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First Horizon Bank · 1 day ago

Strategic Sourcing Manager

Lafayette, LA

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

First Horizon Corporation is a leading regional financial services company, dedicated to helping clients unlock their full potential. The Strategic Sourcing Manager will manage vendor relationships, lead sourcing initiatives, negotiate contracts, and ensure compliance with regulatory requirements while enhancing vendor performance and efficiency.

BankingFinanceFinancial ServicesRisk Management

H1B Sponsor Likely

Responsibilities

Lead cross-functional teams to identify, quantify, and implement processes with existing and new vendors for improved total cost of ownership in the assigned category

Lead strategic sourcing initiatives for the assigned category to meet business line objectives, deliver cost savings, improve efficiency, and ensure overall vendor value delivery

Lead negotiations with vendors for the procurement of goods and/or services in the assigned category

Serve as vendor relationship manager for assigned vendors for assigned category

Act as conduit between business lines and vendor community to foster innovation in offerings and business processes that result in greater quality and efficiency

Enhance and maintain controls to protect FHN’s customer data, reputation, and adhere to regulatory requirements

Maintain consistency and professionalism in working with vendors

Foster performance improvement from vendor and internal customers

Manage vendors in accordance with strategic objectives

Successfully manage the largest, most complex contract negotiations and purchases required by FHN (technology, information services, core banking products)

Qualification

Vendor managementContract negotiationsStrategic sourcingFinancial services experienceProject managementClient-service orientationExecutive presenceLeadership skillsCommunication skillsAttention to detail

Required

Bachelor's degree in related discipline

A minimum of ten years related experience

Significant experience negotiating technology related agreements, including application software, SaaS, professional services, etc

Strong knowledge of goods and or services in the assigned category

Strong understanding of procurement and vendor management practices

General business knowledge

Strategic/global/visionary/enterprise thinker

Critical thinking skills

Overall leadership adeptness

Relationship management skills

Comprehensive communication skills

Proven project management wisdom

High energy with a ‘take charge' and ‘make it happen' attitude

Strong leadership and mentoring skills

Strong written and oral communication skills

Client-service orientation

Skilled in establishing and maintaining a high level of client trust and confidence

Self-starter with high levels of attention to detail

Sophistication, communication, and interpersonal relationship skills to achieve results through credibility and earned influence

Ability to balance multiple priorities at once

Works independently on day-to-day tasks and able to initiate new assignments with minimal guidance

Executive Presence, meaning the ability to interact and present up to Director, Executive Management levels

Preferred

Financial Services environment experience preferred

Benefits

Medical with wellness incentives, dental, and vision

HSA with company match

Maternity and parental leave

Tuition reimbursement

Mentor program

401(k) with 6% match

Company

First Horizon Bank

Glassdoor3.6

First Horizon Bank provides personal, business, and corporate banking, and private client services, to families and businesses.

Founded in 1864

Raleigh, North Carolina, USA

5001-10000 employees

https://www.firsthorizon.com/pmc

H1B Sponsorship

First Horizon Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (36)

2024 (31)

2023 (15)

2022 (17)

2021 (19)

2020 (16)