Role at a glance
- Salary
- Not Disclosed
- Location
- Quincy, Massachusetts, United States
- Employment
- Full-time
- Experience
- 10+ years of equivalent relevant experience
- Education
- Bachelor’s degree in Finance, Accounting, Economics, Computer Science, Engineering, Information Systems, or a related field preferred
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Role Summary
The Vice President, FinOps for AI will establish and lead an enterprise discipline for governing, measuring, forecasting, allocating, and optimizing AI spending. The role will connect financial analysis with engineering and business decisions, and report on AI costs, risks, and opportunities to senior leadership.
What You'll Do
- Establish the scope, taxonomy, methodology, operating model, governance, controls, and performance measures for enterprise FinOps for AI.
- Build an integrated view of AI costs and consumption, define unit economics, and connect spending to products, services, business...
- Lead budgeting, forecasting, scenario modeling, variance analysis, and allocation, showback, and chargeback standards for AI investments.
- Identify and deliver cost optimization opportunities, and track and validate realized savings and cost avoidance.
- Embed cost estimation, financial guardrails, and onboarding guidance into AI intake and development workflows.
- Define reporting and tooling requirements and communicate AI spend, risks, trade-offs, and opportunities through executive showback,...
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View full postingQualifications
10+ years of equivalent relevant experience. Practical FinOps or cloud financial management experience; understanding of AI pricing and consumption drivers; experience building an operating discipline, analyzing cost and usage data, and communicating technical cost drivers and business trade-offs. Significant experience across FinOps, cloud financial management, technology finance, or cloud and AI engineering. Demonstrated success managing or optimizing cloud spend at scale across AWS, Azure, or GCP; experience with budgeting, forecasting, allocation, tagging, showback or chargeback, optimization, and cloud commitment management; proficiency with cost and usage data and reporting platforms.
Required
- Bachelor’s degree in Finance, Accounting, Economics, Computer Science, Engineering, Information Systems, or a related field preferred
- Significant experience across FinOps, cloud financial management, technology finance, or cloud and AI engineering
- Demonstrated success managing or optimizing cloud spend at scale across AWS, Azure, or GCP
- Experience with budgeting, forecasting, allocation, tagging, showback or chargeback, optimization, and cloud commitment management
- Proficiency working with cost and usage data and reporting platforms such as Power BI, Microsoft Fabric, Tableau, or comparable cloud...
Preferred
- A large, regulated enterprise background
- Exposure to Databricks, Snowflake, OCI, or similar platforms is beneficial
- Direct experience with AI or machine-learning economics, such as model and inference costs, GPU or accelerated compute, AI gateways,...
- Familiarity with the FinOps Framework, FOCUS cost data standards, or TBM taxonomy; FinOps or relevant cloud certification preferred
Original job description
Content provided by the employer
Original job description
Content provided by the employer
The Vice President, FinOps for AI will establish and lead the enterprise FinOps discipline for artificial intelligence. The role will provide financial governance, cost transparency, forecasting, allocation, optimization, and reporting across generative AI platforms, foundation models, AI gateways, agentic solutions, copilot technologies, accelerated compute, and embedded AI services. Acting as the strategic link among Technology, Engineering, Finance, Procurement, and business leadership, this leader will help ensure that AI innovation delivers measurable value with clear financial accountability.
Who We Are Looking For
Reporting to the Global Technology Services Cloud FinOps Operations Lead within the Technology Business Office, the candidate will define how Street governs, measures, forecasts, allocates, and optimizes AI spend across the enterprise.
This is a hands-on practitioner-leader role. The successful candidate will build the methodology, analyze cost and usage data, partner with engineering and application teams at the point of consumption, and present a clear view of AI economics to senior leadership. The role requires sound judgment and adaptability as taxonomies, tooling, ownership models, and vendor pricing continue to evolve.
Why This Role Is Important To Us
AI adoption and spending are growing rapidly and span cloud services, model providers, gateways, data platforms, accelerated compute, and software licensing. Because these services use pricing models that differ from traditional infrastructure, disciplined financial governance is essential to maintain transparency, manage risk, and guide investment decisions.
