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Business Operations

About Chai Discovery

Chai Discovery is building AI foundation models to enable drug discovery projects for biotech and pharma. The company is backed with significant capital by top-tier investors, such as OpenAI, Thrive Capital, Dimension, Conviction, Lachy Groom, Amplify, and many more.

The company recently came out of stealth by launching their first model, Chai-1, the world's most performant model for molecular structure prediction. For example, on the Posebusters benchmark, Chai-1 achieves a success rate of 77%, while AlphaFold-3 from Google DeepMind achieves 76%.

Chai is operated by a highly experienced founding team, who are well known in the AI community for seminal research accomplishments at top AI labs. The team have run AI departments at top AI x Biology organizations, have exited a past company via IPO, and sold AI technologies to multiple top 10 pharma companies.

Position Overview

Chai Discovery is seeking an all-round business athlete to play a crucial role in company building. You will work closely with the founders and our leadership team on a wide range of tasks to scale the business, keep it running smoothly and execute on key initiatives.

This role is ideal for a dynamic, resourceful and scrappy self-starter who can operate at all levels, and is unafraid to dive headfirst into a workload that will change week by week. You should be equally comfortable working on high-level company strategy, sourcing customers, writing a product requirements doc, putting together a board deck, negotiating with vendors, managing the company finances, and more. You should have a “no task too big or too small” mindset, be comfortable with ambiguity, and willing to pick up new skills on the job.

Key Responsibilities

  • Company management: setting company goals, preparing OKRs, project management, preparing board materials, onboarding new hires

  • People: managing payroll, HR / employee experience, coordinating interviews, working with external legal counsel to secure visas

  • Customers: sourcing new customers, onboarding customers onto the product, reviewing contracts (in partnership with external counsel), building pricing frameworks, negotiating pricing, handling customer support, coordinating with the engineering team on feature requests and bug fixes

  • Finance: budgeting, reviewing financial statements, working with external vendors (such as accountants, fractional CFOs etc.)

  • Vendor management: sourcing counterparties, negotiating rates with vendors, onboarding new vendors

  • Events: planning dinners, conference sessions, offsites, and so forth

  • Sales: establishing the company brand, presenting us at conferences and industry events, managing social media and the company’s public presence, refreshing our brand identity

Qualifications

  • Undergraduate and/or graduate degrees, ideally in a STEM field

  • 5+ years in business operations, project management, consulting, investment banking, or similar roles, with a proven track record of managing diverse and cross-functional tasks.

  • Demonstrated ability to set and track company goals, OKRs, and manage complex projects with multiple stakeholders.

  • Cross-functional experience: exposure to multiple domains such as finance, HR, product management, and customer relations

  • Exceptional soft skills, with a track record of building strong relationships with customers, vendors, and internal teams.

  • Nice to have:

    • Prior experience in a deeply technical domain (especially biotech) is a positive but not a strict requirement

    • Prior experience scaling a startup from 10 -> 100 people

What We Offer

  • Highly engaging work at the frontier of AI-driven drug discovery that will fundamentally change how new drugs are created.

  • Opportunity to work with world-renowned leaders in the AI x biology ecosystem, contributing to impactful advancements in the field.

  • Highly competitive salary and equity package.

  • Comprehensive healthcare and wellness benefits.

  • Continuous learning and career growth opportunities.

  • Collaborative and supportive startup culture.

  • A high-energy team committed to increasing the efficiency of creating new medicines and positively impacting millions of lives.

Chai Discovery, Inc. is an equal opportunity employer. We encourage applications from candidates of all backgrounds and experiences to apply.

Average salary estimate

$125000 / YEARLY (est.)
min
max
$100000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Operations, Chai Discovery

Are you ready to dive into the exciting world of biotech and AI? Chai Discovery, based in the vibrant city of San Francisco, is on the lookout for a dynamic Business Operations professional to join our groundbreaking team. At Chai Discovery, we're not just building AI models; we're revolutionizing drug discovery with our state-of-the-art Chai-1 model, backed by industry giants like OpenAI and Thrive Capital. In this pivotal role, you'll work closely with our founders and leadership team, tackling a wide variety of tasks that will help scale our business and foster seamless operations. If you thrive in a fast-paced environment, excel at juggling high-level strategy with hands-on execution, and enjoy working on everything from managing company finances to negotiating with vendors, this is the perfect opportunity for you. We're looking for someone who has a “no task too big or too small” attitude, and isn’t afraid to roll up their sleeves and dive into ambiguous situations. Your responsibilities will range from setting company goals and managing project timelines to sourcing new customers and preparing essential board materials. With your background in business operations or project management and exceptional soft skills, you'll be an instrumental part of our mission to transform drug discovery, improve healthcare, and impact millions of lives. Join us at Chai Discovery and become a part of the healthcare revolution!

