Director, Strategic Sourcing and Procurement

Overview 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 minimum and maximum projected annualized salary for this position is: $125,961.00 to $215,933.00. Additional compensation may be possible based on experience and skills.The success of this position is reliant on face-to-face interaction and requires 100% on-site work. Responsibilities The Director, Strategic Sourcing & Procurement is a strategic leader responsible for establishing, developing, and leading the Company's procurement and sourcing function. This individual will be responsible for developing enterprise procurement strategies, optimizing third-party spend, negotiating commercial agreements, strengthening supplier performance, and driving operational efficiency across the organization. The individual in this position is expected to serve as both a strategic leader and hands-on practitioner, leading complex sourcing initiatives, analyzing spending trends, negotiating key vendor agreements, and implementing technology-enabled procurement solutions. This individual will accomplish these duties while 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. This position reports to the Chief Financial Officer and works closely with executive management and senior leadership to support the Company's expense management, operational efficiency, vendor governance, and strategic growth initiatives. Critical for this role is 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. Qualifications Requirements:Bachelor’s Degree in Arts/Sciences (BA/BS) in Business, Finance, Accounting, Supply Chain Management, Economics, or related discipline10 years Progressive experience in procurement, strategic sourcing, vendor management, supply chain management, or related disciplines5 years Experience leading teams and managing enterprise procurement initiativesDemonstrated experience negotiating complex supplier and technology contractsExperience implementing procurement technologies, automation platforms, analytics solutions, or AI-enabled business toolsExperience developing supplier performance management and sourcing programsExperience collaborating across Finance, Legal, Information Technology, Information Security, Risk, and Operations functionsExperience within banking, financial services, or another regulated industryCertified Professional in Supply Management (CPSM)Certified Supply Chain Professional (CSCP) or other similar procurement certificationCertified Purchasing Manager (C.P.M) or other similar procurement certificationStrong understanding of procurement, strategic sourcing, contract negotiations, and supplier relationship managementStrong financial and analytical skills, including spend analysis, business case development, and cost optimizationAbility to leverage technology, data analytics, artificial intelligence, and automation to improve business processesUnderstanding of vendor governance, procurement controls, and banking regulatory expectationsExcellent communication and relationship management skills with the ability to influence executive leadership and key stakeholdersAbility to effectively manage competing priorities in a dynamic and growth-oriented environmentStrong project management, organizational, and problem-solving skillsDemonstrated ability to build and lead high-performing teamsPreferences:Master’s degree in Arts/Sciences (MA/MS) Advanced business or finance-related degreeCertified Project Management Professional (PMP)-PMI or other similar project management certificationDon't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren't hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.Job SummaryID: 2026-2303Location : Address: 7500 Old Georgetown RoadPosition Type: Full Time RegularBusiness Unit Description: Finance