Manager, Power Strategy chez Riot Platforms Careers

About the role

The Manager, Power Strategy will play a vital role in executing Riot’s power strategy for its Bitcoin mining and AI/HPC operations. This individual will be responsible for negotiating bids/offers and executing trades for Riot’s energy portfolio, managing Riot’s energy use to fulfill ancillary obligations and curtailment across multiple sites, and collaborating cross-functionally with the QSE and IT teams to drive execution of Riot’s power strategy.

As a key member of the Operations team, the Manager will contribute to the continued growth and optimization of Riot’s self-mining and AI/HPC businesses.

Essential Functions

• Negotiate and execute energy trades with counterparties.
• Execute power operations strategy to achieve industry-leading net power costs.
• Collaborate with QSE, on-site operations, and IT to fulfill daily ancillary obligations.
• Manage curtailment events for multiple sites in response to high prices, demand response, and 4CP conditions.
• Monitor natural gas and power markets, as well as ERCOT system conditions, to identify and recommend hedging opportunities and strategies.
• Support development and continuous improvement of Riot’s power management processes and analytics. 

Knowledge, Skills, and Abilities

• Proficiency in Microsoft Office applications (Word, Excel, PowerPoint, Outlook), with strong Excel and PowerPoint skills.
• Strong financial analysis capability, including building complex financial models, forecasting, scenario analysis, and risk evaluation.
• Familiarity with network operations centers, QSEs, ERCOT operations, and/or power trading is preferred.
• Established relationships within the power trading and ERCOT ecosystem are a plus.
• Entrepreneurial mindset with a strong sense of ownership and accountability.
• Knowledge of the Bitcoin network, Bitcoin mining metrics, and energy markets is preferred.
• Strong interpersonal, communication, and collaboration skills, with the ability to work effectively across functions and manage multiple projects.
• Proactive problem-solver with high attention to detail.

Education and Experience 

• Bachelor’s degree in Business, Accounting, Finance, or Economics required.
• Minimum of 5+ years of professional experience, ideally in financial analysis, power trading, ERCOT planning/operations, and/or QSE/network operations center experience.
• Passion for Bitcoin and commitment to developing the Bitcoin ecosystem.

Supervisory Duties

• No direct reports; must be capable of managing cross-functional workstreams and leading initiatives independently.

Compensation and Benefits 

• Competitive salary commensurate with experience
• 401k plan with company matching
• Great medical, vision, and dental plans to choose from
• Long-term and Short-term disability
• Additional benefit options (Employee Assistance Program, Pet Insurance, and more)
• Flexible Spending Accounts
• Generous PTO and Paid Holidays
• A fun company culture with tremendous growth opportunities!