VP, Risk Management

Who We Are

Bold. Unapologetic. Hardworking. We are building something special. We transform energy into high-value compute with superior efficiency at scale. Today, that means powering and securing the Bitcoin Network. Tomorrow, that could also include powering workloads in AI, HPC and other forms of high-value compute.

Core Scientific is one of the largest bitcoin miners and bitcoin mining hosts in North America. Our mission is to accelerate digital innovation by scaling high-value compute rapidly, efficiently and responsibly. Our proprietary software stack optimizes bitcoin mining, pushes firmware, and monitors all aspects of our operations, ensuring we and our customers generate the highest possible ROI on our hardware investment.

But what makes us different from others in our industry? We own and manage our own infrastructure. That puts us in control of our operations and gives us an advantage that translates into higher productivity and efficiency. It also gives us the ability to deploy rapidly the innovations developed by our deep tech team.

Come join us as we continue our journey and accelerate yours. We seek smart, creative, collaborative minds, who work hard and fast.

Intrigued? Then apply and be a part of something truly special at Core Scientific.

Title VP, Risk Management

Reports To SVP, Risk Management

The Job

We're looking for a Vice President of Risk Management who will help support the day-to-day operations of trading and hedging. They will be responsible for efficient execution of operations, tracking of risk exposures and structuring and executing hedge strategies covering digital currencies.

Responsibilities

Experience with analyzing the financial risks of digital currencies and power portfolios.

Analyze portfolio positions and quantify potential budget variances and other standard risk metrics.

Structure prudent risk reduction measures through hedging strategies and derivative products.

Execute hedging recommendations and commodity derivative transactions.

Assist the SVP in the development and implementation of risk management policies and systems.

Provide support to Accounting and FP&A on derivatives/settlement accounting.

Structure digital asset processes and policies.

Monitor markets to execute regular trading of digital assets.

Leverage problem-solving and analytical skills to enhance and automate risk processes.

Foster open, respectful, and professional communication directly within the team and with co-workers/ teammates and leaders across the organization.

Perform other duties as assigned.

Qualifications

Bachelor's degree in finance or economics or other related field required; Master's preferred.

8 years of progressively responsible experience in risk management and front/middle (trading, marketing, trading controls) office roles.

Experience working in a structuring/trading or treasury financial risk management role.

Exceptional people management skills and proven ability to build a collaborative team culture.

Demonstrated ability to conceptualize and drive a team's strategic direction.

Strong technical knowledge of market risk methodologies and techniques.

Knowledge of energy markets, including electricity, natural gas, and renewables.

Experience in digital asset market.

Experience evaluating, summarizing, and communicating complex transactions.

Ability to prioritize duties, multi-task, and adapt to changing business needs.

Ability to work in a fast-paced environment while maintaining attention to detail.

Strong communication and interpersonal skills with the ability to interact with various stakeholders, including executive management levels.

Work Environment

This job operates in a remote office environment. This position frequently uses computers, tablets and smartphones.

Physical Demands

This position frequently sits and or stands for most of the day.

Position Type/ Expected Hours of Work

This is a full-time position. Hours are generally Monday – Friday 8a-5p. However, evening and weekends may be required.

Travel

Minimal travel may be required.