Tactical Sourcing Manager
Job Description
Location: On site | Birmingham, AL, Charlotte, NC, Coral Gables, FL, Knoxville, TN, or Memphis, TN,
Summary:
The Tactical Sourcing Manager position reports to the Head of Strategic Sourcing and is a part of the CFO division at First Horizon Bank. The Tactical Sourcing Manager position works closely with Strategic Sourcing Managers on vendor agreements that need to be processed and renewed. The Tactical Sourcing Manager is responsible for effectively and efficiently managing and executing the renewal process for vendor contracts for First Horizon Bank. This role will serve as a key liaison between vendors, internal stakeholders, and the strategic sourcing team to support timely and compliant contract renewals.
Specific Responsibilities:
- Proactively track and manage all upcoming vendor contract renewals, ensuring no lapse in service to associates and our clients.
- Review renewal terms and conditions, verify pricing, and confirm service requirements with vendors and relevant stakeholders.
- Coordinate with departmental associates to gather renewal requirements and assess ongoing business needs.
- Prepare, process, and secure approvals for renewal documentation in accordance with internal policies and compliance standards.
- Communicate regularly with vendors to negotiate renewal terms, address questions, and resolve any discrepancies.
- Collaborate with legal, risk, and compliance teams to ensure all contract renewals are aligned with regulatory and policy guidelines.
- Maintain accurate records of all vendor renewal activities, including timelines, documentation, and communications.
Qualifications:
- Bachelor’s degree in Business Administration, Supply Chain Management, or related field preferred.
- 2+ years of experience in procurement, contract administration, or vendor management.
- Strong attention to detail and organizational skills.
- Excellent communication and negotiation abilities.
- Familiarity with contract management systems and procurement software a plus.
- Ability to collaborate effectively with associates across departments.
- Experience working in a banking or financial institution environment preferred.
Hours: Monday - Friday, 9am - 5pm
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
- Medical with wellness incentives, dental, and vision
- HSA with company match
- Maternity and parental leave
- Tuition reimbursement
- Mentor program
- 401(k) with 6% match
- More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Follow Us
Facebook
X formerly Twitter
LinkedIn
Instagram
YouTube
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Location: On site | Birmingham, AL, Charlotte, NC, Coral Gables, FL, Knoxville, TN, or Memphis, TN,
Summary:
The Tactical Sourcing Manager position reports to the Head of Strategic Sourcing and is a part of the CFO division at First Horizon Bank. The Tactical Sourcing Manager position works closely with Strategic Sourcing Managers on vendor agreements that need to be processed and renewed. The Tactical Sourcing Manager is responsible for effectively and efficiently managing and executing the renewal process for vendor contracts for First Horizon Bank. This role will serve as a key liaison between vendors, internal stakeholders, and the strategic sourcing team to support timely and compliant contract renewals.
Specific Responsibilities:
- Proactively track and manage all upcoming vendor contract renewals, ensuring no lapse in service to associates and our clients.
- Review renewal terms and conditions, verify pricing, and confirm service requirements with vendors and relevant stakeholders.
- Coordinate with departmental associates to gather renewal requirements and assess ongoing business needs.
- Prepare, process, and secure approvals for renewal documentation in accordance with internal policies and compliance standards.
- Communicate regularly with vendors to negotiate renewal terms, address questions, and resolve any discrepancies.
- Collaborate with legal, risk, and compliance teams to ensure all contract renewals are aligned with regulatory and policy guidelines.
- Maintain accurate records of all vendor renewal activities, including timelines, documentation, and communications.
Qualifications:
- Bachelor’s degree in Business Administration, Supply Chain Management, or related field preferred.
- 2+ years of experience in procurement, contract administration, or vendor management.
- Strong attention to detail and organizational skills.
- Excellent communication and negotiation abilities.
- Familiarity with contract management systems and procurement software a plus.
- Ability to collaborate effectively with associates across departments.
- Experience working in a banking or financial institution environment preferred.
Hours: Monday - Friday, 9am - 5pm
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
- Medical with wellness incentives, dental, and vision
- HSA with company match
- Maternity and parental leave
- Tuition reimbursement
- Mentor program
- 401(k) with 6% match
- More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Follow Us
Facebook
X formerly Twitter
LinkedIn
Instagram
YouTube
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
About First Horizon National Corporation
First Horizon is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately ~7,300 associates and ~418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.
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