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Territory Business Manager - New York City

About SpringWorks Therapeutics:

SpringWorks is a commercial-stage biopharmaceutical company applying a precision medicine approach to developing and delivering life-changing medicines for people with severe rare diseases and cancer.

SpringWorks has a diversified targeted oncology pipeline spanning solid tumors and hematological cancers, including clinical trials in rare tumor types and highly prevalent, genetically defined cancers. SpringWorks’ strategic approach and operational excellence in clinical development have enabled it to rapidly advance its lead product candidates into late-stage trials and enter into multiple collaborations with innovators in industry and academia to unlock the full potential for its portfolio and create more solutions for patients with cancer. 

Your Role:

As a key member of the sales/commercial team, the Territory Business Manager (TBM) will lead sales at the territory level and serve as the primary liaison between customers and the SpringWorks organization. The TBM will deliver on revenue goals by executing the brand objectives through communication of approved clinical information, rigorous account planning and commercial team collaboration. The TBM will be responsible for appropriately promoting SpringWorks product(s) along with implementing programs and initiatives in accordance with the company and industry guidelines.

Location Classification – Field-Based

Officially classified as working as a member of field organization, with the expectation of this role to travel and engage and with external partners, collaborators, and other third parties regularly on behalf of SpringWorks Therapeutics. #LI-Remote

Essential Duties and Responsibilities:

  • Maintain an expert operating knowledge of all company policies and guidelines including but not limited to those addressing interactions with Healthcare Professionals, compliance and business conduct.
  • Ensure compliance with all Company, industry and government laws or regulations including guidelines pertaining to ethical business practices.
  • Accountable for overall territory revenue and customer support.
  • Achieve short and long-term sales objectives by identifying customer needs and providing solutions to create a professional relationship between the customer and SpringWorks in both the live and virtual setting, as well as, within the community/academic setting respectfully.
  • Build relationships with key HCP’s, physician practices, and hospitals/clinics, practice managers across various treatment and academic settings, including major cancer centers.
  • Be a territory expert having deep market, customer, product, and competitive insights. Understand the changing healthcare landscape and strategically adapt to succeed in a constantly evolving environment.
  • Successfully complete ongoing training and development to include product knowledge, selling skills, goal setting, planning and analysis, use of marketing tools and clinical information and sales competencies.
  • Strategically identify and enact ways to appropriately put patients and customers first, demonstrating behaviors and prioritizing those tasks which will enable delivery of medicines to patients with greater speed and increase the ability to help patients’ lives.
  • Demonstrate strong critical analytic and planning skills in reviewing data, understanding trends, preparing, communicating applicable plans and embracing the digital platforms/omnichannel strategies.
  • Fully participate in field coaching sessions, including receiving guidance, positive reinforcement, and corrective action where needed with a focus on the execution of accounts plans and competency development to ensure revenue targets are met.
  • Work collaboratively and manage ongoing communication and tactical coordination with field and HQ colleagues.
  • Work to support local/area KOL’s.
  • Perform other duties and responsibilities as assigned.

Education & Qualifications: 

  • Bachelor’s degree required (Advanced degree preferred)
  • 7+ years of pharmaceutical and/or biotech experience required
  • 5+ years proven Rare Disease sales experience in the pharmaceutical/ healthcare industry with demonstration of successful results
  • Oncology experience
  • Experience selling in a competitive market
  • Experience with virtual selling and track record of embracing technology
  • In-depth understanding of the Oncology landscape and market dynamics is highly desirable
  • Strong expertise in reimbursement and managed care knowledge
  • Possesses high integrity and exceptional work ethic. Fosters mutual trust and respect
  • Embody the SpringWorks Values to act with empathy and humility to drive a culture that takes ownership and accountability for their individual performance
  • Embody the SpringWorks Values to act with empathy and humility to drive a culture that takes ownership and accountability for their individual and teams’ performance.
  • Strong interpersonal communication skills to collaborate with colleagues, stakeholders, and vendors effectively and clearly in a remote hybrid work environment.
  • Ability to travel occasionally including overnight stay driven by business need.

