Microfinance Bhutan Private limited is pleased to invite application for the post of a Legal Officer as given below:

Terms of Reference- Legal Officer

Reporting to: GM/Head of Credit & Banking

1. Purpose of the Role

To provide legal support to the MBPL, ensure compliance with applicable banking laws and regulations, minimize legal risks, and safeguard the MBPL’s interests in all legal matters.

2. Key Responsibilities

• Provide legal opinions on banking operations, credit facilities, contracts, regulatory compliance, and operational matters.
• Advise the Board, Management, and departments on legal risks, implications of decisions, and potential liabilities.
• Ensure compliance with applicable banking laws, central bank directives, statutory obligations, and corporate governance standards.
• Monitor and interpret changes in legislation affecting banking and financial operations.
• Draft, review, and vet legal documents including loan agreements, security documents, vendor contracts, service agreements, MOUs, and other commercial arrangements.
• Conduct legal due diligence for loans and advances, including verification of collateral, title documents, and enforce-ability of securities.
• Ensure completeness and accuracy of documentation relating to credit and security facilities.
• Prepare and review legal documentation for debt recovery and enforcement actions.
• Follow up on overdue accounts, issue reminder letters, demand notices, and recall notices.
• Negotiate repayment arrangements and settlements within delegated authority limits.
• Initiate and oversee legal proceedings where recovery efforts are unsuccessful.
• Coordinate with external counsel on litigation, recovery cases, and enforcement matters.
• Monitor ongoing cases and provide regular status reports to management.
• Represent the Company in court proceedings, legal disputes, negotiations, meetings, seminars, and related forums as assigned.
• Engage in alternative dispute resolution (ADR) and facilitate internal settlements where appropriate.
• Assist in drafting internal legal policies, procedures, and compliance frameworks.
• Support corporate governance processes, including familiarization with Board proceedings, preparation of Board minutes, legal protocols, and presentation materials.
• Work collaboratively with Heads of Units, branch offices, and other divisions on cross-functional legal matters.
• Advise and monitor legal issues relating to branch operations and affiliated establishments.
• Take accountability for the accuracy and reliability of legal advice and document reviews.
• Contribute toward achieving annual Legal Unit targets and performance goals.
• Any important task assigned by Management/ Competent Authority

3. Required Qualifications and Skills

• Bachelor’s Degree in Law (LLB)
• Valid BAR Council Certificate
• Strong drafting, negotiation, and communication skills
• Deep understanding and interpretation skills of national and international laws, Acts, financial Rules & regulations, Tax laws/Acts.
• Experience is an added advantage

   4. Documents Required:

1. MBPL employment application form. (Available in our website- Downloads)
2. Resume
3. Copies of relevant academic transcripts and any other training certificates
4. Copy of valid Bhutanese Citizenship Identity Card (both side)
5. Work experience certificate if any
6. Valid medical fitness certificate of six months validity
7. Security Clearance Certificate
8. Any other document and testimonials, as may be applicable to the post

Candidates fulfilling above criteria and documents requirement can submit their relevant documents latest by March 9, 2026 along with MBPL job application form in one pdf file not exceeding 10 MB to recruits@mbpl.bt .

Note: An application that is not accompanied by any of the mandatory documents as specified above, whether in part or whole and not clearly scanned, shall be rejected without citing any reason thereof.  

Vacancy Details

Salary : Nu. 39,484
Employment Type : Regular
Job Sector : Law. Judiciary, Legal
Last Submission Date : Mar 9, 2026 17:00

Microfinance Bhutan Private limited is pleased to announce the vacancy for legal officer.

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