Riot Platforms

Riot Platforms

Vertical-integrated Bitcoin mining and AI centers

Critical Vendor Manager - Operational Readiness

Full-TimeUpdated on 9/30/2026
$150k - $165k/yr

+ Bonus + Sign-on equity grant

Senior
Bachelor's
Remote in USA
Hybrid

Remote within the United States, with regular travel to Rockdale and other Riot sites.

About the job

Requirements
  • At least 7 years of experience in vendor or supplier management, contract management, or vendor performance management within data center, industrial, or other critical infrastructure environments.
  • A bachelor's degree in Business, Supply Chain, Engineering, or a related field is preferred; equivalent experience is considered.
  • Ability to travel 50% of the time.
  • Experience building or running a vendor scorecard or key performance indicator program, ideally with reciprocal two-way feedback.
  • Experience with critical infrastructure trade vendor categories such as electrical, mechanical, fire/life safety, and water treatment.
  • Strong negotiation and relationship-management skills, with the ability to serve as an escalation point between internal teams and external vendors.
  • Familiarity with vendor risk and compliance screening, including insurance and safety program review.
Responsibilities
  • Own the vendor relationship program for maintenance and repair critical vendors across the portfolio by setting program structure, governance, performance metrics, and portfolio-level effectiveness evaluations.
  • Design and maintain vendor performance scorecards and key performance indicator tracking covering quality, safety, schedule adherence, and conformance to the Vendor Management Standard.
  • Build and run the reciprocal feedback process through which vendors formally assess Riot's performance as a partner.
  • Set and track continuous-improvement metrics with vendors and drive shared improvement initiatives.
  • Serve as the escalation intermediary for site teams raising vendor performance or coverage issues, working each issue to resolution or documented corrective action.
  • Execute vendor selection evaluations and onboarding verification for maintenance and repair critical vendor scopes in partnership with site Critical Operations Managers and in accordance with the Vendor Management Standard.
  • Own vendor qualification and Approved Vendor List administration by maintaining the performance data and evidence required for qualification reviews.
  • Own contract renewal timing and coverage-gap tracking for critical vendors, flagging warranty and contract expirations before coverage lapses occur.
  • Partner with the Maintenance Strategy Manager to determine which maintenance scopes are vendor-performed and ensure vendor statements of work remain aligned with the governing equipment strategy.
  • Maintain vendor performance and nonconformance records as audit-ready evidence supporting SOC 2 scope.
Desired Qualifications
  • CPSM or a similar procurement or vendor management certification.
  • Experience with a reciprocal two-way vendor feedback component.
  • Familiarity with SOC 2 or similar compliance frameworks.

About the company

Riot Platforms operates large-scale Bitcoin mining facilities and provides electrical engineering services through its subsidiary, ESS Metron. The company uses specialized computers called ASIC miners to solve complex math problems that secure the Bitcoin network, earning digital currency as a reward. Unlike many competitors who rely solely on mining, Riot is vertically integrated, meaning it builds its own electrical infrastructure and is expanding into high-performance computing and AI data centers to diversify its income. Its goal is to leverage its massive power capacity in Texas to become a leading provider of digital infrastructure for both the cryptocurrency and artificial intelligence industries.

Company Size

51-200

Company Stage

IPO

Headquarters

Castle Rock, Colorado

Founded

2000

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Simplify Jobs

Simplify's Take

What believers are saying

  • Anthropic's 20-year Rockdale lease targets 191MW and $9.1 billion initial revenue.
  • AMD expanded to 50MW at Rockdale, validating Riot's data-center pivot.
  • Riot repaid Coinbase's $200 million loan on September 21, 2026, releasing 5,821 BTC collateral.

What critics are saying

  • Bitcoin mining revenue fell to $113.7 million in Q2 2026, while costs rose.
  • Riot still depends on volatile bitcoin sales, including 4,300 BTC sold in Q2 2026.
  • SBI Crypto settled for $20 million after trial, proving recurring contract and execution risk.

