Westpac Group – Impact of major changes
Westpac Group Home Finance Managers (HFMs) and St George Lenders from across the country recently met to discuss the impact of recent changes.
HFMs have raised a number of issues:
- Inconsistent policy and credit changes, especially during the COVID crisis.
- OBP – major problems in training, rollout and policy not reflecting processes.
- Targets – failure to readjust targets to reflect the reality of COVID and major blowouts in time to process loan applications.
- Lack of work life balance, with reports of staff working excessive hours, including late nights and weekends.
It is important that impacted employees act together. There are 3 things that HFMs can do to address these issues.
- Tell your story
- Sign onto the campaign
- Play a role to bring about change.
Please tell your story and register for the campaign here.