What are the responsibilities and job description for the Director, Power Strategy position at Riot Platforms, Inc.?
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 Director, Power Strategy will play a vital role in leading strategic and corporate development 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. As a key member of the Corporate Development team, the Director will report to the VP of Financial Operations. Essential Duties
130,000 - 170,000 USD per year(Riot - Castle Rock)
130,000 - 170,000 USD per year(Riot - Costa Mesa)
PI240639615
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 Director, Power Strategy will play a vital role in leading strategic and corporate development 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. As a key member of the Corporate Development team, the Director will report to the VP of Financial Operations. Essential Duties
- 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 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
- 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, and 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.
- Passionate about Bitcoin and developing the Bitcoin ecosystem.
- 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.
- 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!
130,000 - 170,000 USD per year(Riot - Castle Rock)
130,000 - 170,000 USD per year(Riot - Costa Mesa)
PI240639615
Salary : $130,000 - $170,000
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