Procurement Analyst
First Horizon Bank
Knoxville, TN
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JOB DETAILS
SKILLS
Analysis Skills, Ariba, Auditing, Banking Services, Brokerage, Capital Markets, Commercial Banking, Communication Skills, Contract Approval, Cost Control, Cross-Functional, Data Analysis, Data Quality, Detail Oriented, Documentation, Due Diligence, ERP (Enterprise Resource Planning), Expense Analysis, Facebook, Finance, Financial Services, Fixed Income Investments, Internal Audit, Leadership, Legal, Mortgage, Onboarding, Operational Control, Operational Strategy, Operational Support, People Management, Pivot Tables, Pricing, Private Banking, Problem Solving Skills, Process Improvement, Purchase Orders, Purchasing/Procurement, Regulations, Regulatory Compliance, Retail, Risk, Risk Management, SAP, Service Delivery, Small Business, Standard Operating Procedures (SOP), Standards Development, Supply Chain, Trend Analysis, Vendor/Supplier Evaluation, Vendor/Supplier Management, Vendor/Supplier Sourcing, Wealth Management
LOCATION
Knoxville, TN
POSTED
3 days ago
Hours: Monday through Friday, 8AM - 5PM
Summary
Responsible for supporting the end-to-end procurement process, with a strong focus on data analytics, requisition execution from approved contracts, and delivering exceptional service to internal business partners.
The ideal candidate will have experience operating in a controlled environment and an understanding of procurement practices that align with regulatory expectations, including third-party risk management, audit readiness, and policy compliance.
Essential Duties and Responsibilities
- Serve as a key member of the Procurement Operations function, supporting enterprise-wide procurement activities in a regulated financial institution
- Analyze procurement and spend data to identify trends, cost-saving opportunities, and process efficiencies while supporting reporting requirements for leadership and audit
- Create and manage purchase requisitions based on executed and approved contracts, ensuring alignment with contract terms, pricing, and internal controls
- Act as a primary point of contact for internal stakeholders, providing guidance on procurement policies, procedures, and systems
- Ensure all procurement activities comply with internal policies, as well as regulatory expectations related to third-party risk management (TPRM), vendor due diligence, and audit requirements
- Partner closely with Sourcing, Vendor Management, Legal, Risk, and Finance teams to ensure proper onboarding and ongoing management of third parties
- Maintain accuracy and integrity of procurement data within systems (e.g., Coupa, Ariba, SAP), supporting audit and regulatory reviews
- Assist in the preparation of documentation and reporting for internal audits, regulatory exams, and compliance reviews
- Identify and implement process improvements to enhance operational efficiency and control effectiveness
- Support the development and maintenance of standard operating procedures (SOPs) and internal controls
- Other duties as needed.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:
- Bachelor's degree in Business, Finance, Supply Chain, or a related field (or equivalent experience)
- Strong analytical and problem-solving skills with advanced proficiency in Excel (pivot tables, data analysis, reporting)
- Experience with procurement or ERP platforms (e.g., Coupa, Ariba, SAP) preferred
- Strong attention to detail with a focus on accuracy and compliance
- Excellent communication skills with the ability to interact effectively with cross-functional stakeholders
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
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