Loans Officer (Recovery) , Higher Education Students' Loans Board (HESLB)

The Higher Education Students' Loans Board (HESLB); was established under the Act No. 09 of 2004 (as amended) and
started operations in July, 2005. The main functions of the HESLB, among others, include the following:-
i. To issue Loans, Grants and Scholarships to Eligible and Needy Tanzanian Higher Education Students;
ii. To keep Records of beneficiaries of those funds and amounts issued to them
iii. To collect Repayments for all Loans issued to Students since 1994 so as to Re-Iend the collected funds to other Eligible and Needy Tanzanian Students;
iv. To maintain collaboration and Networking with Key-Stakeholders including Higher Education Institutions (HEls), Employers and Loans Beneficiaries;
v. To advise the Government on matters relating to issuance of Loans, Grants, Scholarships and Recovery of Loans;
The Board now invites applications from qualified Tanzanians to fill the vacant position listed below:

LOANS OFFICER (RECOVERY) GRADE II ~(HESLB SCALE 4.0) - 3 POSTS
5.1 Qualifications:
(i) Holder of First Degree/Advanced Diploma in Finance, Accountancy, Economics, Business Administration or Banking; -
(ii) Excellent communication skills in both English and Kiswahili
(iii) Must be Computer literate.

5.2 Duties and Responsibilities:
• To identify or track loan defaulters since 1994 for the purpose of recovering the loans;
• To scrutinize loan contracts or agreements entered into between students and the Government since 1994;
• To prepare a Register or Record of identified loan to be recovered;
• To calculate and establishes the amount of loan to be recovered from each loan defaulters;
• To prepare a Register or Record of identified loan beneficiaries;
• To initiate formulation of appropriate mechanisms for recovery of such loans;
• To perform such other functions as may be directed by his/her Supervisor.
5.3 Personal Attributes:
• A good Team Player with ability to work independently and committed to deliver High Quality work at the
agreed time frame;
• Excellent interpersonal Communication Skills in both English and Swahili;
• Demonstrated Excellent Personal Integrity and Confidence;

GENERAL INFORMATIONIREQUIREMENTS:
Remuneration:
Competitive and attractive Remuneration package will be offered to the Right Candidate as per HESLB Salary
Structure.
 

APPLICATION INSTRUCTIONS:

Candidates meeting the above Job Requirements should submit their Typed and Signed Applications with two
(2) Passport Size Photographs glued on the front page at the top of the Application letter along with the
following attachments:-
i. A signed detailed Curriculum Vitae (CV) showing Names of three (3) Referees, their Contact Addresses,
E-mails and Telephone Numbers
ii. Photocopies of Birth Certificates or Passports;
iii. Copies of Academic Transcripts and Certificates to:

The Executive Director,
Higher Education Students' Loans Board,
Plot No. 08 Block No. 46 Sam Nujoma Road - Mwenge,
P.O. Box 76068,
DAR ES SALAAM

NB: The Envelopes containing Application documents, should be Marked with the Title of the Post being applied for,
any un-marked envelop will automatically be Disqualified. This is intended to assist the Board in sorting out the
applications.
Deadline for Applications:
Closing date will be 30th September, 2015 at 17.00hrs. For applications being submitted through Post Office,
only those stamped by the Post Office between the dates of this Advertisement and the closing date will be
opened for consideration.
Non-Shortlisted Applicants:
Only short-listed Applicants will be contacted.
Age Limit:
Applicants for the advertised posts should be below 45 years old at next Birth day as the posts entail for
Pensionable Schemes.
For previous employees:
Applicants who have already worked with the Board on temporary basis and who could not be absorbed by the
Board for inadequate performance or qualifications should not apply for these posts.