Physical Requirements of Position:

  • A valid and active driver’s license
  • Position may require domestic travel up to 50% of time
  • Candidate must live within the identified territory #LI-Remote

Compensation & Benefits:

The expected salary range for this position is $185,000.00 to $210,000.00. Actual pay will be determined based on experience, qualifications, location, and other job-related factors permitted by law. A discretionary incentive compensation is available based on individual performance tied to MBO's and Sales Incentive Plan.

We offer best-in-class benefits for our team of SpringWorkers who work with urgency on behalf of patients suffering from devastating diseases. Interested in learning more, review additional information here Benefits.

DE&I:
We believe in fostering a culture of belonging. Explore how we are committed to DE&I

EEO Statement:
SpringWorks maintains an EEO Policy providing for equitable opportunities for employment and conditions of employment to all employees and applicants regardless of actual or perceived sex (including pregnancy, childbirth, breastfeeding or related medical conditions), gender, gender identity or gender expression, sexual orientation, partnership status, marital status, familial status, pregnancy status, race, color, national origin, ancestry, caste, religion, religious creed, age, alienage or citizenship status, veteran status, military status, physical or mental disability, past or present history of mental disorder, medical condition, AIDS/HIV status, sickle cell or hemoglobin C trait, genetic predisposition, genetic information, protected medical leaves, victims of domestic violence, stalking, or sex offense, political affiliation and any and all other characteristics or categories protected by applicable federal, state or local laws. SpringWorks treats all employees and applicants fairly in the selection process (and in other personnel activities) by giving all employees and applicants the same opportunities for employment. SpringWorks’ Equal Employment Opportunity Policy is intended to ensure that there are no barriers that would prevent members of a protected group from a fair and equitable opportunity to be hired, promoted, or to otherwise take advantage of employment opportunities.

This Equal Employment Opportunity Policy applies to all aspects of employment, including, without limitation, recruitment, hiring, placement, job assignment, promotion, termination, transfer, leaves of absence, compensation, discipline, and access to benefits and training. Any violation of this Policy will result in disciplinary action up to and including termination of employment.

Privacy:
Upon submission of this form I understand that SpringWorks Therapeutics is based in the United States and personal data submitted in the form will be transferred and accessed in the U.S.. Information about SpringWorks Therapeutics’ privacy practices can be found at Privacy Policy - Springworks (springworkstx.com).

Average salary estimate

$197500 / YEARLY (est.)
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$185000K
$210000K

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What You Should Know About Territory Business Manager - New York City, SpringWorks Therapeutics

Are you ready to make a difference in the world of biopharmaceuticals? SpringWorks Therapeutics is seeking a motivated and dynamic Territory Business Manager for New York City to join our passionate team. In this remote role, you'll be a vital part of our sales/commercial team, responsible for driving sales and fostering valuable relationships with healthcare professionals across various settings. Your expertise will help us promote our innovative products and services, and your strategic approach to account management will be crucial in meeting revenue goals. The ideal candidate will have at least 7 years of experience in the pharmaceutical industry, with a strong background in rare disease and oncology sales. We want someone who understands the intricacies of building genuine connections with key opinion leaders, practices, and hospitals. You'll work collaboratively with our marketing and clinical teams to effectively communicate the value of our therapies, adapt to the evolving healthcare landscape, and represent SpringWorks with professionalism and integrity. With a focus on patient needs and delivering solutions, this position is both exciting and impactful, allowing you to be a champion for patients with severe rare diseases and cancer. Your passion for helping others, coupled with our world-class training and support, will prepare you to exceed our expectations and thrive in an ever-changing market. Ready to take on this challenge? Join us at SpringWorks Therapeutics, where we're committed to unlocking the potential for better healthcare solutions, one relationship at a time!

Frequently Asked Questions (FAQs) for Territory Business Manager - New York City Role at SpringWorks Therapeutics
What are the responsibilities of a Territory Business Manager at SpringWorks Therapeutics?

The Territory Business Manager at SpringWorks Therapeutics is responsible for driving sales by establishing strong relationships with healthcare professionals and key opinion leaders in the territory. They must achieve revenue goals through effective account planning, communication of approved clinical information, and collaboration with the commercial team. The TBM is also accountable for ensuring compliance with company guidelines and industry regulations while actively engaging with external partners and adapting strategies to succeed in a competitive market.

