Main Responsibilities of the Job

Develop a disbursement strategy for the education loan portfolio, ensuring the achievement of
targets on disbursement as set forth in the MoU with the Ministry of Education.
• Update the policies, procedures, and processes required to effectively, efficiently, and
timely disbursement of study loans/bursaries to all eligible students.
• Establish and maintain the relationships/partnerships with all stakeholders required to
deliver the disbursement strategy
• In consultation with the Loan Collection team, data scientists establish a database with
accurate information for all study loans/bursary beneficiaries
• Provide input into the development of systems employed in the management of higher
education financing scheme, providing the capability required to undertake effectively,
efficiently, and timely disbursement of study loans/bursaries
• Implement the department’s operating policies and procedures concerning
disbursement and other applicable activities, delivering compliance in the process
• Coordinate all disbursement activities for timely disbursement of living allowances and
tuition fees
• To ensure that claims from all students regarding contract signing, living allowances,
and tuition fees payments are responded to on a timely basis
• Compile and review weekly, monthly, quarterly, and annual reports on student
loan/bursary disbursement for monitoring and evaluation purposes
• Work with the IT team to ensure that MINUZA is regularly updated to serve the needs
of users and all stakeholders
• Work with IT to ensure that systems integrations for the key stakeholders (HEC and all
Higher Learning Institutions etc) are up and running to facilitate beneficiaries’ and
accurate information.
• Monitor proper filing of disbursement documents to avoid loss of documents
• Oversee data management, delivering clean system data that supports the
disbursement effort
• Undertake proactive coaching and development of disbursement staff, ensuring the
availability of competencies required to deliver the disbursement strategy.

Professional, academic qualifications and experience

• Master’s degree in economics, Business Administration, Accounting, and Finance and
any other related field with 5 years of experience in senior positions in the field of
finance or banking.
• Bachelor’s degree in accounting, Finance, Economics and any other related field with
10 years of experience at the middle management level in the fields of finance,
banking, or any other related field.
• Sound knowledge of banking or funds management are added advantages.