Lining up Markers within Audio...Possible?

Hey guys. Was wondering if this is possible.

Sometimes I’m working with two or more audio tracks. I’d love to be able to create markers in the audio or on the tracks and then line up all those markers. So, for instance, if I’m trying to line up two bits of a vocal track recorded at different times and sessions. I can go to vocal track one, find the sync point and mark it, go to vocal track 2 mark the sync point and then hit a key to line them up. Is this possible?