What makes Riot Platforms unique

  • Rockdale and Corsicana give Riot 1.7GW Texas power capacity.
  • AMD and Anthropic leases convert mining infrastructure into contracted AI revenue.
  • Vertical integration through ESS Metron lowers buildout friction and supports faster campus development.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Flexible Spending Accounts

Company News

Yahoo Finance
Sep 27th, 2026
Riot frees $494M in bitcoin after repaying $200M Coinbase loan early

Riot Platforms has repaid a $200 million loan to Coinbase, freeing 5,821 bitcoin worth approximately $494 million at current prices. The Nasdaq-listed Bitcoin miner cleared the debt on 21 September, seven months ahead of the April 2027 deadline, according to an SEC filing. The released coins represent over half of the 11,380 bitcoin Riot held on 30 June. The company had pledged the bitcoin as collateral for the loan, which carried a 6.15% fixed interest rate. Riot has been selling more bitcoin than it mines whilst spending heavily to convert its Texas facilities into AI data centres. In August, the company signed a 20-year, $9.1 billion lease for computing capacity at its Rockdale campus. Morgan Stanley provided a $573 million interim construction loan. The filing does not specify how Riot raised funds for the repayment or its plans for the freed bitcoin.

Yahoo Finance
Aug 20th, 2026
Riot Platforms shares rise 4.8% as Bitcoin crosses $72,000, announces $9.8B AI pipeline

Riot Platforms shares rose 4.80% to $20.31 as Bitcoin surged past $72,000 following a White House crypto summit hosted by President Donald Trump. As a major digital infrastructure operator, Riot's stock serves as a high-beta proxy for Bitcoin prices. The company reported second-quarter revenue of $174.2 million, up 14% year-over-year, driven partly by its expanding data centre business. Riot maintains over $1.2 billion in liquid assets despite net loss pressures. Riot announced a 20-year lease agreement with AI firm Anthropic for 191 megawatts of power at its Rockdale, Texas campus. Combined with an existing AMD agreement, the company has secured 241 megawatts representing approximately $9.8 billion in contracted revenue.

Yahoo Finance
Aug 13th, 2026
Riot Platforms sells 4,300 Bitcoin for $271M to fund operations and AI data centres

Riot Platforms sold 4,300 Bitcoin during the second quarter to fund operations and its expanding artificial intelligence data centre business. The cryptocurrency miner still holds 11,380 BTC worth $717.65 million. The company ended Q2 with over $1.2 billion in liquid assets, including $548.9 million in cash. It mined 1,587 Bitcoin in the quarter, up from 1,426 a year earlier, though mining revenue fell 19% year-over-year to $113.7 million. The cost to mine one Bitcoin reached $90,631, exceeding the $71,667 production value per coin. Rising power costs and expansion of its Kentucky facility drove mining costs higher. RIOT stock has risen 69% over the past 12 months to $19.58 per share.

Yahoo Finance
Aug 13th, 2026
Anthropic secures $9.1B lease for AI data centre at former Texas Alcoa site

Artificial intelligence company Anthropic has reportedly signed a $9.1 billion lease at the former Alcoa smelting site in Rockdale, Texas. Riot Platforms disclosed the 20-year agreement in quarterly filings, though it did not name the tenant. Bloomberg sources confirmed Anthropic's involvement. The deal, running through 2048, could reach $16.1 billion with two five-year extensions. It includes 191 megawatts of information technology load, enough to power up to 47,700 Texas homes during peak summer conditions. The agreement adds to Riot's Milam County developments. Earlier this year, chipmaker AMD signed a $1 billion, 10-year lease for a 200-acre data centre at the site. The campus now has 700 megawatts of power capacity and employs approximately 250 people.

Yahoo Finance
Aug 11th, 2026
Riot Platforms signs $9.1B Anthropic AI deal, analyst sees 55% upside

Riot Platforms signed a 20-year data centre lease with Anthropic for 191 megawatts of capacity at its Rockdale campus. The deal is expected to generate approximately $9.1 billion in total contract revenue over the initial term. The lease includes two five-year extension options, representing a total potential contract value of approximately $16.1 billion if both extensions are exercised. In January, Riot also signed a lease with Advanced Micro Devices for its Rockdale facility. Following the announcement, Needham raised its price target on Riot stock from $28.50 to $30, representing a 54.6% upside from the closing price of $19.40. The firm reiterated its buy rating. During the second quarter, Riot generated revenue of $174.2 million, including $23.2 million from data centres.