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What qualifications are required for the Territory Business Manager role at SpringWorks Therapeutics?

Candidates for the Territory Business Manager position at SpringWorks Therapeutics should ideally possess a bachelor's degree, with an advanced degree preferred. They need at least 7 years of experience in the pharmaceutical or biotech field, with a minimum of 5 years in rare disease sales. Oncology experience, strong knowledge of reimbursement and managed care dynamics, and proficiency in both virtual selling and technology are essential for success in this role.

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How does the Territory Business Manager contribute to patient care at SpringWorks Therapeutics?

The Territory Business Manager plays a critical role in patient care by ensuring that innovative therapies from SpringWorks Therapeutics reach healthcare professionals who can prescribe them. By fostering relationships with key healthcare stakeholders and understanding patient needs, the TBM helps facilitate quicker access to treatments, ultimately improving outcomes for patients suffering from severe rare diseases and cancer.

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What does the training process look like for a Territory Business Manager at SpringWorks Therapeutics?

At SpringWorks Therapeutics, the training process for the Territory Business Manager is comprehensive and ongoing, focusing on product knowledge, selling abilities, and strategic planning. New hires can expect to participate in coaching sessions, receive mentorship from experienced colleagues, and utilize various marketing tools and clinical information to develop their skills and adapt to the dynamic healthcare environment.

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What types of sales strategies are employed by a Territory Business Manager at SpringWorks Therapeutics?

A Territory Business Manager at SpringWorks Therapeutics employs a variety of sales strategies tailored to meet the unique needs of their territory. These strategies include building strong relationships with key opinion leaders, leveraging digital platforms for outreach, utilizing data analytics to understand market trends, and developing tailored solutions to address healthcare professionals' needs in the oncology landscape.

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Common Interview Questions for Territory Business Manager - New York City
Can you describe your experience in rare disease sales relevant to the Territory Business Manager role?

In your answer, focus on specific instances where you successfully engaged healthcare professionals in the rare disease space, outlining your strategies and the outcomes achieved. Highlight your understanding of the unique challenges presented in this market and how you overcame them.

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How do you stay updated with the latest trends in the oncology market?

Explain your approach to continuous learning, including resources you utilize, such as industry publications, networking events, or conferences. Mention how keeping informed has positively impacted your sales strategies and customer interactions.

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What techniques do you use to build relationships with healthcare professionals?

Share specific relationship-building techniques you've employed, such as personalized communication, scheduling regular follow-ups, or offering valuable resources. Emphasize the importance of trust and maintaining rapport over time.

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How do you handle objections from healthcare providers?

Provide examples of objection-handling techniques that you have effectively used in the past. Focus on listening to the provider’s concerns, addressing them with factual information, and finding common ground to foster positive dialogue.

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Describe a time when you exceeded your sales targets in a competitive environment.

Share a detailed account of the situation, focusing on the strategies you implemented to overcome competition. Highlight any creative approaches or collaboration with your team that contributed to your success.

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How do you prioritize your tasks when managing multiple accounts?

Discuss your organizational strategies for managing multiple accounts effectively, such as implementing a CRM system, creating a prioritization matrix, or utilizing time management techniques. Stress the importance of being adaptable and responsive to shifting needs.

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What role does technology play in your sales approach?

Illustrate how you leverage technology, such as virtual selling tools or data analytics, to optimize your sales process. Provide examples of specific tools you’ve used and their impact on your success.

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Can you give an example of a successful collaborative effort with a marketing team?

Explain a situation where you worked closely with a marketing team on a campaign or initiative. Detail how collaboration enhanced the effectiveness of the campaign and contributed to achieving sales outcomes.

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How do you ensure compliance with industry regulations in your sales practices?

Discuss the importance of compliance in pharmaceuticals and describe specific practices you follow to maintain it, such as adhering to company guidelines, keeping abreast of recent changes in regulations, and ensuring transparent communication with healthcare professionals.

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What are your long-term career goals, and how does the Territory Business Manager position at SpringWorks align with them?

Articulate clear career goals and how the responsibilities and opportunities at SpringWorks Therapeutics will facilitate your growth. Mention aspects of the role that excite you and how they align with your passion for pharmaceutical sales and patient care.

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