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, a