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 Data Scientist who can apply data mining techniques, mathematical and statistical analyses, and machine learning algorithms to large data sets. The data scientist will collect, process, and analyze large data sets to uncover trends, patterns, and insights.
They will be responsible for building and evaluating predictive models and algorithms, designing experiments, and interpreting the results for stakeholders. Additionally, data scientists collaborate with cross-functional teams to implement data-driven solutions and ensure the accuracy and effectiveness of data models and analytical methods.
The ideal candidate will be comfortable communicating with a wide audience, including business and technical teams. They will have a passion for problem-solving, knowledge sharing, and continuous learning.
Day in the Life:
Collaborate with stakeholders throughout the business to understand existing processes and identify opportunities for leveraging data to drive solutions.
Perform data mining and analysis from various databases to build solutions for optimizing product development, client portfolios, and business strategies.
Design and build custom AI/ML models and algorithms applied to data sets for enhancing products and processes.
Conduct exploratory data analysis to determine the effectiveness and accuracy of data for application in models and algorithms.
Develop and perform A/B testing frameworks to assess model quality and validity.
Interpret data analysis, model, and algorithm results to business and technical teams to facilitate decision-making.
Design and build predictive models to increase and optimize portfolios, generate revenue opportunities, prevent client attrition, and optimize portfolio segments for timely offers.
Develop processes and tools for monitoring and analyzing model performance and data accuracy.
Stay updated on industry standards and advancements in data-driven technologies and tools
Work in an agile framework as needed
Perform duties as assigned.
Qualifications:
Bachelors degree in Operations Research, Statistics, Mathematics, Computer Science, Physics or similar field.
2+ year’s professional experience working within business intelligence, data science, or operations research with experience in development of advanced analytics.
- Proficient with computer languages such as Python, and SQL.
- Familiar with various machine learning techniques including clustering, ensemble methods, artificial neural networks. Understanding their advantages and drawbacks and when to apply each.
- Proficient in advanced statistical techniques such as various regression modeling (linear, logistic, polynomial, etc.), forecasting methods, with practical application experience.
- Knowledgeable in cloud platforms for data science, Preferably Azure and Databricks.
- Familiar with big data platforms such as Databricks and/or Snowflake
- General knowledge of PCI standards and regulations.
- Familiar with Agile methodologies and practices.
- Experience with AI Models,, NLP, and/or LLM's preferred
- Experience building classification models preferred
- Excellent verbal, written, and visual communication skills, with the ability to tell a story using data and visualizations.
#LI-LM1
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
$84,900.00 - $108,200.00Actual 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 [email protected] for assistance.
Skills Required
- Bachelor's degree in Operations Research, Statistics, Mathematics, Computer Science, Physics or similar field
- 2+ years professional experience in business intelligence, data science, or operations research
- Proficiency in Python and SQL
- Familiar with machine learning techniques such as clustering and ensemble methods
- Experience with advanced statistical techniques and regression modeling
- Knowledge in cloud platforms, preferably Azure and Databricks
- Familiar with big data platforms such as Databricks and/or Snowflake
- General knowledge of PCI standards and regulations
- Familiarity with Agile methodologies
- Experience with AI Models, NLP, and/or LLM's
- Experience building classification models
- Excellent verbal, written, and visual communication skills
Velera Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Velera and has not been reviewed or approved by Velera.
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Healthcare Strength — Healthcare coverage is positioned as strong, with medical, dental, and vision benefits repeatedly emphasized alongside additional supports like telemedicine and disability coverage.
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Retirement Support — Retirement benefits appear robust, with a 401(k) employer match frequently highlighted and immediate vesting described in benefit summaries.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle perks are portrayed as broad, including EAP and mental-health resources, pet insurance, legal plans, and other auxiliary programs that add value beyond base pay.
Velera Insights
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.
