AI Value & Economics Leader

Diamondback E&P LLC; Midland (TX); On-site; USD 180,000 - 260,000; Full time

Job summary

Diamondback Energy in Midland, Texas seeks an AI Lead - Value and Economics to establish the enterprise framework for evaluating and maximizing the business value of AI investments. You will partner with AI leaders, Finance, and stakeholders to translate data into investment recommendations.

You will develop valuation approaches (NPV/IRR), define success measures, and deliver dashboards and board-level reporting on portfolio performance and risks, influencing high-stakes decisions.

Qualifications

• Bachelor's degree in Finance, Economics, Engineering, Analytics, or a related quantitative field.
• 8+ years of experience in financial analysis, management consulting, business value strategy, corporate strategy, or a data-driven advisory function.
• Experience evaluating the financial and operational value of technology, analytics, automation, or business transformation initiatives.
• Knowledge of financial modeling, investment analysis, baseline development, and benefits realization practices.
• Proficiency with analytical and business intelligence tools such as Excel, Power BI, Tableau, SQL, or similar platforms.

Responsibilities

• Develop and maintain the enterprise AI value measurement framework, including valuation methods, baselines, success measures, and reporting standards.
• Establish business-case and valuation standards and partner with Product Owners and business sponsors to develop, validate, and challenge financial models and value assumptions.
• Develop fit-for-purpose valuation approaches including NPV, IRR, scenario analysis, productivity and capacity value, production uplift, capital efficiency, risk avoidance, decision-quality improvements, and other operational measures.
• Standardize value measurement across operational efficiency, revenue optimization, safety, risk reduction, capital productivity, and workforce effectiveness.
• Evaluate projected and realized value throughout the AI product lifecycle and recommend whether investments should continue, scale, pivot, or stop based on evidence of business impact.
• Define appropriate methods for attributing realized outcomes to AI interventions, including baselines, comparison groups, operational controls, and other analytical approaches needed to distinguish true impact from correlation or external factors.
• Partner with the AI Portfolio Lead and business stakeholders to integrate value scoring and economic analysis into prioritization, sequencing, funding, and investment decisions.
• Develop executive business cases, dashboards, scorecards, and board-level reporting on portfolio performance, business impact, assumptions, attribution, and risks.
• Translate complex financial and operational data into clear, actionable insights for executive and business stakeholders.
• Analyze gaps between forecasted and realized value to improve assumptions, measurement practices, attribution methods, and future investment decisions.
• Influence portfolio and investment decisions through objective, data-driven recommendations and constructive challenge of unsupported value assumptions.

Skills

Financial analysis

Valuation modelling

Business case development

Data analysis

Stakeholder communication

Education

Bachelor's degree in Finance/Economics/Engineering/Analytics

MBA (preferred)

Tools

Excel

Power BI

Tableau

SQL

Job description

Diamondback Energy in Midland, Texas seeks an AI Lead - Value and Economics to establish the enterprise framework for evaluating and maximizing the business value of AI investments. You will partner with AI leaders, Finance, and stakeholders to translate data into investment recommendations.

You will develop valuation approaches (NPV/IRR), define success measures, and deliver dashboards and board-level reporting on portfolio performance and risks, influencing high-stakes decisions.