Chief risk officer

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One who is long an exalted position, but short a grisly option, should your margin lending desk get over its skis. She is important enough to be known by her Christian name — shall we call her Elaine? — but not so important she won’t be defenestrated to save Chuck’s skin should the prime services desk drop five yards lending to a convicted insider trader.

See also

• Credit
• Chief Technology Officer
• Chief Operating Officer
• Chief Executive Officer