Manager, Power Strategy

2 days ago

Austin, United States Riot Platforms Full time

**About Riot Platforms**
- Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining data center operations in central Texas and electrical switchgear engineering and fabrication operations in Denver, Colorado.
- Our mission is to positively impact the sectors, networks and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.

Riot is actively expanding and improving its Bitcoin mining operations through innovation, expansion, and procurement, including large-scale expansion of its Texas-based mining and hosting facilities. Join us in building the world’s leading Bitcoin-driven infrastructure platform.

**Key attributes we are looking for**

You are interested in Bitcoin and being involved in the sector. You are creative, innovative, and strive to improve organizational efficiency. You have strong communication skills and can multi-task. You identify problems and solve them. You take initiative, you are self-sufficient, and you are detail focused.

**About the role**
- The Manager, Power & Strategy will play a vital role in supporting strategic and corporate development initiatives across Riot’s increasingly diversified business operations. In this role, the Manager, Power Strategy will leverage their expertise to help evaluate and analyze key business decisions, including management of daily ancillary obligations and overseeing 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.
- As a key member of the Corporate Development team, the Manager will report to the VP of Financial Operations.

**Essential Duties**
- Managing daily ancillary obligations, requiring collaborating with QSE, on-site operations, and IT.
- Managing 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 Corporate Development team and other cross functional teams within Riot to own power related operations and assist in Investor Relations-related analysis and content development in the context of Riot’s power situation and strategy.
- No direct reports, but ability to manage cross-functionally and take ownership of workstreams.

**Knowledge, Skills, and Abilities**- 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.-
- Knowledge of the Bitcoin network, Bitcoin mining metrics and Energy markets is preferred.-
- Proactive problem-solver.-
- 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.**Education and Experience**
- Passionate about Bitcoin and developing the Bitcoin ecosystem.
- Bachelor’s degree in business / accounting / finance / economics.
- 5+ years of professional experience ideally in financial analysis, power trading, ERCOT planning/operations, and/or QSE/network operations center.

**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
- The pay range for this role is:

- 130,000 - 170,000 USD per year (Riot - Castle Rock)
- 130,000 - 170,000 USD per year (Riot - Costa Mesa)

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