At a Glance
- Tasks: Deliver top-notch service to members and handle AML and fraud monitoring.
- Company: Join Laboratories Credit Union, a member-focused financial institution with 72 years of experience.
- Benefits: Full-time role with a supportive team and opportunities for learning and development.
- Other info: Dynamic role with varied tasks and a focus on personal integrity and collaboration.
- Why this job: Make a real difference in members' lives while building skills in finance and compliance.
- Qualifications: ASIC Tier II accreditation and banking experience preferred; strong communication and teamwork skills essential.
The predicted salary is between 47250 - 57750 $ per year.
We are looking for a Member Service Officer to join our Member Service team at our North Ryde head office. Reporting to the Member Service Team Lead, you will deliver high-quality service to our members while taking responsibility for AML monitoring, fraud monitoring and key administrative functions. This is a varied role where no two days are the same.
Key responsibilities
- Respond to member enquiries by phone, email and in branch, and take ownership of each one through to resolution.
- Open new memberships and introduce members to LCU's full range of products, including deposits, fixed investments, personal loans and home loans.
- Process payments, including BPAY, EFTs and Osko, and handle daily remittance, balancing, and exception and error processing.
- Carry out AML Officer duties, actioning and escalating suspicious transactions as appropriate.
- Monitor card and payment activity, investigate fraud, and elevate suspicious activity.
- Manage deceased estates, frozen accounts and multiple memberships in the same names in line with Financial Claims Scheme requirements.
- Record and resolve member complaints.
- Complete compliance tasks on time and keep Member Service processes documented and up to date.
- Support the Lending, Marketing and Finance teams when needed.
About you
- ASIC Tier II accreditation (essential or willing to complete immediately).
- Credit union or banking experience.
- Knowledge of relevant digital, software and IT platforms.
- Strong time management, with the ability to prioritise tasks and meet deadlines.
- Clear verbal and written communication skills.
- A high level of proficiency in Microsoft Word and Excel.
- A team-first attitude and the ability to work effectively with others.
- Good working understanding of the regulatory framework for the sector, including the AML/CTF Act, the Customer Owned Banking Code of Practice, the National Credit Code, the Privacy Act, the E-Payments Code and responsible lending obligations, or be keen to build that knowledge quickly.
About us
Laboratories Credit Union (LCU) is a member-owned financial institution that has put its members first for over 72 years. Our culture is built on highly satisfied members, open and transparent communication, personal integrity, collaboration, innovation and initiative, with a strong compliance focus and a genuine commitment to upskilling and learning.
A full-time role at our North Ryde head office. A supportive, collaborative team that values learning and development. The chance to build deep skills in AML, fraud and compliance.
Member Service Officer in Ryde employer: Laboratories Credit Union Limited
Laboratories Credit Union (LCU) is an exceptional employer located in North Ryde, offering a supportive and collaborative work environment that prioritises member satisfaction and employee development. With a strong focus on compliance and continuous learning, employees have the opportunity to enhance their skills in areas such as AML and fraud monitoring while being part of a team that values integrity and innovation. Join us to experience a dynamic role where no two days are the same, and contribute to a member-owned institution that has been dedicated to its community for over 72 years.
Contact Details:
Laboratories Credit Union Limited Recruitment Team
