Fintech Boutique Velera Seeks Remote Strategy & Implementation Consultant

Velera emerged from the merger of PSCU and Co-op Solutions, two major players in the credit union services sector. This combination created the largest credit union service organization (CUSO) in the United States, serving over 4,000 financial institutions. The company's rebranding as Velera in January 2024 signaled a unified approach to providing comprehensive fintech solutions to its credit union clientele. Velera's consulting services are delivered through its Advisors Plus division, which focuses on strategic and operational guidance for credit unions. This includes consulting on payments, marketing, digital strategies, and fraud risk mitigation. A case study with Credit Union ONE highlighted how Advisors Plus's involvement led to significant growth in the credit union's accounts and balances between 2018 and 2020. The Strategy & Implementation Consultant role at Velera is designed to bridge the gap between strategic advice and tangible outcomes for credit union clients. This involves not only developing strategies for areas like payment portfolio growth and operational efficiency but also actively participating in their execution. Consultants at boutique firms like Velera often have a more hands-on role in implementation compared to their counterparts at larger firms. For professionals transitioning into consulting, boutique firms can offer a more specialized and impactful experience. Unlike the broader focus of large consulting houses, boutique firms often concentrate on specific industries or functional areas, allowing consultants to develop deep expertise. The flatter organizational structure of smaller firms can also lead to more direct client engagement and faster career progression. A background in financial services or experience working within a credit union can be a significant asset when applying to a specialized firm like Velera. To position this experience effectively, candidates should focus on highlighting transferable skills such as problem-solving, data analysis, and project management. Emphasizing a deep understanding of the credit union industry's unique challenges and member-centric focus can also be a key differentiator. The day-to-day work in a boutique consulting firm often involves a broader range of responsibilities compared to larger firms. A consultant might be involved in data analysis, client workshops, and the development of implementation roadmaps, all within the same project. The emphasis is on providing tailored solutions that address the specific needs of each credit union client, from enhancing their digital presence to optimizing their rewards programs. Hiring trends in the consulting industry show a growing demand for specialists, which benefits boutique firms. As businesses seek targeted expertise, particularly in areas like digital transformation and data analytics, the value proposition of specialized consulting firms continues to rise. This trend suggests a favorable environment for those with specific industry knowledge looking to enter the consulting field. For those in a career transition, it's crucial to translate past accomplishments into the language of consulting. Instead of listing job duties, focus on the quantifiable impact of your work. For example, rather than stating you "managed a project," describe how the project resulted in a specific percentage of cost savings or revenue growth. This results-oriented approach is highly valued in the consulting industry.