Product Manager - Origination Solutions - Operations

Velera

4d

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. The Opportunity: We are seeking a talented Product Manager who is responsible for the tactical product management effort for Velera's Origination Solutions. The incumbent will serve as a liaison and subject matter expert to internal and external customers on Velera’s origination product. The Product Manager will handle efficiencies, monitor product compliance and mandates, analyze product penetration, define the market release process, and bridge the gaps between different functions within the company and aligning the strategic teams. Day in the Life: Lead the analysis and review product enhancement requests from various sources and oversee the creation of business requirements for these enhancements. Serve as an escalation point, both internally and externally, related to assigned products and applications. Collaborate with appropriate functional areas (e.g., Training, Operations, Information Technology, Administration, and Finance) to develop and provide comprehensive product definitions, objectives, and goals that are responsive to the needs of the end user. Work closely with Velera’s departments in executing product strategies on assigned products and services. Identify risks throughout feasibility studies and development process and communicate issues to senior product management and leadership for evaluation; develop market test scenarios and ensure approval from the end-user for product rollout. Development of product documentation, procedures, and training in all pertinent platforms. Report and routinely update product and solution performance information to the strategic product manager. Lead research efforts, analyze and ascertain required modifications and impacts to existing products and services. Communicate to affected areas. Assist in the coordination and presentation of seminars and training for Velera personnel, prospective clients, trade associations, current members and other entities as assigned. Conduct and lead meetings to support the development process and track and communicate progress. Attend and participate in various Velera sponsored events and industry events, as needed. Serve as the primary liaison to Operational Support departments for assigned products. Maintain proficiency in departmental operations to assist as a backup for other products and services. Work as a member and/or leader of a cross-functional team that addresses the development and implementation of new and/or enhanced products and services within determined deadlines. Oversee and review mandate and industry product impacts. Partner with marketing to communicate internally and externally on pertinent bulletins. Direct and oversee maintenance, mandate, industry requirement, or vendor replacement product commercialization duties in conjunction with internal teams. Use commercialization process to execute on system readiness with partners both internal and external. Maintain, lead and respond to product-focused servicing ticket inquiries through the defined channel. Perform other duties as assigned.

Requirements

• Bachelor’s degree in Business, Marketing, Technology, or related field or equivalent combination of education and experience required.
• Combined four (4) years of product management, technical product implementations, and/or business systems analysis supporting technical products experience required.
• Experience with the financial, credit union industry and core or account processing required.
• Demonstrated experience in implementing, designing and supporting origination solutions along with expertise in loan underwriting processes and standards is required.
• Five (5) years of related experience in the lending industry with a thorough understanding of lending regulations, products, and industry standards.
• Experience completing loan origination system (LOS) conversions from agreement signing through user acceptance sign-off required.
• Three (3) years of client facing project support experience required.
• Experience working with multiple vendors and channel partners required.
• Experience using MS Office including, Excel and PP, along with data visualization tools.

Nice To Haves

• Agile Methodology is preferred.

Responsibilities

• Lead the analysis and review product enhancement requests from various sources and oversee the creation of business requirements for these enhancements.
• Serve as an escalation point, both internally and externally, related to assigned products and applications.
• Collaborate with appropriate functional areas (e.g., Training, Operations, Information Technology, Administration, and Finance) to develop and provide comprehensive product definitions, objectives, and goals that are responsive to the needs of the end user.
• Work closely with Velera’s departments in executing product strategies on assigned products and services.
• Identify risks throughout feasibility studies and development process and communicate issues to senior product management and leadership for evaluation; develop market test scenarios and ensure approval from the end-user for product rollout.
• Development of product documentation, procedures, and training in all pertinent platforms.
• Report and routinely update product and solution performance information to the strategic product manager.
• Lead research efforts, analyze and ascertain required modifications and impacts to existing products and services.
• Communicate to affected areas.
• Assist in the coordination and presentation of seminars and training for Velera personnel, prospective clients, trade associations, current members and other entities as assigned.
• Conduct and lead meetings to support the development process and track and communicate progress.
• Attend and participate in various Velera sponsored events and industry events, as needed.
• Serve as the primary liaison to Operational Support departments for assigned products.
• Maintain proficiency in departmental operations to assist as a backup for other products and services.
• Work as a member and/or leader of a cross-functional team that addresses the development and implementation of new and/or enhanced products and services within determined deadlines.
• Oversee and review mandate and industry product impacts.
• Partner with marketing to communicate internally and externally on pertinent bulletins.
• Direct and oversee maintenance, mandate, industry requirement, or vendor replacement product commercialization duties in conjunction with internal teams.
• Use commercialization process to execute on system readiness with partners both internal and external.
• Maintain, lead and respond to product-focused servicing ticket inquiries through the defined channel.
• Perform other duties as assigned.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees