Job security shaping up to be a big issue for BNZ staff

With Finsec members in the middle of a series of stopwork meetings to discuss issues at bargaining (including job security), the BNZ picked a great time to announce their plan to cut up to 45 jobs by scrapping two roles.

The bank told affected staff this week that they are proposing to remove the Mobile Mortgage Manager and Home Loan Support roles nationwide.  The bank is proposing to create 10 new managerial level roles nationally that would focus on new business acquisition across all product sets. Responsibility for managing all retail home loan acquisition would transfer to the store network, primarily via Banking Advisors.

BNZ Union Councillor Debbi Wilding said that the BNZ continues to be a profitable business. “In our view, no one should be at risk of losing their job at this time. The bank’s proposal to cut 45 people’s jobs is all about the bottom line, and shows how important it is that we stick together in Finsec and make job security an issue for our upcoming bargaining.”


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