Director, Procurement (Technology & Product)

Posted 21 Days Ago
Hiring Remotely in United States
Remote or Hybrid
Expert/Leader
Digital Media • Gaming • Information Technology • Software • Sports • Esports • Big Data Analytics
The Crown Is Yours
The Role
Lead procurement strategy and a team supporting Technology & Product. Partner with senior leaders to source and negotiate enterprise software, cloud, AI, and technology services. Develop commercial models, drive vendor consolidation and license optimization, apply analytics to sourcing decisions, and manage contractual, regulatory, and third-party risk while promoting procurement standards across the enterprise.
Summary Generated by Built In
At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It's transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We're not waiting for the future to arrive. We're shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together.
The Crown Is Yours
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.
The US base salary range for this full-time position is 162,400.00 USD - 202,900.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process. 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.

Skills Required

  • Bachelor's degree in Business Administration, Finance, Economics, Supply Chain, Information Systems, or related field
  • 10+ years experience in strategic sourcing, category management, procurement, vendor management, or related commercial function, with responsibility for technology/product categories
  • Proven experience leading teams and developing Procurement professionals in fast-paced, high-growth environments
  • Deep knowledge of technology commercial models including SaaS, 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 total cost of ownership, demand and utilization analysis, benchmarking, and unit economics
  • Ability to translate technology roadmaps, architecture considerations, and business requirements into practical sourcing and supplier strategies
  • Strong executive presence and ability to influence Vice President, Senior Vice President, and C-suite stakeholders
  • Experience leveraging analytics, AI, automation, and procurement technology to improve sourcing outcomes and controls
  • Experience in sports betting, iGaming, fantasy sports, technology, financial services, or other regulated industries
  • May be required to obtain a gaming license issued by appropriate state agency as a condition of employment

What the Team is Saying

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DraftKings Compensation & Benefits Highlights

  • Parental & Family Support Policies include 14 weeks of 100% paid parental leave for all global team members, lactation support, and family‑planning benefits spanning adoption, surrogacy, and fertility. Childcare assistance and fertility support partnerships are also highlighted.
  • Healthcare Strength Multiple medical plan options with day‑one eligibility are emphasized, alongside mental‑health resources such as Lyra counseling/EAP, Calm access, and virtual wellness programming. Dental and vision coverage are included as core benefits.
  • Retirement Support A U.S. 401(k) with employer match and financial‑wellness tools like Origin are cited as part of long‑term savings support. Equity and an employee stock purchase plan are also commonly listed to bolster financial security.

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The Company
HQ: Boston, MA
6,400 Employees
Year Founded: 2012

What We Do

It's simple, at DraftKings, we believe life is more fun when you're in on the action. For that reason, we’re committed to responsibly creating the world’s favorite games and betting experiences. We’re developing the most innovative and entertaining real money products and offers; to forever transform how people experience sports; to be a fully vertically integrated sports betting operator. It's our ultimate goal to build the best, most trusted, and most customer-centric destination for our players. We’re defining what it means to build and deliver the most extraordinary sports and entertainment experiences. Our global team is trailblazing new markets, developing cutting-edge products, and shaping the future of responsible gaming.

Why Work With Us

Here, “impossible” isn’t part of our vocabulary. You’ll face some of the toughest but most rewarding challenges of your career. They’re worth it. Channeling your inner grit will accelerate your growth, help us win as a team, and create unforgettable moments for our customers. Ready to own what’s next?

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Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Our flexible hybrid policy empowers team members to work where they’re most productive—whether at home or in our collaborative offices. We trust our teams to choose what works best for them to thrive and innovate.

Typical time on-site: Flexible
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