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
The Product Owner role is accountable for maximizing the value delivered by the agile development team. This role is technical and centers on defining a compelling product vision, translating business objectives into actionable epics, features, and user stories, and prioritizing the product backlog to align with key business goals and ROI.
This is an expert level role that works closely with both technical and non-technical stakeholders—serving as a bridge to ensure clear communication and shared understanding. Through ongoing backlog refinement, stakeholder engagement, and transparent prioritization, the Product Owner empowers the team to deliver high-quality, business-focused solutions that meet end-user needs.
A Day in the Life
- Work in a fast-paced agile/scrum environment in which the role, with assistance, would:
- Define a clear product vision for the Agile team, refine well-defined epics and features with stakeholders.
- Understand MVP needs by assigning business value at the epic and feature level. Translate the “What” of the epics and features into stories defining the “How” for successful completion. If required, creation of repeatable Epics and Features may exist for BAU work
- Advanced ability in prioritizing, ordering, and managing one or more product backlogs in a way that is transparent, visible and maximizes business value and ROI.
- Work with other Product Owners to align and prioritize backlogs to align with project delivery goals.
- Define product and business requirements and, in collaboration with the Analyst, document user stories and acceptance criteria for the Agile Team; continuously refine, prioritize, and validate requirements to drive high-quality product delivery.
- Lead discussions and decisions with the Agile team to assess how products and their features impact revenue, expenses, profit, cash flow, valuation, and ROI.
- Independently, develop a Delivery Plan that identifies work by technical domain, work dependencies, and schedule, ensuring stakeholders are aligned with the overall plan.
- Partner with Technical Leads and Architecture to confirm that technical aspects of epics and features—along with the roadmap—are prioritized to optimize the team’s value and efficiency.
- Independently facilitate and showcase the product vision and capabilities to external clients or vendor partners.
- Presentation of status updates, financial insights, and long-term product plans that are closely aligned with the organization’s objectives and strategic roadmap.
- Effectively communicates complex concepts in a clear and succinct way, using process flow diagrams and data-driven information to ensure understanding across both technical and non-technical audiences.
- Assist, as needed, in other team roles such as Scrum Master, Business Systems Analyst, or QA Analyst.
- Ability to independently translate multi-year product plans concisely for executive management, aligning them with organizational goals; communicate clearly to technical and non-technical audiences using process flow diagrams and data-centric information.
- Proactive action to resolve impediments, anticipate and manage risk, and identify the right business partners to inform product direction decisions, ensuring timelines and budgets are met.
- Champion change and help the team pivot in response to evolving organizational priorities.
- Perform other duties as assigned.
Qualifications
- Bachelor’s degree in Computer Science, Management Information Systems, related technology field, or equivalent combination of education and experience.
- 10+ years of professional work experience in a combination of technical roles and product owner required or combination of equivalent educational experience.
- Embrace and demonstrate our company core values.
- Expert familiarity and desired to learn more on architecture concepts, quality assurance, API’s, databases, development technologies, and/or Customer / User Experience.
- Prior experience working in DevOps CI/CD pipelines
- Mentor and grow junior level Product Owners on Agile, technology, and communication best practices.
- Advanced knowledge of Agile methodologies and tools (Scrum/Kanban, ADO/JIRA).
- Expert familiarity with the Product Development Lifecycle and Software Development Lifecycle.
- Proven experience working in Azure DevOps (ADO) required
- Experience writing ADO queries and creating ADO dashboards
- Ability to maintain an effective Agile backlog.
- Expert financial technology industry knowledge is a plus
#LI-LM1
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
$95,800.00 - $124,500.00Actual 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.
Top Skills
Velera San Ramon, California, USA Office
3001 Bishop Dr, Suite 110, San Ramon, California, United States, 94583
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