Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.
The Opportunity:
The Financial Operations Specialist II is responsible for responding to internal and external customer inquiries and researching and resolving balancing problems. This role will also assist with the training of department staff and providing update to the procedural documentation of the various functions. The Specialist II will manage service tickets from our clients and internal staff and will review the daily workflow to ensure items are completed within department guidelines to minimize financial liability and risk to Velera.
Day in the Life:
Assist with training new staff in Financial Operations functions.
Review and provide updates for job procedures and policies within the department.
Complete daily exception item processing in adherence with established timeframes.
Correct errors with clearing institutions, 3rd party vendors, and/or credit unions.
Review physical checks and process validated payments, reject and return payments that cannot be validated following departmental guidelines and adhering to all documentation requirements.
Work and resolve settlements tickets from internal and external clients via ticketing portal.
Work with internal and external customers and vendors to resolve settlement issues and inquiries on functions performed and products serviced in Financial Operations.
Reconcile balance consolidation daily transaction postings between vendors, cardholders, and Credit Union/FI’s, completing requests related to check copies, stop payments, and other inquiries related to this product
Process and balance daily Convenience check files ensuring transactions and returns are completed within the established guidelines and bank timeframes. Completing check copy, stop payment and other inquires related to this product
Maintain current, working knowledge of both in-house and external systems.
Perform other duties as assigned
Qualifications:
Associates degree or equivalent business experience required.
Four (4) years accounting or banking related experience required; preferably in the area of Settlement or Finance.
About Velera
At Velera, inclusion isn’t an initiative – it’s how we work. Guided by a people‑helping‑people philosophy, we cultivate a culture where every employee feels valued, respected and empowered to do their best work. We’re committed to building a diverse workforce and fostering meaningful connection across our teams. Through a remote‑first, flexible environment, we prioritize psychological safety, wellbeing and belonging so individuals and teams can collaborate to thrive. Together, we’re shaping a new era of secure, innovative solutions for the clients and communities we serve. Learn more about what it’s like to work at Velera.
Pay Equity
$19.18 - $23.99Actual Pay will be adjusted based on experience and other job-related factors permitted by law.
Great Work/Life Benefits!
Competitive wages
Medical with telemedicine
Dental and Vision
Basic and Optional Life Insurance
Paid Time Off (PTO)
Maternity, Parental, Family Care
Community Volunteer Time Off
12 Paid Holidays
Company Paid Disability Insurance
401k (with employer match)
Health Savings Accounts (HSA) with company provided contributions
Flexible Spending Accounts (FSA)
Supplemental Insurance
Mental Health and Well-being: Employee Assistance Program (EAP)
Tuition Reimbursement
Wellness program
Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions
Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.
Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster. Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.
Velera is an E-Verify Employer. Review the E-Verify Poster here. For information regarding your Right To Work, please click here.
This role is currently not eligible for sponsorship.
As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at recruiters@velera.com for assistance.