Associate Director, Search & Evaluation & Alliance Management

At RayzeBio, every day is an opportunity to ignite meaningful change. As a wholly-owned subsidiary of Bristol Myers Squibb, RayzeBio blends the nimble, pioneering spirit of an emergent biotech with the global expertise and resources of a leading innovator in oncology. Our mission is to develop transformative radiopharmaceutical therapies that offer new hope for patients living with cancer. Here, you’ll join a multidisciplinary team where your ideas are valued, your expertise is amplified, and collaboration is at the heart of everything we do. From day one, expect to make an immediate impact—on our science, on our teams, and most importantly, on patients. Learn more about RayzeBio: https://careers.bms.com/rayzebio/

RayzeBio, a Bristol Myers Squibb company, is a dynamic biotechnology company headquartered in San Diego, CA. The company is focused on improving survival of people with cancer by harnessing the power of targeted radioisotopes. RayzeBio is developing innovative drugs against targets of solid tumors. Led by a successful and experienced entrepreneurial team, RayzeBio aims to be the global leader in radiopharmaceuticals.

Role Summary

The Associate Director, Search & Evaluation and Alliance Management supports RayzeBio’s external business development strategy by sourcing and evaluating external opportunities and managing existing collaborations. This role partners with Discovery, Translational, Clinical Development and CMC to (1) maintain a clear view of the radiopharmaceutical landscape, (2) coordinate technical diligence during transactions, and (3) run effective partnership governance and execution for active alliances.

Key Responsibilities

Essential duties and responsibilities include the following.  Other duties may be assigned.

Search & Evaluation (S&E)

• Monitor the external landscape relevant to RayzeBio’s strategy (companies, programs, platforms, academic groups, investigators).

• Proactively source opportunities (collaborations, in-licensing, options, asset purchases, acquisitions), including outreach and first-pass screening.

• Maintain an opportunity pipeline with clear rationale, status, and next steps; keep internal stakeholders informed.

• Prepare concise internal readouts (scientific/clinical rationale, differentiation, key data, development status, fit, risks, and key open questions).

• Coordinate cross-functional input for evaluations (Discovery, Translational, Clinical, CMC, Regulatory, Safety, IP/Legal, Finance).

• Track competitor and partnering activity for targets of interest; summarize what matters for decision-making.

• Present opportunities and recommendations in internal forums with clear assumptions and trade-offs.

Diligence and transaction coordination

• Coordinate technical diligence for selected opportunities (request lists, Q&A tracking, agendas, meeting notes, action items, decision documents).

• Plan and run internal diligence meetings; ensure inputs are captured and reconciled across functions.

• Coordinate external diligence meetings; document outcomes and follow-ups.

• Partner with Legal and Finance during deal execution to ensure technical assumptions, risks, and deliverables are captured clearly in deal materials.

• Maintain complete records of evaluations, diligence outputs, and key decisions.

Alliance management

• Support or lead alliance management for active partnerships, depending on scope and complexity.

• Serve as a day-to-day point of contact for partner coordination; ensure timely, direct communication and follow-through.

• Plan and run governance meetings (e.g., Joint Steering Committees and sub-teams as applicable): set agendas, align pre-reads, document decisions, and track actions to completion.

• Coordinate execution of collaboration plans, timelines, and deliverables across internal teams and partners.

• Identify misalignment, risks, and scope changes early; propose options and escalate with context and recommended next steps.

• Support collaboration obligations in partnership with Legal/IP and functional leaders.

Tools, process, and documentation ownership

• Own and improve core BD/Alliance tracking tools and workflows (e.g., opportunity tracker/CRM, evaluation templates, diligence checklists, meeting note formats, decision logs).

• Build repeatable processes that make opportunity screening, diligence, and alliance execution easier to run and easier to audit.

• Ensure consistent documentation of conversations, presentations, and decisions across external stakeholders.

Cross-functional partnership and communication

• Act as a strategic partner to Discovery and Clinical teams by bringing external context and structured comparisons to internal assets.

• Translate technical information for different audiences (subject matter experts through non-experts).

• Facilitate cross-functional discussions with differing viewpoints; synthesize a clear recommendation and define next steps.

• Represent RayzeBio in initial external discussions with potential partners, collaborators, investigators, and acquisition targets; build and maintain constructive external relationships.

Qualifications

Education

• PhD in a relevant scientific discipline preferred (e.g., radiochemistry, chemistry, oncology, pharmacology, nuclear medicine, molecular imaging, or related fields).

• MS/MA considered with additional relevant experience.

Experience

• 6+ years of progressive experience in biotech/pharma in related roles (Discovery, Translational, Clinical Development, CMC, program leadership, or related roles).

• Experience in Search & Evaluation, technical diligence, business development, corporate strategy, or alliance management is preferred.

• Experience coordinating cross-functional workstreams and senior stakeholder communication is required.

• Radiopharmaceutical experience is preferred; strong ability to learn domain-specific topics quickly is required.

Skills

• Strong scientific and clinical reasoning; able to assess data quality, relevance, and gaps.

• Clear, concise writing and structured communication (slides/memos, meeting notes, action logs).

• Strong organization and project management across multiple parallel efforts.

• Sound judgment with sensitive information; consistent confidentiality.

• Technically savvy; comfortable using AI-enabled and data-driven tools to support landscape analysis, evaluation, diligence, and documentation.

• Collaborative working style; able to build strong internal working relationships and effective partner relationships.

Physical Demands

While performing the duties of this job, the employee is regularly required to sit, reach with hands and arms, and talk or hear. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision and distance vision. 

Work Environment

The noise level in the work environment is usually moderate.

#RayzeBio, #LI-Onsite

If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

San Diego - RayzeBio - CA: $182,753 - $221,454

The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee’s work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience. 

Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit https://careers.bms.com/life-at-bms/.
 

Benefit offerings are subject to the terms and conditions of the applicable plans in effect at the time and may require enrollment. Our benefits include:

• Health Coverage: Medical, pharmacy, dental, and vision care.

• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).

• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.

​Work-life benefits include:

Paid Time Off

• US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)

• Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays

Based on eligibility*, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.

All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.

*Eligibility Disclosure: The summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager. Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program.

RayzeBio and Bristol Myers Squibb

RayzeBio was acquired by Bristol Myers Squibb (BMS) in 2024 and is a wholly-owned subsidiary of BMS; however, RayzeBio will continue to operate as a standalone organization.

Supporting People with Disabilities

BMS and RayzeBio are dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

Candidate Rights

BMS and RayzeBio will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/

Data Protection

We will never request payments, financial information, or social security numbers during our application or recruitment process. Learn more about protecting yourself at https://careers.bms.com/fraud-protection/

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

If you believe that the job posting is missing information required by local law or incorrect in any way, please contact BMS at TAEnablement@bms.com. Please provide the Job Title and Requisition number so we can review. Communications related to your application should not be sent to this email and you will not receive a response.

R1599027 : Associate Director, Search & Evaluation & Alliance Management