Manager, Power Strategy

About Riot Platforms

Riot Platforms, Inc. (“Riot”) is a Bitcoin-driven industry leader dedicated to developing and operating large-scale data centers for high-performance computing and Bitcoin mining. With a vertically integrated strategy, Riot is actively expanding its mining operations, particularly in Texas and Kentucky, while also supporting innovation and growth through its engineering and fabrication teams in Denver, Colorado, and Houston, Texas.

Join us as we build the world’s leading Bitcoin and digital infrastructure platform, now expanding into large-scale data centers for high-performance computing (HPC) and AI clients, and help shape the future of digital assets and advanced computing. 

Key attributes we are looking for

At Riot, our team members have unparalleled opportunities to work on groundbreaking initiatives that are shaping the future of our company. Our innovative spirit has positioned us as a leader in the industry, driving advancements that are setting new standards at the intersection of Bitcoin mining and energy.

If you are passionate about Bitcoin and eager to be part of this dynamic sector, Riot is where your journey begins. We value creativity, innovation, and a relentless drive to enhance organizational efficiency. With strong communication skills and the ability to multitask, you excel at identifying problems and delivering effective solutions. You take initiative, work independently, and maintain a sharp attention to detail. At Riot, our employees aren’t just part of the future—they’re creating it.

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!