What are the responsibilities and job description for the Director, Power Strategy position at Riot Platforms, Inc.?
About Riot Platforms
Riot’s (NASDAQ: RIOT) vision is to be the world’s most trusted platform for powering and building digital infrastructure. Riot’s mission is to empower the future of digital infrastructure by positively impacting the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows us to achieve best-in-class execution and create successful outcomes.
We are a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications. Our vertically integrated strategy spans Bitcoin mining, engineering, and the development of large-scale data center projects designed to support the growing demand for high-density computing.
Who We Are
At Riot, we’re building the future of digital infrastructure. Our team members have unparalleled opportunities to work on groundbreaking initiatives. Through technical excellence and strategic execution, Riot has positioned itself as a leader in the industry driving advancements that continue to set new benchmarks in digital infrastructure.
We are trailblazers. Problem solvers. People who thrive in fast paced environments, communicate clearly, and bring relentless focus to efficiency and execution.
About This Role
The Director, Power Strategy will play a vital role in leading strategic and operations initiatives across Riot’s increasingly diversified business operations. In this role, the Director, Power Strategy will be responsible for the power operations team and leverage their expertise to, lead the strategy of daily ancillary obligations and oversee energy curtailment for multiple sites, analyzing and recommending trading/hedging opportunities, and working cross functionally with the QSE and IT teams to execute power strategy and to support the continued growth and development of Riot’s self-mining, data center hosting, and electrical equipment businesses.
This position will be based in Austin, TX, Irvine, CA or our Denver, CO office. Relocation assistance is available for non-local candidates.
What You’ll Do
Riot’s (NASDAQ: RIOT) vision is to be the world’s most trusted platform for powering and building digital infrastructure. Riot’s mission is to empower the future of digital infrastructure by positively impacting the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows us to achieve best-in-class execution and create successful outcomes.
We are a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications. Our vertically integrated strategy spans Bitcoin mining, engineering, and the development of large-scale data center projects designed to support the growing demand for high-density computing.
Who We Are
At Riot, we’re building the future of digital infrastructure. Our team members have unparalleled opportunities to work on groundbreaking initiatives. Through technical excellence and strategic execution, Riot has positioned itself as a leader in the industry driving advancements that continue to set new benchmarks in digital infrastructure.
We are trailblazers. Problem solvers. People who thrive in fast paced environments, communicate clearly, and bring relentless focus to efficiency and execution.
About This Role
The Director, Power Strategy will play a vital role in leading strategic and operations initiatives across Riot’s increasingly diversified business operations. In this role, the Director, Power Strategy will be responsible for the power operations team and leverage their expertise to, lead the strategy of daily ancillary obligations and oversee energy curtailment for multiple sites, analyzing and recommending trading/hedging opportunities, and working cross functionally with the QSE and IT teams to execute power strategy and to support the continued growth and development of Riot’s self-mining, data center hosting, and electrical equipment businesses.
This position will be based in Austin, TX, Irvine, CA or our Denver, CO office. Relocation assistance is available for non-local candidates.
What You’ll Do
- Leading power operations strategy to identify new market dynamics and opportunities to execute industry leading net power cost.
- Leading daily ancillary obligations, requiring collaborating with QSE, on-site operations, and IT.
- Leading curtailment of multiple sites to respond to high prices, demand response, and 4CP.
- Monitoring natural gas, power prices, and ERCOT system conditions to recommend hedging opportunities and strategy.
- Work closely within the operations team and other cross functional teams within Riot to own power related operations and assist in developing overall strategy
- Occasional travel to site locations 10-15%
- Bachelor’s degree in business / accounting / finance / economics.
- 7 years of professional experience ideally in financial analysis, power trading, ERCOT planning/operations, and/or QSE/network operations center.
- Proficient with Microsoft Office applications (Word, Excel, PowerPoint, Outlook), particularly Excel and PowerPoint.
- Proficient in financial analysis and the development of complex financial models to analyze trading/hedging opportunities, including financial forecasting, scenario analysis, “what-if” analysis, etc.
- Experience with network operations center, QSE, ERCOT operations, and/or power trading is a plus, as is an existing network of relationships across such counterparties.
- Entrepreneurial spirit and an “ownership” attitude required to drive projects forward.
- Proactive problem-solver. Ability to manage cross-functionally and take ownership of workstreams.
- Strong interpersonal skills, able to quickly establish and maintain positive professional relationships both internally and externally and to work well with project teams and external advisors.
- Competitive Salary: $150,000 - $170,000 (commensurate with experience) bonus sign-on equity grant.
- Long-Term Growth: Eligible to participate in Riot’s equity incentive programs and share in the success you help build.
- 401(k) Retirement Plan: Incudes a generous company match.
- Comprehensive Health Coverage: Multiple medical plan options, including 100% company-paid plans.
- Wellness & Lifestyle Perks: Enjoy free gym memberships, pet insurance, childcare discounts, and more to support your life both in and out of work.
- Site
Salary : $150,000 - $170,000