In this overview of the font, (Attached at the link below) it specifies that it could make some applications run slowly. what I would do is install veneer back on and do all your text work in Photoshop at your video resolution and then export it out as a PNG to then work with in After Effects. once it is down to a manageable size and set to a fixed alpha for the distress then I think Ae will no problem working with it.
From what it looks like this font is very hi-res so probably not vector. It also has a large number of custom features added into it, like multiple grunge type alpha channels, several anti-aliasing options and so forth, so that is a lot of stuff for a font. So I say flatten it down with its alpha and then bring it in.
https://www.myfonts.com/fonts/yellow-design/veneer/
Doyle Lewis, Assistant Videographer
thinkck.com