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Applications are invited from suitably qualified candidates of Malawian nationality to fill three the vacant position of Director of Loans and Grants Disbursement within the Secretariat of the Higher Education Students Loans and Grants Board (HESLGB).
The Organisation
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. Vacancies have arisen for position of Director of Loans and Grants Disbursement in the Directorate of Loans and Grants Disbursements, Finance and Investments Manager in the Directorate of Finance and Investments and Assistant Civic Education Officer in the Communications Division. HELGB is therefore, looking for suitable candidates to fill these vacant positions as detailed below:
The Organisation
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. Vacancies have arisen for position of Director of Loans and Grants Disbursement in the Directorate of Loans and Grants Disbursements, Finance and Investments Manager in the Directorate of Finance and Investments and Assistant Civic Education Officer in the Communications Division. HELGB is therefore, looking for suitable candidates to fill these vacant positions as detailed below:
Job Summary
- Type: full-time
- Location: Lilongwe
- Category: Finance
- Closing Date: 2026-09-06
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. and
- Taking part in the development, implementation and review of resource mobilization strategies;
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; and
- 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; and
- Demonstrable experience in executive management.
Salary
an attractive salary, benefits and gratuity commensurate with the seniority of the position, based on the Board’s Staff Terms and Conditions of Service
How to Apply
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:
The Comptroller of Statutory Corporations
Department of Statutory Corporations
P.O Box 30061
LILONGWE 3
Physical Address: Capital Hill, New Building, Ground Floor
Closing date for receiving applications is 6th September, 2026.
Only shortlisted applicants will be acknowledged and invited for interviews.
The Comptroller of Statutory Corporations
Department of Statutory Corporations
P.O Box 30061
LILONGWE 3
Physical Address: Capital Hill, New Building, Ground Floor
Closing date for receiving applications is 6th September, 2026.
Only shortlisted applicants will be acknowledged and invited for interviews.
About the Company
The Higher Education Students Loans and Grants Board (HESLGB) is a statutory body established under the Higher Education Students Loans and Grants Act of 2016 in Malawi. It operates from its headquarters in Lilongwe to administer financial assistance—including repayable loans and non-repayable grants—to eligible Malawian students pursuing undergraduate and postgraduate studies at accredited institutions. HESLGB works closely with public universities such as the University of Malawi, Mzuzu University, and Lilongwe University of Agriculture and Natural Resources, as well as approved private colleges. The Board is accountable to the Ministry of Education in Malawi and publishes annual reports detailing disbursements, repayment performance, and beneficiary demographics.
Providing student loans and grants for higher education in Malawi
Frequently Asked Questions
What qualifications do I need to become Director of Loans and Grants Disbursement at HESLGB?
Typically, employers in Malawi require a Master's degree in Finance, Accounting, Economics, Banking, or a related field, plus professional certifications such as ACCA, CIMA, or CPA Malawi. Significant senior management experience in credit management or disbursement operations is usually essential. A background in higher education financing or public sector lending is an added advantage.
What are the day-to-day responsibilities of this role?
The Director oversees the assessment, approval, and timely disbursement of student loans and grants to eligible beneficiaries across Malawi. Day-to-day work includes supervising disbursement teams, liaising with universities and colleges, ensuring compliance with government regulations, and reporting to the CEO and Board. The role also involves managing risk controls and monitoring loan recovery coordination.
What benefits can I expect in a parastatal role like this in Malawi?
Public sector and statutory body roles in Malawi typically include a pension scheme, medical aid coverage, and paid annual leave as per Malawian labour law. Some boards offer housing or transport allowances and performance-based incentives. Specific benefits vary by employer and are usually outlined in the job advertisement or contract.
What career progression is realistic from this position?
From Director level, professionals often progress to Chief Executive Officer of a statutory board, Permanent Secretary in government, or senior executive roles in banking and microfinance. Others move into consultancy or regional development finance organisations. Building strong networks within Malawi's public financial management sector supports such advancement.
How do I apply for this role and what do employers look for?
Applications are usually submitted via email or post to HESLGB with a cover letter, detailed CV, certified copies of certificates, and contactable referees. Employers look for demonstrated leadership experience, integrity (often verified through background checks), knowledge of Malawi's education financing landscape, and alignment with public service values. Meeting the stated deadline and following application instructions precisely is critical.
What is the work culture like at statutory bodies in Malawi?
Work culture in Malawian parastatals tends to be hierarchical but collegial, with respect for seniority and formal reporting lines. Punctuality, accountability, and adherence to public procurement and financial regulations are strongly emphasised. Stakeholder engagement with government ministries, universities, and students requires professionalism and strong communication skills.