Summer 2025 Intern- Finance Product Profitability

Posted 9 Hours Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
Internship
Fintech • Payments • Financial Services
The Role
The Finance Intern will assist Velera in analyzing financial data to improve profitability and productivity. Responsibilities include corporate efficiency analysis, revenue optimization, automated reporting, visual reporting development, and vendor contract analysis. Interns will also gain industry insights and networking opportunities over the 10-week program.
Summary Generated by Built In

Join the People Helping People

PSCU/Co-op Solutions is now Velera! PSCU and Co-op Solutions became a single entity on January 2, 2024, and our new company name was announced on May 7, 2024. Our new brand represents our combined company’s shared mission and unique ability to drive velocity and positive momentum for credit union success in a new era of financial services.

Finance Internship Goals and Objectives

The purpose of this engagement is to describe the opportunity for a Finance intern to help Velera improve its finances by better understanding its current and future revenues and expenses as well as helping Velera's sign improved client profitability and product penetration review.

The selected candidate will work on project(s) impacting:

  • Corporate productivity and efficiency analysis

  • Revenue optimization analysis and reviews

  • Automated reporting design

  • Visual reporting development thru application integration

  • Velera's management and assessment of internal capital spending, including but not limited to product development projects

  • How Velera prices and structures business deals with new clients or contract renewals with existing clients

  • Analysis of existing and new vendor contracts/pricing

  • Investment decision support modeling (Net Present Value, Return on Investment calculations).

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 junior or senior undergraduate student - 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.

Over the course of this 10-week program, it is VELERA's goal to provide our interns not only with a real job experience that better prepares future graduates for their chosen profession, but to provide them the knowledge and experience vital to navigate a business environment. In our program, interns will engage with a group of their peers in acquiring a knowledge foundation in Credit Unions, the financial industry, Six Sigma, preparing for a job search, presentation skills, and more. You will also be given opportunities to network directly with industry leaders at Velera.

Velera Intern Program Entry Qualifications

  • Completion of sophomore or junior year in an accredited undergraduate degree program with a 3.0/4.0 GPA at time of application.

  • Outstanding verbal and written communication skills, with the ability to coordinate thoughts, communicate, completely, and concisely.

  • Strong, organizational, and detail skills, with the ability to consistently perform as business requests.

  • Strong critical thinking, 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 Excel.

  • 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.

  

About Velera

At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners.   Learn more about our commitment to Diversity, Equity, and Inclusion HERE!

Pay Equity

$20.00

to

$20.00

Actual 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 and the "EEO is the Law" Poster Supplement. 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 (English and Spanish). For information regarding your Right To Work, please click here (English and Spanish poster).

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at [email protected] for assistance.

Top Skills

Excel
The Company
San Ramon, California
4,405 Employees
On-site Workplace
Year Founded: 1977

What We Do

Velera, formerly PSCU/Co-op Solutions, is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, our 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. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio.

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