Clinical Contracts and Budgets Manager

| Hybrid
Employer Provided Salary: $110,000-$140,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
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About TrialSpark
On a mission to bring new treatments to patients faster and more efficiently
Founded in 2016, TrialSpark is a tech-driven Pharma company differentiated by radically more efficient drug development. TrialSpark has built a technology platform that optimizes all aspects of clinical drug development, enabling more efficient trial design, faster trial completion, and higher quality trial data.
The company acquires clinical-stage drugs from pharmaceutical and biotech companies and develops them faster, unlocking greater value per program and accelerating access to new treatments for patients. TrialSpark's current therapeutic areas of focus include rheumatology, dermatology, CNS, and cardiometabolic diseases.
About the Position
As a Clinical Contracts & Budgets Manager at TrialSpark, you will play a key role in advancing the startup of our studies. You will provide leadership during the clinical agreement and site level budget negotiation process to ensure compliant practices are followed when developing, negotiating and executing clinical agreements and investigator budgets. This position necessitates providing direction, through process improvement, interactive communication to set clear guidance, and stakeholder management. You will have the opportunity to grow the team as TrialSpark itself grows, and potentially manage others as part of the team growth.
This is an excellent opportunity to join a fast-growing startup, reinventing a broken industry from first principles. If you're interested in startups and operational excellence, come and problem-solve at TrialSpark.
Responsibilities

  • Independently negotiating and finalizing Clinical Trial Agreements (CTAs)
  • Developing study budgets utilizing benchmark costs and a fair market value perspective
  • Ensuring budget and contract change requests falling outside of agreed parameters are addressed in an effective and timely manner, to minimize delays and to facilitate the prompt conclusion of site contract and budget negotiations
  • Proactively identifying site contract related risks and potential roadblocks
  • Heavily contributing to building a new internal department with its own processes and cross-functional relationships
  • Liaising/collaborating with external sites and internal Clinical Trial Managers, Legal, Finance, and Quality teams
  • Continuously tracking trends in site responsiveness and performance in order to evaluate overall portfolio of sites
  • Leveraging historical data and negotiation techniques with sites to realize cost savings
  • Working closely with the Operations study team and playing a key role to ensure deliverables are in alignment with defined study timelines
  • Maintaining a positive image of TrialSpark through external communication and interaction with key stakeholders including study investigators
  • Stepping in to assist Operations teams (e.g. Clinical Trial Monitoring, Site Identification) as needed


About You

  • Organized, with strong attention to detail
  • Strong ownership mentality; solutions-oriented with a "first principles" approach to breaking down problems and coming up with new solutions
  • Data-driven approach to problem solving
  • Excellent external and internal communication and relationship building skills; ability to be a great cross-functional partner
  • Strong follow-through skills-not afraid to be dogged in chasing down answers
  • Resourceful and adaptable in areas of ambiguity, but unafraid to ask questions to gain context
  • Proven strong analytical, negotiating, conflict resolution, and problem-solving skills
  • Experience identifying and implementing best practices and contributing to continuous improvement for site budgeting and contracting
  • Proven ability to effectively present information verbally and in writing in a clear and concise manner


We offer competitive compensation because we want to hire the best people and reward them for their contributions to our mission. We pay all employees competitively relative to the New York City market, regardless of their location. In compliance with NYC's pay transparency law and in pursuit of pay equity and fairness, we publish salary ranges for all open roles at TrialSpark. The target salary range for this role is $110,000 - 140,000.
On top of base salary, we also offer equity, generous perks, location flexibility, and comprehensive benefits - learn more about them and our compensation philosophy here .
If this range doesn't match your expectations, please still apply because we may have something else for you.
You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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An Insider's view of Formation Bio

What’s the vibe like in the office?

The space is very open which makes it easy to collaborate and engage with different teams across the organization. People are very welcoming, supportive, and friendly. There is always a variety of different food and drinks available in the kitchen, in addition to foods that co-workers bring in for everyone to taste!

Joseph Frappaolo

IT Support Technician

What projects are you most excited about?

The project that excites me most is our new hire onboarding program because of the impact it will have on our company. Though we have a robust onboarding program in place already, we have the opportunity to think creatively about how to make the experience even better for our new hires, from the moment they accept our offer.

Erin Siegel

Senior People Operations Manager

How has your career grown since starting at the company?

I started working at Formation Bio in July of 2018. I joined the company as a Clinical Research Coordinator and was allowed to grow and adapt into new roles as the company's business model shifted. I transitioned into working as a Clinical Trial Associate after a couple of years, and now have over a year of experience as a Clinical Project Manager!

Gurpreet Singh

Clinical Project Manager

How has your career grown since starting at the company?

Formation Bio has given me the opportunity to take ownership over big projects and work streams, allowing me to have an impact on key functional business areas.

Maya Dongier

Senior Accounting Manager

What are Formation Bio Perks + Benefits

Formation Bio Benefits Overview

Formation Bio is nothing without its employees, so they are well taken care of! We offer comprehensive benefits that span from insurance to 401ks, with added perks like a pet-friendly office. Come meet our office dog, Rosie!

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Promote from within
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