FinOps Optimization Lead, Vice President

Posted Yesterday
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Quincy, MA, USA
In-Office
120K-203K Annually
Expert/Leader
Financial Services
The Role
Lead enterprise cloud cost optimization by developing strategy, executing cost-saving initiatives, embedding cost-aware practices, measuring savings, managing forecasting/budgeting/chargeback, and implementing AI-driven optimization across cloud platforms.
Summary Generated by Built In

Who we are looking for

We are looking for a FinOps Optimization Lead, Vice President, reporting directly to the FinOps Lead (Vice President).

State Street’s Technology Business Office in the GTS Management division is seeking an experienced, hands-on, dynamic, and analytical Cloud FinOps professional to join our organization.

The Cloud Optimization Lead will lead the strategy, execution, and governance of cloud cost optimization initiatives across the enterprise. This role is accountable for maximizing the value of cloud investments by driving efficiency, reducing waste, and embedding cost-aware practices into engineering and operational workflows.

Partnering closely with Cloud Engineering, Architecture, Finance, and Business Leaders, the Cloud Optimization Lead identifies optimization opportunities, implements scalable solutions, and ensures measurable financial outcomes aligned to organizational goals.

Why this role is important to us

The team you will be joining is part of the Technology Business Office in the GTS Management division, a function that is critical as State Street continues to migrate applications to the cloud.

What you will be responsible for

  • Lead and manage State Street corporate-wide cloud optimization efforts, driving continuous cost optimization through spend pattern analysis, waste reduction, consumption management protocols, and utilization reporting
  • Identify, prioritize, and drive execution of cost-saving initiatives across all cloud platforms
  • Develop an enterprise-wide AI optimization program
  • Establish optimization roadmaps aligned with organizational cost targets and business priorities, including AI
  • Track, measure, and report realized savings and cost avoidance
  • Provide financial management support, including forecasting, budgeting, and chargeback/showback strategy, while enhancing spend transparency and visibility of cloud costs
  • Execute the program roadmap and enhance it to incorporate AI-driven tokenization strategies
  • Establish a set of high-priority KPIs to measure and mature spend management capabilities
  • Collaborate with global teams on key business initiatives

What we value

These skills will help you succeed in this role:

  • Strong experience building enterprise-wide cost optimization programs
  • Experience with AWS and Azure cloud platforms; Databricks and Snowflake optimization experience preferred
  • Experience presenting to executive leadership
  • Effective communication and collaboration skills
  • A proactive, adaptable professional with a strong sense of ownership and accountability
  • Ability to multi-task and successfully manage simultaneous priorities
  • Experience working with Power BI and/or cloud financial analytics/reporting tools

Education & Preferred Qualifications

  • Bachelor’s degree in a related field (computer science, computer engineering, finance, accounting)
  • 15+ years of combined experience in Cloud FinOps, Computer Science, and Finance roles within a Fortune 500/Fortune Global 500 company
  • Certified Cloud Practitioner (or equivalent) required
  • Knowledge of cloud service costs, including experience building allocation methodologies for appropriate distribution of shared services
  • Ability to foster strong relationships across client organizations, including senior managers and key decision-makers in a large firm with the ability to build strong working relationships with end users
  • Strong analytical and critical thinking skills

Salary Range:

$120,000 - $202,500 Annual

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the 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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

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.

Skills Required

  • 15+ years of combined experience in Cloud FinOps, Computer Science, and Finance roles within a large enterprise
  • Certified Cloud Practitioner (or equivalent)
  • Strong experience building enterprise-wide cost optimization programs
  • Experience with AWS
  • Experience with Azure
  • Databricks optimization experience
  • Snowflake optimization experience
  • Experience presenting to executive leadership
  • Experience with Power BI and/or cloud financial analytics/reporting tools
  • Knowledge of cloud service costs and building allocation methodologies for shared services
  • Ability to foster strong relationships across client organizations and senior stakeholders
  • Strong analytical and critical thinking skills
  • Bachelor's degree in a related field (computer science, computer engineering, finance, accounting)

State Street Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.

  • Retirement Support Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
  • Leave & Time Off Breadth Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
  • Wellbeing & Lifestyle Benefits Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.

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The Company
HQ: Boston, MA
39,782 Employees
Year Founded: 1792

What We Do

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future

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