This role will create clear accountability for AI costs, establish unit economics before consumption patterns become entrenched, and ensure new workloads are estimated and sized before development begins. The work will support optimization targets and accelerate the shift from reactive reporting to cost-aware engineering and investment management.
What You Will Be Responsible For
- Establish the enterprise FinOps for AI discipline, including its scope, taxonomy, methodology, operating model, governance, controls, and performance measures.
- Create an integrated view of AI cost and consumption across hyperscaler services, accelerated compute, AI gateways, models, tokens, agents, copilots, data platforms, and embedded vendor capabilities.
- Define actionable unit economics—including cost per token, request, session, agent, and use case—and connect AI spending to products, services, business outcomes, and customer value.
- Lead budgeting, forecasting, scenario modeling, and variance analysis for AI investments, with early warning when consumption or run rate moves ahead of plan.
- Set allocation, showback, and chargeback standards, including tagging, attribution, shared-cost treatment, and reporting by business unit, application, product, and use case.
- Identify and deliver optimization opportunities through model selection and routing, prompt and context efficiency, caching, batching, inference right-sizing, accelerated-compute commitments, and retirement of low-value consumption.
- Track and validate realized savings and cost avoidance, clearly distinguishing actual results from estimates, forecasts, and recommendations.
- Embed cost estimation, financial guardrails, and onboarding guidance into AI intake and development workflows so teams understand expected run costs and trade-offs before they build.
- Partner with AI and cloud platform teams, engineering, architecture, security, procurement, finance, and business stakeholders to secure reliable data, influence consumption decisions, and support effective governance.
- Define reporting and tooling requirements, validate implementation logic, and communicate AI spend, risks, trade-offs, and opportunities through executive showback, leadership reviews, and planning cycles.
What We Value
These skills will help you succeed in this role:
- Practical FinOps or cloud financial management experience, with the credibility to influence engineering and business decisions tied to real consumption.
- Strong understanding of AI pricing and consumption drivers, including tokens, inference, context windows, model tiers, accelerated compute, licensing, and actual usage behavior.
- Ability to build a new operating discipline from the ground up by setting methodology, making defensible assumptions, documenting decisions, and adapting as the market matures.
- Strong analytical judgment and a disciplined distinction among actuals, forecasts, estimates, opportunities, and recommendations.
- Clear, concise communication of technical cost drivers and business trade-offs to engineers, finance partners, and senior executives.
- A results-oriented mindset focused on measurable, validated outcomes, supported by high standards for documentation, governance, and auditability.
Education & Preferred Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, Computer Science, Engineering, Information Systems, or a related field preferred
- 10+ years of equivalent relevant experience
- Significant experience across FinOps, cloud financial management, technology finance, or cloud and AI engineering, preferably in a large, regulated enterprise.
- Demonstrated success managing or optimizing cloud spend at scale across AWS, Azure, or GCP; exposure to Databricks, Snowflake, OCI, or similar platforms is beneficial.
- Direct experience with AI or machine-learning economics, such as model and inference costs, GPU or accelerated compute, AI gateways, token-based pricing, or AI software licensing, strongly preferred.
- Experience with budgeting, forecasting, allocation, tagging, showback or chargeback, optimization, and cloud commitment management.
- Familiarity with the FinOps Framework, FOCUS cost data standards, or TBM taxonomy; FinOps or relevant cloud certification preferred.
- Proficiency working with cost and usage data and reporting platforms such as Power BI, Microsoft Fabric, Tableau, or comparable cloud financial analytics tools.
Additional Requirements
Success requires strong partnership across cloud and AI platform engineering, application teams, architecture, security, procurement, finance, and business leadership. The candidate must be effective in a matrixed environment where pricing models, tooling, data, and ownership are evolving, and where influence often matters more than direct authority. Limited travel may be required.
Salary Range:
$110,000 - $188,750 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
About the company
State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.