Technology Cost Transparency & Governance Lead

Who we   are   looking for   We are looking for a Technology Cost Management subject matter expert, Vice President, reporting to the VP leading product, tooling, and transformation within the Global Technology Services Financial Operations Office. In this role you will build and lead a Technology Financial Management and Total Cost of Ownership capability within the Global Technology Services Financial Operations Office. Why this role is important to us This role will lead the business design and governance of State Street’s technology cost management capability, helping Global Technology Services provide clear, consistent insight into technology spend, cost ownership, optimization opportunities, and financial decisions for technology leaders and business stakeholders. The successful candidate will combine finance expertise, technology fluency, and strong partnership to build trusted cost transparency practices that support executive reporting, enterprise accountability, and better business decisions. This Vice President will own the business methodology for cost management, including cost model design, allocation logic, showback, future chargeback enablement, optimization tracking, and benefit validation. The ideal candidate can turn complex cost and operating data into clear, defensible insights for senior leaders. Why This Role Is Important to Us Global Technology Services is expanding how it understands, governs, and manages spend across infrastructure, applications, cloud, labor, and services. This role will define how cost is measured, allocated, reported, and optimized, giving technology leadership, finance, and business stakeholders a consistent, well-governed basis for decisions. It will partner with analytics engineering, Finance, Procurement, platform, and technology owners to ensure the methodology is practical, governed, and fit for enterprise use. What You Will Be Responsible For Own the TCO/ITFM methodology, including cost pools, allocation rules, service and product costing, assumptions, and change history. Establish showback reporting and chargeback preparedness, including methodology, policy inputs, stakeholder alignment, and governance. Define the framework for identifying, sizing, tracking, and reporting cost optimization opportunities. Set logic for validating realized savings against targets, separating deterministic results, estimates, and advisory analysis. Define KPIs, reporting standards, and executive narratives that make cost transparency and optimization performance clear to senior leaders. Translate financial policy, business needs, and operational realities into requirements for analytics and data delivery partners. Validate that implemented calculations and data products reflect the agreed methodology and are suitable for leadership reporting. Partner with finance, procurement, infrastructure, application, cloud, service catalog, and configuration management teams to improve source data. Maintain documentation, assumptions, decision records, and governed methodology artifacts for consistency, repeatability, and auditability over time. Serve as a trusted point of contact for cost questions, aligning technical and non-technical stakeholders on definitions, logic, and results.

These skills will help you succeed: Strong understanding of ITFM, TCO, cost allocation, showback, chargeback, and cost transparency. Ability to connect financial discipline with the operating reality of a large enterprise technology organization. Strong analytical judgment, including the ability to distinguish actuals, forecasts, assumptions, estimates, and recommendations. Clear communication style for senior leaders, finance partners, technology teams, and non-technical audiences. Comfort working across functions, resolving ambiguity, and building alignment where definitions and ownership are still maturing. Exacting standards for documentation, governance, consistency, and repeatable decisions.