Main Responsibilities of the Job
Develop a Loan Collection strategy for the education loan portfolio, ensuring the achievement of
targets on recoveries as set forth in the MoU with the Ministry of Education.
• Develop annual action plans and activities for the Loan Collection unit, capturing the key
performance areas to be delivered against.
• Update the policies, procedures, and processes required to effectively and efficiently
recover the study loans to the maximum.
• Establish and maintain the relationships/partnerships with all stakeholders required to
deliver the Loan Collection strategy
• In consultation with the disbursement team, data scientist establish a database that will
support the Loan Collection process
• Provide input into the development of systems employed in the management of higher
education financing scheme, providing the capability required to undertake effective and
efficient Loan Collection of study loans
• Implement the department’s operating policies and procedures in relation to Loan
Collection and other applicable activities, delivering compliance in the process
• Coordinate all core Loan Collection activities for timely delivery and quality Loan Collection
processes
• Monitor compliance by employers and loan beneficiaries, ensuring that reminders on
repayment are made in a timely manner.
• Engage inspection units on the non-complying employers and beneficiaries to ensure
inspection is planned for them

Professional, academic qualifications and experience

• Master’s degree in economics, Business Administration, Accounting, Finance and any
other related field with 5 years of experience in senior positions in the fields of external
audit, finance, or enforcement of statutory deductions (e.g., taxes, pension, and medical
contribution)
• 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 external audit,
finance, or enforcement of statutory deductions (e.g., taxes, pension, and medical
contribution)
• Sound knowledge of banking or funds management are added advantages.