Intern - Emerging Services Product - Remote

Velera

32d•$21 - $22•Remote

About The Position

Join the People Helping People 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. Our Program When selecting a company for your career are you someone that values bettering communities and the people that live in those communities? Are you looking for an organization that is leading in its industry and continues to grow and innovate based on client needs and industry trends? Does the idea of outstanding team culture and a career that fits your life and goals exciting? Velera’s Summer Internship Program provides you – a student enrolled in an accredited university - with the chance to develop and hone your skills in business. We offer the opportunity to build for your future by learning firsthand the Financial and more specifically Credit Union industry through professional inter-organizational experience, coupled with focused learning opportunities in your chosen career path or developmental interest. You’ll also gain insight into our rich history, our unique culture, and our committed social conscience. The Opportunity Innovation across the technology landscape is advancing at an unprecedented pace, reshaping how products, services, and experiences are delivered. Specifically within the financial services industry, traditional financial institutions realize that keeping up with this speed of change requires more than internal development alone, making strategic financial technology (fintech) partnerships with best-of-breed companies within high-growth areas such as AI and financial wellness critical to staying competitive and relevant. The Emerging Partnerships Internship will have a front-row seat to view how these key strategic partnerships are formed within the credit union industry while helping identity and recommend future verticals the company should explore. Day in the Life Research and analyze modern financial institutions (e.g., neobanks) and high-growth financial services segments to identify market trends, emerging players, and growth opportunities. Present your market research and recommendations to Velera senior leaders via a gap analysis presentation. Assist with the creation of materials for credit union conversations such as fintech company overview profiles and fintech strategy while actively participating and engaging in the meetings. Learn to hone your professionalism and communication skills by participating in high-value meetings and negotiations with current and prospective fintech partners. Participate in cross-functional conversations with Velera teams such as Product and Growth to advance their fintech partnership agendas. Perform other duties as assigned.

Requirements

Enrolled in an accredited undergraduate degree program – upperclassmen and graduate students preferred.
Outstanding verbal and written communication skills, with the ability to coordinate thoughts, communicate, completely, and concisely.
Strong organizational and professionalism skills, with the ability to consistently perform business requests.
Strong critical thinking, future-looking, problem-solving, and cross-functional collaboration skills.
Ability to adjust easily when directions and priorities change on short notice.
Proficiency in MS Office Suite® with a heavy emphasis on PowerPoint.
Proficiency in software that applies to your major and function-specific internship.
Passion for learning the Credit Union Industry.
Believe in Velera’s culture and values.
Ideal candidates have passion for their community as well as a commitment to diversity, equity, and inclusion.

Responsibilities

Research and analyze modern financial institutions (e.g., neobanks) and high-growth financial services segments to identify market trends, emerging players, and growth opportunities.
Present your market research and recommendations to Velera senior leaders via a gap analysis presentation.
Assist with the creation of materials for credit union conversations such as fintech company overview profiles and fintech strategy while actively participating and engaging in the meetings.
Learn to hone your professionalism and communication skills by participating in high-value meetings and negotiations with current and prospective fintech partners.
Participate in cross-functional conversations with Velera teams such as Product and Growth to advance their fintech partnership agendas.
Perform other duties as assigned.