytics solutions, intermediate SQL, financial data modeling, and visualization tools like Looker, Tableau, or Power BI.
  • Communication Skills: Excellent written and verbal communication abilities are essential for managing multiple projects and interacting with cross-functional teams.
  • Additional Benefits: Includes equity, 401(k) with matching, unlimited vacation, paid time off, comprehensive health benefits, and flexible work arrangements.
  • Cultural and Ethical Values: Formation Bio values diversity and inclusion, offering employment without regard to race, color, religion, gender identity, or national origin.

Job Offer Details

About Formation Bio

At Formation Bio, we are building the pharma company of the future , redefining drug development with our proprietary, tech-driven platform, focused on bringing new treatments to patients faster and more efficiently.

At Formation Bio we license clinical stage drug assets and develop them in-house using our proprietary, technology-driven platform. Over the past few years, we have been able to significantly expedite the drug development process, evidenced by our acceleration of over 300 clinical trials and reducing trial durations by up to 50%. This innovation translates to getting life-saving drugs to market 1-3 years faster, where we specialize in partnering with and nurturing in-house clinical-stage drugs. Our diverse team of experts come from across multiple industries, combining the best of tech and pharma talent.

Join our culture of innovation where your work directly contributes to transforming patient care in areas such as rheumatology, dermatology, CNS, and cardiometabolic diseases. Our dynamic environment blends advanced technology with strategic drug development, speeding up the delivery of new treatments. Here, every role plays a part in our mission to bring new treatments to patients faster and more efficiently.

About the Position 

Formation Bio is looking for an Operations Strategy and Analytics Manager. Formation Bio’s OSA team is a mix of business intelligence and operational strategy.  This team is responsible for synthesizing, analyzing and visualizing critical Operational data ensuring teams can make the best decisions, as well as working across the entire Development Operations function to identify areas of process improvement and positive P&L impact. 

We are looking for someone who is data driven and is able to blend a strong operational mindset with analytical tools and frameworks to help us iterate as a Development Operations function. You are excited to dig deep into the data to uncover insights and equally excited to zoom out to enable cross functional teams to solve the most impactful problems.  You will work cross-functionally with members from Development Operations, Product and Data to build an operational roadmap to improve our clinical trial processes. 

You are a self-serve player; able to take broad business questions, gather appropriate stakeholders and data, quickly isolate and model key insights, visualize results and effectively communicate actionable recommendations. You should be able to demonstrate a willingness to work in a dynamic environment while balancing competing projects. You are able to establish and maintain effective working relationships with cross functional stakeholders. You have excellent written and verbal communication skills, technical experience and an ability to create and manage complex operational models in a variety of tools.

This is an individual contributor manager position with the growth potential of managing one or two analysts in the future.


Lead and implement cross functional development initiatives (OKRs) end to end in collaboration with leaders from Development Operations. 

  • Independently come up with process improvement solutions with SMEs or create frameworks for others to use to problem solve
  • Partnering with Development Operations stakeholders to create, define, analyze and report on business health via Key Performance Indicators (KPIs) and metrics

Translate business requirements into technical requirements and partner with data entities or teams like Data Governance, Data Platform, Clinical Data and Programming to implement the data and reporting solution required in a timely manner.

  • Translating quarterly company and project specific goals into monthly and weekly project milestones for self and team

About You 

  • Strong Project leadership. 4+ years experience of project management or clear examples of highly impactful project implementation in a highly matrixed organization, where he/she had to interact with people from different functions/people, many of whom have more seniority
  • Experience working with various cross functional stakeholders on tight and fluid timeliness 
  • Excellent communication, organizational and prioritization skills. Ability to manage multiple projects simultaneously 
  • Ability to operate independently, identify and surface problems and devise solutions
  • Deep analytical experience. 3+ years of hands-on experience implementing analytics solutions. Intermediate SQL, financial data modeling, and looker/tableau/powerPI
  • Strong analytical mindset. You know that data should be leveraged to make the best business decisions possible

We offer competitive compensation because we want to hire the best people and reward them for their contributions to our mission. We pay all employees competitively relative to the New York City market, regardless of their location. In compliance with NYC’s pay transparency law and in pursuit of pay equity and fairness, we publish salary ranges for all open roles at Formation Bio. The target salary range for this role is $132,000 – $172,000.

On top of base salary, we also offer equity, generous perks, location flexibility, and comprehensive benefits – learn more about them and our compensation philosophy here.

If this range doesn’t match your expectations, please still apply because we may have something else for you.


You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.


💰 401(k)

🌎 Distributed team

⏰ Async

🤓 Vision insurance

🦷 Dental insurance

🚑 Medical insurance

🏖 Unlimited vacation

🏖 Paid time off

📆 4 day workweek

💰 401k matching

🏔 Company retreats

🏬 Coworking budget

📚 Learning budget

💪 Free gym membership

🧘 Mental wellness budget

🖥 Home office budget

🥧 Pay in crypto

🥸 Pseudonymous

💰 Profit sharing

💰 Equity compensation

⬜️ No whiteboard interview

👀 No monitoring system

🚫 No politics at work

🎅 We hire old (and young)


New York City, New York, United States