Director, Strategic Sourcing

At Underdog, we make sports more fun.

Our thesis is simple: build the best products and we’ll build the biggest company in the space, because there’s so much more to be built for sports fans. We’re just over five years in, and we’re one of the fastest-growing sports companies ever, most recently valued at $1.3B. And it’s still the early days.

We’ve built and scaled multiple games and products across fantasy sports, sports betting, and prediction markets, all united in one seamless, simple, easy to use, intuitive and fun app. 

Underdog isn’t for everyone. One of our core values is give a sh*t. The people who win here are the ones who care, push, and perform. If that’s you, come join us.

Winning as an Underdog is more fun.

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
• Home office stipend
• 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.