Key Responsibilities
- A. Contract and Documentation Management
- 1.Draft, review, and vet standard legal documents, including loan agreements, security documents.
(e.g., mortgages, debentures, guarantees), and standard operational contracts.
- 2.Ensure all loan agreements and credit policies are legally sound and protect the institution’s
interests.
- 3.Maintain and update the MFI’s register of legal documents, contracts, and case files, ensuring
proper indexing and security.
- B. Regulatory Compliance and Advisory
- 1.Monitor changes in laws and regulations affecting the microfinance sector and report potential
impacts.
- 2.Provide timely and accurate legal advice to various departments (e.g., Operations, Credit, HR) on day-to-day legal issues.
- C. Litigation and Debt Recovery
- 1.Prepare and file court documents, demand letters, and other legal instruments for the recovery
of outstanding debts from defaulting clients.
- 2.Represent the MFI in court proceedings, tribunals, and negotiations, or coordinate with external
counsel for litigation matters.
- 3.Provide legal guidance to the collections and recovery teams on asset seizures, foreclosure, and
other enforcement actions, ensuring compliance with legal and ethical guidelines.
- D. Policy and Training
- 1.Assist in the development and review of internal policies, procedures, and legal frameworks to
ensure operational compliance.
- 2.Conduct internal legal research on a variety of issues.
Requirements for Experiences and Qualifications
- Education – Bachelor of Laws (LLB) is mandatory. Must be licensed to practice law in Myanmar.
- Experience – Minimum of 3 to 5 years of experience as a legal officer or corporate lawyer, preferably in the microfinance, banking, or financial services sector.
- Knowledge – Strong understanding of financial and banking laws, microfinance regulations, contract law, and debt recovery procedures.
- Skills & Competencies –
- Excellent legal research, drafting, and documentation skills. Proven negotiation and litigation skills. Strong analytical and problem-solving abilities.
- High level of integrity and professional ethics.