We study conformal tractor bundles from an extrinsic viewpoint, relating them to codimension two spacelike immersions into Lorentzian manifolds. We show that, at least locally, every Riemannian conformal structure admits a natural realization of its normal conformal tractor bundle as the pullback of the tangent bundle of a suitably constructed Lorentzian ambient space. Finally, we reformulate the classical equations characterizing parallel sections of the normal conformal tractor bundle in this extrinsic setting, showing that they can be expressed entirely in terms of the geometry of the associated spacelike immersion. This extrinsic perspective provides additional geometric insight into parallel standard tractors and conformal holonomy.