Reserve Bank of Malawi (RBM)

The Reserve Bank of Malawi was established under an Act of Parliament in July 1964 (Chapter 44:02 Laws of Malawi) and started its operations in June, 1965 in Blantyre. The Reserve Bank of Malawi is the only institution permitted to issue the Malawian kwacha, which replaced the Malawian pound in 1971.

Job Vacancies, Internships, Tenders and Consultancies at Reserve Bank of Malawi (RBM)

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 RBM has shifted to a digital recruitment process. All applications must be submitted through the official RBM Recruitment Portal (typically hosted at rp.rbmrp.com). You will need to create an account, upload your CV, and attach certified copies of your academic certificates and National ID.

Generally, the Bank does not accept unsolicited applications. Candidates are encouraged to apply only for specific vacancies advertised on the RBM website, in national newspapers (The Nation/Daily Times), or on platforms like Ntchito.com.

The process usually follows these stages:

  • Online Application: Submission via the portal.

  • Longlisting: Initial screening based on minimum requirements.

  • Shortlisting: Detailed review by the Selection Committee.

  • Assessments: Depending on the role, this may include written technical tests, psychometric testing, or presentations.

  • Panel Interview: A formal competency-based interview.

  • Vetting: Background and security checks (crucial for central banking roles).

Yes, RBM occasionally runs Graduate Development Programs aimed at top-performing graduates in Economics, Finance, ICT, Law, and Accounting. Internship opportunities are also available for students currently enrolled in recognized universities to gain "Work Integrated Learning" experience.

The recruitment cycle at RBM is thorough. It can take anywhere from 4 to 12 weeks from the closing date of the advertisement to the publication of a shortlist or contact with successful candidates.

RBM publishes all Invitation to Bids (ITB) and Requests for Proposals (RFP) on their official website under the 'Procurement' section. They are also advertised in the local press and the ntchito.com tender section.

 To be considered for an RBM contract, bidders must typically provide:

  • Trading License and Business Registration Certificate.

  • MRA TPIN Certificate and a valid Tax Clearance Certificate.

  • PPDA Registration Certificate (Mandatory for all government-related procurement in Malawi).

  • MSME Certificate (If applying under the 20% preference for indigenous black Malawians).

  • Bid Securing Declaration or Bid Security (Bank Certified Cheque).

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