MULTIPLE VACANCIES (3 POSITIONS)
THE HIGHER EDUCATION STUDENTS LOANS AND GRANTS BOARD (HESLGB)
THE HIGHER EDUCATION STUDENTS LOANS AND GRANTS BOARD (HESLGB)
Job opportunity
Job Description
OVERVIEW
The Higher Education Students Loans and Grants Board (HESLGB) is a statutory body established by an Act of Parliament No. 2 of 2015, with the dual mandate of providing loans and grants to the needy and deserving students in all accredited institutions of higher learning in Malawi and recovering all matured loans from former loan beneficiaries. The Board is serviced by a Secretariat headed by the Executive Director as the Controlling Officer.
Applications are invited from suitably qualified candidates of Malawian nationality to fill the vacant positions within the Secretariat of the Higher Education Students Loans and Grants Board (HESLGB).
POSITION 1: DIRECTOR OF LOANS AND GRANTS DISBURSEMENT (GRADE HES 3)
Reporting to: The Executive Director
KEY REQUIREMENTS
- First Degree plus a Master's Degree obtained from an accredited institution in any of the following fields: Education, Public Administration, Business Administration, Management Studies and Social Sciences; or Equivalent professional qualifications in Finance, Banking and Accounting; or Comparable qualifications in other related fields but complimented with a proven track record of managing institutions of higher learning or commercial enterprises or loans.
- At least five (5) years of post-qualification experience at senior management level, after obtaining a Master's Degree.
- Knowledge of Government procedures and regulations.
- Passion to support matters of needy students.
- Knowledge of socio-economic structure of the Malawian population including the welfare of students in institutions of higher learning.
- Conflict resolution skills.
- Ability to supervise others, a self-starter and self-motivation.
- Familiar with contemporary developments in higher education financing globally.
- Person who is ethical and of high integrity.
- Be results oriented and able to cope with work pressure.
- Demonstrable experience in executive management.
KEY RESPONSIBILITIES
- Advising the Loans and Grants Disbursement Committee of the Board on the development and review of criteria, systems and procedures for the assessment of loan and grants applications and disbursement.
- Implementing policies on loans and grants disbursement.
- Drafting adverts on loans and grants application and disbursement process and calendar.
- Planning, conducting and evaluating various awareness campaigns on the loans and grants application and disbursement process.
- Establishing and maintaining effective operational links with students and administrators of accredited institutions of higher learning to ensure cooperation for the loans and grants disbursement processes.
- Leading the screening of applications for loans and grants in liaison with administrators of accredited institutions of higher learning.
- Preparing relevant reports on loan and grants disbursement for Management and Loans and Grants Disbursement Committee including releasing lists of students qualified and approved to be provided with loans and grants.
- Drafting press statements on disbursement of loans and grants as approved by the Board of Directors.
- Ensuring that legislations, policies and procedures relating to loans and grants disbursement are strictly adhered to.
- Initiating and facilitating the processing and payment of loans and grants.
- Administering bond forms to students approved to receive loans.
- Monitoring and evaluating the performance of the Loans and Grants Directorate to ensure achievement of objectives and performance targets and make recommendations for improvement.
- Preparing reports on loans and grants applications and disbursement and supporting the Executive Director in presenting them to the Board or the Loans and Grants Disbursement Committee.
- Collecting information about changes in academic calendars, students enrolment trends and cost of living and determining their potential effect on the work of the Board.
- Maintaining a database of all beneficiaries of loans and grants.
- Taking part in the development, implementation and review of resource mobilization strategies.
Appointment and Remuneration
The successful candidate shall be offered a performance related contract for a period of three (3) years subject to renewal for another term, with an attractive salary, benefits and gratuity commensurate with the seniority of the position, based on the Board's Staff Terms and Conditions of Service.
POSITION 2: FINANCE AND INVESTMENTS MANAGER (FIM) (GRADE HES 4)
Reporting to: Director of Finance and Investments
KEY REQUIREMENTS
- Bachelor's Degree in Business Administration, Accounting, Finance or any relevant field.
- A Master's Degree or professional qualification in Finance, Accounting, Banking, Business Administration or any relevant field.
- At least three (3) years' experience in a management position in a busy organization.
- Analytical, accurate, and deadline driven.
- Extensive computer literacy on relevant software packages including Sage Evolution.
KEY RESPONSIBILITIES
- Ensuring that effective financial procedures and financial controls are in place in order to effectively control and manage the fund.
- Ensuring effective and efficient utilization of the Loans Board's financial resources and management of Loans Board's assets.
- Planning and executing finance policies and procedures for HESLGB.
- Closely working with and supervising the Finance Officer, checking prepared vouchers or any financial correspondence before finally approving them.
- Promoting programs and services that are produced in a cost-effective manner, while maintaining an acceptable level of quality.
- Overseeing the fiscal activities of the organization including budgeting, reporting and audit.
- Ensuring effective loans recoveries and disbursement processes.
- Working with Executive Director to ensure financing to support short- and long-term goals.
- Ensuring that there is timely submission and presentation of administration and financial reports required by management and the Board as per the reporting matrix.
- Formulating and driving innovative strategies of generating funds in order to increase the financing capacity of the Board.
- Assuring an effective fund mobilization strategy by serving as the fund-mobilizing officer as per the Act.
- Establishing, leading, mentoring staff to form an adequately resourced working team.
- Managing against annual work plan to deliver targets.
- Identifying and solving performance bottlenecks.
POSITION 3: ASSISTANT CIVIC EDUCATION OFFICER (GRADE HES 7)
Reporting to: Communications and Civic Education Officer
KEY REQUIREMENTS
- A Diploma in Communication/Political Science/Journalism or Business Administration from a University recognized by NCHE.
- At least 2 years proven experience in a similar role.
- Ability to communicate with confidence on a variety of topics to different audiences.
- Should have excellent judgement.
- Should possess strong intuition.
KEY RESPONSIBILITIES
- Assist in following-up on administrative and logistical arrangements to organize press briefings and other events, such as workshops and conferences.
- Assist in production of information materials for public awareness campaigns and for the preparation of in-house bulletins, newsletters and information kits by contributing to articles, reports and other information gathered from various sources.
- Liaise with printers concerning brochures and publications published by the office.
- Assist in drafting routine correspondence and texts for the office's website and maintain information databases.
- Assist in compiling and distributing a daily news clipping service.
- Distribute press statements and similar information to media, to other offices locally as well as to Headquarters.
- Maintain up-to-date filing system and appointments diary.
- Perform other related duties as required.
Requirements
HOW TO APPLY (FOR ALL POSITIONS)
For Position of Director of Loans and Grants Disbursement:
Interested candidates should submit their application letters, copies of certificates, detailed Curriculum Vitae (CV), copy of National ID and names of three (3) traceable referees to:
By Post:
The Comptroller of Statutory Corporations
Department of Statutory Corporations
P.O Box 30061
LILONGWE 3, Malawi
Physical Address: Capital Hill, New Building, Ground Floor
For Positions of Finance and Investments Manager and Assistant Civic Education Officer:
Interested candidates should submit their application letters, copies of certificates, detailed Curriculum Vitae (CV), copy of National ID and names of three (3) traceable referees to:
By Post:
The Acting Executive Director
Higher Education Students' Loans and Grants Board
P/Bag B417
Capital City
LILONGWE 3, Malawi
Closing Date (For All Positions): 6th September 2026
Only shortlisted applicants will be acknowledged and invited for interviews.
About the employer
THE HIGHER EDUCATION STUDENTS LOANS AND GRANTS BOARD (HESLGB)
No description provided.