Director, Strategic Sourcing

We’re Underdog.

The fastest-growing sports gaming company, ever. We’re here to make sports more fun. We pair intuitive user experiences with innovative game designs to build the best experience for sports fans in America.

Since 2020, we’ve launched four of today’s most widely played fantasy games, and built the Underdog Sportsbook entirely in-house with our own tech. We move fast, act with urgency, and create experiences you won’t find anywhere else.

With a $1.3 billion valuation and backing from investors like Spark Capital, SV Angel, Mark Cuban, Kevin Durant, Adam Schefter, and more, we’re just getting started.

At Underdog, we play and win as a team. We take chances and are unafraid to attack hard problems. We face challenges with ambition and optimism. We play for the love of the game.

We’re Underdog. And winning as an Underdog is just more fun.

Join us.

About the role

We’re looking for a leader to build our Strategic Sourcing function.  The ideal candidate will be responsible for designing and executing all aspects of our strategic sourcing and procurement approach. This individual will drive our procurement intake and approval process, key vendor negotiations, and manage renewals and vendor relationships. The ideal candidate will start as a team of one and roll up your sleeves to update our overall process and manage the day-to-day and build out a small team over time.

Strategic Impact

• Develop and execute sourcing and procurement strategy aligned with overall company goals.
• Identify opportunities for cost savings, risk reduction and supplier innovation.
• Establish policies and procedures for sustainable and ethical sourcing.

Operational Rigor

• Oversee sourcing processes, vendor negotiations and contract lifecycle management.
• Build strong vendor relationships and monitor performance, compliance, and risk.
• Monitor approval and payment of vendor invoices, ensuring compliance with contractual terms.

Leadership

• Partner with senior leadership across the company to communicate strategic sourcing and procurement’s value to the business.
• Drive adoption of procurement systems, automation and data analytics.
• Build, mentor and retain a high-performing team over time.

Who you are

• You have 8+ years of experience in strategic sourcing/procurement with 3+ years in supervisory capacity
• You hold a Bachelor’s degree or higher in Supply Chain, Business, Finance or a related field.
• Strong knowledge of strategic sourcing best practices, contract management software and spend analytics
• You have a demonstrated track record of creating scale and impact in a dynamic environment.
• You have top-notch stakeholder management skills and an ability to drive change in partnership with senior leaders from a variety of backgrounds.

Even better if you have

• Experience in high-growth consumer tech, fintech, or gaming industries
• Master’s degree in Supply Chain, Business, Finance or a related field.
• CPSM, CIPS, PMP certifications in procurement and project management.

Our target starting base salary range for this position is between $175,000 and $210,000, plus target equity. The starting base salary will depend on a number of factors including the candidate’s skills and experience, among other things.

What we can offer you:

• Unlimited PTO (we're extremely flexible with the exception of the first few weeks before & into the NFL season)
• 16 weeks of fully paid parental leave
• A $500 home office allowance
• A connected virtual first culture with a highly engaged distributed workforce
• 5% 401k match, FSA, company paid health, dental, vision plan options for employees and dependents

#LI-REMOTE

This position may require sports betting licensure based on certain state regulations.

Underdog is an equal opportunity employer and doesn't discriminate on the basis of creed, race, sexual orientation, gender, age, disability status, or any other defining characteristic.