Frequently Asked Questions (FAQs) for Business Operations Role at Chai Discovery
What are the key responsibilities of a Business Operations role at Chai Discovery?

As a Business Operations professional at Chai Discovery, you'll wear many hats. Your key responsibilities include managing company operations, setting and tracking business goals, onboarding new hires, sourcing and onboarding customers, managing financial operations, vendor negotiations, and planning corporate events. You'll also engage in sales activities to establish our brand in the industry.

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What qualifications do I need for a Business Operations position at Chai Discovery?

To qualify for the Business Operations role at Chai Discovery, candidates should ideally hold undergraduate and/or graduate degrees in STEM fields and have at least 5 years of experience in business operations, project management, or similar fields. A proven track record in managing diverse projects, cross-functional experience, and exceptional soft skills are essential.

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What makes Chai Discovery an exciting place to work as a Business Operations professional?

Chai Discovery stands at the forefront of AI-driven drug discovery, offering unique opportunities to work with world-renowned leaders in the AI x biology domain. As a Business Operations professional, you will play a vital role in shaping the future of how new drugs are created, making your work not just challenging but incredibly impactful.

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How does the Business Operations role at Chai Discovery contribute to company growth?

The Business Operations position is central to Chai Discovery's growth journey. By managing projects effectively, sourcing new customers, and ensuring smooth operations across departments, you will directly contribute to scaling the business and achieving strategic goals that drive the company's vision forward.

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What type of skills is Chai Discovery looking for in a Business Operations employee?

Chai Discovery seeks candidates who possess critical thinking, strong communication, and relationship-building skills. A 'no task too big or too small' mindset is crucial, along with the ability to navigate ambiguity effectively. Experience in finance, HR, product management, and customer relations will also be valuable.

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Common Interview Questions for Business Operations
Can you describe your experience managing complex projects?

In answering this question, focus on specific examples of complex projects you've managed. Highlight how you set goals, coordinated with teams, and tracked progress. Mention any tools or methodologies you utilized, and emphasize the positive outcomes achieved.

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How do you prioritize tasks when faced with multiple responsibilities?

When discussing your prioritization strategies, explain how you assess urgency and importance. Utilize examples showing your ability to adapt plans based on shifting priorities, and describe any frameworks you apply to keep tasks organized.

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What steps do you take to source and onboard new customers?

Detail your approach to customer sourcing, including research methods and relationship-building techniques. Describe how you ensure a smooth onboarding process while addressing client needs and expectations effectively.

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How do you handle vendor negotiations?

When asked about vendor negotiations, explain your strategy for ensuring mutually beneficial agreements. Discuss your approach to researching vendor offerings, determining pricing structures, and building long-term partnerships.

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Describe how you manage payroll and employee experience.

Talk about your experience with payroll systems, attention to detail in financial matters, and your contribution to fostering a positive employee experience. Include any initiatives you've implemented that enhanced employee satisfaction.

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What is your approach to preparing board materials?

Explain your process for creating board materials, focusing on the importance of clear communication and data presentation. Highlight how you tailor information to meet the board's interests and facilitate productive discussions.

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Can you give an example of how you've contributed to a team goal?

Use the STAR method (Situation, Task, Action, Result) to provide a specific example of collaborating on a team goal, what role you played, and the strategies you employed to achieve a successful outcome.

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What tools or software do you find essential for business operations?

Identify tools and software you are proficient in, and explain how they enhance efficiency in business operations. Discuss how they help with project management, data analysis, and communication within teams.

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How do you adapt to changes in a fast-paced startup environment?

Share examples of your adaptability in previous roles. Highlight your ability to remain flexible, embrace change, and learn new skills quickly in response to shifting business needs.

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What do you know about Chai Discovery and its mission?

In answering this question, demonstrate your knowledge about Chai Discovery's focus on AI-driven drug discovery and its innovative model, Chai-1. Mention the impact of its technologies on the biotech industry and how you align with its mission.

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Full-time, on-site
DATE POSTED
January 8, 2025

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