Title of Post                :         Loans and Grants Disbursement Officer

Grade                              :         HES 5

Reporting to                    :         Loans and Grants Disbursement                                                                     Manager

Responsible for               :         Senior Assistant Loans and Grants                                                                Disbursement Officer      

Purpose of the Job                              

To process and supervise the processing of loan applications and monitoring 

Key Duties and Responsibilities:

1. Analysing loan applicants in line with HESLGB’s criteria, identifying their needs and processing loan applications;
2. Analysing active loan files on a regular basis and recommending solutions for speeding up the loan processes;
3. Completing student loan contracts and clarifying on student-related policies and regulations;
4. Interfacing with applicants to clarify or resolve outstanding issues;
5. Submitting student loan applications in a timely manner.
6. Preparing detailed periodical and annual loan disbursement reports;
7. Monitoring and updating loan beneficiary account records.
8. Responding to applicants' questions and resolving any loan-related issues.
9. Appraising subordinate staff.

Qualifications and Experience:

1. Bachelor’s Degree in Finance, Economics or a related field from an accredited institution;
2. A minimum of two (2) years experience as a loan officer;
3. Solid understanding of local and national loan regulations;
4. In-depth knowledge of computers and loan processing experience 
5. Outstanding interpersonal and communication skills.

Method of Application

All interested applicants should send their application letters and detailed Curriculum Vitae clearly indicating age, gender, and years of experience including copies of certificates, a copy of National Identity, and three traceable referees that include previous employer, not later than 19th April 2024 to:

The Executive Director

Higher Education Students’ Loans and Grants Board

P/Bag B417

Capital City

Lilongwe 3.

Alternatively, applicants can deliver the required application documents by hand to our Offices which are located in Mbulo Office Complex in Area 47, Sector 1, just behind Gateway Mall Shopping Centre, opposite the National Aids Commission Offices.

Applicants should indicate the position they are applying for on the envelope. HESLGB is an equal opportunity employer and women are also encouraged to apply. Only shortlisted candidates will be acknowledged.