ORGANIZATIONAL
CONTEXT
The Higher Education Students’ Loans Board (HESLB) was established under Act
No. 9 of 2004, (as amended) with the objective of assisting, on a loan basis,
needy Tanzanian students who secure admission in accredited Higher Learning
Institutions, but who have no financial ability to pay for the costs of their
education.
The achievement of the HESLB in the last 1
0 years include; introduction of
Means Testing System, significant increase of the amount of annual disbursed
loans from TZS, 56.1 b in 2005/2006 to TZS 473b in 2015/2016, increased
cumulative loan beneficiaries from 42,729 in 2005/2006 to 325,134 in 2014/2015,
improved cumulative loan collections from TZS 53M in 2006/2007 to TZS 82.6b in
2014;2015, implementation of end to end computer software that includes Online
Loan Application System, Loan Allocation Module, Loan Disbursement Module and
Loan Repayment module, and establishment of zonal offices in Dodoma, Zanzibar,
Mwanza and Arusha with plans to open other zonal offices in Mbeya and Dar es
Salaam.
Currently the HESLB is in the process of being transformed into a fully-fledged
Higher Education Financing Institution.
To realize the transformation agenda while providing excellent services, HESLB
seeks to recruit a resourceful and strategic leader with strong track record of
excellent performance and experience from leading an organization serving
multiple stakeholders to fill the position of the Executive Director.
JOB SUMMARY
• Reporting to the Board of Directors, the Executive Director is responsible
for the overall management of the HESLB, as provided for under the Higher
Education Students’ Loans Board Act; Act No. 9 of 2004, (as amended).
• S/he provides support to the Board as it carries out its governance
functions. S/he serves as Chief Executive of the HESLB and, in partnership with
the Board, is responsible for the success of the HESLB. Together, the Board and
Executive Director assures HESLB’s relevance to the community, the
accomplishment of HESLB’s mission and vision, and the accountability of HESLB
to its key stakeholders.
JOB KEY
ACCOUNTABILITIES
• Legal compliance – assures full compliance with relevant laws and regulations
and guides the process of legal reforms in the interest of financing higher
education students.
• Strategy, policy and planning -leads the strategy formulation, transformation
agenda, operational planning, budgeting and review of policies and processes to
ensure efficient and effective delivery of services
• Management and administration – Effectively manages the human resources of
the HESLB, manages the day-to-day operations, and assures a smoothly
functioning, efficient Board.
• Governance – facilitates the Board of Directors to play its governance
fiduciary role, focuses Board attention on long-range strategic issues, and
manages the Board’s due diligence process to assure timely attention to core
business.
• Financing – formulates and drives innovative strategies of generating funds,
oversees the fiscal activities of the Board, implements effective loan recovery
strategies to ensure sustainability of the Board.
• Public relations and stakeholders expectations management – chief
spokesperson of the Board, accountable to all key stakeholders and fosters
beneficial relationship with general public to facilitate the integration of
the Board into the fabric of the community
• Team leadership and delivery – leads, motivates staff and builds a high
performance team with capacity to deliver against set targets.
• Risks identification and their management- identifies risks, leads planning,
design and implementation of the overall risk management framework of the
Board.
KEY JOB
REQUIREMENTS:
• Minimum of a
Master’s degree in any of the following fields: Accounting and Finance, Banking
and finance, Economics, Commerce, Engineering, Law or Business Administration.
Candidates in other fields with proven excellent track record of managing
reputable institutions will also be considered.
• A Professional qualification – CPA (T), ACCA will have an added advantage
• At least eight (8) years’ work experience in a senior Leadership position in
a reputable institution with a proven track record of producing desired
results.
• Excellent computer application skills
• Excellent spoken and written English and Kiswahili
PERSONAL QUALITIES
• Entrepreneurial ‘can do it spirit with ability to lead business transformation
initiatives
• Strong interpersonal skills.
• Bias for action, Drive for results and Engaging & Influencing.
• Consistently role model acting according to one’s own principles and
delivering to organizational values and expectations.
REMUNERATION:
Attractive salary and benefits will be offered
HOW TO APPLY
For more information and a full job description visit www.heslb.go.tz
Applicants should send a resume and cover letter outlining how they meet the
specific requirements of the position through:-
Chairman of Search
Committee
CRDB Bank Head Office
Azikiwe Street, Office Accommodation Scheme Bldg (4th Floor)
P.O. Box 268,
Dar es Salaam
By CLOSING DATE:
30th January, 2016
While we sincerely appreciate all applications, only those candidates
shortlisted for interview will be contacted.
