Director, Business Development, Transactions

Alnylam Pharmaceuticals•Cambridge, MA

7d•$204,000 - $276,000•Hybrid

About The Position

For the Director, Business Development Transactions role, we are seeking an experienced, high-performing, high-potential business development professional with strong business acumen and expertise in the biopharmaceutical industry. The ideal candidate brings experience across the full deal-making lifecycle, including opportunity evaluation, valuation, investment structuring, negotiation, and execution across a range of therapeutic areas, modalities, and stages of development. The Director, Business Development will play a key role in driving the company’s growth strategy by identifying, evaluating, and executing strategic collaborations. This role will work cross-functionally to assess external opportunities, lead deal execution, and contribute to long-term portfolio strategy. Success in the role requires excellent judgment, strong analytical capabilities, and ability to collaborate and influence internal and external stakeholders to drive and facilitate highly visible and time-sensitive BD projects. Reporting to the Vice President, Head of Business Development, Transactions, this position is hybrid and located in Cambridge, MA.

Requirements

Bachelor’s degree required, with preference for a life science or business discipline; MBA, JD, or other advanced degree preferred; scientific background or strong aptitude to rapidly understand complex science and emerging technologies strongly preferred.
At least 8-10+ years of relevant experience in the biopharmaceutical industry and related fields (including consulting or investment banking), including at least 3-5 years of direct business development experience, with a proven track record of leading deals. Detailed dealsheet required.
Strong understanding of the drug development process and biotechnology/pharmaceutical industry dynamics including market trends, regulatory environment, the macro deal making environment, and their business impact.
Ability to integrate scientific knowledge into business cases, including the analysis and interpretation of commercial forecasts, P&Ls, risk assessments, and other financial valuation methodologies, alongside strong term sheet development, project management, and contract negotiation skills.
Ability to synthesize complex information into clear strategic insights, frame strategic tradeoffs, and influence decision-making, as well as strong attention to detail and execution rigor.
Excellent communication, presentation, and problem-solving skills and executive presence, with the ability to influence stakeholders at all levels, internally and externally.
Highly collaborative, adaptable, and effective in a fast-paced, evolving environment with competing priorities.

Nice To Haves

Prior people management experience preferred.

Responsibilities

Identify and evaluate potential business development opportunities, including in-licensing, out-licensing, and strategic partnerships.
Lead and support strategic, financial, and commercial assessments of opportunities, including valuation and deal structuring.
Manage transaction execution, including due diligence coordination, term sheet development, and negotiation.
Develop materials for internal governance (e.g., investment committees) and senior leadership presentations.
Collaborate closely with internal stakeholders (R&D, Commercial, Legal, and Finance) to assess strategic fit and risks.
Maintain and expand external network with biotech/pharma companies, advisors, and other partners.
Support alliance management activities post-deal execution, as needed.