Director, Power Strategy

Riot Platforms, Inc. • Austin, TX

7d • Hybrid

About The Position

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.

Requirements

• 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.
• 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.

Nice To Haves

• 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.

Responsibilities

• 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%

Benefits

• 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: Includes 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.
• Relocation assistance is available for non-local candidates.

What This Job Offers

• Job Type: Full-time
• Career Level: Director