Operations Manager

Location
New York, New York - open to remote candidates based on East Coast or Midwest
Salary
Total compensation is made up of salary + bonus + equity + benefits.
Posted
May 06, 2021
Required Education
Bachelors Degree
Position Type
Part time

About Cambrian Biopharma

Cambrian Biopharma is a diversified R&D platform company built on a new model for drug discovery. We partner with leading academic institutions and biotech entrepreneurs all over the world to build start-up companies, providing capital and expertise to advance a pipeline of drug development programs with a shared theme.

Cambrian is unique among biotech companies due to our focus on a specific field of scientific research: the basic biology of aging, also known as geroscience. Drugs that target the Nine Hallmarks of Aging can be exceptionally powerful medicines that could extend the healthiest years of life. Our approach is to build a pipeline that cultivates multiple assets and takes a risk-based approach to drug development, maximizing the odds that Cambrian will create multiple life-changing therapeutics that receive regulatory approval.

Position Overview

Cambrian is looking for an Operations Manager who is commercially-oriented, organized, and solutions-driven. The Manager will serve as a project manager for the Operations team to help drive our early-stage scientific programs to success. This person will work with the Venture team and scientific founders to gain an intimate understanding of the assets and their experimental hypotheses and champion their operational aspects as the assets progress in their R&D phases. Key tasks include setting up operational infrastructure (e.g., HR, legal, branding, finance), tracking progress, producing financial and progress report materials, building a centralized repository of resources, and recommending strategic ways to enhance the value of our assets.

Responsibilities

Operations at the Asset Level

Operational Set-up & Management of Approved Assets

  • Establish & maintain corporate functions (e.g., Corporate Admin & Governance, Project Management, HR, Finance, Legal, Marketing, IP, IT, file storage, tax filings) that are both central and customized
  • Manage tasks / projects related to asset’s equity & investments (e.g. updating capitalization tables, obtaining 409 valuations, issuing stock certificates, etc)
  • Generate recommendations for process optimization & lead process implementation initiatives

Business / R&D Strategy & Planning

  • Build productive working relationships with venture teams, EVPs & founders to deeply understand investment thesis, hypotheses, milestones
  • Working alongside the scientific founders, ventures teams and other stakeholders, support the ideation & creation of business & R&D strategy and tactical plans (e.g. timelines & budgets)
  • Enhance and support growth, go-to-market, and exit plans for the asset
  • Perform ongoing relevant market & competitive research to inform valuation models, to inform stakeholders on impacts to business strategy / planning, and to monitor the exit landscape (e.g. market research, competitor analysis, IP / regulatory trends)
  • Provide input to valuation models for the asset, initiating revisions and updates as hypotheses progress
  • Generate recommendations for commercialization / IP / regulatory / other related go-to-market strategies to position the asset for best outcome

Project Management

  • Drive the execution of business strategy & plans by organizing / managing workstreams, projects & tasks across functions and across stakeholders and lead key meetings & governance forums (e.g. weekly team meetings, strategy meetings, board of directors meetings, etc)
  • Create tracking and reporting system of asset progress against defined hypotheses & milestones
  • Ensure asset finances & accounting are up-to-date and accurately reflect the assets current finances & budget vs spend
  • Prepare analysis, progress reports & presentations to senior management to aid in business decision-making at strategy meetings, board of director meetings, and other governance forums
  • Pending progress of defined milestones, make recommendations to adjust operational and funding plans accordingly and bring the stakeholders together to decide

Investor Relations

  • Working across stakeholders, lead the creation of investor ready data-room materials such as pitch decks, valuation models, market & competitive landscapes, summary of patent estate, etc. and maintain the data-room
  • Aid in & manage various fundraising / capital development efforts & workstreams (e.g. investor due diligence, investment closings, execution of investment documents & agreements, etc.)
  • Provide information & support the Cambrian investor relations team as needed when investor questions & requests re: the asset arise

Operations & Due Diligence at the Cambrian Level

  • Identify opportunities for process optimization at the Cambrian level and lead central initiatives
  • Continuously identify opportunities to and execute on ways to creatively support all our assets, e.g., additional funding sources such as grants, enhanced vendor relationships, central data analytics, external partnerships, conferences, publications and other new and improved processes
  • Join Deal teams to support due diligence in topics such as valuation, indication selection, IP, financial modeling/budgeting, development & business plans

Requirements

  • Bachelor's degree in science, business, or finance / accounting required; advanced degree in similar fields a plus
  • 3-5 years experience in biotech / pharma R&D / commercialization / business operations / business development either directly or through consulting preferable
  • Adept at building financial models; able to perform data analysis via Excel to inform business / financial decision making
  • Adept at building communication documents (e.g. pitch decks, progress reports, presentations, etc)
  • Exceptional project manager: understand interdependencies, create short- and long-term plans, monitor budgets, push forward progress and immaculate execution
  • Exceptional team & stakeholder management skills: being able to work with, bring together and foster strong working relationships with many different stakeholder types is a must
  • Entrepreneurial, keen attention to detail, solution-oriented
  • Ability to own and lead a project from start to finish (from ideation through implementation)
  • Ability to identify process / operational gaps & inefficiencies and propose / execute solutions. Please provide examples of process or operations implementation projects you have led
  • Deep desire to learn and grow in a rapidly scaling environment

Cambrian Offers

  • Opportunities to participate in the investment process
  • Exposure to the biotech company life cycle and industry
  • A dynamic, mission-driven, and entrepreneurial company culture
  • Access to our network of international decision-makers and investors
  • Competitive salary + equity
  • 12 company holidays and an unlimited PTO policy
  • Multiple health, vision, and dental insurance plans to choose from, including no-monthly-premium options supporting individuals and families through Justworks
  • Ancillary benefits, including pre-tax commuter benefits, access to a HealthAdvocate, a healthcare Flexible Spending Account (FSA), and a reimbursed One Medical membership