DraftKings

Director, Procurement (Technology & Product)

DraftKings$150K — $180K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Finance, Economics, Supply Chain, or related field.
  • 10+ years in strategic sourcing, procurement, or a commercial function with tech category focus.
  • Experience leading teams in a high-growth environment.
  • Expertise in technology commercial models like SaaS and enterprise licensing.
  • Proven track record in complex negotiations and category strategy development.
  • Strong financial and analytical skills with a grasp of total cost of ownership and benchmarking.
  • Ability to convert tech roadmaps into effective sourcing strategies.
  • Strong executive presence for influencing senior stakeholders.

Responsibilities

  • Lead and grow a high-performing Procurement team focused on Technology & Product.
  • Develop procurement strategy and sourcing roadmap for various tech categories.
  • Collaborate with senior leaders to align procurement strategies with business objectives.
  • Manage complex sourcing initiatives, including key software and cloud negotiations.
  • Create commercial structures that enhance scalability and accountability.
  • Use data analysis to identify optimization opportunities in procurement processes.
  • Coordinate with internal stakeholders to manage risks while maintaining operational speed.

Benefits

  • Opportunity to work at a publicly traded technology company.
  • Guidance provided in obtaining necessary gaming licenses if applicable.
  • Engagement with a diverse range of technology and product categories.
Full Job Description
As Director of Procurement, you'll lead a team responsible for procurement strategy supporting Technology & Product. You will partner with senior leaders to develop commercial strategies that support product innovation, platform scalability, operational resilience, and responsible technology investment. By connecting technology roadmaps, consumption insights, and market intelligence, you'll help teams move quickly while delivering measurable value and improving business outcomes.

What You'll Do
  • Lead and develop a team of Procurement professionals supporting Technology & Product, setting clear priorities, building category expertise, and fostering a high-performance culture.
  • Own the procurement strategy, supplier ecosystem, and sourcing roadmap across enterprise software, SaaS, cloud and infrastructure, hardware, telecom, data, AI, developer tools, cybersecurity, and technology services.
  • Partner with executive and senior leaders across Technology, Product, Engineering, Data, Information Security, IT, Finance, and Legal to align procurement strategies with product roadmaps, architecture decisions, investment priorities, and growth plans.
  • Lead complex sourcing initiatives and negotiations, including strategic software renewals, cloud and consumption commitments, enterprise licensing, AI and data arrangements, and global technology services.
  • Develop commercial structures that improve scalability, flexibility, accountability, and value, including licensing models, consumption commitments, unit-based pricing, ramp schedules, price protections, service levels, and performance measures.
  • Apply spend, demand, utilization, benchmark, and supplier-market analyses to identify consolidation, competitive sourcing, license optimization, demand-management, and supplier-rationalization opportunities across the portfolio.
  • Coordinate with Legal, Finance, Information Security, Privacy, Compliance, and Technology stakeholders to address contractual, regulatory, cybersecurity, and third-party risks without compromising speed or business continuity.
  • Represent Procurement as a strategic advisor to Technology & Product leadership while advancing enterprise-wide procurement standards, tools, and ways of working.


What You'll Bring
  • Bachelor's degree in Business Administration, Finance, Economics, Supply Chain, Information Systems, or a related field.
  • 10+ years of experience in strategic sourcing, category management, procurement, vendor management, or a related commercial function, including significant responsibility for technology or product categories.
  • Demonstrated experience leading teams and developing Procurement professionals in a fast-paced, high-growth environment.
  • Deep knowledge of technology commercial models, including SaaS and enterprise licensing, cloud and consumption-based pricing, data, AI, infrastructure, hardware, telecom, cybersecurity, and professional services.
  • Proven success leading high-value, complex negotiations and building category strategies for business-critical technology suppliers.
  • Strong financial and analytical acumen, including experience with total cost of ownership, demand and utilization data, benchmarking, and unit economics.
  • Ability to translate technology roadmaps, architecture considerations, and business requirements into practical sourcing and supplier strategies.
  • Strong executive presence with the ability to influence and build credibility with Vice President, Senior Vice President, and C-suite stakeholders.
  • Experience leveraging analytics, AI, automation, and procurement technology to improve sourcing outcomes, controls, and stakeholder experience.
  • Experience in sports betting, iGaming, fantasy sports, technology, financial services, or another regulated industry is a plus.


Join Our Team

We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.

If this job posting does not include compensation information, this is due to a technical error that our team is working to resolve! We will repost this position with compensation information as soon as it is resolved. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

About DraftKings

DraftKings is an American daily fantasy sports contest and sports betting operator. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League soccer, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts and Tennis. In August 2018, DraftKings launched DraftKings Sportsbook in New Jersey becoming the first legal mobile sports betting operator in the state. Since launching in New Jersey, DraftKings has opened mobile sports betting operations in Indiana, Pennsylvania, West Virginia and opened in New Hampshire December 30, 2019 after reaching contract with the New Hampshire Lottery. Retail sports betting is available in Iowa, Mississippi and New York. DraftKings Sportsbook mobile and retail sports betting products allow bettors in each state engage in betting for most major U.S. and international sports. As of April 2016, the majority of U.S. states consider fantasy sports a game of skill and not gambling. In November 2016, FanDuel and DraftKings, the two largest companies in the daily fantasy sports industry, reached an agreement to merge. However the merger was terminated in July 2017 due to it being blocked by the Federal Trade Commission as the combined company would have controlled a 90 percent of the market for daily fantasy sports. As of July 2017, DraftKings had eight million users.
Learn more about DraftKings
Size
3,400 employees
Market Cap
$4.9 billion
Industry
Net Income
-$577.9 million
Revenue
$292.3 million
NASDAQ

Similar Jobs

More Jobs at DraftKings

More Enterprise Technology Jobs

Find similar Director, Procurement (Technology & Product) jobs: