Associate Director, Program Management — Asset Diligence & Integration

Formation Bio•Boston, MA

29d•$168,000 - $210,000•Hybrid

About The Position

Formation Bio is seeking an Associate Director, Program Management - Asset Diligence & Integration to partner with our Business Development (BD) and cross-functional teams across the end-to-end asset diligence lifecycle—from initial screen through confirmatory diligence and integration. This role will lead late-stage diligence efforts, support asset onboarding post-acquisition, and help build scalable program management infrastructure that enhances execution, visibility, and governance. Depending on portfolio needs, you may also flex into post-acquisition program management, driving near-term development milestones until steady-state ownership is established.

Requirements

6+ years in program or project management within the life science, biotech, or pharmaceutical industry.
Bachelor’s degree in life sciences (e.g., Biology Chemistry, Pharmacology), Health Sciences or Public Health, Engineering (e.g., biomedical, chemical, systems), Business Administration, or Management with strong healthcare/biotech context. Advanced degree preferred, in fields that bridge science and business, or certification in Smartsheet or Project management (e.g., PMP, CAPM, CSM, Lean Six Sigma).
Proven ability to integrate cross-functional inputs into actionable, business-driven plans.
Strong stakeholder management and influencing skills in a matrixed organization.
Proficiency with Smartsheet (certification or willingness to obtain) and advanced Excel/Google Sheets modeling.

Nice To Haves

Experience in Inflammation & Immunology, CNS, Cardiovascular/Metabolic, or Dermatology preferred.
Familiarity with term sheets, diligence workplans, asset integration, and regulatory/quality transitions a plus.

Responsibilities

Lead and manage the full diligence process from initial evaluation to pre-close.
Coordinate cross-functional workstreams (Clinical, CMC, Regulatory, Nonclinical, QA, Commercial, Finance, Legal/IP).
Maintain trackers, RAID logs, and timelines; deliver leadership updates and red-flag summaries.
Orchestrate expert calls, debriefs, and management meetings, capturing insights and follow-ups.
Drive scientific, technical, and commercial deep dives across functions.
Lead scenario planning for timelines, costs, and resources; partner with Finance to assess trade-offs and business impact.
Prepare executive-ready Go/No-Go materials outlining risks, mitigations, and term-sheet implications.
Build and refine playbooks, templates, and decision-making frameworks for diligence and integration.
Enhance Smartsheet-based dashboards, workflows, and reporting tools for portfolio governance.
Identify and implement AI and automation tools to streamline workflows and accelerate decision-making.
Drive cross-functional planning, risk management, and clear action tracking.
Support early-stage execution for newly acquired assets, coordinating integrated development plans until long-term teams are established.