Director of Ventures

Schrödinger seeks a Director of Ventures to join us in our mission to improve human health and quality of life through the development, distribution, and application of advanced computational methods.
Schrödinger is a publicly-traded company at the cutting edge of computer-aided drug discovery and materials science. Our software suites continue to revolutionize the way research is conducted - FEP+, Glide, WaterMap, Maestro, and LiveDesign are just a few examples of the programs we've created.
As a member of our Business Development and Finance team, you'll play a critical role in growing and refining our ventures pipeline, entering into new ventures and managing our existing venture positions. In collaboration with R&D encompassing both therapeutics and materials science, Finance, Legal, Corporate Communication and Investor Relations, you'll navigate complicated deal structures to broaden the aperture of our partnering universe, expanding beyond traditional pharma and other larger partners. This role will report to the Senior Vice President, Strategic Finance and Head of Corporate and Business Development.
Who will love this job:

• A seasoned venture strategist who can clarify the extent of our success to public and private investors
• A biopharma veteran who's excited to explore non-traditional research methods and the business opportunities
• A skilled negotiator who can strike deals that benefit Schrödinger
• An excellent verbal and written communicator who enjoys interdisciplinary and cross-functional collaboration
• A team player that can work cross-functionally within the finance department and across the organization

What you'll do:

• Partner with scientific leads to negotiate and structure deals
• Proactively engage with investors, including at conferences and in response to inbounds (i.e., search and evaluate)
• Lead the harmonization of our venture approach, leveraging lessons learned and establishing best practices for transactions
• Explore innovative deal structures and their applicability to Schrödinger
• Manage existing assets, including equity monetization, capital deployment into financing rounds, and royalty monetization

What you should have:

• At least 10 years of venture capital experience in the pharmaceutical industry
• An MBA or equivalent business background

Pay and perks:
Schrödinger understands it's people that make a company great. Because of this, we're prepared to offer a competitive salary, stock options, and a wide range of benefits that include healthcare (with dental and vision), a 401k, pre-tax commuter benefits, a flexible work schedule, and a parental leave program. We have catered meals in the office every day, a company culture that is relaxed but engaged, and over a month of paid vacation time. Our Administrative and Human Resources departments also plan a myriad of fun company-wide events. New York is home to our largest office, but we have teams all over the world. Schrödinger is honored to have been selected as one of Crain's New York Best Places to Work for the past three years running.
Estimated base salary range: $225,000 - $300,000. Actual compensation package is dependent on a number of factors, including, for example, experience, education, degrees held, market data, and business needs. If you have any questions regarding the compensation for this role, do not hesitate to reach out to a member of our Strategic Growth team.
Sound exciting? Apply today and join us!
As an equal opportunity employer, Schrödinger hires outstanding individuals into every position in the company. People who work with us have a high degree of engagement, a commitment to working effectively in teams, and a passion for the company's mission. We place the highest value on creating a safe environment where our employees can grow and contribute, and refuse to discriminate on the basis of race, color, religious belief, sex, age, disability, national origin, alienage or citizenship status, marital status, partnership status, caregiver status, sexual and reproductive health decisions, gender identity or expression, sexual orientation, or any other protected characteristic. To us, "diversity" isn't just a buzzword, but an important element of our core principles and key business practices. We believe that diverse companies innovate better and think more creatively than homogenous ones because they take into account a wide range of viewpoints. For us, greater diversity doesn't mean better headlines or public images - it means increased adaptability and profitability.