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Senior Legal Counsel at Mauritius Commercial Bank

Position Overview

Location: Port Louis, Mauritius

Compensation: Rs130,000 - Rs180,000/year

Position: Senior

Type: Job

Remote: No

Posted: Mar 20, 2026

Deadline: May 19, 2026

Job Description

Senior Legal Counsel — Mauritius Commercial Bank (MCB)

The Mauritius Commercial Bank (MCB), the largest and oldest banking group in Mauritius, seeks a Senior Legal Counsel for its Legal and Compliance Division at MCB Centre, Port Louis. MCB's legal team is the most substantial in-house banking legal function in the Indian Ocean region, supporting domestic banking, international cross-border lending, and MCB's subsidiary operations in Madagascar, Maldives, and Seychelles.

The Senior Legal Counsel will manage complex credit documentation, structured finance transactions, loan recovery proceedings before the Supreme Court, and regulatory compliance under the Banking Act 2004 and Bank of Mauritius guidelines. MCB's MUR 500+ billion balance sheet generates high-value legal work spanning trade finance, project finance for infrastructure and hospitality, and anti-money laundering compliance under FIAMLA.

Responsibilities

Manage complex credit documentation for MCB's corporate and institutional lending portfolio
Advise on regulatory compliance with the Banking Act 2004 and Bank of Mauritius prudential guidelines
Handle loan recovery proceedings and enforcement of security before the Supreme Court
Support cross-border lending operations for MCB's international subsidiaries
Advise on FIAMLA compliance, KYC, and anti-money laundering frameworks
Provide legal opinions on structured finance, trade finance, and project finance transactions

Requirements

Barrister or Attorney admitted by the Mauritius Bar Council with minimum 8 years' post-admission experience
Extensive banking and finance law experience in a law firm or in-house banking environment
Deep knowledge of the Banking Act 2004, Bank of Mauritius guidelines, and FIAMLA
Experience with structured finance, syndicated lending, and cross-border banking transactions
Litigation experience for debt recovery before the Supreme Court of Mauritius
LL.B. from a recognised institution; LL.M. in banking or finance law preferred
English and French proficiency required

Perks & Benefits

Legal career opportunities, Professional development, Competitive compensation, Health benefits, Retirement planning

Compensation

Rs130,000 - Rs180,000/year

Practice Area

General Legal

Position

Senior

Applicant Location Requirements

Applicants must be located in: US

Application Contact

Contact: Mauritius Commercial Bank Hiring Team

Application Deadline

May 19, 2026

Employment Type

Full time

Senior Legal Counsel