Data Scientist, Portfolio Optimization
Posted
$154,500 – $202,000 USD
Tech Stack
Responsibilities
- Implement and maintain core portfolio engine: order management system, execution simulation layer, portfolio construction service, and performance tracking.
- Design risk frameworks to quantify exposure across a portfolio of drug development bets with radically different risk profiles, timelines, and failure modes.
- Run rigorous backtesting experiments with strict temporal constraints to evaluate Formation strategies.
- Integrate internal Formation data sources (clinical trial data, genomic evidence, real-world data) and proprietary tooling into portfolio analytics pipelines.
- Work with product and engineering teams to build dashboards and reporting that communicate portfolio performance, risk metrics, and strategy comparisons.
Benefits
- Equity
- Health Insurance
Culture
Mission-DrivenImpact-OrientedCross-Functional Teams
Requirements
Required: MS or PhD in a quantitative field (statistics, finance, physics, computational science, engineering, or related)
Regions: Us
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About Formation Bio
Industry: biopharma
Size: small
Formation Bio is a tech and AI-driven pharmaceutical company that aims to revolutionize drug development through radically more efficient clinical trials. They build technology platforms, processes, and capabilities to accelerate drug development and clinical trials.
View company profile →Compensation
Base salary: $154,500 – $202,000 USD
Equity: Equity