Director, Strategic Sourcing and Procurement

EagleBank•Bethesda, MD

1d•$125,961 - $215,933•Onsite

About The Position

We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ – EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers. EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships. The success of this position is reliant on face-to-face interaction and requires 100% on-site work.

Requirements

Bachelor’s Degree in Arts/Sciences (BA/BS) in Business, Finance, Accounting, Supply Chain Management, Economics, or related discipline
10 years Progressive experience in procurement, strategic sourcing, vendor management, supply chain management, or related disciplines
5 years Experience leading teams and managing enterprise procurement initiatives
Demonstrated experience negotiating complex supplier and technology contracts
Experience implementing procurement technologies, automation platforms, analytics solutions, or AI-enabled business tools
Experience developing supplier performance management and sourcing programs
Experience collaborating across Finance, Legal, Information Technology, Information Security, Risk, and Operations functions
Experience within banking, financial services, or another regulated industry
Certified Professional in Supply Management (CPSM)
Certified Supply Chain Professional (CSCP) or other similar procurement certification
Certified Purchasing Manager (C.P.M) or other similar procurement certification
Strong understanding of procurement, strategic sourcing, contract negotiations, and supplier relationship management
Strong financial and analytical skills, including spend analysis, business case development, and cost optimization
Ability to leverage technology, data analytics, artificial intelligence, and automation to improve business processes
Understanding of vendor governance, procurement controls, and banking regulatory expectations
Excellent communication and relationship management skills with the ability to influence executive leadership and key stakeholders
Ability to effectively manage competing priorities in a dynamic and growth-oriented environment
Strong project management, organizational, and problem-solving skills
Demonstrated ability to build and lead high-performing teams

Nice To Haves

Master’s degree in Arts/Sciences (MA/MS) Advanced business or finance-related degree
Certified Project Management Professional (PMP)-PMI or other similar project management certification

Responsibilities

Establishing, developing, and leading the Company's procurement and sourcing function.
Developing enterprise procurement strategies.
Optimizing third-party spend.
Negotiating commercial agreements.
Strengthening supplier performance.
Driving operational efficiency across the organization.
Serving as both a strategic leader and hands-on practitioner.
Leading complex sourcing initiatives.
Analyzing spending trends.
Negotiating key vendor agreements.
Implementing technology-enabled procurement solutions.
Fostering strong relationships with business units, Legal, Accounts Payable, Information Security, Information Technology, Risk Management, and other stakeholders to ensure the Company realizes maximum value from third-party relationships while maintaining strong governance and regulatory compliance.
Building from ground up the procurement capabilities through automation, data analytics, artificial intelligence (AI), and digital workflow solutions to create a scalable and efficient procurement function.