Mudblood

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Mudblood /mʌd blʌd/ (n.)
(Derogatory) A compliance officer, paralegal or an ISDA negotiator. One with some legal training but no practising certificate.

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To the chagrin of those who do hold practising certificates, Mudbloods are quite capable of surprising you with deep legal insight — often into things you’ve overlooked — and more importantly, with decades of experience in the markets, have seen everything, are fazed by nothing and possessed of a deeply burnished pragmatism which boy wizards will — or at any rate should — deeply envy.

See also